Wednesday, December 18, 2024

RAKwireless: Closes $10M Series A Funding Round

  • RAKwireless Technology Co., Ltd., a Shenzen, China-based provider of LPWA end-to-end solutions, closed a USD10m Series A funding round
  • The round was led by Hong Kong NWS Holding Limited, followed by Shunwei
  • The company intends to use the funds to advance the production of high-performing infrastructure and edge devices, and further market its IoT initiatives
  • RAKwireless deliver tools that eliminate barriers in IoT connectivity enabling innovators and commercial enterprises to build the right environment for their property.
  • The brand has held partnerships with some of the world’s leading tech players such as: Apple, Amazon, Alibaba, Tencent, and Microsoft
  • From its headquarters in Shenzhen, R&D center and office in Xi’an and Beijing, China, the brand has reached the rest of Asia, Europe, America, Australia and Africa

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

FIS to Acquire Demica for $300 Million, Expanding Global Supply Chain Finance Capabilities

Subheading FIS's acquisition of Demica aims to enhance its supply...

Societe Generale Completes First Repo Transaction on Public Blockchain with Banque de France

Subheading Societe Generale's pioneering repo transaction on the public Ethereum...

FinCrime Dynamics Secures Seed Funding to Revolutionize Financial Crime Prevention

Subheading FinCrime Dynamics raises seed funding led by Oxford Capital...

UK Regulator PSR Proposes Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) aims to introduce a...

Thoughtworks Partners with AWS to Accelerate Generative AI Adoption in Asia Pacific

Subheading Thoughtworks and AWS collaborate to drive generative AI adoption,...

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from PaxosHighlights:...

Related Articles

Popular Categories

spot_imgspot_img