Targa Telematics is a global player in the IoT field, developing solutions and digital platforms for connected mobility. With over 20 years of experience, the company offers telematics technology solutions, smart mobility, and IoT platforms for various sectors including corporate fleets, construction, airport ground support, rental and leasing companies, automotive dealerships, public mobility operators, utilities, car manufacturers, and insurance companies. Their technology is based on cloud computing, Internet of Things (IoT), and Big Data analysis, with additional focus on advanced technologies such as Blockchain, Machine Learning, and Artificial Intelligence. In 2023, they strengthened their footprint in European markets through the acquisition of Viasat Group, expanding their presence in Italy, the UK, France, Spain, Portugal, Belgium, Poland, Romania, and Chile. Notably, the company participates in the United Nations Global Compact and adheres to its principles-based approach to responsible business. The last investment, a Private Equity Round investment in June 2021, was made by InvestIndustrial Holdings. With its innovative technology and strategic expansions, Targa Telematics presents a promising prospect for venture capitalists.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Private Equity Round | Unknown | 1 | InvestIndustrial Holdings | 10 Jun 2021 |
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