Packwise GmbH has secured seven-figure growth capital from existing and new investors to enhance its position in the Industrial IoT market and accelerate international expansion.
Target Information
Packwise GmbH, a prominent Industrial IoT company based in Dresden, has successfully raised a seven-figure growth capital. This funding has been contributed by existing investors TGFS Technologiegründerfonds Sachsen and Hüttenes³, along with the SBG — Sächsische Beteiligungsgesellschaft, which is involved through the RegioInnoGrowth (RIG) program.
Packwise offers a comprehensive solution for digital container management in the process industry by combining the IoT sensor known as 'Packwise Smart Cap' with the software platform 'Packwise Flow.' This technology enables real-time monitoring of fill levels, locations, and environmental conditions of industrial packaging, thereby providing data-driven transparency throughout the supply chain. The financing aims to accelerate international growth and the technological development of the 'Packwise Flow' platform and new sensor variants for industrial containers.
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Industry Overview in Germany
The industrial IoT sector in Germany is experiencing robust growth, driven by increasing digitization in various industries. As organizations seek to enhance efficiency and productivity, IoT solutions have become e
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TGFS Technologiegründerfonds Sachsen, Hüttenes³, SBG — Sächsische Beteiligungsgesellschaft
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in 2025
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