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VC firms back Australian IIoT start-up

Another University of Queensland-spawned technology start-up has set its sights on international growth – including in the mining market – after receiving A$4.8 million of funding from Blackbird Ventures, Telstra Ventures and Skip Capital.

VC firms back Australian IIoT start-up VC firms back Australian IIoT start-up VC firms back Australian IIoT start-up VC firms back Australian IIoT start-up VC firms back Australian IIoT start-up

MOVUS machine sensor

Telstra Mining Services is one group said to be keen on Brisbane-based industrial Internet of Things (IIoT) company MOVUS's FitMachine sensor technology and software-as-a-service (SaaS) business