CoreTigo Overview
CoreTigo enables faster and more flexible manufacturing by providing high-performance machine digitalization, wireless connectivity and edge solutions for machine builders, system integrators and industrial equipment manufacturers.' CoreTigo’s products enable the design and retrofit of machines and production lines that were not possible before. These solutions increase flexibility, adaptivity and modularity, resulting in cost effectiveness, increased productivity and downtime reduction. Embraced by industrial leaders, CoreTigo’s solutions are based on the IO-Link Wireless global standard, which is fit for harsh factory nvironments and motion control applications, providing the most reliable wireless connectivity for millions of sensors, actuators and industrial devices worldwide.
Cumulative Funding Raised Over Time ($)
$2.0MAug 2017
$2.0MFeb 2023
$2.0MFeb 2025
$14.0MJan 2019
$27.0MJun 2021
$32.0MJun 2023
$45.0MSep 2022
Latest News
growth-positive
CoreTigo Receives Investment from Amazon Industrial Innovation Fund to Accelerate Industrial Connectivity
CoreTigo, an industrial wireless automation solution provider, has announced that Amazon has joined their Series B1 round of fundraising, bringing the total round to $18M. The investment from Amazon aligns with CoreTigos vision of seamless reliable connectivity for industrial machinery. CoreTigos wireless technology enables connection across various industrial systems, offering benefits such as adaptive machine designs, reduced energy consumption, and increased flexibility. The investment from Amazon will help advance CoreTigos mission to create game-changing solutions for the industrial space. CoreTigo shares Amazons vision of a future of manufacturing and logistics systems that are highly flexible and responsive to market demands.
Investment
growth-positive
Intesa Sanpaolo S p A : Neva invests in CoreTigo for the industry 4.0 wireless revolution
Neva SGR, a venture capital company owned by Intesa Sanpaolo Innovation Center, has invested in CoreTigo, a world leader in deterministic industrial wireless communications for factory automation. The investment aims to connect the Italian manufacturing industry with CoreTigos technology and accelerate its acceptance in the market. CoreTigos solutions reduce the complexity of industrial automation systems, increase operational efficiency, and enable wireless connectivity throughout the factory. Neva SGR has invested over €23 million in six Israeli companies, including CoreTigo, as part of its investment strategy. The investment is seen as a validation of the innovative spirit of the Italian industrial automation market.
Investment
growth-positive
CoreTigo Closes Financing Round
CoreTigo, an industrial wireless automation solutions provider, has closed a financing round led by Emerson Ventures. The round included participation from existing investors such as Cardumen Capital, Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC, Sierra Ventures, Verizon Ventures, and Meitav Dash Investments. CoreTigo offers IO-Link Wireless solutions for factory digitization and automation, allowing machine builders and manufacturers to connect devices, collect data, and enhance control flexibility. The companys solutions cater to various industries, enabling cost-effective expansion of flexibility and capacity in machines and production lines.
Investment
N/A
CoreTigo Launches its North America Operations
The article discusses the use of a security service by www.automationworld.com to protect against online attacks.
growth-positive
CoreTigo and Zimmer Group to Demonstrate Advanced Robotic Solutions Live Across Europe - May-June 2022.
CoreTigo and Zimmer Group are demonstrating their joint solution for IO-Link Wireless-based robotic end-of-arm grippers. The solution integrates CoreTigos TigoHub i4 multiport hub with Zimmers grippers, providing flexible and real-time connectivity between multiple IO-Link and digital grippers/sensors. This allows Zimmer to offer enhanced manufacturing abilities to its customers. The joint solution enables wireless communication in factory automation, eliminating the need for costly and maintenance-intensive cabling. The demonstration will be presented at various events in May and June 2022. The article highlights the advantages and value of the joint solution for robots, cobots, and other factory automation applications. Zimmer Group was previously awarded the German Innovation Award for its innovative gripper solution. CoreTigo and Zimmer Group are part of the IO-Link Wireless ecosystem collaboration.
PartnersCustomers
| Sector | Industrial Technologies |
Funding
| Total funding | $45.06M |
| Last funding | Undisclosed |
| Stage | B |
| Rounds | 8 |
| Investors | 12 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | www.coretigo.com |
| Careers | Careers page |
Locations
Giborei Israel 5, Netanya, Israel
Katernberger Strae 107, Essen, Germany
400 Ann St NW suite 208, Grand Rapids, MI 49504, USA
Via San Giuseppe, 46, 43039 Salsomaggiore Terme PR, Italy
Photos & Videos
11 item(s)
CoreTigo Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Climate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy UsageIndustrial TechnologiesProcess Automation & Intelligence SystemsTarget Customer
Industrial ManufacturingIndustrial EquipmentMachineryDiscrete IndustriesPackaging & ContainersHybrid IndustriesFood & BeveragesManufacturing FacilitiesCore Technology
Platforms & InterfacesWebCommunicationsWirelessIOTTags (15)
climate-techroboticsmanufacturingtelecommunicationiotautomationsensorsconnectivitywireless-communicationindustry-4.0enterprisesenterprise-solutionselectronic-manufacturingmanufacturing-facilitiesflexible-packagingSolutions
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{"title":"Food & Beverage","description":"CoreTigo provides IO-Link Wireless solutions for industrial automation in Food & Beverage, enabling real-time control, data collection, flexible production lines, predictive maintenance, and reduced downtime by eliminating cables and enhancing overall equipment effectiveness and food safety.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":1,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Automotive","description":"CoreTigo offers an IO-Link Wireless solution for the automotive industry, replacing traditional wired connections on production lines to enable unprecedented flexibility, efficiency, and reliability, facilitating agile manufacturing and reducing operational costs.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Industrial Automation, Machinery & Components","description":"CoreTigo offers IO-Link Wireless technology to replace traditional cables in industrial automation, enabling flexible, modular, and reconfigurable production lines for smart manufacturing and Industry 4.0 applications.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Industrial Automation & Manufacturing","description":"CoreTigo provides IO-Link Wireless technology for industrial automation, replacing traditional wired connections to enable flexible, reconfigurable, and data-rich manufacturing environments, significantly improving machine uptime, deployment speed, and overall operational efficiency.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
Use Cases
Consumer Packaged Goods VerticalFood & Beverage VerticalAutomotive VerticalMachinery & Components VerticalEco Efficient ManufacturingGeographic Markets
EuropeGermanyNorth AmericaCoreTigo Financials
$45.06M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
B
Funding stage
8
Total rounds
12
Investors
Cumulative Funding Raised Over Time ($)
$2.0MAug 2017
$2.0MFeb 2023
$2.0MFeb 2025
$14.0MJan 2019
$27.0MJun 2021
$32.0MJun 2023
$45.0MSep 2022
Private Equity Funding
B Round
Feb 2025
Undisclosed
Sierra Ventures
B Round
Jun 2023
$5M
Amazon Industrial Innovation Fund
B Round
Feb 2023
Undisclosed
Neva SGR
B Round
Sep 2022
$13M
Emerson Venture Capital (Lead)
,
Sierra Ventures, Qualcomm Ventures, Meitav Dash, Meron Capital, Verizon Ventures, Magma Venture Partners, Cardumen Capital
B Round
Jun 2021
$13M
Cardumen Capital (Lead)
,
Lenovo Capital, Magma Venture Partners, Sierra Ventures, Qualcomm Ventures, Meron Capital, Verizon Ventures Israel
A Round
Jan 2019
$12M
Sierra Ventures (Lead)
,
Qualcomm Ventures, Meron Capital, Magma Venture Partners, Cardumen Capital
Seed
Aug 2017
$2M
Magma Venture Partners
Non-Equity Funding
GrantEvent
Jan 2019
$57K
CoreTigo Lifecycle
Cumulative Funding Raised Over Time
$2.0MAug 2017
$2.0MFeb 2023
$2.0MFeb 2025
$14.0MJan 2019
$27.0MJun 2021
$32.0MJun 2023
$45.0MSep 2022
All Events
B Round
Feb 2025
Undisclosed
Sierra Ventures
B Round
Jun 2023
$5M
Amazon Industrial Innovation Fund
B Round
Feb 2023
Undisclosed
Neva SGR
B Round
Sep 2022
$13M
Emerson Venture Capital (Lead)
,
Sierra Ventures, Qualcomm Ventures, Meitav Dash, Meron Capital, Verizon Ventures, Magma Venture Partners, Cardumen Capital
B Round
Jun 2021
$13M
Cardumen Capital (Lead)
,
Lenovo Capital, Magma Venture Partners, Sierra Ventures, Qualcomm Ventures, Meron Capital, Verizon Ventures Israel
A Round
Jan 2019
$12M
Sierra Ventures (Lead)
,
Qualcomm Ventures, Meron Capital, Magma Venture Partners, Cardumen Capital
Seed
Aug 2017
$2M
Magma Venture Partners
GrantEvent
Jan 2019
$57K
CoreTigo News
29 articles
growth-positive
CoreTigo Receives Investment from Amazon Industrial Innovation Fund to Accelerate Industrial Connectivity
CoreTigo, an industrial wireless automation solution provider, has announced that Amazon has joined their Series B1 round of fundraising, bringing the total round to $18M. The investment from Amazon aligns with CoreTigos vision of seamless reliable connectivity for industrial machinery. CoreTigos wireless technology enables connection across various industrial systems, offering benefits such as adaptive machine designs, reduced energy consumption, and increased flexibility. The investment from Amazon will help advance CoreTigos mission to create game-changing solutions for the industrial space. CoreTigo shares Amazons vision of a future of manufacturing and logistics systems that are highly flexible and responsive to market demands.
Investment
growth-positive
Intesa Sanpaolo S p A : Neva invests in CoreTigo for the industry 4.0 wireless revolution
Neva SGR, a venture capital company owned by Intesa Sanpaolo Innovation Center, has invested in CoreTigo, a world leader in deterministic industrial wireless communications for factory automation. The investment aims to connect the Italian manufacturing industry with CoreTigos technology and accelerate its acceptance in the market. CoreTigos solutions reduce the complexity of industrial automation systems, increase operational efficiency, and enable wireless connectivity throughout the factory. Neva SGR has invested over €23 million in six Israeli companies, including CoreTigo, as part of its investment strategy. The investment is seen as a validation of the innovative spirit of the Italian industrial automation market.
Investment
growth-positive
CoreTigo Closes Financing Round
CoreTigo, an industrial wireless automation solutions provider, has closed a financing round led by Emerson Ventures. The round included participation from existing investors such as Cardumen Capital, Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC, Sierra Ventures, Verizon Ventures, and Meitav Dash Investments. CoreTigo offers IO-Link Wireless solutions for factory digitization and automation, allowing machine builders and manufacturers to connect devices, collect data, and enhance control flexibility. The companys solutions cater to various industries, enabling cost-effective expansion of flexibility and capacity in machines and production lines.
Investment
N/A
CoreTigo Launches its North America Operations
The article discusses the use of a security service by www.automationworld.com to protect against online attacks.
growth-positive
CoreTigo and Zimmer Group to Demonstrate Advanced Robotic Solutions Live Across Europe - May-June 2022.
CoreTigo and Zimmer Group are demonstrating their joint solution for IO-Link Wireless-based robotic end-of-arm grippers. The solution integrates CoreTigos TigoHub i4 multiport hub with Zimmers grippers, providing flexible and real-time connectivity between multiple IO-Link and digital grippers/sensors. This allows Zimmer to offer enhanced manufacturing abilities to its customers. The joint solution enables wireless communication in factory automation, eliminating the need for costly and maintenance-intensive cabling. The demonstration will be presented at various events in May and June 2022. The article highlights the advantages and value of the joint solution for robots, cobots, and other factory automation applications. Zimmer Group was previously awarded the German Innovation Award for its innovative gripper solution. CoreTigo and Zimmer Group are part of the IO-Link Wireless ecosystem collaboration.
PartnersCustomers
growth-positive
Hilscher and CoreTigo to Demonstrate IO-Link Wireless Factory Automation Applications at the SPS 2021 Exhibition
Hilscher and CoreTigo have partnered to develop the IO-Link Wireless Master, a solution for end-to-end wireless factory automation connectivity. The product, which will be demonstrated at SPS 2021, enables real-time control and monitoring with low latency and high reliability. It can support up to 16 IO-Link Wireless devices simultaneously and offers various configuration options. The IO-Link Wireless Master is designed to work with a variety of Industrial Ethernet protocols and complies with the IO-Link Wireless specifications based on the IEC 61131-9 international standard.
Partners
growth-positive
CoreTigo Raises $13M Series B Round led by Cardumen Capital and Verizon Ventures
CoreTigo, an industrial wireless connectivity solutions provider, has announced the close of its $13 million Series B financing round, bringing total financing raised to date to $27 million. Verizon Ventures joined CoreTigos portfolio of investors. CoreTigos IO-Link Wireless technology is revolutionizing factory automation by providing cable-grade wireless connectivity for real-time control and monitoring. The technology enables adaptive machine design, modular production line planning, and full access to data. The funding will be used to invest in customer satisfaction and expand sales and business development activities globally. CoreTigos solutions aim to reduce downtime, enable predictive maintenance, and increase throughput in manufacturing plants. The company is recognized as a leader in the automation sector and is experiencing increased demand for its wireless mission-critical solutions.
Investment
growth-positive
Wireless Network for Manufacturing Is Reliable, Deterministic
Israeli company CoreTigo is entering the industrial wireless field with its IO-Link Wireless technology, which offers reliable and deterministic wireless communication for factory automation applications. The technology is suitable for motion control and monitoring, allowing devices to communicate and be controlled wirelessly. CoreTigos products are being used by packaging machinery OEM Protion in its Orboter transport track system. The wireless communication system enables automatic changeovers and predictive maintenance. IO-Link Wireless is vendor agnostic, making it easier to integrate with various sensors and actuators. The article highlights the benefits and applications of CoreTigos wireless technology in the industrial automation sector.
PartnersCustomers
growth-positive
VAHLE and CoreTigo Enter into Strategic Partnership to Enable Faster and More Flexible Automation Solutions
Paul Vahle GmbH & Co. KG has entered into a strategic partnership with CoreTigo, a leading provider of IO-Link Wireless industrial communication technology. The partnership aims to accommodate the rising needs of manufacturers in various industries. By combining VAHLEs inductive power transmission systems with CoreTigos IO-Link Wireless system, the companies can offer a comprehensive range of products for System Integrators, Machine Builders, and production lines using Transport Track systems. The joint solution enables real-time control and monitoring directly on the movers, increasing the independence and scalability of Transport Track systems. The partnership enhances VAHLEs service offering and expands its portfolio of system solutions. The companies are already implementing the joint solution with Machine Builders and global manufacturers.
Partners
IIOT: The Wireless Convergence of IT & OT in the Industry 4.0 Era Internet of Business
growth-positive
IO-Link Wireless: So gelingt der Schritt in eine kabellose Industriewelt
CoreTigo, a company specializing in IO-Link Wireless solutions, offers Starter-Sets for easy setup of wireless IO-Link environments. The solution provides high transmission reliability, low latency, and deterministic system behavior. It allows for a gradual transition to a wireless industrial world by integrating existing IO-Link devices and conventional sensors and actuators. The Starter-Sets cater to machine builders, industrial equipment manufacturers, system integrators, and Industry 4.0 users. The sets include components like TigoMaster, TigoBridge, IO-Link Digital/Analog Hub, and TigoEngine software. CoreTigos solutions have been integrated into various products, production machines, and robotics solutions. They are suitable for retrofitting or equipping new IO-Link Wireless sensors and actuators in machines or factories.
PartnersCustomers
growth-positive
PROTION GmbH setzt für smarte lineare Transportsystem-Lösungen auf die CoreTigo IO-Link wireless Technologie
PROTION and CoreTigo have successfully collaborated in the development of innovative solutions for linear transport systems. PROTIONs new Orboter solution integrates CoreTigos IO-Link wireless technology, aiming to increase machine flexibility and capacity while reducing mechanical complexity. The combination of Orboter and CoreTigo technology is relevant for various industries such as food, beverage, automotive, and packaging. The solution allows for real-time control of adaptive production and productivity improvement. The article highlights the importance of innovative machine concepts in Industry 4.0 solutions and the role of CoreTigos wireless communication solution in revolutionizing linear transport systems.
Partners
growth-positive
CoreTigo Announces the Appointment of Mr. Ralf-Michael Franke as Board Member
CoreTigo has announced the appointment of Mr. Ralf-Michael Franke as a board member. Franke, the former CEO of Siemens Industrial Automation and Factory Automation Business Units, brings decades of leadership and expertise in the industrial space. His addition to the board strengthens CoreTigos commitment to developing innovative solutions for industrial customers. CoreTigo is a provider of industrial wireless mission critical connectivity solutions.
Management Changes
growth-positive
Start-ups im Spotlight: Sensorlösungen für die Fertigungsindustrie
StartUs Insights has partnered with Data-Science company StartUs Insights to launch a new series called Start-ups im Spotlight, which will showcase five exciting start-ups in the field of industrial automation. The first edition focuses on sensor technology. The article highlights five sensor start-ups that are making advancements in the industrial automation sector. The start-ups mentioned are Core Tigo, Alteria Automation, Arch Systems, VibroBox, and Nordbo Robotics. These start-ups are developing innovative solutions in areas such as wireless connectivity, intelligent sensor networks, multisensor technology, vibration analysis, and force and torque sensors for industrial robots. The article emphasizes the importance of these start-ups in driving the success of intelligent factories and the industrial Internet of Things (IIoT).
PartnersCustomers
growth-positive
New Products - July 2020 - PROFINEWS
CoreTigo, a provider of industrial wireless mission critical connectivity solutions, announces the commercial availability of its latest version of the TigoBridge. The TigoBridge is an IO-Link Wireless component that enables the communication of industrial sensors, actuators, and devices without the need for a wired cable connection to a Master or gateway.
PartnersCustomers
growth-positive
CoreTigo Brings IO-Link Wireless to Factory Automation Robotic and Machine Tooling Solutions
CoreTigo is a company revolutionizing wireless mission critical communication for the Industrial market. Their solutions reduce complexity in industrial automation systems, enable access to valuable data, drive adaptive manufacturing solutions, and increase operational efficiency. The article does not mention any specific events or partners. The key topics discussed include wireless communication, the industrial market, mission critical communication, industrial automation systems, and operational efficiency.
PartnersExpand
growth-positive
IO-Link Wireless: Automation für raue Industrieumgebungen
CoreTigo, a provider of industrial wireless communication solutions, is driving innovative wireless applications for factory automation. The company has established a partner network with various industrial providers to develop wireless sensors and actuators based on the IO-Link Wireless standard. CoreTigos wireless technology ensures high transmission reliability, low latency, and a deterministic system behavior, making it suitable for applications in factory automation. CoreTigo has collaborated with Zimmer Group and Schmalz GmbH to develop IO-Link Wireless solutions for collaborative robots and vacuum pumps. The companys solutions enable real-time data capture, improve product quality, and optimize processes and machines in harsh industrial environments.
Partners
N/A
Top 5 Global Startup Hubs: Industrial Internet Of Things (IIoT)
The article discusses the top global industrial internet of things (IIoT) startup hubs, which include Silicon Valley, London, Tel Aviv, Singapore, and Bangalore. These cities are home to a significant number of startups working on IIoT solutions for factories and manufacturing facilities. The article highlights specific startups in each hub, such as Corlina in Silicon Valley, Dashboard in London, Core Tigo in Tel Aviv, SixSense in Singapore, and LivNSense in Bangalore. The article emphasizes the increasing adoption of IIoT in different regions, including Europe, the USA, Asia, South America, and Africa. It also mentions the benefits of IIoT, such as improved efficiency, predictive maintenance, and lights-off manufacturing. The article concludes by stating that as demand for goods and services rises, industrial automation and smart factories will play a crucial role in ensuring supply while keeping costs low.
PartnersCustomers
growth-positive
A virtual trip to Israel
ifm, a German sensor specialist company, held a virtual trip to Israel in collaboration with ChromaImpulswerk and the German-Israeli Chamber of Industry & Commerce. The trip aimed to explore new technology trends and start-ups. Due to the coronavirus, the planned follow-up event had to be cancelled, so virtual meetings were scheduled instead. The discussions focused on ifm subsidiaries and general topics of interest, such as battery technology and radar sensors. The virtual trip proved to be a cost-effective and efficient way to establish partnerships and explore potential projects. Participants expressed satisfaction with the organization and outcomes of the virtual meetings. The German-Israeli Chamber of Industry & Commerce plans to continue supporting ifm in setting up joint projects. Overall, the virtual trip was a success and may lead to further virtual trips to other regions.
Partners
growth-positive
Winners
Zimmer Group introduces Wireless IO-Link technology for communication in industrial automation. The technology eliminates the limitations of physical cable connections and allows data exchange using an encrypted and latency-free radio link. It enables communication with up to 40 devices and guarantees high transmission reliability. The article focuses on the benefits and advantages of Zimmer Groups Wireless IO-Link technology.
PartnersCustomers
growth-positive
CoreTigo Introduces the TigoBridge to Simplify and Streamline Retrofit and IIOT Deployments
CoreTigo announces the commercial availability of its latest version of the TigoBridge, an IO-Link Wireless component that enables wireless communication of industrial sensors, actuators, and devices. The TigoBridge can be used in various applications such as machine retrofit, condition monitoring, and IIOT. It can also be used for control-based applications like wirelessly controlling grippers or vacuum pumps on moving equipment. The TigoBridge is based on the IO-Link Wireless standard and is designed for factory automation in harsh industrial environments. It can wirelessly connect multiple devices in parallel and can be configured and set up via the TigoEngine IO-Link Wireless Engineering Tool. CoreTigos technology aims to reduce complexity in industrial automation systems and increase operational efficiency.
Partners
Wireless Goes Mission Critical
Community - Silicon Labs
growth-positive
SKF Bearing Manufacturing Plant in France Deploys CoreTigo's IO-Link Wireless Solution for Energy Conservation
CoreTigo and SKF have announced their collaboration at the SKF St. Cyr plant in France to implement a wireless energy conservation solution. The solution enables a wireless connection from flow sensors on each machine to CoreTigos visibility software, allowing for real-time monitoring and analytics. The expected benefits include a reduction in energy consumption, deployment complexity and cost, improved maintenance processes, and reduction of unplanned maintenance and downtime. CoreTigo and SKF initiated their relationship through the Industry of the Future Challenge, where CoreTigo was chosen as one of the finalists in the Connected Factory category. CoreTigos technology can benefit SKFs manufacturing plant.
Partners
N/A
https://www.newequipment.com/plant-operations/wireless-iiot-tech-seeks-untangle-digital-revolution
The article does not provide any information about the company or any relevant events.
growth-positive
Portfolio Watch: From CoreTigo to CyberX and Beyond, We're Dedicated to Investing in Industrial...
Qualcomm is investing in IIoT companies to advance the market. They have recently added CoreTigo and CyberX to their portfolio, focusing on connectivity and security solutions for IIoT. CoreTigo provides wireless connectivity solutions that meet the harsh requirements of the industrial environment, enabling reliable and real-time communication. CyberX offers a platform for IIoT security, helping organizations monitor and protect their OT networks from cyberattacks. With these investments, Qualcomm aims to contribute to the technological overhaul needed for IIoT to fulfill its promise of creating more efficient and productive industrial environments.
PartnersInvestment
growth-positive
Qualcomm Ventures, Sierra Ventures Back Wireless Communication Company CoreTigo
Israel-based wireless communication technology company CoreTigo has raised $10 million in a series A funding round led by Qualcomm Ventures and Sierra Ventures. This brings the companys total funding to $12 million, with a previous $2 million raised. CoreTigo develops a secured wireless network system for IoT nodes based on the IO-Link standard. The funding will be used for research and development and to expand operations.
Investment
growth-positive
CoreTigo Announces The First IO-Link Wireless Solutions
CoreTigo, the maker of Industrial wireless systems, has announced the availability of the first IO-Link Wireless solution for mission-critical industrial communication. The company has developed a high-speed wireless industrial system prototype based on the IO-Link Wireless standard. The prototype will be displayed at an event to allow industrial sensor and actuator makers to experience the technology. CoreTigo aims to address the needs of Industry 4.0 revolution by providing smart factory data analysis, production flexibility, and manufacturing mobility through industrial wireless communication. The IO-Link Wireless standard offers reliable, deterministic, and real-time communication between PLC and I/Os. CoreTigo has collaborated with BALLUFF, an automation expert company, for the development of the prototype.
Partners
growth-positive
Siemens opens innovation lab for startups in Tel Aviv
Siemens has launched the Siemens Dynamo program in Israel to support and collaborate with Israeli startups. The program aims to help startups test their products and familiarize them with Siemens technologies. Selected startups will be integrated into Siemens ecosystem, including its business partners and customers. If the startups technologies align with Siemens product portfolio and solutions, there is a possibility of acquisition. Siemens joins other tech giants like General Electric in seeking closer cooperation with Israeli startups. The program will be based in Tel Avivs Sosa complex and will include startups such as CoreTigo, QualityLine, and Halo Digital.
PartnersCustomersAcquisition
CoreTigo Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 35 |
| Team members | 6 |
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CoreTigo Internal
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Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515639045 |
| Crunchbase | coretigo |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-11-15T00:00:00.000Z |
| Created | 2017-06-22T00:00:00.000Z |
| Claimed | Yes |