What is NeWave RFID?
NeWave RFID, based in Columbus, Ohio, is a technology firm specializing in advanced RFID solutions. Their product portfolio includes patented wave antenna technology, plug&play portals, smartShelf, and the smartInventory Management System (SIMS). These offerings are engineered to revolutionize inventory management by significantly improving item-level tag read rates and ensuring consistent accuracy. The company operates through a network of RFID partners, facilitating global distribution of its technology to a diverse clientele, with a particular focus on retailers and businesses requiring robust inventory control.
How much funding has NeWave RFID raised?
NeWave RFID has raised a total of $36K across 1 funding round:
Debt
$36K
Debt (2021): $36K with participation from PPP
Key Investors in NeWave RFID
PPP
Public-Private Partnership
What's next for NeWave RFID?
With the recent substantial expansion capital, NeWave RFID is poised for accelerated growth. The company's strategic focus will likely involve scaling its operations, enhancing its patented wave antenna technology, and broadening its market reach through its established partner network. This investment is expected to fuel further innovation in inventory management systems, solidifying NeWave RFID's position as a key player in the RFID solutions sector.
See full NeWave RFID company page
