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PalleTech logo — company profile

PalleTech

Founded 2014 6 employees Convertible Note Total: $236.00K Big Data, IoT +1

General Information

Company Name PalleTech
Founded Year 2014
Employees 6
Industries Big Data, IoT, Logistics
Funding Stage Convertible Note
Social

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About PalleTech

PalleTech is a pioneering startup that offers an integrated solution to the challenges of managing data loggers, labels, lost inventory, and product tampering separately. Using the Industrial Internet of Pallets, the company has developed a groundbreaking means to connect any pallet of any size to the internet, effectively bringing pallets into the digital age. Stemming from research at the University of Cambridge, PalleTech's innovation marks a significant advancement in materials handling, an area previously considered unchanged for over 50 years. This transformation positions the company as a game-changer, akin to the "Intel Inside" for Transportation Pallets. The startup, founded in 2014, operates within the Big Data, IoT, and Logistics sectors and has recently attracted a Convertible Note investment at 04 January 2019 from Acequia Capital (AceCap). PalleTech's pioneering approach and innovative solution underline its potential for disrupting the industry and attracting further interest from venture capital firms.

Business keywords: Industrial Internet of Things, Pallet tracking, Supply chain management, Inventory management, Product integrity, Data logging, Smart logistics, Material handling, Internet-connected pallets, Transportation technology

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note Undisclosed 1
Acequia Capital (AceCap)
04 Jan 2019
Venture Round Undisclosed 1
HCVC
HCVC
15 Nov 2017
Seed Round $200.00K 1
TURN8 Seed Accelerator
TURN8 Seed Accelerator
01 Aug 2017
Seed Round Undisclosed 1
Prime Venture Partners
Prime Venture Partners
01 May 2016
Convertible Note Undisclosed 1
Acequia Capital (AceCap)
27 Jan 2016
Pre Seed Round $36.00K 2
Alchemist Accelerator
Alchemist Accelerator, Acequia Capital (AceCap)
21 Jan 2016
Non Equity Assistance Undisclosed 1
Pitch@Palace
Pitch@Palace
02 Nov 2015

PalleTech Alternatives & Competitors

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FAQ About PalleTech

Tired of managing data loggers, labels, lost inventory and product tampering separately? PalleTech builds an all-in-one solution through an Industrial Internet of Pallets. While considered to be a key invention of the 20th century in materials handling, pallets have remained essentially unchan...
PalleTech was founded in 2014.
PalleTech operates in Big Data, IoT and Logistics. Its work centres on Industrial Internet of Things, Pallet tracking, Supply chain management and Inventory management.
PalleTech has approximately 6 employees.
PalleTech has completed 7 funding rounds, raising a total of $236.00K. The latest funding stage is Convertible Note.
Top alternatives and competitors to PalleTech include Loginno, Kobo360, Scantrust, Intugine - Logistics through Innovation, Platform Science. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PalleTech and Loginno are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PalleTech, https://bouncewatch.com/company/palletech, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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