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3030 IoT

Stage

Acquired | Acquired

About 3030 IoT

3030 IoT creates sensors for the waste management industry.On January 14th, 2021, 3030 IoT was acquired by LiteLink Technologies. The terms of the transaction were not disclosed.

Headquarters Location

British Columbia,

Canada

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Expert Collections containing 3030 IoT

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

3030 IoT is included in 1 Expert Collection, including Semiconductors, Chips, and Advanced Electronics.

S

Semiconductors, Chips, and Advanced Electronics

6,178 items

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Latest 3030 IoT News

LiteLink Technologies Announces Acquisition of 3030 IoT, an innovator in the Multi-Billion Dollar Smart Sensor Waste Management Industry

Jan 15, 2021

Share LiteLink Technologies , a company focused in emerging technologies , is pleased to announce the acquisition of 3030 IoT , an innovation leader in the Industrial Internet of Things , bringing to market smart sensors for the waste management space. 3030 IoT will augment the Company’s Shift Insights AI platform, providing waste management companies with ruggedized bin sensors, and unparalleled container visibility. “In a world where 90% of all waste is picked up at the wrong time, 3030 IoT will complement LLT’s Shift Insights AI platform to bring in-bin sensors powered by cloud software and AI and give waste management providers real-time fill level and location driven insights,” says Peter Green, LiteLink Technologies CEO. The growing complexity in the logistics of waste collection and the need to comply with regulations pertaining to waste processing while helping fuel smart cities, demand better waste management solutions, which are made possible by the use of technologies, such as IoT (Internet of Things) sensors. “We have seen on average 21% increased bin turnovers, and 6.75% more efficient and lower operational costs”, says  Alan Ligumsky , Owner at Peak Disposal, a leading waste management company using sensor technology from 3030 IoT. Related Posts “Over the last 12 months we’ve seen that global supply chains and distribution will change, Shift Insights will play an important role in this process. The ability to help the global waste management space maximize profitability, improve customer experience, generate more revenue, optimize collection routes and schedules, and increase driver safety, is paramount to the foundation of this platform.” “The global waste management industry will reach $445Bn over the next two years, and is experiencing much innovation in areas of AI and IoT; with the smart sensor waste management space growing 30% YoY, this acquisition represents a further commitment to our thesis of investing in emerging technologies poised for growth to bring maximum value back to our shareholders,” says Peter Green, Chief Executive Officer of the Company.

3030 IoT Frequently Asked Questions (FAQ)

  • What is 3030 IoT's latest funding round?

    3030 IoT's latest funding round is Acquired.

  • Who are the investors of 3030 IoT?

    Investors of 3030 IoT include LiteLink Technologies.

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