Oslo-based ONiO, a fabless IoT company, raised €5M led by node.vc and co-lead by Maki.vc.
Node.vc is an early-stage VC firm in Stockholm that invests in tech startups in Nordic and Baltic regions with an €80M fund.
The funding will aid in scaling ONiO's ONiO.zero wireless microcontroller, which starts under 1µW and runs on ambient energy.
ONiO's technology can harvest energy from sources like solar, RF, thermal, and piezo without batteries, contributing to eco-friendly IoT solutions.
ONiO aims to reduce battery waste, and ONiO.zero is instrumental in achieving this goal.
ONiO, led by Kjetil Meisal, focuses on ultra-low-power microcontrollers like the power-efficient ONiO.zero for IoT applications.
ONiO.zero operates on 22µW/MHz, redefining how IoT devices are powered with its ability to run on various energy sources.
The technology enables smarter, more efficient, and sustainable IoT designs by eliminating the need for batteries or extending battery life significantly.