About Nordic IoT Networks
Nordic IoT Networks is a company based in Kungsbacka (Sweden) founded in 2018 was acquired by Netmore Group in December 2020.. Nordic IoT Networks operates in a competitive market with competitors including Senet, The Things Industries, eleven-x, Hivello Holdings and OrbiWise, among others.
- Headquarter Kungsbacka, Sweden
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Netmore Group
(Dec 30, 2020)
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Funding Insights of Nordic IoT Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nordic IoT Networks
Nordic IoT Networks has secured backing from 1 investor. Prominent investors backing the company include Netmore Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Massive IoT connectivity services are provided on a global scale.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nordic IoT Networks
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nordic IoT Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nordic Iot Networks Comparisons
Competitors of Nordic IoT Networks
Nordic IoT Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Senet, The Things Industries, eleven-x, Hivello Holdings and OrbiWise, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
LoRa-based connectivity solutions are provided for IoT applications.
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LoRaWAN network server software and support services are provided.
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Wireless telecommunications software for IoT connectivity is developed.
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LoRaWAN technology is developed for decentralized IoT networks.
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Network software solutions for LoRaWAN-based IoT connectivity are provided.
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IoT connectivity is enabled via LPWA solutions and LoRaWAN infrastructure.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nordic Iot Networks
Frequently Asked Questions about Nordic IoT Networks
When was Nordic IoT Networks founded?
Nordic IoT Networks was founded in 2018.
Where is Nordic IoT Networks located?
Nordic IoT Networks is headquartered in Kungsbacka, Sweden. It is registered at Kungsbacka, Halland, Sweden.
Who is the current CEO of Nordic IoT Networks?
Henrik Lindgren is the current CEO of Nordic IoT Networks.
What does Nordic IoT Networks do?
Nordic IoT Networks was established in 2018 and is headquartered in Kungsbacka, Sweden. Operations focus on the telecommunications sector, where LoRa-based infrastructure is deployed to enable IoT connectivity. Services include network coverage in key areas such as Stockholm, Gothenburg, MalmöLund, and Uppsala, extending across Sweden, Norway, and Denmark. The company supports various IoT applications through this low-power, wide-area network technology.
Who are the top competitors of Nordic IoT Networks?
Nordic IoT Networks's top competitors include Senet, Hivello Holdings and The Things Industries.
Who are Nordic IoT Networks's investors?
Nordic IoT Networks has 1 investor. Key investors include Netmore Group.