Fairwaves

Moscow, Russia Founded: 2011 • Age: 15 yrs
Low-cost open source equipment is provided for rural mobile operators.
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About Fairwaves

Fairwaves is a company based in Moscow (Russia) founded in 2011.. Fairwaves has raised $118 thousand across 1 funding round from investors including Techstars. Fairwaves offers products and services including Community Cellular Network, Private Mobile Network, Emergency Mobile Network, and Customized Products. Fairwaves operates in a competitive market with competitors including Vanu, Endaga, Range Networks, Amarisoft and Air-Lynx, among others.

  • Headquarter Moscow, Russia
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fairwaves Inc.
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
    $655.96 (USD)
    -97
    as on Dec 31, 2023
  • Net Profit
    $-8.77 K (USD)
    -5
    as on Dec 31, 2023
  • EBITDA
  • Total Equity Funding
    $118 K (USD)

    in 1 rounds

  • Latest Funding Round
    $118 K (USD), Seed

    Sep 26, 2014

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Fairwaves

Fairwaves offers a comprehensive portfolio of products and services, including Community Cellular Network, Private Mobile Network, Emergency Mobile Network, and Customized Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables mobile networks for rural communities with GSM integration.

Replaces PMR systems for customized private communications.

Supports rapid deployment for crisis situations and connectivity.

Delivers tailored mobile technologies for specific user needs.

People of Fairwaves
Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Sergey Kostanbaev
Founder & Head of Engineering
People
Ivan Kluchnikov
R&D
People
Andy Avtushenko
Tech Support

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Teams

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Funding Insights of Fairwaves

Fairwaves has successfully raised a total of $118K through 1 strategic funding round. The most recent funding activity was a Seed round of $118 thousand completed in September 2014. 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 Rounds 1
  • Last Round Seed — $118,000
  • First Round

    (26 Sep 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2014 Amount Seed - Fairwaves Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fairwaves

Fairwaves has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fairwaves

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fairwaves

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fairwaves Comparisons

Employees
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Competitors of Fairwaves

Fairwaves 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 Vanu, Endaga, Range Networks, Amarisoft and Air-Lynx, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Software Radio Access Network solutions to enable coverage
domain founded_year HQ Location
Cellphone networks are enabled for setup using Endaga's hardware.
domain founded_year HQ Location
Software-defined RAN solutions are provided for rural mobile networks.
domain founded_year HQ Location
4G LTE network solutions are provided to telecom industry.
domain founded_year HQ Location
4G LTE private networks are supplied for professional communications.
domain founded_year HQ Location
Networking products are designed and manufactured for telecom operators.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fairwaves

Frequently Asked Questions about Fairwaves

When was Fairwaves founded?

Fairwaves was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Where is Fairwaves located?

Fairwaves is headquartered in Moscow, Russia.

Is Fairwaves a funded company?

Fairwaves is a funded company, having raised a total of $118K across 1 funding round to date. The company's 1st funding round was a Seed of $118K, raised on Sep 26, 2014.

What is the annual revenue of Fairwaves?

Annual revenue of Fairwaves is $655.96 as on Dec 31, 2023.

What does Fairwaves do?

Fairwaves manufactures and sells low-cost open source equipment and turnkey solutions for small mobile operators to start services in rural areas and achieve profitability. Its product rugged BTS is a Network-in-a-Box integrating BSC, MSC, VLR, HLR and SMSC in a single device. Its product is based on distributed VoIP core that benefits from local switching rather than a centralized acrchitecture.

Who are the top competitors of Fairwaves?

Fairwaves's top competitors include Vanu, Amarisoft and Vihaan Networks.

What products or services does Fairwaves offer?

Fairwaves offers Community Cellular Network, Private Mobile Network, Emergency Mobile Network, and Customized Products.

Who are Fairwaves's investors?

Fairwaves has 1 investor. Key investors include Techstars.

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