ETCP Valuation, Funding & Investors

Helium is a decentralized wireless network for IoT devices using blockchain incentives. San Francisco-headquartered since 2019, it operates 1 million hotspots worldwide providing LoRaWAN coverage in 190 countries. Network operators earn HNT cryptocurrency through Proof-of-Coverage validation via radio challenges. The platform supports sensors for asset tracking and environmental monitoring, with 100 billion data packets transferred yearly. Helium raised $250 million via ICO and partners with T-Mobile for 5G expansion in the U.S.

Smarter is a London-based developer of connected kitchen appliances that integrate Wi-Fi functionality into everyday devices. The company produces products like the iKettle third generation, Smarter Coffee second generation, and FridgeCam wireless fridge camera. These items connect to mobile apps for remote control, reducing energy use and food waste, and are distributed through retailers such as Currys, Amazon, and Best Buy in the UK, Europe, and North America.

Wildlife Partners is a San Antonio-headquartered company founded in 2015 that preserves wildlife through nontraditional ranching practices. It delivers investment services for exotic animal ranches, ranch consultation expertise, and revenue strategies from conservation efforts. The firm operates a transportation division supplying zoos across the United States with animals. As majority owner of Microtraks, Wildlife Partners advances animal disease traceability systems for the domestic livestock market.

Wuxi Boton Technology Co Ltd is engaged in the research and development, production, and industrial material handling system of rubber conveyor belts. The products of the company include heat resistant, high-temperature resistant, flame retardant, high strength, energy saving, and fabric core conveyor and special structural conveyor belts.

Gosuncn Technology Group Co Ltd is engaged in the research and development and application of core technologies, products and solutions based on the Internet of Things and artificial intelligence and provides smart city Internet of Things products and services.

Plejd AB develops products and services for smart lighting and home automation.

eFishery is a Jakarta-based aquaculture technology provider founded in 2013 that equips fish and shrimp farmers with smart feeding systems, IoT sensors, and cloud-based analytics platforms. Its eFeeder devices automate feeding schedules across Indonesia, Vietnam, and India, serving more than 100,000 ponds. The company achieved unicorn status in 2023 after raising $137 million in Series D funding from investors including SoftBank. eFishery delivers financing, insurance, and supply chain services through its full-stack ecosystem, enhancing yields by up to 30 percent while minimizing feed waste in Southeast Asia's $20 billion aquaculture market.

Raspberry Pi Holdings PLC is a Company involved in designing and developing high-performance, low-cost single-board computers (SBCs) and compute modules for industrial IoT customers and embedded uses, as well as for educators and enthusiasts, in extensive markets. It is an established, full-stack engineering organization with research and development capabilities spanning the entire value chain, from semiconductor intellectual property development to the design of finished semiconductor and electronic products to software engineering and regulatory compliance.

Arcadyan Technology Corp is engaged in the research, development, manufacture, and distribution of wireless local area network products, integrated access devices, digital home multimedia appliances, mobile broadband products, and wireless products. The company's products include digital subscriber line customer premises equipment (DSL CPE), fiber-to-the-x (FTTx) equipment, mobile broadband equipment, set-top boxes, and others. The Group includes only one segment The networking product. Its geographically revenue comes from Vietnam, Taiwan and others.

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.

Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. It combines a cloud infrastructure and mobile app with various smart connected devices to provide users with visibility, insight, and a means to help protect and connect in real-time with the people and things from any location with a Wi-Fi or a cellular connection. The company offers subscription services such as Arlo Secure, Arlo Total Security, and Arlo Safe, and several categories of smart security devices, including smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras, and home security systems. Geographically, the company generates a majority of its revenue from the United States, followed by Spain, Sweden, and other countries.

Sensirion Holding AG is engaged in the manufacturing of high-quality sensors and sensor solutions for the measurement and control of humidity, gas flow, liquid flow, and machine diagnostics. The firm offers its services and products to various industries such as Industrial, Automotive, Medical, Industrial, and Consumer. It operates in APAC, EMEA, and the Americas.

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.

Blueground is an Athens-headquartered proptech company offering fully furnished, flexible apartments for mid-to-long-term stays. Available in over 40 cities including New York, London, and Paris, its properties cater to digital nomads, business travelers, and relocating professionals. Blueground provides weekly cleaning, utilities, and 24/7 concierge support with month-to-month leasing.

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.