IoT-D is a Belgian product development company that is based on ICT solutions and IoT devices. Initially, it was created to provide an innovative structure and team for the development of great ideas. Later, the company started developing solutions targeted at various sectors including logistics, medical, gaming, music, and much more. Now, this company has raised funding targeted towards the growth of its first spin-out – Dermatoo.
€1M funding for Dermatoo’s growth
IoT-D announced that it raised €1M funding following its first round since its debut in 2018. This investment will be used to accelerate the growth of Dermatoo, which is its first spin-out that is active in the remote medicine industry since 2018.