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The Iot Company Treon Closes Its 5.5 M€ Series A With Ventech As It Expands Into Us

PRIVATESep 06, 2023

Round Type

Series A

TampereInformation TechnologySoftwareWirelessInternet Of Things

Investors

Ventech

Description

Treon, a technology leader specialized in intelligent edge products for massive IoT, successfully closed a 5.5 million Euro Series A round led by Ventech, to further boost Treon's international growth following Ventech's initial investment in Treon's Seed funding back in 2019.

Quick answer

Treon raised an undisclosed amount in a Series A round, dated September 6, 2023. Investors: Ventech. Treon is based in Tampere, Pirkanmaa, Finland.

How much did Treon raise?
Treon raised an undisclosed amount in a Series A round on September 6, 2023.
Who invested in Treon?
Ventech is named as investors in this round.
What does Treon do?
Treon is a leading technology company designing intelligent edge products for massive IoT.
Where is Treon based and how big is it?
Treon is based in Tampere, Pirkanmaa, Finland. Fundz records about 98 employees.
Who are the decision-makers at Treon?
Fundz holds 2 contacts at Treon, including the Regional Head. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Wireless and Internet Of Things around the same time

Companies in the same sectors as Treon that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Veea raised $3M (Seed) on July 26, 2023.
  • Uplandme, Inc. raised $7M (Funding Round) on October 20, 2023.
  • Ankra raised an undisclosed amount (Pre-Seed) on October 20, 2023.
  • Element451 raised $2M (Seed) on October 20, 2023.
  • LegalMation raised $15M on October 20, 2023.

Who to call at Treon, and when

A new round usually means Treon is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Treon raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Treon, from your own LinkedIn network

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Company Information

Company

Treon

Location

Tampere, Pirkanmaa, Finland

About

Treon is a leading technology company designing intelligent edge products for massive IoT. Their expertise lies in enabling customers in industrial, smart life, and logistics to create scalable IoT solutions with sensors, gateways, platform, and engineering services. By utilizing Treon products and Treon Aito Platform, businesses can fast-track building scalable, industry leading IoT solutions.

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Fundz sees it the moment Treon raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsAibek A., Regional HeadSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Treon's next move

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Treon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.