SPARX Group
Assembly Line
UnaBiz Raises US$25 Million in Series B Funding Led by SPARX Group
UnaBiz, Singapore-based massive Internet of Things (IoT) service provider, has raised over US$25 million in its Series B funding round led by SPARX Group. The round was oversubscribed, with participation from CDIB, G K Goh and Thaioil.
The fresh funds will be used to strengthen the scaleup’s foothold in strategic regions such as Japan, South-East Asia and EMEA via local offices and M&A operations, and to sustain the growth trajectory of UnaConnect, the company’s latest data platform offering that aims to bridge the glaring gap between fragmented IoT data collection technologies and enterprise systems.