ONiO, an Oslo-based leader in the creation of ultra-low-power microcontrollers, has successfully obtained significant financial backing to propel its innovative technology further. Accumulating €5 million in investment, primarily from Stockholm’s node.vc, with Helsinki’s Maki.vc as co-lead, ONiO is poised to make strides in the sustainable IoT sector. The new capital injection is seen as a vote of confidence in the pioneering capabilities of ONiO, particularly in its ambitious endeavor to utilize ambient energy for powering devices, thereby minimizing reliance on traditional power sources.
ONiO’s recent funding reflects a continued interest from investors in advancing eco-friendly solutions in technology, as highlighted by earlier investments from the European Investment Council (EIC) Fund and MP Pension. Prior similar investments were directed towards novel energy solutions promising IoT devices’ longevity and durability while reducing environmental footprints. These investments position ONiO alongside other frontrunners in the shift towards sustainable technological innovations.
How will ONiO use the new funds?
The primary allocation of the €5 million funding is aimed at scaling up the production of ONiO.zero, an avant-garde wireless microcontroller that operates efficiently on minimal ambient energy. Using less than 1µW, this microcontroller taps into renewable energy sources like solar, RF, thermal, and piezo, negating the need for batteries. However, it can also work with batteries when necessary, showcasing versatility in its function.
Beyond energy innovation, ONiO.zero represents a leap forward in sustainable IoT solutions applicable across multiple industries. The ultimate objective is to drastically cut down the batteries contributing to waste in oceans and landfills, fortifying the global shift toward greener practices.
What sets ONiO apart in IoT technology?
Under the leadership of CEO Kjetil Meisal, ONiO has carved a niche with its ultra-efficient microcontrollers. The ONiO.zero stands out by operating on as low as 22µW/MHz by harnessing ambient energy, setting a new benchmark in powering IoT devices. This paradigm shift in energy usage is paving the way for smarter and more ecologically conscientious technological designs globally.
The versatility of ONiO.zero extends to its capability as a general-purpose microcontroller, showcasing power-agnostic attributes that can work seamlessly across different energy signals including RF, thermal, solar, or piezoelectric. This innovation supports either the elimination of battery use entirely or significantly extending battery life.
As ONiO expands its reach, it remains evident that the shift towards ambient energy solutions is gaining momentum within global tech landscapes. By diminishing reliance on finite power resources, ONiO aligns with key industry trends aiming at sustainability and energy efficiency.
Investing in technologies that harness renewable energy marks a significant push towards a future with diminished ecological impact. For consumers and industries alike, the efficiency introduced through energy-independent devices like ONiO.zero promises substantial benefits in reducing operational costs and environmental impact.
