Wiliot Explained

Wiliot
Logo Alt:Wiliot logotype
Type:Private
Founded: in Israel
Hq Location City:Caesarea
Hq Location Country:Israel
Area Served:Worldwide
Industry:Technology
Num Employees:130
Num Employees Year:2022

Wiliot is a startup company developing Internet of Things technology for supply-chains and asset management,[1] founded in 2017 and based in Caesarea, Israel, with customer operations in San Diego, US.[2] [3]

Wiliot develops battery-free printable sensor tags to monitor products like groceries, apparel and pharmaceuticals from their sources to stores and homes.[4] The company's business model is to sell the use of its cloud software.[5]

History

Wiliot was founded in 2017 by Tal Tamir, Yaron Elboim, and Alon Yehezkely, following the sales of their previous startup Wilocity to Qualcomm in 2014.[6] [7]

In 2019, Williot closed a $30 million series B round of funding from Amazon, Avery Dennison, Samsung and its previous series A investors Norwest Venture Partners, 83North Venture Capital, Grove Ventures, Qualcomm Ventures, and M Ventures.[8] Other early investors include PepsiCo, NTT Docomo Ventures, and Vintage Investment Partners.[7]

In 2021 Wiliot raised $200 million in a series C funding round led by SoftBank Vision Fund 2 and backed by all previous investors.[7]

Technology

Wiliot's tags, called IoT Pixels, are a postage stamp-sized printed computer that powers itself by harvesting the energy from surrounding Wi-Fi, cellular and Bluetooth radio signals.[7] The IoT Pixel tags have sensors for temperature, fill level, motion, location changes, humidity, and proximity.[9] The tags cost less than 10 cents a piece.[10]

The IoT Pixel includes an ARM Cortex-M0+ processor core, Bluetooth Low Energy connectivity, 1 kB of non-volatile memory, and antennas for Bluetooth and energy harvesting.[11] Dual-band models include connectivity in the ISM bands.[11]

In June 2022, Wiliot launched a business card-sized battery-assisted version of the IoT Pixel providing continuous connectivity.[12]

Data from the sensors is fed into a Wiliot Cloud server, where algorithms help its customers make decisions through a software as a service subscription.[7]

As of 2022, Wiliot is the assignee of 66 patents that relate to harvesting energy from very weak sources, running a computer element on tiny amounts of energy, producing a computer element in a thin, flexible form factor and the cloud services that enable sensing from such a system.[13]

Applications

Wiliot's tags are designed for use in the many crates that agriculture shippers use to get their products to markets.[4] The tags can provide information about the safety of the journey and the condition of perishable goods, to better manage inventory and reduce waste.[9] [7] Its first large public customer was Israeli supermarket chain Shufersal in June, 2022.[4] [14]

The has experimented with reducing food loss throughout the food supply chain from producers to stores and in consumers’ homes by visualizing product information using Wiliot's tags.[15]

The company hopes to extend more broadly to sectors like pharmaceuticals and apparel[4] Their tags can sense when a consumable is nearing end of life, or when a non-perishable consumable is almost used up, or how many washings a garment has been given.[9]

Recognition

The industry recognition received by Wiliot include:

See also

External links

Notes and References

  1. Web site: Identiv Announces Innovative Collaboration with Wiliot on First to Market Battery Assisted Pixel Cold-Chain Solution . 2022-07-16 . 2022-05-18 . Identiv .
  2. Web site: Why the Future of the Computer Is Everywhere, All the Time . . . 2022-10-29 . 2022-11-10 .
  3. Wiliot Featured on i24 News . 2022-07-25 . . 2022-05-23 .
  4. Web site: Israeli Tech Firm Rolls Out Tracking Devices the Size of Postage Stamps . Wall Street Journal. 2022-06-08. 2022-06-28. Liz Young.
  5. Web site: . Wiliot Series C Totals $200M . 2022-07-01 . 2021-08-15 . Brad Graves.
  6. Web site: Why Verizon Ventures invested in Wiliot . Verizon. 2022-06-28. 2020.
  7. Web site: Internet of Things sensor startup Wiliot pulls in $200 million from SoftBank Vision Fund . 2022-06-28. 2021-07-27. Mike Freeman. San Diego Union Tribune.
  8. Web site: Wiliot nabs $30M from Amazon, Avery Dennison, Samsung for a chip that runs on power from ambient radio frequencies . Ingrid Lunden. 2019-01-14 . 2022-06-28 . TechCrunch.
  9. Web site: Softbank Leads $200M Investment Into Printable Battery-Free IoT Startup Wiliot. Forbes. 2022-06-28. John Koetsier. 2021-07-27.
  10. Web site: Like Apple's AirTag -- but battery free and the size of a stamp: Israeli innovation lands $200M . Idan Ben Tovim . Geektime . 2022-07-01 . 2021-08-02.
  11. Web site: Wiliot Launches Its IoT Pixels Starter Kit, Aims to Kickstart the "Internet of Everyday Things" . 2022-06-28. 2022. Gareth Halfacree . Hackster.io.
  12. Web site: Wiliot launches breakthrough battery-assisted IoT Pixel tags. 2022-06-29. 2022-06-02 . IoT Business News.
  13. Web site: Patentguru: Wiliot Ltd. Patentguru. 2022-07-04.
  14. Wiliot Featured on Israel's Prime Time TV . 2022-07-25 . Channel 12 News . . . 2022-06-06 .
  15. Web site: IoTタグで「冷蔵庫の中身」を可視化、食品ロス削減目指す実証実験開始 . Visualize the"Contents of a Refrigerator" using IoT Tags, Demonstration Experiment to Reduce Food Loss Has Started . Japanese . . 2022-07-01 . 2022-01-12.
  16. Web site: Wiliot . 2022-06-28. CableLabs.
  17. Web site: Meet the Winners of FDA's Low- or No-Cost Food Traceability Challenge . 2022-06-28. 2021-09-13. FDA.
  18. Web site: 2022 BEST PRACTICES RECOGNITION - Wiliot. 2022-06-28. Frost & Sullivan.
  19. Web site: Announcing the 2022 SXSW Innovation Awards Finalists . 20 January 2022 . 2022-06-28. SXSW.