What is Greenerwave?
Greenerwave is at the forefront of developing advanced satellite communication solutions, specializing in next-generation user terminals. Their flagship product, a Ku small GEO user terminal, is engineered with an electronically steerable antenna for superior size, weight, and power efficiency. Leveraging cutting-edge Reconfigurable Intelligent Surface (RIS) technology, Greenerwave enhances connectivity performance while simultaneously reducing energy consumption. This focus on efficiency and advanced capabilities positions the company as a key player in the telecommunications and satellite industries, addressing the escalating global demand for robust and flexible connectivity.
How much funding has Greenerwave raised?
Greenerwave has raised a total of $16.2M across 1 funding round:
Unspecified
$16.2M
Unspecified (2024): $16.2M with participation from iDEX - DIO, Plastic Omnium, BNP Paribas Développement, Safran, and Intelsat US
Key Investors in Greenerwave
iDEX - DIO
iDEX is an initiative by the Indian Ministry of Defence focused on fostering defense technology innovation, supporting startups and research for future adoption in critical sectors.
Plastic Omnium
Plastic Omnium is a global manufacturer of plastic goods, primarily known for its automotive external parts, tank systems, and waste containers.
BNP Paribas Développement
BNP Paribas Développement is a subsidiary of BNP Paribas that invests in SMEs and high-potential startups, supporting their long-term development with capital ranging from 1 to 20 million euros.
What's next for Greenerwave?
The substantial enterprise-level backing positions Greenerwave for significant growth and market expansion. This strategic investment is expected to accelerate the development and deployment of their satellite communication technologies, particularly their energy-efficient RIS solutions. With a clear focus on enhancing global connectivity, Greenerwave is poised to capture a larger share of the telecommunications and satellite markets. Future endeavors will likely involve scaling production, forging new industry partnerships, and further innovating their product line to meet the evolving demands of a connected world.
See full Greenerwave company page
