IBBX
IBBX
IBBX develops proprietary technologies and solutions for Industry 4.0 and for the IoT market revolutionizing the ways we use energy and connect our devices.
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Problem x Solution
IBBX solves the two main obstacles to industrial IoT scalability and its growth in Industry 4.0: energy and connectivity. Currently, market solutions are expensive, with low energy autonomy or are limited to short distances, making it impossible to scale up.
IBBX's innovative technology eliminates these bottlenecks through its global and flexible platform that combines the use of energy harvesting with a proprietary communication protocol, delivering a technically superior and more affordable solution.
Product
IBBX has developed a global and flexible platform that combines the use of energy harvesting with a proprietary communication protocol. The energy that until then was wasted in industrial environments is collected and transformed into useful energy.
IBBX's proprietary protocol is capable of transmitting data over long distances. In the industrial environment, IBBX is able to deliver a dense, fully wireless communication network with virtually no need for repeaters, which substantially reduces the costs of the connectivity infrastructure. As its first product, IBBX has developed sensors that deliver, in real time and wirelessly, any type of data needed to monitor assets and predict associated failures, allowing the practice of predictive maintenance to be leveraged.
““Some market solutions use portable sensors that depend on being manually carried by technicians, asset by asset, making the reading process more expensive, non-scalable and uncommon. Our sensors are fixed to industrial assets, collect the data and send them by radio waves to the gateways, which transmit the data to the IBBX cloud over the internet. And all this without wires or battery replacement, as they capture the energy of electromagnetic waves spontaneously generated in the industrial environment””
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Social Development Goals
Indicator Capital is not an impact fund, but we seek impact in everything we do. In 2020, we became a Certified B Corporation, corroborating our purpose of investing for good. Therefore, we partner with founders who aspire to build a better tomorrow and we support them along the way. Keeping our startups on track with their Social Development Goals is one of the many ways we help.
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RESPONSIBLE CONSUMPTION AND PRODUCTION
IBBX’s proprietary technology brings innovation and scalability to the industrial IoT. It allows energy that would otherwise be wasted to be reused as useful energy, providing a clean energy source to power devices. In addition, by monitoring assets in real time with predictive insights, it is possible to avoid waste, optimize processes and bring more security.
Investment Profile
Indicator 2 IoT led IBBX’s Series A in June 2022.