Wirepas raises USD 22 million for industrial IoT connectivity
Wirepas raised USD 22 million in a round led by Highland Europe to expand its low-energy mesh connectivity platform.
Evidence notes
- Highland Europe led the USD 22 million financing.
- Amalfi, IQT, ETF Partners, KPN Ventures, Vito Ventures and Vesa Laisi also participated.
- Wirepas planned to expand its technology and solutions globally for scalable industrial IoT networks.
Company context
Wirepas develops large-scale wireless mesh networking software for metering, tracking, monitoring and control. Its decentralized architecture is designed for resilient, low-power connectivity across dense industrial device fleets.