Logistics startup Arviem raises $10 million Startupticker.ch | The Swiss Startup News channel

The Series B investment round was led by SICPA, a leading global provider of secured identification, traceability and authentication solutions and services. Sauro Nicli, Member of the Executive Committee at SICPA says, “The container shipping industry is embracing technology to improve productivity and cut costs. Arviem’s IoT technology creates transparency in supply chains, eliminates logistics blind spots by connecting intermodal shipping containers, cargo, vessels, and trailers to a cloud-based data analytics platform. Arviem’s unique pay per use pricing model sets the company apart from competitors as it enables corporate clients to roll out the service easily, without the burden of introducing new process or investing into hardware, software or staff. To continually support the needs of the industry, the new funding will be used for expanding our service portfolio leveraging the mass of data that we have collected over the years.