Logistics IoT firm secures funding
Avnet, a global technology distributor, has made a financial investment im Hanhaa.
Hanhaa provides IoT solutions to the global logistics and supply chain industry. With its own wholly-owned, IoT dedicated, secure mobile network in place, Hanhaa is able to deliver real-time tracking – including location, condition and security of goods – across the globe for clients in the retail, pharmaceutical and automotive sectors, among others.
Founded in the UK, Hanhaa operates across the globe and has a client portfolio that includes Microsoft, Avnet, DS Smith, John Lewis and Howdens.
You can see a video on how John Lewis uses Hanhaa’s Symbisa, a small, all-in-one IoT sensor pack to track high value returns here.
This investment and new relationship with Event is intended to accelerate the growth trajectory for the business.
As a part of this new relationship, Hanhaa will leverage Avnet’s design services for new product design and development, and draw upon the breadth of Avnet’s fulfillment pipeline and components distribution capabilities, which are needed by Hanhaa for volume production.