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US IoT firm Ubicquia secures $25m debt to scale supply, launch in Europe and Asia

US-based IoT provider Ubicquia has entered a new $25 million debt and working capital facility with Silicon Valley Bank (SVB). The facility will be used to accelerate growth, facilitate larger supply chain commitments and manage working capital requirements driven by increasing orders from OEM...

Ubicquia acquires smart city platform CityIQ from GE Current

  U.S. firm Ubicquia, which specializes in smart streetlight and smart city platforms, announced that it has acquired CityIQ. Ubicquia is buying all CityIQ's assets, including technology, related patents and contracts with major customers and cities across the U.S. and Canada. CityIQ, owned by GE Current,...

The three most innovative deployments of streetlighting-as-a-platform for smart cities

What smart-city lighting deployments are particularly innovative? That was the question Enterprise IoT Insights put to market commentators, during its research for a new editorial report (available tomorrow), which considers how smart lighting, in buildings and cities, is being used as a springboard for...

Vertical farmer harvests light and data with Current, Ocado – the story of Jones Food Co.

The vertical farming industry in its infancy, with most practitioners stuck in hobbyist production. But the fragile case for growing food in warehouses – automated and dynamic local production, using less water, less fertiliser, less energy – is alive and kicking, in the British...