Finnish wireless services company Wirepas raises €20.7M to expand infinitely scalable IoT networks globally

Wirepas is a company that specialises in developing scalable and reliable IoT networks. Here are details of Wirepas’ latest funding round :

🚀 Launch

2010

🏭 Industry

Wireless services

🧠Management

Teppo Hemiä (CEO), Antti Koponen (CFO), Lea Kiiski (Head of People), Sebastien Pellorce (Customer Success), Youssef Kamel (Smart Tracking), Jani Vehkalahti (Smart Grids)

💸 Funding & Investors

INVESTMENT (October 2023)€20.7 million
INVESTORS (October 2023)leb by Highland Europe with participation from new and existing investors such as Amalfi, IQT, ETF Partners, KPN Ventures, Vito Ventures, and Vesa Laisi. Inventure, Karma, and Tesi also backed the company.

🎯 Funding purpose

Global expansion

🌐 Country HQ

Finland (Pirkanmaa)

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