Sensedge(Slovenia) – Developer of IoT sensors at large scale. Their first product, the Senstick, is a quality, cost-effective IoT sensor using LoRaWAN connectivity to send readings of air temperature, relative humidity and air pressure.
The finalists show the robust growth across the LoRaWAN platform. The LPWAN Ecosystem Fund’s goals include building an ecosystem of strategic investors and stakeholders focused on leveraging LPWAN to propel Connected Industry.
That means a focus on expanding the supply of end devices with compelling use cases (like Sensedge), activating the demand side by adding value in those end devices (like ConnectedFresh and Skysens) and enabling enterprise deployment capabilities (like Polygravity and ChirpyWAN).
The adoption in LoRa technology continues to build. In a recent earnings call with chipmaker Semtech, they announced over 300,000 gateways had been deployed with 130 network operators, a footprint that could support over 2 billion end-nodes.
The finalists will pitch live at the LoRa Alliance Annual Members Meetingin Berlin on June 13th for a chance to win a $10,000 cash prize. Finalists also receive a one-year Adopter membership to the LoRa Alliance, complimentary booth space at the event, and will be publicly announced by both Momenta and the LoRaAlliance in addition to many other perks.
“I am impressed with the quality and diversity of the applicants participating in the LoRaWAN Challenge,” said Donna Moore, CEO of the LoRa Alliance. “It demonstrates the diversity of LoRaWAN applications that are being implemented in the market. I look forward to meeting the LoRaWAN challenge finalists and congratulating the winner.”
In addition to Lee, our partners Ken Foster, Ben Steven, Stephen Berard and Laura Westby will be attending the annual meeting. Please reach out to us if you want to meet. Good luck to our finalists.
Momenta Partners encompasses leading Strategic Advisory, Talent, and Venture practices. We’re the guiding hand behind leading industrials’ IoT strategies, over 200 IoT leadership placements, and 25+ young IoT disruptors. Schedule a free consultation to learn more about our Connected Industry practice.