- 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