Truffle Capital invested in Actility by identifying the Internet of Things (IoT is the interconnection between the Internet and objects, places and physical environments) as a "second wind", opening up new opportunities in many sectors, and by betting early on the entrepreneurial capabilities of the team that was part of the Truffle ecosystem.
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Synoptical view
- Truffle investment
- € 6M
- Exit
- Actility was sold in 2017 at a x3.1 multiple
Making things Smart
In summary
Actility is developing ThingPark, a platform for connected objects based on low speed technology. The company provides its users with new IoT means to make their business more efficient and sustainable through long-range, low-power, low-bandwidth communication technologies
