Amsterdam-based satellite and communications startup, Hiber, has raised €26M in EU funding and private investment to expand the world’s first global IoT (Internet of Things) satellite network.
Investors in this round
The investment has been awarded to Hiber by the European Innovation Council Fund (EIC Fund), the EU’s innovation agency, from their €278M Innovation Fund. The EIC co-invested with an innovation credit provided by the Dutch government and existing shareholders.