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MXC Foundation
MXC Foundation

MXC Foundation

Setting the standard for Smart Cities and the Future of IoT

Description

MXC automates machine to machine (M2M) transactions, decentralizing big data and enabling a device data economy. With the introduction of the Machine Exchange Coin (MXC), adopters of LPWAN technologies can trade LPWAN Gateway access or sensor data for MXC. This exchange is automated using smart contracts running on the Machine Exchange Protocol (MXProtocol).

Based in Berlin, MXC is a non-profit foundation promoting the global adoption of LPWAN technology. Our team believes that MXC paired with LPWAN is the next step in the fourth industrial revolution, enabling smart cities and providing public access to big data.

By introducing the Machine Exchange Coin and the Machine Exchange Protocol, MXC gives everyone a chance to profit from a more intelligent infrastructure. This makes MXC the future of IoT.

Closed on 10.10.2022.

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Company Details

Legal name
MXC Foundation gGmbH
Company registration
Amtsgericht Charlottenburg Berlin HRB 198510 B
Founded in
2018
Closed in
2022
Employees
16

Financing Rounds

Financing rounds currency
Euros €
Last financing round
2018
Capital raised last round in millions
21
Total capital raised in millions
21

Financials

Financial reporting currency
Euros €
Last financial year reported
2020

Contact Information

Social Information
Address
Oberwallstraße 6, Bezirk Mitte 10117 Berlin, Deutschland

Location

Oberwallstraße 6, Bezirk Mitte 10117 Berlin, Deutschland

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