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Myriota raises $19.3 million to expand its IoT satellite constellation

Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures, with additional funding from Boeing, former Australian PM Malcolm Turnbull, Singtel Innov8 and others. The company has now raised $37 million in Funding, and has four satellites on orbit already, with a plan to expand that to 25 by 2022 with the help of this new funding. Myriota provides low-cost, power efficient direct satellite connectivity for IoT uses, including industrial applications like equipment monitoring and measurement of…

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