PointGrab, a maker of smart sensors that help businesses maintain social distancing in post-COVID offices, has completed a 拢3.4m equity raise led by specialist venture capitalist EMV Capital.听
Israeli firm 笔辞颈苍迟骋谤补产鈥檚 product is a smart workplace platform system enabling organisations to count, track the flow and locate people at individual desks, on floors or across an entire campus. It alerts users when social distancing measures are breached.听
The system also features cleaning and sanitation measures to help make offices COVID secure. The platform is already used in over 40 countries, including the UK, and by 45 Fortune 500 Companies.听
Other features include indoor navigation, 鈥榝ind my colleague鈥� and desk booking to support hybrid seating and working practices, helping colleagues return to offices safely; and a smart analytics platform that provides insights about the usage of real estate.听
With the return to the office now in sight, globally, employers are working on ways to help their teams return to work in safe environments that meet new COVID-secure working practices.听
笔辞颈苍迟骋谤补产鈥檚听solution is well tried and tested, having been deployed in over 200 locations across 5 continents. It offers an immediate and integrated solution to the problems facing commercial real estate manager and companies in a post-COVID world. This funding will build on a solid pipeline of new deployments globally.听
EMV Capital鈥檚 syndicated investment will be used to address increasing requirements from听笔辞颈苍迟骋谤补产鈥檚听new and existing clients to provide technological solutions to help people return to offices in a COVID-safe manner.听听
This funding round includes investments from existing听PointGrab听investors, EMV Capital鈥檚 parent company听NetScientific听PLC and new EMV Capital private investors.听听
Doron Shachar,听PointGrab听CEO, said: “PointGrab听will use this investment to consolidate our position as a leader in the growing smart office market segment, and continue to service Fortune 500 and other industry leader clients. Our platform enables creative and stress-free working environments by providing real-time data and flexibility to employers, compliant with new health and safety regulations.听
鈥�PointGrab听is expanding to help its customers adjust to this new business landscape, accelerating the return to business as usual, while reducing public health risk.鈥�听
EMV Capital鈥檚 CEO and听Pointgrab听Board member听Dr.听Ilian Iliev said: 鈥淎s a long-term investor, we backed听Pointgrab听management鈥檚 vision of using smart technology for a safe, productive and flexible office environment.鈥�听