2. November 2016–
relyar raises $23 million
Berlin-based IoT startup relayr closed a $23 million round on Wednesday. The investment came from HSB Ventures, Kleiner Perkins Caufield & Byers and Munich Venture Partners. The startup provides a device, as well as hardware and sensor-agnostic enterprise middleware platform. It’s known for its hardware kit WunderBar.
German Autolabs closes €2 million round
Berlin-based German Autolabs started focusing on a digital co-pilot software just five months ago. Today the startup announced having raised a €2 million Seed Round. The investment comes from Target Partner and several business angels. The idea behind the startup’s software is to create a better working co-pilot than Apple’s Siri or the Google alternative. The software will also delay WhatsApp messages when a driver is in a stressful situation and even read emails aloud when the driver is stuck in traffic.