Pelion Receives Growth Equity Funding from SEP







pelion

Pelion, a Glasgow, Scotland, UK-based Web of Issues (IoT) connectivity trade, won an Fairness investment from Scottish Fairness Companions (SEP).

The quantity of the deal was once no longer disclosed.

The corporate intends to make use of the budget to develop independently, and make investments additional in product building, gross sales and buyer toughen.

Led by way of CEO David Weidner, Pelion has advanced a world connectivity control platform enabling undertaking consumers to attach finish units to programs via mobile connectivity. Its 500 consumers span quite a lot of sectors, together with industrials, utilities, delivery and logistics, and healthcare. Use circumstances supported by way of the platform come with infrastructure tracking, attached commercial apparatus, car telematics, faraway construction get entry to and affected person tracking.

With presence in the United Kingdom and North The united states, Pelion is a spouse to over 500 undertaking purchasers. 

FinSMEs

21/10/2022






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