Danalto

Danalto's key product tracks an enterprise's assets and people by combining existing radio wave infrastructure with WiFi, Global Navigation Satellite Systems and the Danalto team's particular expertise in developing revolutionary Ultra-Wideband (UWB) wireless technology. 

Key highlights:

• More than EUR5m already invested in the Danalto technology with an additional EUR7m in non-dilutive grant funding.
• Company on track to deliver EUR1.5m of revenues in current fiscal year
• Executive team have previous exit/success in UWB technologies with a EUR400m trade sale exit. 
• Global market for Real-Time-Location-System (RLTS) services is expected to grow from $4 billion in 2026 to $18 billion in 2025 (18% CAGR) 
• Company is conducting this funding round to unlock a further EUR1.1m of DTIF grant funding
• Institutions including Elkstone, Atlantic Bridge and Enterprise Ireland have already invested in Danalto.
• Company is targeting EUR13m of annual recurring revenues (ARR) within 5 years which would underpin a SaaS franchise value of more than EUR130m.