What is ONiO?
Based in Oslo, Norway, ONiO is at the forefront of developing batteryless microcontrollers designed to operate on ambient energy. The company's core mission is to provide sustainable, clean-energy alternatives for IoT devices, thereby eliminating the reliance on traditional batteries. This focus positions ONiO as a key player in the growing market for eco-friendly and self-sustaining IoT technology.
How much funding has ONiO raised?
ONiO has raised a total of $2.3M across 1 funding round:
Unspecified
$2.3M
Unspecified (2021): $2.3M with participation from MP Pensjon and The European Innovation Council
Key Investors in ONiO
MP Pensjon
MP Pensjon is a pension fund likely focused on long-term, stable investments, potentially aligning with ONiO's sustainable technology.
The European Innovation Council
The European Innovation Council is an organization that supports innovative European companies, likely investing in ONiO due to its clean-energy and IoT focus.
What's next for ONiO?
With this latest round of major enterprise-level funding, ONiO is poised for significant expansion and further development of its proprietary technology. The strategic investment will likely fuel advancements in their batteryless microcontroller solutions, enabling broader adoption across various IoT applications. This backing signals strong market confidence in ONiO's vision for a battery-free IoT ecosystem and its potential to disrupt the industry.
See full ONiO company page
