Blackline Safety Acquisition, Valuation & Financials

Greenlabs is a Seoul-based agritech firm offering a digital platform for farm management. Founded in 2017, the service analyzes environmental data to recommend crop varieties and automates IoT devices for optimal growth conditions. Greenlabs connects Korean farmers to sales channels and integrated services maximizing yields in rice, vegetables, and fruits.

Changyang Tech is a Beijing-based provider of industrial Internet of Things security solutions, offering seven product lines such as vulnerability scanners, terminal security gateways, and big data analytics platforms. Its systems protect manufacturing facilities in power and oil sectors across China.

Yunding Technology Co Ltd is a high-tech company focusing on the intelligent industry of the energy industry. It focuses its development strategy on the field of industrial Internet services and develops in-depth in the field of mining industrial intelligence and coal gasification technology, providing customers with integrated system research and development, design, operation, and maintenance.

Helian Health is a Hangzhou-based medical internet company, operating as Zhejiang Qilian Network Technology since 2014. It delivers hospital IoT solutions, including WiFi networks, patient apps, and medical staff tools, serving 1,700 hospitals across 245 cities. Partnerships with Foxconn enable LoRa-based systems for outpatient and inpatient scenarios, covering nearly 100,000 access points. The portfolio features Medicare Xiaobian app for doctors and Health App for personalized wellness plans using AI-driven data analysis.

Queclink Wireless Solutions Co Ltd is a China based company engaged in supplying machine-to-machine (M2M) devices and solutions. The products offered by the company are asset trackers, personal trackers, vehicle tracker, and other accessories. It also offers solutions such as asset tracking, lone workers, telecare, monitoring, and fleet management.

BrightInsight is a San Jose-headquartered digital health platform supporting pharma and medtech companies with FDA-cleared solutions for connected drugs and devices. Founded in 2017, it powers patient apps for 10+ therapeutics including Novartis' Entresto and Abbott's FreeStyle Libre, integrating wearables and EHRs for adherence monitoring. The platform processes data from 1 million+ users, delivering insights via AWS cloud infrastructure under ISO 13485 quality systems. BrightInsight expanded to Europe in 2023 with CE marking for its IoT hub.

COSMOplat is an industrial Internet of Things platform operated by Haier Group that connects manufacturers with suppliers and customers for customized production. Launched in 2017 and headquartered in Qingdao, China, with operations in Shanghai, the platform serves over 120 million interconnected devices across 200 countries. It enables mass customization through modules for smart design, intelligent manufacturing, and supply chain management, supporting clients like General Electric and Procter & Gamble in sectors ranging from appliances to automotive parts.

FLASH is an Austin, Texas-based provider of cloud-based parking management software, founded in 2011 as FlashParking before rebranding. Its platform helps parking garage operators optimize real estate and connected mobility through revenue control, enforcement, and reservation technology, and the company has grown through acquisitions including Ballparc, OmniPark, Parkonect, ParkIt, and Mountain Parking Equipment.

Infarm is a Berlin-headquartered urban farming company deploying modular vertical farms in supermarkets and cities. Founded in 2013, it grows herbs, leafy greens, and strawberries using IoT-controlled hydroponics and machine learning for optimal yields. Infarm partners with chains like Metro and Carrefour, supplying fresh produce in Germany, France, and the United States.

Newlink is a Shanghai-headquartered digital energy service provider operating energy internet-of-things platforms and new retail solutions across oil, electricity, hydrogen, and gas sectors. Recognized among the world's top 500 new energy companies, the firm employs over 3,000 staff and integrates upstream-downstream chains for ecological reconstruction.

RADAR is a retail technology platform merging RFID tags and computer vision for store operations. Deployed in physical retail locations, it conducts automated inventory audits, monitors shelf replenishment, tracks customer interactions for analytics, and powers cashierless checkout systems. RADAR equips brick-and-mortar chains with e-commerce-level insights into stock and shopper behavior.

Semios is a Vancouver-headquartered precision agriculture platform for orchard and vineyard growers. It deploys in-field wireless sensor networks, automated pest monitoring traps, and variable-rate biopesticide sprayers. The system delivers real-time data on crop health, irrigation, and pest pressure via a cloud dashboard. Founded in 2010, Semios serves over 1,000 farms across North America and Chile reducing water use by 20 percent and pesticide applications.

Wiliot is an IoT company, with operations in San Diego and Israel, that develops stamp-sized, self-powered compute devices known as IoT Pixels. These ambient-powered tags attach to products to sense temperature, humidity, motion, and location in real time, feeding data into a cloud platform for AI-driven supply chain insights. Wiliot targets supply chain transparency across industries including food, retail, healthcare, and pharmaceuticals, running a 'Sensing as a Service' model alongside licensing of its chip technology.

ZaiNar is a U.S.-based location tracking technology firm utilizing passive radio signals from cellphones, IoT devices, and chipless RFID tags. Its platform achieves sub-meter accuracy over 200-meter ranges for real-time asset monitoring in logistics, manufacturing, and security applications, outperforming GPS in scalability and cost.

Tractian develops technology for industrial maintenance and equipment monitoring. Its offering combines sensors, software and artificial intelligence to help manufacturers detect developing equipment problems and organize maintenance work. Customers use condition-monitoring data and maintenance management tools to assess machine performance, prioritize interventions and reduce unplanned production interruptions. The company serves asset-intensive industrial businesses and supports maintenance teams responsible for machinery and plant reliability. Its products bring together information from connected equipment with operational workflows used by technicians and managers. Tractian also publishes technical content and has invested in education businesses serving maintenance professionals. The company was founded in 2019 and operates from Atlanta, with activities in Brazil and Mexico. Its commercial model combines industrial technology with software and services that support continuing use of the monitoring and maintenance platform.

Lanmi is a Shenzhen-based consumer electronics manufacturer producing wireless audio devices, bone conduction headphones, microphones, smart wearables, and IoT modules. The company supplies products to global brands in audio, fitness tracking, and connected home categories.

Sercomm Corporation is a provider of broadband networking software. The Company is engaged in research and development, manufacturing, and sales of networking communication software and equipment. Its mainstream products includes FTTx Products, Cable DOCSIS Equipment, Integrated Access Devices (IAD), Small Cells, Smart Home, Mobile IoT, and SMB Products.

Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services and Telematics products. The Telematics services segment consists of regionally-based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others. The company derives maximum revenue from Israel.