Amsterdam’s IoT spacetech startup Hiber restarts operations after acquisition by FC Space
Summary
Amsterdam-based IoT Spacetech startup Hiber recently announced its restart following its acquisition by FC Space, a subsidiary of Finch Capital. The announcement comes a few days after getting a moratorium amid financial difficulties for the company.. The acquisition has led to Hiber’s renewed focus on Hiber Hilo, which provides IoT remote sensor products and software for the energy industry. Erik Boertje and Simon Philipsen, Managing Directors Hiber Hilo, say, “We are very excited to be able to have One Team for One Company with a laser-sharp focus. This focus on the further development and rollouts of our Well Integrity Monitoring service allows us to accelerate growth and is very well received by our Engineers, Developers, and Global Sales team and by our Clients.”