Breed Reply, an active operational UK investor that backs early-stage internet of things (IoT) companies, has announced funding for two start-ups, CageEye and ubirch. Norway-based agtech start-up CageEye has developed an IoT platform to track and improve the feeding of salmon. German firm ubirch has built a blockchain-based IoT security system to gather, handle and store data. Since they were launched, both have obtained a total of €5.8 million in funding, including this investment round. The companies are working with the University of Edinburgh in Scotland on developing their solutions.
Breed Reply, an active operational UK investor that backs early-stage internet of things (IoT) companies, has announced funding for two start-ups, CageEye and ubirch. Norway-based agtech start-up CageEye has developed an IoT platform to track and improve the feeding of salmon. German firm ubirch has built a blockchain-based IoT security system to gather, handle and store data. The companies are working with the University of Edinburgh in Scotland on developing their solutions.