# Xerafy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xerafy

- Industry: Electronics
- Headquarters: Hong Kong SAR - China
- Website: www.xerafy.com
- Total disclosed funding: $5M
- Latest round: Series A (Apr 24, 2012)
- Investors on record: 1

## About

Xerafy Ltd provides advanced RFID asset tagging solutions that facilitate digital transformation, particularly within the Industrial Internet of Things (IoT) ecosystem, enhancing efficiency across various industries.Xerafy Ltd specializes in RFID technology for asset management, founded in Hong Kong. The company raised USD 5.00 mn in Series A funding in April 2012 from IPV Capital, marking its first funding round. The founder's history and prior ventures are not publicly available.Xerafy specializes in advanced RFID (Radio Frequency Identification) asset tagging solutions, designed to facilitate the digital transformation of businesses, especially within the Industrial Internet of Things (IoT). Their core product offerings comprise a variety of passive UHF RFID tags that are compact and durable, suitable for embedding on tools, medical devices, and industrial equipment. These tags are engineered to endure harsh industrial conditions, including extreme temperatures and significant handling. Xerafy primarily serves Fortune 500 companies across sectors such as healthcare, manufacturing, logistics, and oil and gas, focusing on markets in North America, Europe, and Asia-Pacific. By incorporating RFID technology with IoT functionalities, Xerafy supports real-time data tracking and automation in asset management.Xerafy operates a B2B model, generating revenue through partnerships with authorized firms implementing their RFID solutions in various industrial projects. The company's flagship products, such as the Metal Skin® durable labels and rugged RFID tags, are sold directly to enterprises under sales agreements or subscription contracts for ongoing support. Clients often engage in volume purchases, leading to tailored pricing based on deployment scale and project needs. The revenue is closely linked to the successful adoption of its technology across critical industries.Xerafy aims to launch new RFID products tailored for more demanding industrial applications, with specific timelines for release not disclosed. The company is exploring expansion into emerging markets in Southeast Asia and South America by 2025. The recent funding of USD 5.00 mn raised in April 2012 will support these growth strategies, focusing on product development and market entry initiatives.

## Funding rounds

- Series A, Apr 24, 2012, $5M — IPV Capital Partners

## Investors

- IPV Capital Partners (https://capitalatlas.ai/funds/ipv-capital-partners) — Series A