RegardingID Archive | Ambient gets fresh funding for expansion

Tuesday, December 23, 2008

On the heels of announcing an innovative “third generation” RFID system, Dutch firm Ambient Systems has scored a new round of financing. The cash infusion, which comes from a venture capital firm based in the Netherlands, will fund further international growth, product development, and general growth throughout the organization.

PPM Oost’s Innovation Fund will provided an unspecified amount of funds in return for a minority interest in Ambient. The Innovation Fund is designed to foster pioneering companies based in Eastern Netherlands.

Ambient also recently made changes to its executive team, naming Hans Derksen CEO and Maurice Magdelijns COO. Both executives have extensive experience in the international technology industry.

MIT researchers develop sensor to monitor freshness levels in produce

A group of graduate students at Massachusetts Institute of Technology (MIT) are working to develop a new type of sensor using RFID technology to monitor freshness levels in fruits and vegetables, according to scdigest.com.

Boku lands $35 million from Telefonica, NEA

Mobile payments start up Boku has received $35 million in funding from Telefonica Digital, the tech arm of Spanish mobile operator Telefonica, and New Enterprise Associates among other investors.

Poken gets $2 million in funding, readies move to Silicon Valley

Poken, a provider of NFC tag-based marketing solutions, has received $2 million in an investment round led by Swisscom Ventures and Credit Suisse to expand its U.S. sales operations.

Intelleflex launches Cool Chain Quick Scan

Intelleflex has developed a new program to help growers, packers, shippers and distributors monitor temperature variations in their cold chains to improve the quality and freshness of delivered produce.

NFC coupon firm Coupies to expand with new funding

Coupies, a German mobile marketing firm specializing in NFC coupons, has announced that it will expand its operations after landing a seven-figure funding round from CologneInvest, according to GigaOM.

Intelleflex improves condition monitoring for food and pharmaceuticals

Intelleflex announced an expanding portfolio of solution offerings for automating data capture and condition monitoring and track and trace accountability for food and pharmaceutical industries.

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Ambient gets fresh funding for expansion