Flo Live Secures $4.2M Series A Funding to Accelerate IoT Innovation
Barcelona, Spain – Flo Live, a leading provider of end-to-end IoT solutions, has successfully closed a $4.2 million Series A funding round. The investment, led by ARIE Capital and Golden Sunflower Capital, will fuel the company’s expansion in IoT connectivity, security, and cloud-based solutions.
Key Investment Highlights
- Funding Amount: $4.2 million in Series A financing
- Lead Investors: ARIE Capital and Golden Sunflower Capital
- Strategic Focus: Growth in development, sales, and IoT verticals
- Technology Advancements: Enhanced eSIM integration and cloud-based IoT ecosystem
What This Means for Flo Live
The capital injection will enable Flo Live to:
- Expand its development, sales, and after-sales teams
- Strengthen its position in key IoT vertical markets
- Enhance cloud offerings for Mobile Network Operators (MNOs) and Original Equipment Manufacturers (OEMs)
- Advance eUICC-compliant eSIM integration and subscription management solutions
Investor Confidence in Flo Live’s Vision
Simon Tobelem, CEO of ARIE Capital, expressed strong confidence in Flo Live’s potential: “Flo Live’s comprehensive approach to IoT sets them apart with unmatched connectivity depth and security standards. Their cloud-based platform and customer-first strategy position them to redefine industry expectations.”
The Flo Live Advantage
Percy Grundy, Co-founder and Co-CEO of Flo Live, highlighted the company’s unique value proposition: “Our cloud-based IoT ecosystem delivers a complete solution - from managed core networks to device management and analytics. We’re committed to accelerating our customers’ IoT revenue growth and maximizing their connected device potential.”
About Flo Live
Flo Live specializes in end-to-end IoT solutions with cloud-optimized core networks. Their offerings include:
- Comprehensive device management
- IoT applications and analytics
- Strategic partnerships with MNOs, MVNOs, OEMs, and chipset manufacturers
With offices in London, Paris, Limassol, Hyderabad, and Tel Aviv, Flo Live is currently establishing a presence in California to serve the US market.
About the Investors
ARIE Capital Ltd: A UK-based investment platform with a unique approach combining financial investment with strategic partnerships. The firm maintains offices in London, Beijing, Tel Aviv, Los Angeles, and Paris.
Golden Sunflower Capital: A Beijing-based asset management company overseeing nearly $1 billion in private equity and fixed income funds. This marks their first international partnership through the Golden Arie Capital fund.
For more information about Flo Live and their IoT solutions, visit www.flolive.net.
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