Logistics data analytics platform Locix has emerged from stealth with $20m in funding provided by investors including University of Tokyo Edge Capital.
US-based logistics centre monitoring platform Locix emerged from stealth on Thursday with more than $20m in funding from investors including University of Tokyo Edge Capital, the university’s venture capital fund.
Founded in 2014, Locix develops data analytics and monitoring products for logistics operations such as warehouses and construction sites. The technology aggregates visual, spatial and sensor data to monitor indicators such as utilisation of space and the status of assets.
Locix’s products can also be used in commercial buildings, factories,…