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DateInvestorsAmountRound
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N/A

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Angel

€50.0k

Grant
N/A

N/A

Seed
N/A

N/A

Seed

N/A

Seed

£270k

Grant
Total FundingCAD561k

Recent News about Albora Technologies

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Albora.io is a startup specializing in advanced geolocation solutions designed to meet the needs of various industries. The company focuses on providing high-accuracy geolocation services using its patented ALCORE algorithms, which can be integrated into existing devices with minimal hardware requirements. This makes their solutions both cost-effective and energy-efficient.

Albora serves clients across several key sectors, including smart cities, telecom infrastructure, and critical infrastructure such as ports, airports, and free zones. Their technology is particularly beneficial for asset management and first responders, offering precise tracking and visualization of assets or people even in challenging environments with high interference.

The company operates in the geolocation market, which is essential for industries that require accurate positioning data. Albora's business model is based on Software as a Service (SaaS), meaning clients subscribe to their services rather than purchasing expensive hardware. This model allows Albora to offer high-performance GNSS (Global Navigation Satellite System) receivers at a fraction of the usual cost.

Albora makes money through subscription fees for its geolocation services, which include ALBASnap and ALBASpot. ALBASnap is designed for precise geolocation in interference-rich environments, ensuring low latency and high reliability. ALBASpot offers continuous high-precision positioning using various connectivity options like 4G, 5G, LTE, and WiFi. Both products are designed to be easily integrated with existing systems through APIs, ensuring seamless interoperability.

In summary, Albora.io provides innovative, cost-effective geolocation solutions that are highly accurate and energy-efficient, serving a wide range of industries with a flexible, subscription-based business model.

Keywords: geolocation, SaaS, ALCORE, smart cities, asset management, GNSS, ALBASnap, ALBASpot, high accuracy, energy-efficient.

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