May 24, 2019   SOURCE: PR NewsWire

Momenta Ventures Announces the Finalists in the LoRaWAN Startup Challenge

ZURICH, SAN FRANCISCO and NEW YORK, May 24, 2019 /PRNewswire-PRWeb/ -- The Momenta Ventures team received 37 entries, from 19 different countries across six continents. We were deeply impressed with all applicants; it was a tough job to narrow it down and we're confident many of those we did not choose will still become successful businesses.

The finalists will pitch live at the LoRa Alliance Annual Members Meeting in Berlin on June 13 for a chance to win the $10,000 cash prize. Finalists also receive a one-year Adopter membership to the LoRa Alliance, will receive complimentary booth space at the event, and will be publicly announced by both Momenta and the LoRa Alliance in addition to many other perks.

Even with the tough competition, these five finalists represent the best combination of team, product, market, and presentation.They are: 

    --  ChirpyWAN (USA) - Ready-to-use deployment application to build, test,
        and validate LoRaWAN networks.
    --  Skysens (Turkey) - End-to-end LoRaWAN digital transformation solution.
    --  Polygravity (Germany) - Distributed ledger-based billing solution for
        LoRaWAN roaming.
    --  ConnectedFresh (USA) - Real-time temperature monitoring and cold-chain
        tracking.
    --  Sensedge (Slovenia) - Developer of IoT sensors at large scale. Their
        first product, the Senstick, is a quality, cost-effective IoT sensor
        using LoRaWAN connectivity to send readings of air temperature, relative
        humidity and air pressure.

"The breadth of innovative solutions and professional teams we got to meet in this process was amazing," says Lee Carter, Principal at Momenta Ventures. "We thank all the applicants for their hard work and their passion for what they're doing."

About Momenta Ventures: Momenta Ventures is the investment arm of Momenta Partners, Connected Industry Growth Partners, with industry-leading Strategic Advisory, Executive Search, and Investment practices, accelerating the growth of Connected Industry companies globally since 2012. For more information, visit? http://www.momenta.partners, join the @MomentaPartners conversation or contact info(at)momenta(dot)partners.

SOURCE Momenta Ventures