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Binary Beer

BinaryBeer is an IoT startup that allows brewers to manage their fleet of beer kegs through an online platform.

Backed by

ArtesianArtesian
BeachheadBeachhead
Peter McKiePeter McKie
Nick McNaughtonNick McNaughton
Craig DavisCraig Davis

Raised 1.8M SEED on February 4, 2022

About

Binary Tech develops 5G NB‑IoT mobile asset-tracking hardware and software that monitor location, temperature, and product condition for AgTech, FMCG, healthcare, telecommunications, and waste-management supply-chain deployments.

Mission

Binary Tech develops 5G NB-IoT mobile asset-tracking devices originally created to track beer kegs. Its hardware and software monitor location, temperature and product condition, delivering actionable insights to customers. The company serves sectors including AgTech, fast-moving consumer goods, health, telecommunications and waste management and has installations with blue-chip clients worldwide. Founder Michael Burton self-funded the business for its first years and secured initial support from the iAccelerate Seed Fund. Binary Tech plans to roll out broader supply-chain IoT deployments and accelerate global growth with the new capital. The company is based at iAccelerate, the University of Wollongong’s innovation campus.

Quick Facts

Founded

2016

Funding

SEED

Industry

Food and Beverage, Internet of Things, Logistics, Transportation

Team Size

1-10

Headquarters

Dunmore, New South Wales, Australia