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EU backs $100m venture capital fund for ‘Industry 5.0’ (Industry 4.0 with-a-conscience)

Zurich-based venture capital group Momenta has launched a $100 million target fund for ‘Industry 5.0’ tech – basically, for startups pushing Industry 4.0 with-a-conscience. The new fund is backed by the European Commission, which told IoT Solutions World Congress (IOTSWC) in Barcelona, where the...

LoRaWAN community boosted by $25-$60 million venture fund

Zurich-based Momenta Partners has launched a $25 million venture fund to foster startups and innovations in the low-power wide-area (LPWA) market, and specifically the LoRaWAN sector. The fund could stretch to $60 million, the company said. Momenta Ventures makes early-stage investments in “connected industry” projects,...