What is KIWI?
KIWI is a technology company that has successfully transitioned beyond its critical start-up phase, now connecting over 100,000 residential units to its infrastructure. The company has established strong partnerships with prominent entities including Allianz, Aareon, ALBA, Berlin Fire Brigade, Deutsche Post, and Schindler, all of whom recognize the security and future-readiness of the KIWI system. Deutsche Wohnen, Europe's largest housing company, has been a key strategic investor since 2017, progressively equipping its 160,000 residential units with the KIWI system. Further solidifying its strategic alliances, Arbonia AG, a leading European door manufacturer for high-rise buildings, became a strategic investor in 2018. Arbonia AG's involvement stemmed from an extensive evaluation of locking system manufacturers, ultimately leading them to select KIWI for its digital access solutions.
How much funding has KIWI raised?
KIWI has raised a total of $4.3M across 1 funding round:
Series A
$4.3M
Series A (2015): $4.3M with participation from Paua Ventures and J.F. Muller & Sohn
Key Investors in KIWI
Paua Ventures
Paua Ventures is an early-stage venture capital firm that supports innovative founders with disruptive company ambitions. They act as company builders and trustworthy sparring partners throughout a business's lifecycle.
J.F. Muller & Sohn
J.F. Muller & Sohn is an investment holding company based in Hamburg, Germany. As a family-oriented entity, they view business relationships as part of a larger whole.
What's next for KIWI?
With a substantial total funding amount of $4.3M and a recent strategic investment of $4.3M, KIWI is well-positioned for continued expansion and innovation. The company's established infrastructure, coupled with strategic backing from major industry players like Deutsche Wohnen and Arbonia AG, indicates a strong trajectory. Future developments are likely to focus on scaling its digital access solutions across a broader range of residential and commercial properties, further enhancing its market leadership in smart building technology and digital security.
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