Athom raises more than €1M to bring its home-management device to market

homey-automationDutch startup Athom, which is developing a home-management platform called the “Homey”, has announced that they have picked up more than 1 million Euro in funding from a group of private investors. The startup says that they intend to use this latest batch of funding to bring their device, currently being manufactured, to market by paying for production costs, boosting stock, and hiring new staff.

We first wrote about the Homey last year, when the developers were running a Kickstarter campaign to help get the project off the ground. That campaign delivered them more than 200,000 Euro (more than double the amount that they hoped to obtain), but it appears that it has taken a bit longer than expected to ship the device out to backers. Initially expected to be delivered to backers this month, it now appears that “super backers” will receive the device sometime next month, while others will get theirs in August. As a reminder, the device costs 299 Euro through the company’s website.

The Homey is just one of various competitors attempting to establish themselves in the market for devices capable of managing the “smart home”. In addition to the Homey, we have covered Norwegian startup Viva, Finnish startup Cozify, and Ukrainian startup Branto within the past year.

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