Brandenburg Kapital - News about Staex GmbH

Moonrock Capital Invests in Deep-tech company Staex

Potsdam, April 2024, Moonrock Capital has made a strategic investment in Staex underscoring the need of a decentralized network realizing machine-to-machine economy. Staex is a clean-tech software that allows distributed islands of IT networks to communicate with each other, the use of services shared between multiple partners and orchestration from any node in the network.

Staex is at the forefront of supporting today’s companies innovating with Web3 tools and creating new business opportunities in DePIN.

This partnership represents a significant milestone for Staex and offers new opportunities for a shared vision.

Brandenburg Kapital GmbH has been supporting the company since 2022.

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About Staex GmbH

Staex is a secure public network for IoT devices that can not run a VPN such as smart meters, IP cameras, and EV chargers. Staex encrypts legacy protocols, reduces mobile data usage, and simplifies building networks with complex topologies through its unique multi-hop architecture. Staex is fully zero-trust meaning that no traffic is allowed unless specified by the device owner which makes it more secure than even some private networks. With this, Staex creates an additional separation layer to provide more security for IoT devices on the Internet, also protecting other Internet services from DDoS attacks that are usually executed on millions of IoT machines.

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