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  • https://www.nanotron.com
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  • Jens Albers
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Nanotron Secures Additional Capital

Market leader in energy-efficient wireless communication solutions attracts investment for its global expansion strategy from international investor syndicate

(PresseBox) (Berlin, ) Nanotron Technologies, the leading provider of energy-efficient location-aware wireless solutions, today announced it has secured a €10 million funding round led by London based Cleantech investor zouk ventures. zouk joins the Nanotron investor syndicate, consisting of Polytechnos, Danfoss and IBB Beteiligungsgesellschaft - VC Fonds Berlin. The executive management team also participated in the funding round.

The new investment will allow Nanotron to continue its aggressive international growth. The company will use the funding to further increase market share and customer adoption of its chirp-based energy-efficient wireless solutions. Sales and marketing presence will expand in growing international markets, aiming to capitalize on its current success within the key sectors of manufacturing, logistics and healthcare. Furthermore, the new capital will support product development, continuing the company’s track record for innovation.

Felix von Schubert, Partner at zouk ventures ltd, who will join Nanotron’s board, comments: “We were impressed with Nanotron’s innovative, energy-efficient RF technologies, particularly its success with accounts in key industry segments. Nanotron’s robust communication and built-in location-awareness technology provides for reliable solutions for condition monitoring and realtime location systems, in harsh transmission environments. By reducing energy consumption whilst retaining excellent transmission clarity, the technology allows cost effective asset tracking and intelligent sensor systems.”

“We are very pleased with the new involvement from zouk, as well as the continued commitment from our existing investors,” says Dr. Jens N. Albers, Nanotron’s CEO. “This new investment in Nanotron is a validation of our business to date, as well as of our vision for energy-efficient adhoc wireless networks. This investment comes at a time when both small businesses and global enterprises have realized the crucial know-how of ad-hoc location information to optimize processes. zouk’s experience and our new resources will enable us to expand and professionally serve our growing international customer base.”

Nanotron develops Chirp Spread Spectrum (CSS) RF technology solutions. With the nanoLOC TRX IC, the recent addition to the product portfolio, Nanotron enables energy-efficient location-aware wireless enterprise solutions for companies in the manufacturing, logistics and healthcare industries. Business processes can be optimised through accurate, real-time tracking information and energy efficient robust ubiquitous sensor networks. These solutions improve enterprise asset utilization and process workflows, as well as safety and security. Nanotron is committed to open industry standards, and offers total solutions encompassing chips, RF modules, networking software, development tools and custom project support.

About zouk Ventures:
zouk Ventures is a London-based venture capital firm that manages over $200m. As part of its clean technology strategy, zouk is focusing on expansion stage capital in areas such as solar technology, energy efficiency and storage, water, emission reduction, nanotechnology and recycling. zouk has invested in renewable energy and energy efficiency technologies in Europe and Asia, and has been a leading investor in the carbon market for many years. zouk is a founding member of the Cleantech Venture Network in Europe. For further information please visit www.zouk.com.

Nanotron Technologies GmbH

Nanotron Technologies GmbH is a leader and innovator in the design, manufacturing and sales of world-class wireless products for logistics and healthcare applications. These products include integrated circuits, modules, and board level subsystems based on its patented Chirp transmission system. Chirp technology guarantees high robustness and low energy consumption. Nanotron’s Chirp technology is part of the IEEE 802.15.4a standard for wireless PANs. The company’s key product, nanoLOC, works in the license-free ISM band at 2.4 GHz, and was developed for the booming RTLS, sensor networking and industrial control markets. Nanotron Technologies GmbH was founded in 1991 and is an active member of IEEE and the ZigBee alliance. The company is headquartered in Berlin, Germany. Further information about Nanotron is available at www.nanotron.com.