European Investment Bank signs EUR 24 million financing for Wirepas
The European Investment Bank signed EUR 24 million in venture-debt financing for Wirepas research, development and international growth.
Evidence notes
- The European Investment Bank signed EUR 24 million in venture-debt financing with Wirepas.
- The financing supports research and development in Finland and France.
- The programme targets self-repairing large-scale wireless networks and European and international growth.
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.