Everactive has rebranded from PsiKick and secured $30m from investors including ABB Technology Ventures to boost its total funding to $63m.
Everactive, a US-based developer of battery-less industrial internet-of-things technology, completed a $30m funding round yesterday featuring featured ABB Technology Ventures, the corporate venturing arm of industrial group ABB.
The round was led by Future Fund, Australia’s sovereign wealth fund, and included spinout-focused investment firm Osage University Partners, growth equity firm Blue Bear Capital and venture capital firm New Enterprise Associates (NEA).
Everactive manufactures internet-enabled sensors for the industrial sector that rely on advanced integrated circuit and wireless networking technology to…
