Soracom, a global provider of advanced connectivity for the Internet of Things (IoT), today announced that it has received an investment from Suzuki Global Ventures (SGV), the corporate venture capital fund of Suzuki Motor Corporation.
Soracom and Suzuki signed an agreement on February 27, 2024 to utilize advanced IoT technologies in the mobility services sector. The two companies are exploring the possibility of collaborating on the use of IoT advanced technologies for mobility services, including electric vehicles, new products such as electric mobility base units, and initiatives to support carbon neutrality in the global market.
The two companies will work together to develop mobility services that can establish an infrastructure for business and daily life in a connected, sustainable society.