IoT company Hardwario raises CZK 48m; offers energy monitoring

Published: 24.10.2022 Related countries:  U.S.A. U.S.A.

Hardwario has completed its share subscription. On Monday, October 24, 2022, the shares started trading on the START market of the Prague Stock Exchange.

The CEO of the Liberec company, Alan Fabik, said that interest in the investment was greater than expected. In total, the company has raised over CZK 48m in capital, which it is investing in global expansion, team strengthening, and inventory.

In Europe, Hardwario is launching a partnership with a mobile operator to offer production and energy monitoring solutions for industrial enterprises. It is working with Adastra and eMan, among others, on other projects.

Source: CIA News,
Prepared by the team of CzechTrade office in New York.