European Innovation Council Fund, the EU’s innovation agency, completed a €26m investment in Hiber, an IOT, satellite and communications start-up. “The €26 million funding is a fantastic validation for Hiber’s success and a major boost for the European ‘New Space’ sector. It is a key step in realising our aim of making the Internet of Things really simple and available for everyone in remote and developing regions of the world," Coen Janssen, Hiber Chief Strategy Officer and Co-Founder.