Bitgear

Bitgear is a Serbian high-tech B2B partner specializing in developing innovative electronic systems and IoT solutions. The company's flagship product, IO-Elements, offers enterprise-grade IoT solutions designed to address niche problems. Bitgear's service portfolio encompasses end-to-end IoT product design and development, high-technology R&D services, industrialization, product rollout and production support, and IoT-based digital transformation consultancy. The company boasts expertise in digital communications, signal processing, sensors fusion, electronics, embedded systems, and Cloud technologies, providing a "full stack" IoT development and deployment. Bitgear has an impressive track record, with successful projects including underground manhole monitoring, mobility-as-a-service fleet solution, smart farming wearable devices, and mobile telecare solutions. The company serves a diverse client base, including growth startups, mid-size niche industrial clients, and Fortune500 internationals across various industries such as smart farming, consumer neuroscience, insurance telematics, and smart home automation. Notably, Bitgear has been recognized by Deloitte as one of the Top 50 fastest-growing technology companies in Southeast Europe. Although specific information about the last investment and investors is not available, Bitgear's strong industry presence and robust product offering position it as an attractive potential investment for venture capitalists seeking opportunities in the rapidly growing IoT and high technology sectors.