What is Blu Wireless?
Blu Wireless is recognized as a pioneer in millimeter-wave (mmWave) communications technology, specializing in the development and provision of advanced wireless networking equipment. The company's core competency lies in enabling multi-gigabit connectivity, addressing the increasing demand for high-speed data transfer in various applications. Their solutions are critical for next-generation wireless infrastructure, positioning them as a leader in the rapidly evolving telecommunications sector.
How much funding has Blu Wireless raised?
Blu Wireless has raised a total of $6.2M across 2 funding rounds:
Unspecified
$3.1M
Private Equity
$3M
Unspecified (2013): $3.1M with participation from London Business Angels, Angel Co-Fund, Wren Capital, and Qi3 Accelerator
Private Equity (2017): $3.1M led by Calculus Capital
Key Investors in Blu Wireless
London Business Angels
London Business Angels is an investment network that supports early-stage businesses. They connect entrepreneurs with angel investors to provide capital and expertise, fostering growth in promising ventures.
Angel Co-Fund
Angel CoFund is a £100M investment fund dedicated to supporting promising UK businesses through angel and co-investment. The fund collaborates with sector-focused angel investors to align interests and enhance the investment process.
Wren Capital
Wren Capital is an angel investor specializing in science, engineering, and software, founded in 2011 with over 60 investments. They focus on sectors such as software, semiconductors, and medical devices, requiring technical ingenuity.
What's next for Blu Wireless?
With a history of securing substantial capital, Blu Wireless is strategically positioned for continued growth and innovation in the mmWave communications market. The recent enterprise-level funding, alongside previous investments, suggests a focus on scaling operations, expanding market reach, and further developing their cutting-edge wireless networking technology. This backing will likely fuel advancements in their product portfolio and support the deployment of their solutions in key global markets, reinforcing their leadership in high-speed wireless connectivity.
See full Blu Wireless company page
