Wiliot, an IoT semiconductor company co-headquartered in Israel and San Diego, has successfully secured a $200M investment from Softbank. This funding will be used to advance the development of their updated sensors and their unique AI sensing-focused business model.
Since its founding in 2017, Wiliot has been focused on making a lightweight and cost-efficient Bluetooth sensor that allows for object identification, inventory management, and waste reduction. With SoftBank’s backing, the goal is to help “Wiliot dramatically scale the ever-expanding application of IoT globally”. Read more here.