United Kingdom
Thread in Motion (TIM), founded in 2016 and headquartered in the United Kingdom, is carving a niche in the IIoT sphere with its revolutionary wearable technology platform. Specializing in smart wearables, TIM offers solutions aimed at enhancing operational efficiency in sectors like automotive, manufacturing, logistics, retail, and FMCG. Its flagship products, the VEGA & VEGA-X smart gloves and CONWO software, illustrate its focus on integrating hands-free interaction, productivity tracking, and data-driven decision-making.
Globally present in over 20 countries, TIM's innovative approach and its commitment to improving safety, reducing costs, and boosting productivity are drawing industry attention. The most recent investment, a $750K Late VC funding round on 01 September 2023, underscores confidence in its growth trajectory, with backing from Vinci Venture Capital, ESOR Investments, and Teknoloji Yatirim A.S.. Investors eyeing the intersection of IoT and wearable technology should find TIM a compelling prospect.
