A startup hailing from far-flung Iceland is rising as one of the vital key avid gamers within the race to distribute one of the vital key coronavirus vaccines all over the world. Controlant — which has a novel real-time provide chain tracking generation according to GSM networks and is in particular geared to spaces like prescription drugs and existence sciences — has showed it’s offering its tracking products and services to Pfizer because it delivers the mRNA-based Pfizer-BioNTech COVID-19 vaccine globally. The Controlant platform comes to screen-based IoT tags, which hyperlink to GSM networks after which feed into internet and cellular apps.
Remaining week the governor of New York held up a field (see symbol above and video underneath) containing the vaccine, with an unidentified tag that seemed like a Controlant GSM monitoring tool. iThawt News contacted Controlant and the corporate showed that it was once certainly their generation.
In September Controlant secured $15 million in Sequence B investment to pressure the marketplace growth of its real-time Chilly Chain as a Carrier platform. It has in large part Iceland-based traders, together with Sjova and VIS. Frumtak, a VC company in Iceland, first invested in Controlant in 2011. The new financing introduced Controlant’s overall investment thus far to $50 million. Frumtak just lately offered 11% of its stake in Controlant (a transaction treated via Arion Financial institution) for with reference to $14 million, however will proceed to carry a 13% stake thru its Frumtak II fund.
Along with the visibility and tracking answers that Controlant is offering to Pfizer, it’s additionally operating immediately with the U.S. govt, the CDC, U.S. Division of Well being and Human Products and services, and stakeholders in “Operation Warp Pace”. The platform is getting used during the whole lot of the U.S. provide chain adventure of the vaccines.
Gisli Herjolfsson (pictured), co-founder and CEO of Controlant, stated in a remark: “Controlant has gathered a intensity of experience in vaccine provide chain operations and we’re glad to find a way to use our answers to the whole lot of the mRNA-based Pfizer-BioNTech COVID-19 vaccine provide chain, thru our direct paintings with Pfizer and govt stakeholders.”
Controlant IoT gadgets, filled with the vaccines, seize environmental data, together with time, temperature and lightweight occasions, and ship the ideas, in genuine time, to Controlant’s proprietary platform.
Under is a video of Governor Andrew Cuomo appearing the everyday packaging that Controlant gadgets are connected to: