AirBolt raises $2m in seed funding

The firm 72 Capital led the round for the Melbourne-based consumer and enterprise tracking and access company.

Melbourne, Australia-based AirBolt, a tracking and smart access company, announced it has raised $2 million in funding led by 72 Capital. The investment will accelerate plans to expand the range of connected devices and global partnerships for the company, which was founded in 2015 by Kabir Sidhu, who launched a KickStarter campaign for a travel lock that’s since gone on to sell over 60,000 devices worldwide.

Source: Company announcement