Nexxiot: new funding, new management, new name


Nexxiot, the provider of IOT digital solutions has secured CHF 35 million from DiaMedCare AG for the long-term production of a new generation of sensors and the installation at the customer's site as part of the service contract. As of today, Nexxiot has relaunched its brand to reinforce its strategic focus and will be led by a new CEO.


To this day, approximately 45,000 objects, including goods, wagons and tank containers, are already equipped with Nexxiot sensors. Between 4,000 and 5,000 are being added to this number every month. Building on this success, Nexxiot is launching a new generation of sensors known as Globehopper units to enable the raw data that is collected to be transferred to the Nexxiot system. The Globehopper 2.0 units also have a larger device for supplying power and are authorized for use in even more working environments. The company has today secured CHF 35 million from DiaMedCare AG, an organization that offers asset-based funding solutions for highly innovative and strongly growing companies in the health sector. By funding the Nexxiot sensor systems, DiaMedCare is expanding its new kind of “hardware-as-a-service” funding to other technology-oriented, forward-looking sectors. As part of their service contract, the partnership guarantees long-term production of the devices as well as the installation of the devices at customers as part of a service agreement. “The funding safeguards the scalability of our business model in the long-term and maintains our strategic independence. This reinforces our position as a global market leader in the field of digitized supply chains to an even greater extent,” says Helmut Kaspers, CEO of Nexxiot. “Nexxiot offers a sophisticated and market-leading technology combined with a convincing business model through its new Globehopper 2.0 sensor systems. We’re convinced that the Nexxiot sensor systems offer an outstanding value added for the whole logistics sector and we can also significantly accelerate the global growth of Nexxiot during the next few years as its strong funding partner. Nexxiot has huge innovative potential and we’re delighted to be supporting Nexxiot with our new, innovative funding solution,” says Jörg Schmidt, CFO of DiaMedCare. Nexxiot bids farewell to its founder and CEO and welcomes new head Under its new brand identity, Nexxiot (formerly: Nexiot) has expanded and completed its management team by appointing a new CEO, Helmut Kaspers who will succeed the startup’s founder and former CEO. Kaspers is a logistics expert with a wealth of experience in management. He held responsible positions at Dachser GmbH & Co, DB Schenker Logistics, Kühne + Nagel KG, Logwin AG, TAL International Inc., NY, USA and CEVA Logistics. He most recently supported the state of Qatar in setting up its QFZ – the Qatar Free Zone. Additional members have taken over positions in Nexxiot’s management team: Andy Nutz has joined Nexxiot as its new COO while Marcel Scheurer has been working for Nexxiot since April 2016 will fill the position of Chief Commercial Officer. The company has also appointed three new Vice Presidents to manage various business units. They are Timon Bock (VP Sales), Uwe Bormann (VP Marketing) and Mark Carlson (VP Business. Development US). Andrew Malakoff also took over the general management of the US business in August last year. (Press release/ran)Photo: Helmut Kaspers, CEO of Nexxiot