Poland's CTHINGS.CO lands Navivo's first cheque for New York smart-city push
What's the deal? Polish internet-of-things startup CTHINGS.CODealroom has a profile for this one. Try Dealroom → has raised early-stage venture funding led by Navivo CapitalDealroom has a profile for this one. Try Dealroom → Poland, marking the fund's first-ever investment. The capital will support the company's expansion across the Atlantic, with a further round planned for next year.
Why now? The investment lands as New York City expands its Smart City Testbed Program, launched in late 2023, which invites global providers to pilot technologies across more than 55 city agencies. CTHINGS.CO took part in the Plug and Play NYC launch event, signalling its intent to build a US presence.
What's the endgame? The company builds edge IoT and smart-infrastructure solutions, including smart parking, eSIM-based connectivity, and edge computing for urban mobility. NavivoDealroom has a profile for this one. Try Dealroom → — a fund co-financed with EU money — is backing its bid to make the US its primary market.
What could go wrong? New York's smart-city deployments have been dominated by larger players and university-backed projects, from NYU's building diagnostics to air-quality pilots. Breaking into that stack as a Central European newcomer is no small task, and the deal is modest in size.
The signal: Winning a pilot or procurement under the Testbed Program could turn this early cheque into a valuable reference project. For now, it reads as a strategic market-entry move — and a sign that smart-infrastructure vendors are internationalising into one of the world's most visible urban testbeds.
Read more: Puls Biznesu
Image credit: mukul.soman
