The company has received a €25,000 prize from Typetec and Microsoft, and plans to open new offices in three countries.
Irish cargo-monitoring start-up Journey Protector has received a €25,000 prize from Typetec’s start-up competition, run in concert with Microsoft.
The Dublin-based company also announced that it will be launching its first product in October, and plans to open offices in the UK, Germany and US over the next three years.
Journey Protector builds internet of things (IoT) devices that monitor freight shipments for theft or the presence of unauthorised persons.
The company’s systems are entirely separate from vehicle drivers, which Journey Protector says “removes the ability of drivers to collude in people trafficking or cargo theft, restores their ‘innocent until proven guilty status’ and provides protection for stowaways from injury or death.”
The system uses blockchain, machine learning and Microsoft Azure to power its suite of sensors. Journey Protector is collaborating with Arrow Electronics in the development of its IoT devices.
Journey Protector pitches its technology as anti-human trafficking, though CEO Anne Lawlor said the company was “shocked to discover that the UK and Ireland lose €2.5 million per day due to issues caused by the migrant crisis” rather than citing statistics about migrant safety.
The company also notes that the main function of its technology, upon detecting the presence of migrants in cargo vehicles, is to notify a “designated responder” in the client company, who then passes the information on to law enforcement.
Lawlor also noted that €60bn ($71bn) is lost to cargo theft worldwide annually.
She continued: “We want a world where vulnerable people are no longer trafficked by use of haulage, and cargo theft is no longer able to harm drivers and companies.
“Being part of the Microsoft for Start-Ups program has given us the opportunity to develop strategic partnerships with organisations such as Arrow Electronics. We are delighted to now add Typetec to the list of associates offering us invaluable support and mentoring.”
Ken Tormey, chief revenue officer of Typetec, added: ““We are delighted to award Journey Protector with the €25,000 start-up fund in collaboration with Microsoft. We had a rigorous selection process and Journey Protector faced stiff competition.
“Through the course of their presentation and pitch, we realised how important their solution is for the transport industry and the impact it could have on cross-border security.”
Journey Protector was Silicon Republic’s Start-up of the Week in August 2020.
Yesterday, another Irish company producing IoT devices for freight management announced a partnership with Vodafone.