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$10.5 M Series A funding raised by IoT multi-sensing platform Nami

The Series A financing round for Nami, a Singapore-based multi-sensing platform, and ecosystem enabler for the Internet of Things (IoT) sector, has concluded with a $10.5 million raise.

In a statement released, Nami claimed that it had raised the money from a number of influential investors, including Verizon Ventures, Amavi Capital, INSPiRE, and Aconterra.

With this additional funding, nami will be able to grow both its team and geographic reach and quickly spread its cutting-edge digital sensing infrastructure throughout homes and businesses across three continents.

“This funding round empowers nami to achieve our mission of building an ecosystem of AI sensors that cater to IoT players, internet service providers, insurance companies, and others across multiple verticals,” said Jean-Eudes Leroy, Co-Founder and Chief Executive Officer of nami.

“Our innovative nami app brings peace of mind to families with security, safety, and wellness use cases while ensuring the utmost privacy,

“Additionally, our partners’ applications and dashboards utilize data from our API to enhance automation, complement their security solution and improve health outcomes in different types of environments,” he added.

Nami is a company that offers players in the security, safety, HealthTech, PropTech, and energy optimization fields hardware-augmented software-powered digital sensing solutions.

The company enables enterprise clients to quickly deploy situational, motion, and presence-aware IoT services.

Unprecedented use cases are delivered by its full-stack platform, which ingests raw sensor data, enhances it into actionable metadata, and uses it to start automation across the entire IoT environment.

With cutting-edge sensing topologies and related intellectual property, nami has created a strong platform for software-based sensing applications over the past two years.

Jean-Eudes and Jérôme Leroy, two of the nami Co-Founders, are active members of the Connectivity Standards Alliance (CSA), are on the steering committee for the CSA’s newest workgroup on health and wellness, and are the chair of Matter’s RF Ambient Sensing Workgroup.




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