Company:Wiliot

From HandWiki
Wiliot
TypePrivate
IndustryTechnology[1]
Founded2017; 7 years ago (2017) in Israel[1]
Founders
  • Tal Tamir
  • Yaron Elboim
  • Alon Yehezkely
[2]
Headquarters
Caesarea
,
Israel
Area served
Worldwide
Products
  • IoT Pixel
  • Cloud
Number of employees
130[3] (2022)
Websitewiliot.com

Wiliot is a startup company developing Internet of Things technology for supply-chains and asset management,[4] founded in 2017 and based in Caesarea, Israel, with customer operations in San Diego, US.[1][5][6][7]

Wiliot develops battery-free printable sensor tags to monitor products like groceries, apparel and pharmaceuticals from their sources to stores and homes.[1][8] The company's business model is to sell the use of its cloud software.[9]

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.[2][6]

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.[10] Other early investors include PepsiCo, NTT Docomo Ventures, and Vintage Investment Partners.[6]

In 2021 Wiliot raised $200 million in a series C funding round led by SoftBank Vision Fund 2 and backed by all previous investors.[6][11]

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.[6] The IoT Pixel tags have sensors for temperature, fill level, motion, location changes, humidity, and proximity.[11] The tags cost less than 10 cents a piece.[12]

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.[13] Dual-band models include connectivity in the ISM bands.[13]

In June 2022, Wiliot launched a business card-sized battery-assisted version of the IoT Pixel providing continuous connectivity.[14]

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.[6]

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.[15]

Applications

Wiliot's tags are designed for use in the many crates that agriculture shippers use to get their products to markets.[1] The tags can provide information about the safety of the journey and the condition of perishable goods, to better manage inventory and reduce waste.[11][6] Its first large public customer was Israeli supermarket chain Shufersal in June, 2022.[1][16]

The Japan Research Institute [jp] 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.[8]

The company hopes to extend more broadly to sectors like pharmaceuticals and apparel[1] 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.[11]

Recognition

The industry recognition received by Wiliot include:

  • Winner of the 2019 CableLabs Innovation Showcase[17]
  • Winner of the FDA’s Low- or No-Cost Food Traceability Challenge 2021[18]
  • Frost & Sullivan’s 2022 North American Battery-free Bluetooth Low Energy Tag Technology Innovation Leadership Award[19]
  • Frost & Sullivan's 2022 European Passive BLE-based IoT Solutions Customer Value Leadership Award[19]
  • 2022 SXSW Innovation Awards Finalist in the Smart Cities, Transportation & Delivery category[20]

See also

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Liz Young (2022-06-08). "Israeli Tech Firm Rolls Out Tracking Devices the Size of Postage Stamps". Wall Street Journal. https://www.wsj.com/articles/israeli-tech-firm-rolls-out-tracking-devices-the-size-of-postage-stamps-11654682401. 
  2. ↑ 2.0 2.1 "Why Verizon Ventures invested in Wiliot". Verizon. 2020. https://www.verizon.com/ventures/blog/2020/2/why-verizon-ventures-invested-in-wiliot. 
  3. ↑ "Wiliot - Information Technology & Services". Apollo.io. https://www.apollo.io/companies/Wiliot/5a9d82bea6da98d93be05376?chart=count. 
  4. ↑ "Identiv Announces Innovative Collaboration with Wiliot on First to Market Battery Assisted Pixel Cold-Chain Solution". Identiv. 2022-05-18. https://prnewswire.com/news-releases/identiv-announces-innovative-collaboration-with-wiliot-on-first-to-market-battery-assisted-pixel-cold-chain-solution-301549996.html. 
  5. ↑ Christopher Mims (2022-10-29). "Why the Future of the Computer Is Everywhere, All the Time". https://www.wsj.com/articles/computer-technology-ambient-computing-11666992784. 
  6. ↑ 6.0 6.1 6.2 6.3 6.4 6.5 6.6 Mike Freeman (2021-07-27). "Internet of Things sensor startup Wiliot pulls in $200 million from SoftBank Vision Fund". San Diego Union Tribune. https://www.sandiegouniontribune.com/business/story/2021-07-27/internet-of-things-startup-wiliot-pulls-in-200-million-from-softbank-vision-fund. 
  7. ↑ "Wiliot Featured on i24 News". i24NEWS. 2022-05-23. Retrieved 2022-07-25.
  8. ↑ 8.0 8.1 "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" (in Japanese). ITmedia [jp]. 2022-01-12. https://monoist.itmedia.co.jp/mn/articles/2201/12/news060.html. 
  9. ↑ Brad Graves (2021-08-15). "Wiliot Series C Totals $200M". San Diego Business Journal. https://www.sdbj.com/news/2021/aug/15/wiliot-series-c-totals-200m/. 
  10. ↑ Ingrid Lunden (2019-01-14). "Wiliot nabs $30M from Amazon, Avery Dennison, Samsung for a chip that runs on power from ambient radio frequencies". TechCrunch. https://techcrunch.com/2019/01/14/wiliot-nabs-30m-from-amazon-avery-dennison-samsung-for-a-chip-that-runs-on-power-from-ambient-radio-frequencies/. 
  11. ↑ 11.0 11.1 11.2 11.3 John Koetsier (2021-07-27). "Softbank Leads $200M Investment Into Printable Battery-Free IoT Startup Wiliot". Forbes. https://www.forbes.com/sites/johnkoetsier/2021/07/27/softbank-leads-200m-investment-into-printable-battery-free-iot-startup-wiliot/. 
  12. ↑ Idan Ben Tovim (2021-08-02). "Like Apple's AirTag -- but battery free and the size of a stamp: Israeli innovation lands $200M". Geektime. https://www.geektime.com/israeli-startup-wiliot-raises-200m-from-softbank/. 
  13. ↑ 13.0 13.1 Gareth Halfacree (2022). "Wiliot Launches Its IoT Pixels Starter Kit, Aims to Kickstart the "Internet of Everyday Things"". Hackster.io. https://www.hackster.io/news/wiliot-launches-its-iot-pixels-starter-kit-aims-to-kickstart-the-internet-of-everyday-things-d17a1b675932.amp. 
  14. ↑ "Wiliot launches breakthrough battery-assisted IoT Pixel tags". IoT Business News. 2022-06-02. https://iotbusinessnews.com/2022/06/02/09106-wiliot-launches-breakthrough-battery-assisted-iot-pixel-tags/. 
  15. ↑ "Patentguru: Wiliot Ltd". Patentguru. https://www.patentguru.com/assignee/wiliot-ltd. 
  16. ↑ "Wiliot Featured on Israel's Prime Time TV". Channel 12 News. 2022-06-06. Keshet Media Group. Channel 12. Retrieved 2022-07-25.
  17. ↑ "Wiliot". CableLabs. https://www.cablelabs.com/upramp-alumni/wiliot. 
  18. ↑ "Meet the Winners of FDA's Low- or No-Cost Food Traceability Challenge". FDA. 2021-09-13. https://www.fda.gov/food/new-era-smarter-food-safety/meet-winners-fdas-low-or-no-cost-food-traceability-challenge. 
  19. ↑ 19.0 19.1 "2022 BEST PRACTICES RECOGNITION - Wiliot". Frost & Sullivan. https://best-practices.frost.com/wiliot/. 
  20. ↑ "Announcing the 2022 SXSW Innovation Awards Finalists". SXSW. 20 January 2022. https://www.sxsw.com/news/2022/announcing-the-sxsw-2022-innovation-awards-finalists/. 

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