Singapore's UnaBiz looks to raise $100m for tracking sensors

Startup targets Japan for expansion after success in other countries

20230630 Unabiz

A low-power "zero G" tracking sensor from UnaBiz and co-CEO Henri Bong. The startup acquired its French parent Sigfox after the parent filed for bankruptcy in 2022. (Photos courtesy of UnaBiz)

RYOHTAROH SATOH, Nikkei staff writer

TOKYO -- A Singapore-based startup hopes to raise $100 million in a Series C round this year to capture demand from retailers and manufacturers looking for ways to track freight during delivery, without having to rely on expensive telecommunication networks.

UnaBiz is a leading player in low-power radio transmission technology. Compared to faster, licensed 4G or 5G frequency bands, UnaBiz's transmits over unlicensed ones similar to Wi-Fi and Bluetooth.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.