krakul

What krakul does

Krakul OÜ is a Tallinn-based, end-to-end IoT and autonomous systems product development company founded in 2013 by engineers from Estonia's ESTCube-1 satellite project. The firm operates a B2B services model, delivering custom connected devices and unmanned platforms for clients across aerospace and defence, consumer IoT, logistics and mobility, marine, and energy sectors — completing over 100 international projects since inception. Its core technology stack spans embedded firmware (low-power, RTOS, multi-protocol connectivity including Mesh, M2M, LPWAN, WiFi, BLE), electronics design (miniaturised PCBs, rigid-flex, 2kV isolation), full-stack software (back-end in Python/Node.js/.NET, front-end in Vue/Angular/React, mobile, and cloud infrastructure on AWS, Google Cloud, and Azure), and mechanical engineering, all delivered under a single roof from concept through certification (CE/FCC) and mass production.

The company's revenue model is project-based professional services, with each engagement scoped to a fixed deliverable (typically €0.1M–€1M, evidenced by the ~€1M Harju Elekter EV charger contract) and complemented by ancillary revenue from manufacturing scale-up, BOM optimisation, supplier identification, and certification services. Go-to-market is direct sales-led, historically driven by the CEO and leadership team through website-sourced intro calls, referrals, industry events (Smart City Expo, electronica), and a partnership network including u-blox (certified design partner since 2022), 1oT, InCap, and Richardson-RFPD. In October 2025, Krakul launched Fuseboard, its first proprietary modular smart power distribution system, marking a strategic shift from pure services toward branded product revenue. Krakul has been a wholly-owned subsidiary of Bercman Technologies AS (Nasdaq Baltic First North) since late 2021, operating from the Väike Järve Business Building in Tallinn under a 11–50-person team led as of January 2026 by CEO Oliver Mets.

Name

krakul

Legal name

Krakul OÜ

Website

https://krakul.eu

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Krakul is a Tallinn-based B2B product development firm founded in 2013 that delivers end-to-end IoT and autonomous systems — from embedded firmware and electronics to full-stack software and mechanical design — for aerospace, defence, consumer IoT, industrial, and energy clients globally.

Ownership category

akta.pro rank

Product category

IoT Product Development Services

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Computer and Peripheral Equipment Manufacturing (3341)

SIC

Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)

akta.pro secondary industry

SCADA, Controls & Communications Integration (RTU, Fiber, Networking) (EUAEADAD)

Keywords

• IoT product development
• Embedded systems engineering
• Autonomous platform development
• Firmware development services
• Industrial IoT solutions

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Product Development Services: Krakul provides paid engineering and product development services to B2B clients, delivering IoT devices, autonomous systems, and electronics from concept through prototype to production-ready products. Revenue is generated on a project-by-project basis, typically with fixed-scope or time-and-materials contracts.
2. Manufacturing Support and Scale-up: Krakul supports clients through the production scaling phase, including BOM optimization, supplier identification, EMS partner management, component procurement, and product testing, adding incremental service revenue beyond initial development.
3. Certification and Compliance Services: Krakul offers product certification services (CE, FCC, etc.), regulatory compliance, and testing coordination as part of its end-to-end offering, bundled with development contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Krakul provides end-to-end IoT and autonomous systems product development services, delivering custom connected devices and robotics from concept through prototyping to mass production. The company covers all engineering disciplines—electronics design, embedded firmware, full-stack software, and mechanical engineering—alongside product certification (CE, FCC) and manufacturing support. Krakul also recently launched Fuseboard, its first proprietary modular smart power distribution system.

Product overview

Krakul is an IoT and autonomous systems product development company offering end-to-end engineering services — from idea analysis and system architecture through firmware, electronics, software, and mechanical design, to prototyping, testing, certification, and manufacturing. Its core offering is a services-led portfolio of custom IoT and robotics development across aerospace, defence, consumer IoT, logistics, and marine sectors. Krakul has recently entered the proprietary product market with Fuseboard, its first modular smart power distribution system. The company operates as a wholly-owned subsidiary of Bercman Technologies AS (listed on Nasdaq Baltic First North) and leverages partnerships with nodeSWAT (for combined hardware-software delivery), as well as cloud platforms AWS, Google Cloud, and Azure for IoT infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Fuseboard Krakul's first proprietary modular smart power distribution system enabling intelligent power management for smart buildings and industrial applications.
• IoT Solutions & Development Services End-to-end IoT product development services covering firmware, electronics, software, and mechanical design — from initial concept through prototyping to full-scale production, including product certification and manufacturing support.
• Autonomous Platforms Development Development of autonomous robots and unmanned systems that are aware of their surroundings and perform tasks with limited human intervention, covering aerospace, defence, logistics, and marine sectors.

Quantifiable outcome

• 100+ international product development projects completed since 2013
• +3 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• nodeSWATcoreStrategic or Co-development Partner · 27 August 2025Krakul and nodeSWAT formed a strategic partnership to deliver seamless hardware-software integration for clients under a single 'turnkey' product development solution. Krakul handles all hardware (electronics, firmware, mechanical design), while nodeSWAT handles software development (back-end, front-end, cloud). The partnership provides a single point of contact for clients, eliminating the need to coordinate between separate hardware and software vendors. A successful collaboration example is the EIRSHIELD drone defence product for Defsecintel Solutions. The partnership aims to accelerate development cycles and reduce coordination risks for clients building complex tech products.
• Harju Elekter GroupcoreStrategic or Co-development Partner · 19 November 2024Krakul signed a development contract with Harju Elekter Group AS to develop the next generation of AC EV chargers for electric vehicles. The approximately one-year project spans from prototype through mass-production-ready final product. The estimated project value is €1 million. This partnership leverages Harju Elekter's experience in electrical equipment manufacturing and Krakul's end-to-end product development capabilities, marking Krakul's expanded focus into the electric vehicle charging infrastructure sector.
• AeronescoreStrategic or Co-development Partner · 11 December 2023Krakul partnered with Latvian company Aerones to develop a prototype device that detects open circuits in wind turbine lightning protection systems. The project is funded by an €80,000 grant from the EU's Silicon Eurocluster project. The collaboration leverages Aerones' wind turbine maintenance robotics expertise and Krakul's electronics and embedded systems capabilities. The prototype uses radio communication technology to detect faults with 500mm accuracy and is expected to be market-ready following validation in mid-2024. Aerones serves over 50% of the global wind turbine market.
• u-bloxcoreTechnology or Integration · 18 May 2022Krakul signed an international design partner cooperation agreement with u-blox, a leading provider of positioning and wireless communication technologies for automotive, industrial, and consumer applications. The partnership enables Krakul to leverage u-blox's chipset and module technologies in its IoT and connected device designs, while u-blox gains a certified design partner capable of delivering u-blox-based products to end customers.
• Bercman Technologies AScoreOthersKrakul is a fully owned (100%) subsidiary of Bercman Technologies AS, a Nasdaq Baltic First North listed technology company focused on smart city and mobility technologies and IoT device development and sales internationally. Bercman acquired Krakul in late 2021. Krakul functions as Bercman's primary R&D engine, developing products that Bercman then commercializes. Krakul's CEO was changed from Kristjan Tozen to Oliver Mets in January 2026.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Cambridge Consultants: UK deep-tech product development consultancy operating across aerospace, defense, medical, and consumer IoT. Comparable to Krakul in interdisciplinary engineering culture and high-value prototype-to-production engagements, though at much larger scale.
• Haltian: Finnish IoT product development firm offering end-to-end sensor and connected-device engineering services plus proprietary products (Thingsee). Closest comparable to Krakul's custom IoT services-plus-product model, serving similar enterprise/startup customers in Nordic/Baltic markets.
• Bittium: Finnish embedded engineering and IoT services firm with established defense, medical, and industrial customers. Comparable to Krakul in embedded firmware/electronics focus and defense sector exposure, though at significantly larger scale.
• Plextek: UK-based IoT, sensor, and embedded systems design consultancy. Comparable to Krakul in custom engineering services across defense, medical, and industrial verticals, with similar 'concept-to-production' positioning.
• Sigma Connectivity: Swedish IoT and connected-product design house covering electronics, firmware, software, and mechanical engineering. Directly comparable to Krakul's full-stack 'concept-to-production' offering and similar Nordic-Baltic client base in industrial and consumer IoT.

Broad incumbents

• u-blox: Swiss positioning and wireless connectivity module provider — listed as Krakul's design partner. Comparable as an IoT enabling-technology incumbent whose chipsets power many of the device categories Krakul develops.
• TE Connectivity: Global Swiss-domiciled electronics and connector giant serving industrial, aerospace, and automotive markets. Broad incumbent across the same end-customer verticals Krakul addresses, with significantly larger R&D and scale.

Emerging players

• Estimote: US-based IoT hardware startup building Bluetooth beacons and location-aware sensors. Comparable to Krakul's consumer-IoT and Bluetooth/BLE product engineering work, though operating on a product-only (vs. services) model.
• Disruptive Technologies: Norwegian IoT sensor company with proprietary hardware products and developer ecosystem. Comparable to Krakul's Fuseboard pivot — a Nordic IoT firm evolving from custom engineering into branded product revenue.

Regional players

• Norautron: Norwegian EMS and embedded design services firm with Nordic/European customer base. Comparable to Krakul in electronics manufacturing services and embedded engineering focus, but with broader industrial EMS scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/krakul_iot
• LinkedInlinkedin.com/company/krakul

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about krakul