Zim Announces Participation In A Series A Financing Round In Hoopo, A Provider Of Cutting-Edge Tracking Solutions For Unpowered Assets
Zim Announces Participation In A Series A Financing Round In Hoopo, A Provider Of Cutting-Edge Tracking Solutions For Unpowered Assets
08/11/22, 8:06 PM
Industry
financial services
Round Type
series a
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the completion of a Series A financing round in Hoopo Systems Ltd., a provider of cutting-edge tracking solutions for unpowered assets, in which ZIM participated. ZIM invested $5.5 million in Hoopo, alongside both existing and new financial investors.
Company Info
Additional Info
Hoopo was founded in 2017 by a team of experts in RF communications and geolocation technologies. It offers a unique power-efficient tracking solution that enables real-time Location Intelligence including both tracking and status monitoring for unpowered assets. By integrating a suite of innovative technologies, Hoopo's system ensures accurate asset positioning while maximizing power efficiency and cost. Hoopo is working on supply-chain innovation with leading companies in transportation, aviation, waste management, and maritime logistics.
To learn more about Hoopo, visit https://www.hoopo.tech or contact sales@hoopo.tech.