Read this article in:
Oulu-based Haltian, a company that provides product development services and commercial Internet of Things (IoT) solutions, announced on Monday that it raised €22M in a fresh round of funding for growth.
With this round, the IoT company has raised a total funding of €40M to date.
The round was led by Mandatum Asset Management Growth Equity II fund (MAM GE) and joined by Varma, Tesi, Ventic and Inventure.
Kitty Laine, Investment Manager, Private Equity at MAM, says, “Haltian has a history of providing state-of-the-art IoT solutions with unparalleled accuracy and data – an indispensable component of truly invaluable IoT solutions.”