MatchX is a German startup that focuses on providing Edge AI & IoT Network Solutions with the slogan "Edge AI & IoT Network Solutions for building a connected world." Founded in 2016, the company manufactures superior LPWAN Hardware and Software and delivers comprehensive IoT Cloud and Reporting Solutions across diverse domains. The company's package solution comprises hardware, software and cloud reporting, offering an end-to-end IoT network solution with data transmission ranges of up to 35 km using LPWAN technology. The system is designed to ensure increased data efficiency and range, reduced energy consumption and costs.
MatchX has developed a plug and play system equipped with Listen-Before-Talk technology to enable data transmission at the most opportune times, preventing data loss and network overcapacity. The company's gateway supports end-to-end encrypted data transmission to the MatchX cloud in a consumable format. Moreover, MatchX sensors boast a remarkable battery life of 10 years and can operate in extreme temperatures, showcasing the company's dedication to innovative and durable products.
The startup is disrupting the world of smart city planning and has diverse applications ranging from smart waste management to street lighting optimization and air quality data collection. Moreover, MatchX's solutions find applications in agriculture and logistics for location tracking, device connectivity and security.
The company secured a $2.00M Series A investment on 04 February 2018, signifying confidence in its commercially sustainable and scalable IoT solutions. With its commitment to building a connected world, MatchX is poised to make a significant impact in the IoT industry. Visit www.matchx.io for more information on this innovative startup.
Funding Stage | Amount | No. Investors | Investors | Date |
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Series A | $2.00M | - | 04 Feb 2018 |
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