Indoorway attracts over $500k for the further development of the company
Polish technology company Indoorway has attracted over $500,000 from Polish early-stage VC fund Satur Starter, reports MamStartup.
Indoorway develops Real-Time Location Systems solutions based on Internet of Things technology. By collecting the asset location and movement data with the help of UWB transmitters, it is aimed to optimize production processes and internal logistics of mobile assets such as forklifts, tugger trains and workers, and improve the efficiency.
Michelin, GKN Driveline, Whirlpool, Cetes Cosmetics are already among the company’s clients. “Our solution meets the high standards of companies in this sector. It helps them to reduce operating costs and improve resource management”, claims Adam Komarnicki, CEO of Indoorway.
The investor Satur Starter is a Polish venture capital fund focused on seed and Series A investments in AI & Big Data, SaaS, AR & VR, IoT, FinTech, blockchain, cybersecurity, and marketplace projects from the CEE region.
Indoorway is planning to invest attracted capital in the further development of its solutions, in particular in marketing and sales activities.