BinaryTech, founded in 2019 and headquartered in Australia, has recently secured a notable $1.80M in Seed Round investment on 04 February 2022. The investment was led by Artesian, Beachhead Venture Capital, Craig Davis, Peter McKie, and Nick McNaughton.
With the slogan "We build scalable technology that powers Massive IoT," BinaryTech specializes in developing a Massive IoT technology stack that facilitates the connection between industries and their mobile assets in the field. Their expertise lies in four key pillars: a Cloud-Based AI Geolocation Engine, Nb-IoT and Cat-M1 Connectivity, Ultra-Low Power Technology, and the utilization of Proprietary Datasets.
BinaryTech leverages Massive IoT technology to access hard-to-reach data streams, thus driving digital transformation within strategic industries. They serve as a technology provider for BinaryBeer.io, which revolutionizes the beverage industry with smart kegs; BinaryLoop.io, tracing waste and disposable resources to improve the circular economy; and BinaryMed.io, shaping the future of real-time pathology sample monitoring and management.