What is Deepwave Digital?
Deepwave Digital specializes in the development of integrated hardware and software solutions designed to enhance wireless system performance through the application of deep learning. Their flagship product, the AIR-T, offers a user-friendly software-defined radio platform for implementing neural networks within wireless radio systems. The company provides enterprise-level sensor solutions catering to a broad spectrum of radio frequency (RF) and wireless system enterprises. By merging traditional methodologies with advanced artificial intelligence (AI) and deep learning, Deepwave Digital addresses complex challenges in telecommunications, spectrum management, defense, and aerospace. The AIR-T product line has proven to be a valuable asset in various aerospace and defense applications, including cognitive radio, signal detection, classification, and localization.
How much funding has Deepwave Digital raised?
Deepwave Digital has raised a total of $3.6M across 3 funding rounds:
Angel/Seed
$3M
Debt
$136K
Debt
$442K
Angel/Seed (2020): $3M with participation from Robin Hood Ventures, Ben Franklin Technology Partners Companies, Northrop Grumman, The Lehigh Valley Angel Investors Co, and Jumpstart NJ Angel Network
Debt (2021): $136K led by PPP
Debt (2025): $442K, investors not publicly disclosed
Key Investors in Deepwave Digital
Robin Hood Ventures
Robin Hood Ventures is a prominent angel investment group focused on early-stage, high-growth startups, providing capital and guidance across various industries.
Northrop Grumman
Northrop Grumman is a global aerospace and defense technology company, providing advanced systems and solutions to government and commercial clients.
Jumpstart NJ Angel Network
Jumpstart NJ Angel Network is a leading angel group in New Jersey, investing in early-stage technology companies and fostering relationships within the venture capital community.
What's next for Deepwave Digital?
The recent major strategic investment positions Deepwave Digital for accelerated growth and market penetration. This capital infusion is expected to fuel further research and development, enhance product capabilities, and expand the company's reach into critical sectors like defense and aerospace. Strategic partnerships and continued innovation in AI-driven wireless solutions will likely be key to leveraging this financing for sustained market leadership and technological advancement.
See full Deepwave Digital company page