Reply awards cash to ‘Best in Breed’

Feb 10, 2015 • Robert Lavine

The digital services company has provided $3.75m to three internet of things startups as part of its IoT Best in Breed initiative.

Breed Reply, the UK-based internet of things (IoT) incubator operated by digital services provider Reply, has signed term sheets with three startups to invest a total of £2.45m ($3.7m).

The companies were the winning applicants to Breed Reply’s IoT Best in Breed programme, launched in October 2014 to find the most innovative ideas in the internet of things space.

The first of the companies is BrainControl, an Italy-based startup developing a connected headset that would allow people suffering from brain…

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