Kido Dynamics completes Pre-Series A investment round

Kido Dynamics partners with telecom companies in Europe, Latin America, Middle East and South-East Asia to obtain mobile data in a fully GDPR-compliant way. By combining machine learning with algorithms inspired by social physics and quantum mechanics, the startup can accurately analyse the flow of individuals in increasingly complex transport systems to obtain the most advanced information for predicting human mobility patterns.

The company addresses customers in business in three main verticals, namely Smart Cities/Transportation, Tourism and Location Intelligence to enable them to measure their performance after data gathering, while substantially reducing the time and efforts at the same time.

“Democratising Big Data is the central vision driving our team at Kido Dynamics. We believe that business, regardless of size, should be able to utilise and make decisions based on data. Big Data should not be the hegemony of big corporations only”, said Ignacio Barrios, CEO Kido Dynamics.

The startup has completed its pre-series A financing round with a total of CHF 850’000. Zug-based Spicehaus Swiss Venture Fund led the round along with B4Motion Ventures (Spain), a leading mobility investor and venture builder in Southern Europe, and You.Mind!1, a Brazilian Investment Company founded by former Big 4 technology and telecom consulting partners.

The newly obtained pre-series A  funds will enable Kido Dynamics to accelerate the development of its solution as well as foster its ongoing international business development. The company is partnering with telecom companies in Europe, Latin America, Middle East and South-East Asia.

“We are convinced that the solution is a distinct game-changer in the mobility space and we are impressed by the international clientele that Kido already convinced,” says Daniel Andres, partner at Spicehaus Partners.

(Press release/RAN)