Business Wire

BreezoMeter Closes Series B Fundraising with $7.75M USD

Jaa

BreezoMeter, a global provider of hyperlocal air quality data and pollen information, announces the completion of a series B funding, totaling $7.75 Million USD, led by Goldacre and Entrée Capital . In 2014 BreezoMeter was the first company to introduce location-based and real-time air quality data, available via API, to businesses. Since then the company has landed major partnerships in the smart home, medical, automotive and lifestyle industries and has received investments totaling $12.5M USD.

BreezoMeter was founded in 2014 by three graduates of Israel’s Technion Institute of Technology: environmental engineers Ran Korber (CEO) and Ziv Lautman (CMO), and software engineer Emil Fisher (CTO). The founders were looking to buy family homes in the healthiest, cleanest areas in Israel, but realized they didn’t have access to relevant, location-based data that could help them. This drove them to create a company that could provide that insight.

Air quality awareness is increasing, as cities around the world struggle to control rising pollution levels. 80% of people living in urban areas are exposed to air pollution levels considered unhealthy by the World Health Organization. Air pollution kills 7 million people, linked to 1 in 8 deaths a year, and it is therefore critical for companies to reach out to their customers with relevant, real-time, location-based data that can help them reduce their exposure to harmful pollutants. Progress is being made as air quality data is also becoming increasingly democratized, as experienced by more news headlines and user-oriented search results.

Investing in The Future of Air Quality

Goldacre, an innovative family office investment house that forms part of the Noé Group’s £2bn asset management business, co-led the investment with Entrée Capital, a leading international venture capital firm. Also participating were Idinvest Partners, a European leader in financing small and medium-sized enterprises with almost €8 billion under management; and HELLA Ventures, the venture capital arm of HELLA, one of the leading automotive suppliers for lighting technology and electronics with more than 40,000 employees in some 35 countries. Also joining the funding round were AxessVentures, and Plug ‘n’ Play Ventures from Silicon Valley.

Idinvest Partners’ and HELLA Ventures’ investments are part of BreezoMeter’s strategy to expand in the mobility market. The funding round will enable BreezoMeter to further develop its smart cities solutions, already being used by companies like Cisco, Faurecia and others, and to expand its offering by utilizing proprietary spatial interpolation algorithms to integrate low-cost sensors data. This addition of small sensor data, to the already robust 1.8 TB of data that is processed hourly, will enable a higher resolution of air quality data in urban areas, down to just 30 meters.

Idinvest Partners’ expansive network will support BreezoMeter’s expansion in the European and Asian markets, while AirShield, HELLA Ventures’ automotive solution for in-cabin air pollution monitoring, will integrate with BreezoMeter’s outdoor air quality data, and will address the health risks drivers and passengers face as a consequence of pollution.

"Companies and Cities see the need to address the complex challenge that air pollution creates for their customers and citizens, and Breezometer has built an innovative solution for them to integrate and provide accurate air quality data, everywhere, and in real time. We are delighted to support BreezoMeter's rapid expansion,” said Matthieu Bonamy, Senior Investment Director at Idinvest Partners.

"Our next generation environmental solutions will help smart cities reduce pollution levels, and protect their citizens with smart traffic management solutions, focusing on strategic areas with sensitive populations. For the automotive industry, we are introducing the most comprehensive solutions to protect drivers and passengers from air pollution, as they are often exposed to levels even higher than the surrounding outdoor air." Ran Korber, co-founder and CEO of BreezoMeter.

Emil Fisher, co-founder and CTO added, “The future of air quality is complex, and the most powerful tool we have to improve the lives of billions of people around the world is through data and education. Previous funding rounds helped us establish our presence in North America and Europe, as well as partner with some of the world's largest companies. This funding round will enable us to expand our market offering to new and exciting markets all around Asia.”

“The Goldacre team looks for exceptional and passionate founders that drive innovation through technology in the built environment. For us, BreezoMeter represents a unique opportunity to invest in the future of smart cities and the innovation that intersects between the physical and digital worlds. We’re always looking for genuine innovation that aims to solve current environmental problems and ultimately enhance the spaces in which we live and work and we believe we are only at the beginning of a wave of tech innovation to tackle environmental problems, of which air pollution and climate change are some of the most significant,” says David Bloom, Partner at Goldacre

Goldacre is an innovative family office investment house, which specialises in supporting early-stage technology-led businesses working with the built environment to scale up through strategic investment, advice and management. As part of the Noé Group, it leverages the scale of a £2bn asset management business with the nimbleness of a boutique. Goldacre’s portfolio spans the UK, Europe and Israel.

Entrée Capital, with offices in Israel, UK, and the US, was founded in 2009 to provide multi-stage funding to innovative seed, early and growth stage companies all over the world. Entrée Capital manages over $300m across a number of funds and its portfolio includes Snapchat, monday.com, and over 50 other investments

Idinvest Partners is a leading pan-European private equity firm focused on the mid-market segment with €8 billion under management, and has developed several complementary areas of expertise including growth capital investments in innovative European start-ups and secondary investments in unlisted European companies and private equity consulting. Founded under the name AGF Private Equity in 1997, Idinvest Partners was formerly part of Allianz until 2010 when it became an independent firm

BreezoMeter, the world leader in location-based, real-time air quality data, addresses air pollution in a way that can help billions of people worldwide improve their health. Combining data from governmental sensors, satellites, weather, transportation and other sources, the BreezoMeter APIs give businesses the tools to increase user engagement and sales, and positively impact lives with accurate, relevant, and intuitive data, which easily integrates into products relating to smart homes, fitness and lifestyle, cosmetics, automotive, and health technologies.

Contact information

BreezoMeter
Media
Idit Lowenstein, +972-54-943-1533
Director of Marketing
marketing@breezometer.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Arthur D. Little Appoints Michael Kruse as Head of Global Energy & Utilities Practice23.4.2019 12:42:00 EESTTiedote

Arthur D. Little (ADL) today announced the appointment of Michael Kruse as the new Global Practice Leader for its Global Energy & Utilities practice. A Partner based in ADL’s Frankfurt office, Michael has been with the company for over 11 years, focusing on the strategy and project development behind large-scale capital investment programs in the power sector, including conventional and renewable energies, as well as power grids. His most recent consulting work explored the future of nuclear generation, offshore wind and corporate transformation in the digital era. ADL’s Global Energy and Utilities practice works together with its clients as partners to apply clear thinking to their key strategic issues. It offers a unique ability to combine four factors: a deep, practical understanding of the energy industry and its most difficult challenges, the highest caliber of people, innovation to produce fresh insight, and a commitment to achieving measurable results. Ignacio García Alves, Chai

The New myPOS Go is Here to Become a Market Leader at Just 29 EUR23.4.2019 12:25:00 EESTTiedote

Europe’s fastest growing payments provider, myPOS, today announces the upcoming launch of its latest payment terminal - myPOS Go. Portable and light-weighted, myPOS Go boasts a list of innovative functionalities, emblematic for all myPOS devices – from accepting cards and mobile wallets to sending payment requests and topping up prepaid phones and branded gift cards. At just 29 EUR, merchants will get the new payment device with a free myPOS account and business debit card to it for immediate use of the acquired funds, which are settled instantly after every received payment. The payment terminal is pocket-sized, paperless and perfect for merchants on the go, who seek independence from traditional banks. "Designing payment services with the small and micro businesses in mind, we are aware that some merchants are really sensitive to the cost of payment terminals. Although we do not charge any monthly fees in addition to the device cost, we would like to cater to those merchants and offe

Samsung Sets New Photon Efficacy Level in White LED Packages for Indoor Farms23.4.2019 12:00:00 EESTTiedote

Samsung Electronics Co., Ltd., a world leader in advanced digital component solutions, today announced an industry-leading enhancement to its mid-power LED package – the LM301H – for horticulture applications, such as greenhouse and vertical farming*. At 3.10 micromoles per joule (μmol/J), the newly introduced LM301H now features the highest photon efficacy** among today’s mid-power white LED packages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190423005400/en/ Samsung Horticulture LED LM301H (Photo: Business Wire) “This breakthrough in photon efficacy will go a long way in helping indoor farm owners to maximize plant growth and quality, as well as their profits,” said Un Soo Kim, senior vice president of LED Business Team at Samsung Electronics. “We are committed to continue innovating white LED solutions optimized for healthier plant production as we solidify our leadership in the horticulture lighting industry.” As a

Vivet Therapeutics Announces 2 Abstracts Accepted for Oral Presentation at 2019 American Society of Gene and Cell Therapy Annual Meeting23.4.2019 11:38:00 EESTTiedote

Vivet Therapeutics (“Vivet”), a privately held gene therapy biotech company dedicated to developing gene therapy treatments for inherited liver disorders with high unmet medical need, today announced that new data from its lead development program, VTX-801 a novel investigational gene therapy for WD, and VTX-803, Vivet’ novel therapeutic in development for the treatment of PFIC3, have been accepted for oral presentation during the ASGCT 22nd Annual Meeting, April 29 - May 2, 2019 in Washington, D.C., USA. Dr. Gloria González-Aseguinolaza, Vivet Therapeutics CSO & Head of the Gene Therapy Dept. at FIMA will present data from a recently completed study, validating in WD mice the use of fecal excretion of IV-injected 64copper as a pharmacodynamic endpoint in the VTX-801 Phase I/II trial currently under preparation. These data are the first demonstration of copper homeostasis restoration with 64Copper in an animal model of WD through the delivery of a single, intravenous administration of

Transphorm Centers on the Simplicity and Reliability of High Voltage GaN Application Development at PCIM 201923.4.2019 11:00:00 EESTTiedote

Transphorm Inc.—the leader in the design and manufacturing of the highest reliability and first JEDEC- and AEC-Q101 qualified 650 V and 900 V gallium nitride (GaN) semiconductors—today shared a glimpse into its 2019 PCIM Europe showcase. Located in Hall 9 Booth 519, it centers on three key points to help conference attendees better understand Transphorm’s high voltage GaN value proposition: Reliability: Design with confidence when using Transphorm’s high quality, high reliability (Q+R) GaN transistors. Drivability: Pair Transphorm’s devices with off-the-shelf drivers, for easing drivability. Simplicity: Experience simpler designs due to minimal external gate drive circuitry along with standard packages, such as TO-220, TO-247, and PQFN, with well-known thermal management techniques. “At PCIM, you’ll see the culmination of Transphorm’s innovation along with its measurable impact on low volume as well as high volume customer applications,” said Philip Zuk, Vice President, Technical Marke

PV InfoLink to Host Dialogues with Industry Heavyweights on 2H19 Solar Market Outlook Prior To SNEC23.4.2019 10:00:00 EESTTiedote

A seminar titled “2H19 PV Market Outlook and Forecast” will be held in Shanghai on June 3, one day prior to SNEC, to discuss global supply chain market outlook in the second half of this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190423005391/en/ 2019 Module Prices and Demand Forecast. (Photo: Business Wire) Held by PV InfoLink, a leading solar market intelligence provider, the seminar will bring together PV manufacturers, developers, EPC, and investors to explore major issues revolving the industry and help participants gain valuable insights for navigating the expanding solar market. PV InfoLink has invited Chinese major companies, including Jinko, Longi, and GCL-Si, to discuss impact of China’s transition to a subsidy-free market. This year, China’s demand will revive later than usual due to policy uncertainty. Moreover, Japan and India, China’s two major trading partners, saw weakening demand after the end of f

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme