What is Tether?
Tether designs and produces the EnviroQ sensor, an advanced device engineered to measure critical environmental parameters including temperature, relative humidity, carbon dioxide levels, light intensity, ambient sound, and atmospheric pressure. These sensors are designed for deployment in diverse settings such as homes, offices, and educational institutions, providing valuable data for optimizing indoor environments and promoting well-being. Founded in 2017 and headquartered in Auckland, New Zealand, Tether is positioned to capitalize on the increasing demand for smart building technologies and environmental data analytics.
How much funding has Tether raised?
Tether has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2021): $1.3M with participation from Impact Enterprise Fund
Key Investors in Tether
Impact Enterprise Fund
The Impact Enterprise Fund is a New Zealand-based impact investment fund focused on providing growth capital to businesses that generate social and environmental benefits alongside financial returns. Their investment in Tether aligns with their focus on sectors like clean energy and technology that foster positive societal and environmental outcomes.
What's next for Tether?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Tether. This capital infusion is expected to fuel further product development, enhance manufacturing capabilities, and expand the company's market penetration, particularly within corporate and institutional sectors seeking to monitor and improve indoor environmental quality. Tether's focus on data-driven insights positions it to become a key player in the smart environment and IoT landscape, with potential for significant future growth and strategic partnerships.
See full Tether company page
