The Industry 4.0 Foundation, created with the participation of the state corporation Rostec, invested in the Moscow developer of IoT solutions for the construction industry - Sodis Lab. The amount of the deal was not disclosed. Investments will be directed to new product development, marketing and sales development.

The company plans to promote promising Internet of Things (IoT) technologies for the construction industry, enter international markets and develop technological partnerships within the framework of complex infrastructure projects implemented by Rostec subsidiaries.

Contacts:

Andrey Shakhramanyan, CEO and Founder of Sodis Lab

Original (in Russian)