About Deepwave Digital
Deepwave Digital is a company based in Philadelphia (United States) founded in 2017 by John Ferguson. Deepwave Digital has raised $5.13 million across 3 funding rounds from investors including Northrop Grumman, Ben Franklin Technology Partners and Lehigh Valley Angel Investors. Deepwave Digital offers products and services including AirStack Software and AIR-T Hardware. Deepwave Digital operates in a competitive market with competitors including Pentek, Veramasa and Deepstomp, among others.
- Headquarter Philadelphia, United States
- Founders John Ferguson
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Deepwave Digital Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.13 M (USD)
in 3 rounds
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Latest Funding Round
$2.13 M (USD), Series A
Mar 29, 2024
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Investors
Northrop Grumman
& 4 more
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Employee Count
Employee Count
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Products & Services of Deepwave Digital
Deepwave Digital offers a comprehensive portfolio of products and services, including AirStack Software and AIR-T Hardware.
Enables AI-driven RF signal processing for edge applications.
Provides high-performance computing for wireless deep learning tasks.
People of Deepwave Digital
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Funding Insights of Deepwave Digital
Deepwave Digital has successfully raised a total of $5.13M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.13 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $2.1M
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First Round
First Round
(15 Dec 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Series A - Deepwave Digital | Valuation |
investors |
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| Feb, 2021 | Amount | Seed - Deepwave Digital | Valuation | Northrop Grumman |
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| Dec, 2020 | Amount | Seed - Deepwave Digital | Valuation | Northrop Grumman , Jumpstart |
Investors in Deepwave Digital
Deepwave Digital has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Northrop Grumman, Ben Franklin Technology Partners and Lehigh Valley Angel Investors.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Early-stage investments are made in high-growth startups by this group.
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Founded Year | Domain | Location | |
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Investment and support are provided for Pennsylvania's tech-based companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deepwave Digital
Financial Statements - Deepwave Digital
Deepwave Digital Comparisons
Competitors of Deepwave Digital
Deepwave Digital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pentek, Veramasa and Deepstomp, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Embedded computer boards and DSP recording systems are supplied.
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| domain | founded_year | HQ Location |
Manufactures high-quality embedded signal processing boards for industrial use.
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| domain | founded_year | HQ Location |
Provides an open-source platform for DIY digital multi-effect stompboxes.
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Frequently Asked Questions about Deepwave Digital
Deepwave Digital was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Deepwave Digital is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
John Ferguson is the current CEO of Deepwave Digital. They have also founded this company.
Deepwave Digital is a funded company, having raised a total of $5.13M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Dec 15, 2020.
Provider of AI-based embedded digital signal processor boards. It develops and manufactures custom hardware and software solution for deep learning applications. It has developed artificial intelligence radio transceivers by integrating artificial intelligence with radio frequency, wireless systems, and is equipped with three signal processors, FPGA, and embedded CPUs. The computing enabled RF systems can be developed with multiple software platforms including radio signal processing, and deep learning neural networks. Its products reduce network bandwidth and latency. It has applications in communications, spectrum monitoring, navigation, and other RF systems.
Deepwave Digital offers AirStack Software and AIR-T Hardware.
Deepwave Digital has 5 investors. Key investors include Northrop Grumman, Ben Franklin Technology Partners, Lehigh Valley Angel Investors, Jumpstart, and Robin Hood Ventures.