What is RAKwireless?
Founded in 2014 and headquartered in Shenzhen, China, RAKwireless is a prominent provider of innovative Internet-of-Things (IoT) products. The company's technology portfolio includes WisBlock, LoRa, and Cellular LTE Technology, alongside integrations with Amazon Alexa, Wireless Video Solution, and Apple HomeKit. RAKwireless serves a global community, offering comprehensive solutions for the rapidly expanding IoT market.
How much funding has RAKwireless raised?
RAKwireless has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2021): $10M with participation from Hong Kong NWS Holding Limited and Shunwei Capital
Key Investors in RAKwireless
Hong Kong NWS Holding Limited
Hong Kong NWS Holding Limited is an entity that has participated in RAKwireless's Series A funding round. Further details on their investment focus are not publicly available.
Shunwei Capital
Shunwei Capital is a venture capital firm specializing in technology-driven industries, with a particular focus on the Internet of Things (IoT) sector. They invest in startups and growth-stage companies, aiming to support innovation and expansion in technology markets.
What's next for RAKwireless?
The recent major strategic investment signals a pivotal growth phase for RAKwireless. This capital infusion is expected to accelerate product development, expand market reach, and further solidify its position as a leader in IoT solutions. The company is poised to leverage this financing to enhance its technological offerings and capitalize on emerging opportunities within the connected device ecosystem.
See full RAKwireless company page
