- Early StageStartup in initial stages
Loctio careers
Loctio furnishes Location as a Service for billions of IoT devices that lack the power reserves or the processing capabilities to be reckoning themselves, more or less frequently, their own position. By migrating the calculation intensive positioning functions outside the resource-limited devices towards the Cloud or preferably the Edge not only the IoT sensor power is being conserved but additional merits are experienced as well. Resilience to signal spoofing, position certification, advanced location estimation or collaborative positioning are namely some of the unlocked micro-services that are built on-top by taking advantage of the much greater in size horsepower that resides in Cloud or Edge. In turn, battery lifecycle extension translates to reducing maintenance associated costs while more accurate and secure position estimation factored into a really low-cost solution enables myriads of end-user applications. AR & VR, precise farming, UAV anti-spoofing or SLAM use cases are some among many others that nowadays compromise accuracy in exchange for a lower cost. By adopting the edge network supported location estimation chip makers can transform their business model, IoT cloud providers can enrich their services arsenal whilst solution providers can benefit from the really low-cost positioning for IoT devices.
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Christos Makiyama
I am founder and president of Silicon Planet. I am helping technology companies to innovate and build sustainable business.
Lazaros Kapsias
Founder @Loctio, @Antcor S. A.
Valuation
$2.8M
Funded over
1 round
Latest round
Pre-Seed (Mar 2020)
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