Andium, a leader in Industrial Internet of Things (IIoT) remote field monitoring and communications technologies, has secured $21.7 million in Series B funding led by Aramco Ventures. This investment will fuel Andium’s global expansion, enhance its technology, and accelerate its efforts to reduce greenhouse gas emissions and improve operational efficiency for energy companies.
Pyka, a leader in electric aviation technology, has raised $40 million in Series B funding to accelerate the development and deployment of its autonomous electric aircraft. The funding will be used to enhance domestic manufacturing, increase production of the Pelican Spray and Pelican Cargo products, and expand operations with U.S. and international clients.
