Space Capital Leads USD 4.3m Investment in Start-up R3-IoT.
TELECOMWORLDWIRE-July 30, 2021-Space Capital Leads USD 4.3m Investment in Start-up R3-IoT
(C)1994-2021 M2 COMMUNICATIONS http://www.m2.com
R3-IoT, a satellite-enabled connectivity start-up, has closed a USD 4.3million seed investment round led by New-York based Space Capital, as it gears up for global expansion, the company said.
Led by space technology experts Allan Cannon and Kevin Quillien, R3-IoT addresses challenges that organizations face in digitizing business operations, products, and services due to a lack of, or unreliable, communications infrastructure.
Focused on the market gap underserved by...
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