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Dingle business launches crowdfunding campaign

Feb 21, 2022 13:19 By radiokerrynews
Dingle business launches crowdfunding campaign
FREE PIC - NO REPRO FEE Tyndall/Net Feasa Mike Fitzgerald (Net Feasa) on left with Mike Hayes (Tyndall) Pic: Brian Lougheed
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A Dingle business has launched a crowdfunding campaign.

Net Feasa is an Internet of Things service provider for the shipping industry.

It's launched a €350,000 fundraising campaign on the Spark Crowdfunding investment platform.

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Founded and led by Chairman Mike Fitzgerald, Net Feasa has developed a product that could revolutionise the transportation of shipping containers.
It could also make worldwide freight transport more efficient and environmentally friendly.
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In collaboration with Tyndall National Institute in Cork, Net Feasa, has devised a system that uses communications technology and artificial intelligence to pinpoint the exact location of the 30 million shipping containers in today’s global supply chain.
A device, known as IoTPASS, is physically attached to a container and transmits geo-location signals back to the Net Feasa data management system on a real-time basis.
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Net Feasa has also formed a partnership with Vodafone to supply SIM cards which will connect the Net Feasa devices to the internet.
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