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High Tech Series C Founded 2015

Thinxtra

Thinxtra is a provider of end-to-end IoT solutions offering connectivity, devices, and data analytics platforms across Australia, New Zealand, Hong Kong, and Macau. The company delivers three main solutions: AssetInsight for fleet and asset tracking with actionable insights into asset and goods locations and conditions; FacilityInsight for smart facilities management including air quality monitoring, water leakage…

📍 Alexandra, Australia · Internet of Things Infrastructure

Funding snapshot

Last roundSeries C
Amount$5M
Date1 June 2023
Total raised$22M
Team size22

About

Thinxtra is a provider of end-to-end IoT solutions offering connectivity, devices, and data analytics platforms across Australia, New Zealand, Hong Kong, and Macau. The company delivers three main solutions: AssetInsight for fleet and asset tracking with actionable insights into asset and goods locations and conditions; FacilityInsight for smart facilities management including air quality monitoring, water leakage detection, and smart building optimization; and UtilityInsight for smart utilities including electricity distribution network monitoring. Thinxtra provides low-cost, low-power IoT devices with reliable connectivity designed for energy efficiency, longest battery life, and lowest total cost of ownership. The company operates on Sigfox 0G network technology with coverage in more than 72 countries through partnerships with 0G Network Operators. Solutions serve IoT supply chain and transport including glass rack tracking, IBC and industrial packaging tracking, parcel cage tracking, industrial trailer tracking, fleet vehicle tracking, and shipping container tracking; IoT property and facilities management including smart building optimization, indoor air quality and CO2 monitoring for education, workplace, and hospital settings; and smart utilities for electricity distribution. Founded in 2015 and headquartered in Alexandra, Australia, Thinxtra has raised approximately 22.5 million at the Series C stage with investors including Adcock Private Equity, New Zealand Green Investment Finance, CEFC, Blue Ocean Equities, Rakon, Virescent Ventures, Clean Energy Seed Fund, and Artesian.

Business model

Internet of Things Infrastructure > IoT Connectivity > LPWA > Sigfox

Team background

Company Wise > Morgan Stanley,

College Wise > HEC Paris

Institutional investors

Adcock Private Equity New Zealand Green Investment Finance CEFC Blue Ocean Equities Rakon Virescent Ventures Clean Energy Seed Fund Artesian

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