/Pharrowtech raises €15 million in Series A funding to develop world's first viable wireless alternative for optical fiber

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Pharrowtech raises €15 million in Series A funding to develop world's first viable wireless alternative for optical fiber

Investment will accelerate go-to-market for the company's cutting-edge gigabit-per-second wireless solutions for internet access, consumer applications, 5G, smart cities, and more

For more information, go to www.pharrowtech.com, or contact info@pharrowtech.com for general enquiries or press@pharrowtech.com for media contacts.

About Pharrowtech  

Pharrowtech designs and develops mmWave radio frequency (RF) technology for next-generation wireless applications, with products including RFIC semiconductors, phased antenna arrays and software solutions. Pharrowtech’s leading products serve fast growing markets including broadband 5G Fixed Wireless Access (FWA), consumer electronic (CE) products such as virtual reality (VR) headsets and TVs, as well as smart city IoT applications. 

www.pharrowtech.com

About Innovation Industries

Innovation Industries is a leading deep tech VC fund that invests in Deep Tech, MedTech and Agri-food tech. Its team lives and breathes technology, with diverse and complementary backgrounds in (bio)physics, physiology, chemistry, engineering, and more, combined with extensive industry experience. Industrial Industries have a hands-on approach, actively supporting its portfolio companies.

https://www.innovationindustries.com/

About imec.Xpand  

Imec.xpand is an early stage and growth venture capital fund with a game-changing approach to turn hardware driven nanotechnology innovation into successful global companies. The fund is independently managed by a team of entrepreneurs, seasoned venture capitalists and business experts and is targeting ambitious tech start-ups that meet all the criteria to become a successful, scalable venture with the potential to change the world. 

http://www.imecxpand.com/

About Bloc Ventures  

Bloc Ventures, founded by industry veterans from ARM and Vodafone, is an investment company which targets early stage ‘deep’ technology companies, working with them closely to build world leaders. Structured to identify and build on compelling investment opportunities, Bloc’s collaborative approach creates long term value and mitigates risk for investors.  

www.blocventures.com

About KBC Focus Fund  

The KBC Focus Fund is a € 50 million venture capital fund that focuses on deeptech. We have the ambition to boost the sector of nanotechnology, microelectronics and IoT. We mainly focus on Belgium and surrounding countries where well-known expertise centers in this technological area are located. 

The KBC Focus Fund leverages on the network and expertise of KBC Group and is managed by KBC Securities. KBC Securities has a solid knowledge of the tech ecosystem in Belgium and beyond with experienced teams in the M&A, Corporate Finance and Research & Sales departments. As part of KBC Group, the KBC Focus Fund aims to be long-term partners for entrepreneurs.   

 www.kbcsecurities.com/investment-services/kbc-focus-fund

About imec

Imec is a world-leading research and innovation center in nanoelectronics and digital technologies. Imec leverages its state-of-the-art R&D infrastructure and its team of more than 5,000 employees and top researchers, for R&D in advanced semiconductor and system scaling, silicon photonics, artificial intelligence, beyond 5G communications and sensing technologies, and in application domains such as health and life sciences, mobility, industry 4.0, agrofood, smart cities, sustainable energy, education, … Imec unites world-industry leaders across the semiconductor value chain, Flanders-based and international tech, pharma, medical and ICT companies, start-ups, and academia and knowledge centers. Imec is headquartered in Leuven (Belgium), and has research sites across Belgium, in the Netherlands,  and the USA, and offices in China, India, Taiwan and Japan. In 2020, imec’s revenue (P&L) totaled 680 million euro.  

www.imec-int.com