Tech Company Financing Transactions
Wirepas Funding Round
Highland Europe, Amalfi Capital and ETF Partners participated in a $22 million funding round for Wirepas. The financing round closed on 10/31/2023.
Transaction Overview
Company Name
Announced On
10/31/2023
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Undisclosed
Investors
Highland Europe (Lead Investor)
private investors (Vesa Laisi)
Proceeds Purpose
The company intends to use the funds to further expand its technology and solutions globally, with a focus on becoming the standard in IoT connectivity.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Visiokatu 4
Tampere, 33720
FI
Tampere, 33720
FI
Phone
Undisclosed
Website
Email Address
Overview
Wirepas vision is to enable profitable large-scale business for their customers by unique multi-hop mesh network solution in the fast growing Internet of Things market. Wirepas Pino is the only connectivity solution in the market offering deterministic performance, local radio adaptability capability and very high reliability at any scale, solvingone of the most common problems in IoT platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Margus Uudam
Chief Executive Officer
Teppo Hemiä
Chief Financial Officer
Antti Koponen
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Prev: 10/30/2023: Access Vascular venture capital transaction
Next: 10/31/2023: Redex Group venture capital transaction
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