Vicotee
Date | Investors | Amount | Round |
---|---|---|---|
NOK2.5m | Debt | ||
NOK3.3m | Grant | ||
NOK3.0m | Debt | ||
* | NOK17.0m | Seed | |
Total Funding | CAD3.3m |
Recent News about Vicotee
EditVicotee AS, a Norwegian company and part of the Virinco Group, specializes in providing innovative IoT (Internet of Things) sensors and data fetching solutions. The company operates in the smart city and critical infrastructure markets, offering products that enable real-time monitoring and data collection. Vicotee's core clients include municipalities aiming to become smarter cities, utility companies seeking to digitize their operations, and organizations requiring advanced environmental monitoring solutions. The business model revolves around selling IoT sensors and related services, generating revenue through product sales, long-term contracts, and partnerships. Vicotee's solutions are designed to be battery-powered, pocket-sized, and capable of direct communication with core networks without the need for gateways. This makes their products highly efficient and easy to deploy. The company has also developed specialized devices like the Thermal Eye for fever detection, which gained prominence during the COVID-19 pandemic. By leveraging cutting-edge technology, Vicotee aims to contribute to a more productive and efficient society.
Keywords: IoT sensors, smart city, critical infrastructure, real-time monitoring, data solutions, environmental monitoring, utility digitization, battery-powered, fever detection, Norwegian company.