SafeLoc Systems, a developer and manufacturer of real-time location systems (RTLS) based on ultra-wideband (UWB) technology, has secured $1.6M in seed funding. The capital will support its efforts to deliver value in the digitization of Industry 4.0, specifically targeting the manufacturing and logistics sectors.
The seed round saw investment from Kutxa and BeAble Capital. SafeLoc's RTLS solutions aim to enhance safety, productivity, reliability, quality, and cost-efficiency in customer processes through an easy-to-integrate platform. The company emphasizes its full control over the technology, from proprietary hardware to project design tools and monitoring software.
















