Investment in Internet of Things Start-ups in Europe

Venture Funding Activity and Acquisitions Exceeded $500 Million in H1 2016
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Published: 20 Sep 2016

With rapid technological advances in IoT, the number of connected devices is expected to be about 20 billion by 2020. This calls for an effective contribution from start-ups, as their lean structure is especially conducive for speedy development and growth. However, other ecosystem participants such as large tech companies and venture capitalists (VCs) need to support start-ups with funds and expertise at the right time to help them tide over any resource crunch and achieve their goals. This study seeks to put in perspective the existing VC trends in the IoT industry in Europe.

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