What is Blu Wireless?
Blu Wireless is recognized as a pioneer in the field of mmWave communications, specializing in the development and provision of advanced wireless networking equipment. The company's core competency lies in enabling multi-gigabit connectivity, addressing the escalating demand for high-speed data transmission in various applications. Their technology is crucial for next-generation wireless infrastructure, positioning them as a key enabler of future communication networks.
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 Angel Co-Fund, London Business Angels, Wren Capital, and Qi3 Accelerator
Private Equity (2017): $3.1M led by Calculus Capital
Key Investors in Blu Wireless
Angel Co-Fund
Angel CoFund is a UK-focused investment fund that partners with angel investors to support promising businesses. They specialize in co-investment, aiming for capital growth by backing exceptional entrepreneurs across various sectors.
Wren Capital
Wren Capital is an angel investor with a focus on science, engineering, and software companies. They typically invest between £50,000 to £200,000 per round, backing innovative ventures in sectors like semiconductors and medical devices.
Calculus Capital
Calculus Capital is an investment manager that provides growth capital for UK smaller companies, managing VCTs and EIS funds. They invest in high-growth technology, healthcare, and creative industries, offering diversified portfolios to private investors.
What's next for Blu Wireless?
With a history of strategic investment, Blu Wireless is well-positioned for its next phase of expansion. The recent enterprise-level funding, following previous rounds that attracted notable backers, suggests a strong market validation and confidence in the company's technological prowess and business model. This capital injection will likely fuel further research and development, enhance manufacturing capabilities, and expand their global market reach, solidifying their leadership in the high-speed wireless sector.
See full Blu Wireless company page
