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Internet of Things - Industry Applications Seed Founded 2016

NXM Labs

Blockchain-based IoT solutions provider. NXM Labs provides blockchain-based IoT solutions. It offers NXM-BOS, that enables IoT devices to operate and communicate automatically and securely with each other and the surroundings. Offers NXM Wave, that connects dealers with drivers; provide real-time vehicle monitoring and features like finding my car, in-app booking, and wifi services via an automotive router. The…

📍 San Francisco, United States · Connected Vehicles,

Funding snapshot

Last roundSeed
Amount$2M
Date18 September 2019
Total raised$8M
Team size8

About

Blockchain-based IoT solutions provider. NXM Labs provides blockchain-based IoT solutions. It offers NXM-BOS, that enables IoT devices to operate and communicate automatically and securely with each other and the surroundings. Offers NXM Wave, that connects dealers with drivers; provide real-time vehicle monitoring and features like finding my car, in-app booking, and wifi services via an automotive router. The company operates in the Internet of Things - Industry Applications > Connected Vehicles, Auto Tech > Connected Vehicles sector. Founded in 2016 and headquartered in San Francisco, United States and has raised $8.0 million in Seed funding. Key investors include National Science Foundation, Rising Tide Fund, OneEleven, Asia Pacific Ventures, The DMZ, Blockchain Coinvestors.

Business model

Cybersecurity > IoT Security > Embeddable IoT Security,

Internet of Things Infrastructure > IoT Security > Device Security,

Connected Vehicles > Safety and Security > Cybersecurity

Institutional investors

National Science Foundation Rising Tide Fund OneEleven Asia Pacific Ventures The DMZ Blockchain Coinvestors

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