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ENGIE New Ventures Invests in UnaBiz and IoT in Singapore

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UnaBiz, Sigfox's operator for Singapore and Taiwan, raised over USD10 million in its Series A funding round with strategic investments from KDDI and ENGIE. The round marks a new milestone in its mission to empower massive Internet of Things (IoT).

(...) ENGIE, the global energy and services leader, reaffirmed its confidence in UnaBiz's vision with another round of fund injection through ENGIE New Ventures, following its earlier seed investment. « IoT, along with data science, and artificial intelligence, are at the heart of our digital strategy, and UnaBiz shares that vision of a connected world with us. This new investment will contribute in consolidating ENGIE’s LPWAN ecosystem » says Johann Boukhors, Director Corporate Venture Capital at ENGIE.

« ENGIE Services Singapore has been working closely with UnaBiz to deploy smart cities solutions in the areas of facilities and energy management and operational maintenance. We look forward to taking this partnership to the next level », Csilla Kohalmi-Monfils, Executive Vice President Strategy & New Business at ENGIE APAC.

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