Valpas, a developer of bed bug (Cimex lectularius) trapping devices and software, has raised 4 million euros.
Valpas is a Finnish startup that offers IoT-based bed bug trapping devices and software for the hospitality industry to prevent the damage caused by bed bugs. The devices developed by Valpas attract, trap, and eliminate bed bugs, preventing harm to guests and thereby avoiding loss of accommodation opportunities and improving brand image. These devices, which replace the legs of beds and simply need to be connected online, do not use any insecticides or chemicals, thereby reducing environmental impact. Some hotels in Japan have also adopted Valpas devices. When bed bugs are trapped, hotel staff are notified.
The funding round was led by Zenith VC, with contributions from Canon Marketing Japan MIRAI Fund, Icebreaker VC, Finnish Industry Investment, Activum SG Ventures, Houghton Street Ventures, Rockaway Ventures, and Morrow Ventures.
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