The Die Mobiliar and Credit Suisse-backed logistics technology developer has secured $35.2m from DiaMedCare to roll out its upgraded supply chain-monitoring sensors.

Nexxiot, a Switzerland-based supply-chain sensor producer backed by insurer Die Mobiliar Versicherungen and financial services firm Credit Suisse, has received CHF35m ($35.2m) in funding from investment firm DiaMedCare. A spinout from Eidgenössische Technische Hochschule (ETH) Zürich, Nexxiot provides internet-of-things technology that enables logistics providers to improve the efficiency of their operations through tools such as…

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