UnaBiz, a Singapore-based provider of customized IoT solutions, has successfully closed the first phase of its $25 million pre-Series C funding round. This investment, led by Japan’s KDDI Open Innovation Fund 3 (KOIF III) and KYOCERA Communication Systems Co., Ltd (KCCS), aims to bolster UnaBiz’s market presence and enhance its IoT offerings. The funding follows UnaBiz’s acquisition and integration of Sigfox 0G technology, which has significantly expanded its global network.
Strategic Investments and Growth
UnaBiz’s recent funding round marks a significant milestone in its journey. The $25 million investment will be strategically deployed to accelerate growth across several key areas. The company plans to strengthen its presence in the security industry, where it has already connected an additional 1 million devices in the past year. This expansion is expected to enhance UnaBiz’s telemetry and anti-jamming services globally.
In addition to the security sector, UnaBiz is forming partnerships with major automobile and motorbike manufacturers. These collaborations aim to scale its telemetry services, providing advanced solutions for vehicle tracking and anti-theft measures. The company’s commitment to innovation is evident in its AI-powered Wi-Fi geolocation services, which are being expanded in the logistics and supply chain sector.
UnaBiz’s growth strategy also includes increasing its market share in the gas and water utility segments. By leveraging hybrid solutions that integrate multi-tech network technologies, the company aims to offer more efficient and reliable services. This approach is expected to drive further growth and solidify UnaBiz’s position as a leader in the IoT industry.
Expanding the Sigfox 0G Network
The acquisition and integration of Sigfox 0G technology have been pivotal for UnaBiz. In the past two years, the company has expanded the global 0G Network by adding 4 million new devices, making it the largest unlicensed Low-Power Wide-Area Network (LPWAN) in the world. This growth has been driven by ongoing revenue increases and more efficient operations, resulting in a profitable network.
UnaBiz’s leadership in expanding the Sigfox 0G Network has been recognized by industry experts. Kazuhiko Chuman, General Manager of KDDI Corporation’s Open Innovation Division, praised UnaBiz for its contributions to the IoT business ecosystem. Similarly, Yoshiaki Nagai, Deputy General Manager at KYOCERA Communication Systems, highlighted UnaBiz’s role as a gateway for Japanese companies to export their IoT solutions globally.
The successful transformation following the acquisition of Sigfox 0G technology underscores UnaBiz’s ability to unlock new opportunities within the LPWAN ecosystem. With 13.5 million devices connected, including 4 million added in the last two years alone, UnaBiz has become one of the largest aggregators of Massive IoT solutions globally.
Future Prospects and Industry Impact
UnaBiz’s recent achievements and strategic investments position the company for continued success. The fresh funds will support the company’s efforts to deepen its market penetration in various sectors. In the security industry, UnaBiz’s expanded network and advanced telemetry services are expected to drive significant growth.
The company’s partnerships with automobile and motorbike manufacturers will further enhance its global reach. By providing innovative solutions for vehicle tracking and anti-theft measures, UnaBiz aims to address the growing demand for advanced IoT services in the automotive sector. Additionally, the expansion of AI-powered Wi-Fi geolocation services in the logistics and supply chain sector will enable more efficient tracking and management of goods.
UnaBiz’s focus on the gas and water utility segments will also contribute to its growth. By offering hybrid solutions that integrate multi-tech network technologies, the company aims to provide more reliable and efficient services. This approach is expected to drive further market penetration and solidify UnaBiz’s position as a leader in the IoT industry.
Henri Bong, CEO and Co-Founder of UnaBiz, expressed his enthusiasm for the company’s accelerated trajectory. He emphasized the successful transformation following the acquisition of Sigfox 0G technology and highlighted UnaBiz’s role as a key player in the IoT ecosystem. With continued support from strategic investors and a strong focus on innovation, UnaBiz is well-positioned to achieve its growth objectives and make a significant impact on the IoT industry.
