What is Wiliot?
Wiliot is at the forefront of revolutionizing how products are manufactured, distributed, sold, utilized, and recycled. By providing unprecedented visibility into products within the wholesale channel, Wiliot aims to significantly reduce capital tied up in inventories and minimize environmental impact, all while enhancing sales through real-time product insights. The company was established by a team of experienced wireless engineers, including leadership from the millimeter-wave pioneer Wilocity, bringing a deep understanding of building complex technological ecosystems. Wiliot's operations span research and development in Israel, business development in California and Germany, with additional offices in Ukraine, Australia, and Taiwan.
How much funding has Wiliot raised?
Wiliot has raised a total of $379M across 4 funding rounds:
Series A
$14M
Series B
$90M
Series C
$200M
Other Financing Round
$75M
Series A (2017): $14M with participation from Norwest Venture Partners, Grove Ventures Ltd, and 83North
Series B (2019): $90M led by Samsung Electronics America and Touchdown Ventures
Series C (2021): $200M supported by SoftBank Group
Other Financing Round (2026): $75M featuring Avery Dennison
Key Investors in Wiliot
Avery Dennison
Avery Dennison is a global leader in pressure-sensitive materials and labeling solutions, serving a wide range of industries including retail, consumer goods, and healthcare. Their investment in Wiliot likely signals a strategic focus on enhancing supply chain visibility and inventory management through innovative product identification technologies.
SoftBank Group
SoftBank Group is a global technology investment conglomerate focused on driving innovation across various sectors, including AI, IoT, and robotics. Their participation suggests a strong belief in Wiliot's potential to disrupt the market with its unique product visibility and data management solutions.
Norwest Venture Partners
Norwest Venture Partners is a prominent multi-stage venture capital firm with a long history of investing in technology and healthcare companies. Their involvement indicates confidence in Wiliot's scalable business model and its capacity for significant market impact.
What's next for Wiliot?
With a significant enterprise-level funding context, Wiliot is strategically positioned for accelerated growth and market expansion. The substantial capital raised will likely fuel further innovation in their product visibility solutions, enhance their global operational footprint, and strengthen strategic partnerships. This backing is expected to enable Wiliot to solidify its leadership in the IoT and supply chain optimization space, driving deeper integration of their technology across various industries and contributing to more sustainable and efficient product lifecycles.
See full Wiliot company page
