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ETF Digest

Wirepas raises $22 million to build low-cost, low-energy scalable IoT networks for global enterprise

Posted

3 November 2023

Categories

We are thrilled to announce some exciting news today! Our portfolio company, Wirepas, a global player in IoT connectivity and innovation, has successfully raised a $22 million investment to accelerate its growth. This marks a significant step towards expanding the wireless connectivity revolution to more enterprises worldwide.

And, as Wirepas rightly notes, delivering top-notch IoT solutions takes a village. As such, we’re thrilled to be investing and supporting the business alongside Highland Europe, Amalfi, IQT, KPN Ventures, Vito Ventures, and Vesa Laisi.

We are proud to be part of Wirepas’ journey and look forward to seeing their continued success.

Congratulations to the entire Wirepas team on this great achievement!

For more details, check out the full press release HERE.