Sensor Networks raises $1.2 million equity in South Africa

South Africa’s Sensor Networks has raised $1.2 million from Sanari Capital for the expansion of its services. Sensor Networks is an Internet of Things (IoT) company that can execute predictive analysis in households on behalf of the household insurance companies. This improves the risk assessment of household insurance in South Africa. 4Di Capital and EdgeGrowth also participated in this funding.

 

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