Avery Dennison Invests $75M in IoT Startup Wiliot

Deal Summary

Avery Dennison announced a strategic investment of $75 million in Wiliot, a Bluetooth low‑energy IoT solutions provider. The funding aims to deepen Avery Dennison’s partnership with Wiliot as its preferred commercial partner for intelligent labels across retail, food, and logistics. The deal was disclosed during Avery Dennison’s Q1 2026 earnings call.