Klepsydra has raised 1.05 million CHF in a funding spherical led by Spicehaus Partners, with participation from Serpentine Ventures and 5 non-public buyers.

This funding will permit Klepsydra to speed up its progress and develop its product choices to fulfill the growing international demand for modern options on the sting.

Klepsydra’s software program is designed to course of knowledge on gadgets which can be straight linked to sensors, equivalent to small computer systems inside satellites, robots and IoT gadgets. With the growing demand for processing extra knowledge on the sting throughout all sectors, Klepsydra’s resolution ensures real-time response and reduces the probability of cyberattacks.

When in comparison with conventional approaches, Klepsydra’s edge computing purposes present as much as 10x sooner knowledge processing and AI capabilities, with considerably much less energy consumption and with none cloud connection, making it cost-effective and eco-friendly.

“We’re thrilled to have the support of such experienced investors who share our vision for businesses seeking a competitive advantage in today’s rapidly evolving technological landscape. This funding will enable us to build on our existing success and take our company to the next level.”
— Pablo Ghiglino, CEO of Klepsydra

“We’re excited to be partnering with Klepsydra as they continue to grow and innovate in edge computing software. Their technology is already making a real difference to businesses around the world, and we believe that with this investment, they’ll be able to accelerate their growth further whilst reaching even more customers.”
— Daniel Andres, Founding Partner at Spicehaus PartnersDaniel Andres, Founding Partner at Spicehaus Partners

Klepsydra has firmly established itself as a premier supplier of onboard software program, serving purchasers in each the European area sector, such because the European Space Agency (ESA), and the industrial IoT market. The firm’s modern method has been praised by clients for its lightning-fast efficiency and superior effectivity, offering companies with a transparent benefit of their respective fields.