(IN BRIEF) The European Investment Bank is providing €24 million in venture debt financing to Wirepas, a Finnish deep-tech company developing wireless connectivity software for large-scale industrial and commercial Internet of Things applications. Backed by the InvestEU programme and aligned … Read the full press release →
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Energy, Gas & Oil, European Union, Financial, Finland, France, Government, Infrastructure & Utilities, Internet & Online, Investment, Luxembourg, Management, Technology, Telecom
Tagged buildings, cities, commercial IoT, Critical Infrastructure, digital infrastructure, digital sovereignty, EIB, EIF, energy grids, energy-efficient technologies, European Investment Bank, European Investment Fund, European Tech Champions Initiative, factories, Finland, Finnish deep-tech company, France, Industrial Internet of Things, Industrial Transformation, innovation financing, InvestEU, IoT, large-scale wireless networks, massive infrastructure networks, NR, open 5G standard, real-time data, research and development, resilient connectivity, secure connectivity, self-repairing networks, startup financing, TechEU, technological innovation, Teppo Hemiä, venture debt, wireless connectivity, Wirepas, Wirepas Receives EIB Financing to Accelerate Self-Repairing Wireless Connectivity for Industrial IoT, Wirepas Secures €24 Million EIB Financing to Scale Industrial IoT Connectivity Software in Europe, Wirepas to Expand Industrial IoT Innovation in Finland and France with €24 Million EIB Venture Debt Financing, Yu Zhang
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