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qiio
Industrial Internet of Things provider
- 21-100 employees
- B2C
- Enterprise
- Manufacturing
- Internet of Things
- SaaS
- Cloud Computing
- Höngg, Zürich, ZH
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Company mission
To make a responsible and unique impact by connecting the assets of companies and people with revolutionary technological solutions – everywhere and anywhere.
Our take
The industrial applications of Internet of Things (IoT) devices has exploded into a $320 billion market, projected to almost triple in size by 2030. The visibility and control over industrial processes, supply chains and products is essential for manufacturers to stay ahead of the competition. However, implementation of IoT is difficult - devices often end up in a data black hole, unable to connect or share the information they are gathering. qiio, founded in 2014, aims to take the complexity out of IoT by providing a combination of hardware and cloud services.
The lucrative IoT market is crowded with companies aiming to support IoT implementation - for instance, IBM, Verizon and Samsara. But qiio believes that it has the advantage - while competitors can help with cloud connectivity or hardware, very few can do both. The market seems to agree: qiio has attracted business from some very large clients, among them Microsoft, Ericsson and Swisscom.
qiio has received funding from the Technology Fund and other investors and is set to expand its presence in the US market. It also aims to develop its technology to allow it to connect to new and existing applications. qiio is definitely one worth watching as it scales its product to take advantage of this growing market.
Freddie
Company Specialist at Welcome to the Jungle
Company values
- Together: We aim and strive for a common goal. We are respectful towards each other and all believe in success and deserve so
- Forward: Intelligent and visionary ideas drive our solutions and motivation in order to achieve valuable impact for our customers.
- Empowerment: Our employees are empowered, smart and bold and thus define who we are as a company, strong, inclusive, and always ahead of the curve.
Funding (1 round)
Mar 2020
$2m
SEED
Total funding: $2m
Leadership
Felix Adamczyk
(CEO)Before founding qiio, was the CEO of Smart Home Technology GmbH.