Smart industrial glove producer ProGlove has received $40m from Summit Partners that comes after two rounds featuring corporate venturer Intel Capital.

Growth equity firm Summit Partners has invested $40m in ProGlove, a Germany-based wearable technology developer that counts semiconductor and data technology producer Intel as an investor. ProGlove provides wearable devices for use in the industrial space. Its lead product is a glove equipped with a hands-free scanner for use in manufacturing and logistics. The device…

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