YODIWO
SECTOR
Software Development
INVESTMENT YEAR
2020
DATE
1-Dec-2020
TYPE OF INVESTMENT
IOT Platform, AI, ESG
“We are excited to be backed by Brookstreet, an investor with a clear commercial focus and wider social impact. Together with Omiros and the team at Brookstreet, we share the vision to lead the IOT and ESG agenda in infrastructure management. Brookstreet’s investment boosts our global expansion in a world that is rapidly changing and requires innovative products and solutions for tomorrows business problems, today. The deal benefits all stakeholders, including our teams to leverage on a global network platform, our customers with exceptional support and cutting-edge R&D pipeline, and our firm with best-in-class practices in governance, structures and systems. ”
CEO - Yodiwo
About Yodiwo
Yodiwo develops state-of-the-art Internet of Things (IoT) and Artificial Intelligence (AI) solutions that transform Facility Energy Management and ESG for smart buildings, smart cities and 360 retail. The firm has received funding and board support from international investors and "tech-founders" such as Michael Tzannes (Chairman of Accunus, and former Executive Chairman, Chief Executive Officer, and Chief Technical Officer of Aware which was listed at NASDAQ: AWRE).
Advisors:
Papapolitis & Papapolitis (GR)
Wistrand (SE)
Chrysses Demetriades (CY)
Candesic (UK)
RSM (GR/SE)
Alter Domus (Global)
Bankers:
Barclays
For more Read here.
Brookstreet Investment in Yodiwo
Brookstreet Equity Partners LLP (“Brookstreet”) announces its investment in Internet-of-Things (IOT) Platform Yodiwo, based in Sweden with R&D Center in the tech hub of Patras and implementation systems in Cyprus.
Brookstreet’s Managing Partner (CEO), Omiros Sarikas stated:
"The new decade brings focus on the environment, green technologies, infrastructure, environmental, social and governance (ESG) considerations, decarbonisation and smart planning. Yodiwo is firm founded by managers that grew and sold businesses internationally twice before. Yodiwo solutions apply to smart cities, intelligent buildings, inter-connected homes, automated manufacturing and vertical applications, such as maritime. The way that Yodiwo and Alex handled this transaction, with resilience and sophistication, gives us a lot of confidence for the executive team and our equity partners. We welcome them to Brookstreet and are excited about the synergies with our portfolio”.
