What is InnoPhase?
Operating under the brand GreenWave Radios, InnoPhase specializes in the development of advanced Open RAN digital radios designed to drastically improve network energy efficiency. At the core of their technological stack is the proprietary Hermes64 RF SoC, an innovation that enables operators to optimize total cost of ownership (TCO) across diverse deployment scenarios, ranging from compact small cells to complex massive MIMO arrays. By addressing the inherent power consumption challenges of 5G, the company provides a scalable pathway for carriers to enhance operational profitability while meeting stringent sustainability mandates in the global telecommunications market.
How much funding has InnoPhase raised?
InnoPhase has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in InnoPhase
PPP
Public-Private Partnership
What's next for InnoPhase?
With this late-stage capital infusion, InnoPhase is poised to accelerate the commercial deployment of its Hermes64-based radio platforms. The strategic focus will likely shift toward expanding market penetration within the Open RAN ecosystem, where demand for cost-effective, high-performance hardware is reaching a critical inflection point. As the industry moves toward more disaggregated network architectures, InnoPhase is well-positioned to capitalize on the transition, leveraging its energy-efficient hardware to become a standard-bearer for next-generation 5G infrastructure deployments worldwide.
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