Sensative AB, the provider of Yggio, a smart building/smart city IoT platform and a wide variety of battery-powered sensor strips, has carried out part 2 of its Series A new share issue. The total consideration amounts to SEK 29M (2.8M€), led by Aconterra Fund and followed by existing investors for the accelerated sales of the IoT platform Yggio and the development of several new sensors.
Aconterra is a Belgian VC fund building an ecosystem of innovative ‘Smart Building Tech’ companies to make buildings more sustainable, more comfortable, and pleasant to work or live in.
“Sensative has a strong position in the Swedish market with Yggio, while our Strips sensors are well established in a global market. With the support of Aconterra, we will now be able to take advantage of the powerful global wave of digitization that is coming in the wake of the pandemic. Our markets have now realized the need for remote control, but also to reduce human climate impact through increased automation.” says Mats Pettersson, CEO of Sensative.
About Yggio DiMS
The DiMS platform connects and manages the entire property’s or city’s technical infrastructure for digitization, for example, sensors, controls, control systems, and gateways. At the same time, it establishes an open and standardized interface (API – application programming interface) and data models to unify all these different technologies from different vendors and their data into one management system.
About Sensative AB
Sensative AB is a technology company that leverages the Internet of Things (IoT) for cities and commercial property markets, empowering organizations with smart technology and advancing digitalization. Sensative has two business areas; sensors in the iconic Strips form factor, and Yggio, the leading DiMS platform. Yggio, designed to be an industry standard for any domain, simplifies digitalization, enabling customers to develop comprehensive IoT operations that leverage data collection to prioritize organizational efficiency, data ownership, scalability, and performance.
Sensative, formerly a 2-time finalist on Affärsvärlden’s 33-list, was recently named one of the 50 best PropTech Startups and Scale-ups in Europe by The European PropTech Association.