Thinxtra focuses on Massive IoT and 0G low-power, wide-area network technologies and end-to-end IoT offerings. The company emphasizes applications that drive operational efficiencies, cost reduction and ESG reporting readiness. Use cases cited include monitoring cold-food bins for retailers, event-driven notifications for parcel delivery, trolley tracking for manufacturers, vape detection in schools, air-conditioning management and livestock monitoring. Thinxtra highlights improvements in device battery life and the cost advantages of 0G that lower deployment barriers. The company completed a $5 million capital raising in 2023. CEO Nicholas Lambrou expects a hybrid mix of connectivity technologies (cellular, Bluetooth Low Energy and Wi‑Fi) to be used across different use cases as the market matures. Thinxtra operates a nationwide Internet of Things network in Sidney, Australia, providing IoT network and solutions based on Sigfox technology. Its network is designed for long distances, low bandwidth and short messages, and is complementary to Bluetooth, RFID, 2G/3G/4G and WiFi. Primary use cases include meter readings, quality measurement, GPS, temperature, movement, access, vibration and power status. The company says more than 150 local businesses have partnered to leverage its network across industries such as smart water metering, smart farming and cold-chain logistics. Thinxtra is led by CEO Loic Barancourt and is positioning its network for broad industry adoption across asset monitoring and environmental sensing. The article reports a Series B financing that values the company at approximately AUS$66m.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2023