[Oriient in PR Newswire] Oriient secures $11 million Series A funding to bring the user experience and data-driven insights of the digital world to brick and mortar buildings

TEL AVIV, Israel, May 10, 2022 /PRNewswire/ — Oriient (http://www.oriient.me), the company behind the world’s most advanced indoor positioning solution, announced an $11 million Series A funding round today, bringing the total investment in the company to $16 million. OurCrowd, a global venture capital equity platform with over $1 billion of assets under management (previous investments include Lemonade and Beyond Meat), participated in this round, as well as Regal Four (a Beren family venture entity), F2 Venture Capital, NGN Partners, and Future Energy Ventures. The funding will help scale implementation of Oriient to tens of thousands of locations, open new verticals, and drive global sales.

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