Nami closes $10.5M Series A to advance the digital sensing ecosystem

Nami closes $10.5M Series A to advance the digital sensing ecosystem

Nami, an IoT platform and ecosystem enabler, has closed its Series A funding round of $10.5 million from investors including Verizon Ventures, INSPiRE, Amavi Capital and Aconterra.

“Situation awareness of people can be a global game-changer for many use cases, including energy management, alarm detection and elderly monitoring,” says Ron Schuermans, the founding partner of Aconterra. “We’re thrilled to welcome Nami in Aconterra’s smart building tech ecosystem and to support such an amazing team.”

Nami says it will expand its team and operations with the funding. The platform uses raw sensor data and augments it to trigger automation for IoT services. The platform also has sensing topologies as intellectual property.

The co-founder and CEO of Nami, Jean-Eudes Leroy,  notes that the AI sensor ecosystem provides security, safety and wellness use cases to families while ensuring data privacy.

“Additionally, our partners’ applications and dashboards utilize data from our API to enhance automation, complement their security solution and improve health outcomes in different types of environments,” Leroy adds.

Frédéric Van Weghe, the managing partner at Amavi Capital, also expresses excitement at being part of the Nami project. He states that in light of global targets for carbon neutrality across residential and commercial buildings, this technology makes a huge jump forward for the PropTech industry.

Michelle McCarthy, the managing director at Verizon Ventures, adds, “Nami’s talented and seasoned team has laid out an impressive new vision for connected homes, transforming them into intelligent living spaces.”

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