IoT startup Brazn clinches US$3.65m from Tin Men in seed round

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IoT startup Brazn clinches US$3.65m from Tin Men in seed round.

LOCAL Internet-of-Things startup Brazn has secured a seed investment of US$3.65 million from Tin Men Capital, the startup announced in a press statement on Monday.

The funds will be used to enhance the firm's existing products - Buildos, a secure facilities solution, and Retailr, a smart retail solution. Brazn also has an agriculture-focused product called Agrios. In 2018, Brazn launched all three solutions and secured successful pilots in Malaysia and Thailand within a year. Some of the Thai partners that Brazn worked with include Loxley Public Company Limited, one of Thailand's largest IT systems integration businesses, Mochit Bus Terminal, a convenience store operator and Sunsweet in Chiangmai. The startup also worked with a convenience store operator in Malaysia.

 

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