What is Lynq?
Lynq Networks specializes in the development of secure, long-range connectivity solutions that operate independently of traditional cellular or satellite infrastructure. By providing a robust alternative to Bluetooth and 5G, the company enables OEMs to deploy large-scale, high-value connected device networks in environments where traditional connectivity is either unavailable or cost-prohibitive. Their technology is engineered to optimize operational efficiency, providing a reliable backbone for mission-critical applications in military, construction, and public safety sectors. As the demand for decentralized IoT networks grows, Lynq's ability to deliver simple, secure, and scalable connectivity positions it as a vital component in the digital transformation of industrial operations.
How much funding has Lynq raised?
Lynq has raised a total of $10.7M across 6 funding rounds:
Other Financing Round
$240K
Other Financing Round
$2.3M
Angel/Seed
$1.9M
Other Financing Round
$100K
Angel/Seed
$6M
Debt
$150K
Other Financing Round (2015): $240K with participation from Richard Smullen
Other Financing Round (2017): $2.3M led by Brand New Matter, Plus Eight Equity Fund LP, Angel Investor Forum, and ARC Angel Fund
Angel/Seed (2017): $1.9M supported by Plus Eight Equity Partners, Angel Investor Forum, and ARC Angel Fund
Other Financing Round (2018): $100K featuring Techstars
Angel/Seed (2020): $6M backed by Sony Innovation Fund, Equity Plus Partners, Chetrit Ventures, and ff Venture Capital
Debt (2020): $150K with participation from PPP
Key Investors in Lynq
Sony Innovation Fund
A corporate venture arm dedicated to engaging with innovative startups to fuel the development of disruptive technologies and provide access to Sony's global network.
ff Venture Capital
A leading seed and early-stage venture capital firm focused on emerging industries such as AI, manufacturing, and robotics, with a strong track record of championing founders.
Plus Eight Equity Partners
A venture capital firm that collaborates with industry leaders to invest in early-stage opportunities at the intersection of entertainment and technology.
What's next for Lynq?
With the successful completion of this major strategic investment, Lynq is poised to transition from a high-growth startup phase into a period of aggressive market penetration and product diversification. The company's roadmap likely focuses on deepening its integration with existing industrial hardware, expanding its patent portfolio, and enhancing the security protocols of its proprietary network architecture. By leveraging the expertise of its strategic partners, Lynq is expected to refine its go-to-market strategy, targeting large-scale enterprise clients that require resilient, infrastructure-agnostic communication solutions. The focus remains on maintaining a competitive edge in the rapidly evolving IoT connectivity market while scaling production to meet the increasing demand for reliable, wide-area network coverage.
See full Lynq company page
