AirBolt Melbourne-based company, whose GPS-powered travel locks are sold worldwide, secured $2 million in a seed round backed by a majority growth investment led by 72Capital and Moat Investments.

AirBolt is now scheduled to deliver the GPS units later this year and will continue to grow their US and European presence through their distribution and key hires.

Company: AirBolt Pty Ltd.

Raised: $2.0M

Round: Seed Round

Funding Month: September 2021

Lead Investors: 72Capital and Moat Investments

Additional Investors:

Company Website: https://theairbolt.com/

Software Category: GPS

About the Company: AirBolt is the first company to deliver a small GPS & Low Power Cellular tracker that outlasts and outsmarts the competition. AirBolt products are designed, to work seamlessly together and can connect to the AirBolt app available on iOS, Android, Samsung Smart Watch, AppleWatch, and PC. Trusted by 60,000+ Users. Their vision is to be the market leader in remote access management and asset tracking, and create a world free of keys, swipe cards, cumbersome combinations & lost valuables. AirBolt works with both Retail and Enterprise markets and has solutions for both segments.

Source: https://www.businessnewsaustralia.com/articles/gps-tracker-airbolt-locks-in--2m-with-seed-round-to-bolster-global-presence.html