ZIM Announces Additional Investment in Sodyo, a Developer of Groundbreaking Scanning Technology

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HAIFA, Israel and TEL AVIV, Israel, Aug. 1, 2022 /PRNewswire/ — ZIM Integrated Shipping Solutions Ltd. (NYSE: ZIM) announced today the closing of an approximately $5 million Sequence B funding spherical in Sodyo Ltd., a developer of subsequent generation scanning technological know-how.

 

Sodyo’s future technology scanning technological know-how generates remarkably purposeful offline to on the web (O2O) solutions that enables firms to entry info and recognize their workflows, and allow on line interaction with consumers. Making use of customizable vibrant markers, Sodyo’s Visual Code will take scan technological innovation outside of the QR code to function on any media (out of doors or indoor, print or electronic, cell or stationary), from considerably greater distances than with any other know-how, scanning several markers at 1 time and below a large assortment of environmental disorders.

Proceeds of this expense are meant to additional develop Sodyo’s engineering and expand its implementation, which include ZIMARK‘s, a Sodyo-ZIM joint undertaking, dedicated to making use of Sodyo’s scanning technologies to the logistics sector and source chain processes.

Eli Glickman, President and CEO of ZIM, remarked, “Sodyo continues to make vital progress in developing its innovative scanning know-how. Below the management teams at Sodyo and ZIMARK, the two businesses have executed a amount of prosperous POCs that reveal the prospective this technology has to develop into the new global normal for scanning technology – with organization works by using and purposes in many industries. We are enthusiastic to keep on supporting Sodyo and ZIMARK and believe they keep probably sizeable value for ZIM. Additionally, we will go on to leverage our situation in just the startup ecosystem in Israel to establish other beautiful ground breaking systems and companies, complementary to ZIM’s main small business, that can serve as expansion engines for ZIM.”

Alon Raz, Sodyo’s CEO noted: “We are happy to have ZIM as a strategic associate and as soon as once again earn their vote of self-confidence. ZIM’s international network and small business knowledge in verticals Sodyo is now focused on, has by now had a remarkable effects, and with this additional financial commitment, we will be equipped to action up our attempts in producing Sodyo’s groundbreaking scaning engineering a globally conventional.”

Consider ZIMARK oneself. Download the ZIMARK software from

 Application retail outlet or Google Participate in.

About ZIM

Launched in Israel in 1945, ZIM (NYSE: ZIM) is a foremost global container liner shipping business with recognized functions in 100+ nations serving additional than 25,000 customers in over 300 global ports. ZIM leverages electronic tactics and a determination to ESG values to give consumers ground breaking seaborne transportation and logistics expert services and exceptional consumer experience. ZIM’s differentiated global-niche method, centered on agile fleet management and deployment, addresses major trade routes with a concentrate on pick out markets exactly where the business retains competitive benefits. Additional facts about ZIM is accessible at www.ZIM.com.

About Sodyo

Sodyo’s mission is to make highly purposeful offline to on line environments. Through Sodyo, men and women and companies can interact and move seamlessly between their bodily and digital worlds. This is completed utilizing a new state of the art scanning technologies. Essentially, people can scan a code and get instant entry to material, no matter of exactly where they are or what device they are employing. “If you can see it, you can scan it”! Sodyo is largely focused on offering interactivity options to shoppers in the fields of media, sporting activities, and digital out of dwelling, providing a prosperity of engagement and monetization chances.

ZIM Ahead-On the lookout Statements

This push release incorporates or may well be deemed to have ahead-seeking statements (as described in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Legislation, 1968). In some situations, you can discover these statements by forward-searching words these types of as “may possibly,” “may,” “will,” “ought to,” “hope,” “program,” “anticipate,” “imagine,” “estimate,” “predict,” “possible” or “carry on,” the damaging of these phrases and other comparable terminology. These forward-seeking statements, which are topic to dangers, uncertainties and assumptions about ZIM (“ZIM“, or the “Business“) may perhaps incorporate projections of the Firm’s new service capabilities and benefits, long term economical results thereof, as very well as its expected development tactics and anticipated trends in its business enterprise. These statements are only predictions primarily based on the Firm’s current anticipations and projections about long run activities or results. There are important aspects that could lead to the Company’s real results, degree of activity, general performance or achievements to vary materially from the benefits, level of activity, efficiency or achievements expressed or implied by the forward-looking statements. Elements that could bring about these discrepancies include things like, but are not limited to: market place changes in freight, bunker, charter and other premiums or price ranges, new laws or regulation affecting the Firm’s operations, new level of competition and improvements in the aggressive environment, the outcome of authorized proceedings to which the Corporation is a party, and other hazards and uncertainties thorough from time to time in the Firm’s filings with the U.S. Securities and Exchange Fee, together with underneath the caption “Hazard Factors” in its 2021 Annual Report.

Although the Organization believes that the anticipations reflected in the forward-on the lookout statements contained herein are sensible, it are unable to assure future benefits, stage of exercise, efficiency or achievements. Furthermore, neither the Company nor any other person assumes accountability for the precision and completeness of any of these ahead-wanting statements. The Company assumes no duty to update any of these forward-hunting statements following the day hereof to conform its prior statements to real effects or revised anticipations, apart from as otherwise essential by regulation.

ZIM Contacts

Media:
Avner Shats
ZIM Built-in Transport Solutions Ltd.
+972-4-865-2520
[email protected]

Trader Relations:
Elana Holzman
ZIM Integrated Shipping and delivery Providers Ltd.
+972-4-865-2300
[email protected]

Leon Berman
The IGB Group
212-477-8438
[email protected]

Sodyo Contacts

Cathy Yagur
Sodyo Ltd.
+972-52-865-9535
[email protected] 

Cision Look at authentic articles:https://www.prnewswire.com/information-releases/zim-announces-added-investment decision-in-sodyo-a-developer-of-groundbreaking-scanning-technological innovation-301596806.html

Resource ZIM Integrated Delivery Companies Ltd.

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