About Neul
Neul is a company based in Cambridge (United Kingdom) founded in 2010 was acquired by Huawei in September 2014. Neul has raised $22.9 million across 4 funding rounds from investors including Huawei, Draper Esprit and DFJ. The company has 368 employees. Neul operates in a competitive market with competitors including Sigfox, Thinxtra, Senet, Shenzhen Rakwireless Technology and MXC Foundation, among others.
Funding Insights of Neul
Neul has successfully raised a total of $22.9M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in September 2013. 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 $22.9M
- Total Rounds 4
- Last Round Series B — $5M
- First Round $12.8M
(Jun 2011)
- Investors Count 5
All 4 funding rounds of Neul with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $5M | Series B | – | – | – |
| Nov 2012 | $100,000 | Private Equity Round | – | – | |
| Sep 2012 | $5M | Series A | – | – | |
| Jun 2011 | $12.8M | Series A | – | Draper Esprit |
6 investors in total: 6 institutional.
Investors in Neul
Neul has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Huawei, Draper Esprit and DFJ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm | – | dfj.com | Menlo Park, United States | |
Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors | – | mitsui-global.com | Menlo Park, United States | |
Deep tech venture capital firm investing in European and global startups. | – | iqcapital.vc | - | |
Stage agnostic VC firm investing globally | 2004 | draperesprit.com | London, United Kingdom | |
- | – | cambridgeangels.org | - | |
Hybrid cloud platforms and networking solutions are provided globally. | 1987 | huawei.com | Shenzhen, China |
Investor details for Neul
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Timeline of Neul
4 dated milestones of Neul across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Neul is founded.
- Funding First funding round of $12.8M.
- Funding Latest funding round, Series B, of $5.0M.
- Exit Acquired by Huawei.
Competitors of Neul
Neul 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 Sigfox, Thinxtra, Senet, Shenzhen Rakwireless Technology and MXC Foundation, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sigfox.com | 2009 | Toulouse, France | $405.54M | – | Wireless connectivity solutions for IoT and M2M devices are provided. | |
| thinxtra.com | 2015 | Alexandra, Australia | $22.48M | – | Provides network solutions for IOT Applications in Australia and New Zealand | |
| senetco.com | 2009 | Portsmouth, United States | $61.86M | 34 | LoRa-based connectivity solutions are provided for IoT applications. | |
| rakwireless.com | 2014 | Shenzhen, China | $10M | – | Transceiver modules and middleware for IoT devices are provided. | |
| mxc.org | 2018 | Kingstown, Saint Vincent And The Grenadines | $10M | 16 | LoRa and blockchain connectivity solutions for IoT applications are provided. | |
| zifisense.com | 2013 | Shanghai, China | $11.37M | – | Low-powered wide area networks for IoT sensors are provided. | |
| ingenu.com | 2008 | San Diego, United States | $101.08M | 77 | RPMA-based connectivity solutions for IoT applications are provided. | |
| thethingsindustries.com | 2016 | Amsterdam, Netherlands | – | – | LoRaWAN network server software and support services are provided. |
Detailed competitors of Neul
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Web traffic of Neul
Websites that share an audience with Neul (neul.com).
Websites whose visitors overlap most with Neul. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
weightless.org | weightless.org | 100% | – | – | – |
thecloud.net | thecloud.net | 82% | – | #925,106 | – |
| lagan.com | 82% | – | – | View details | |
fiercewireless.com | fiercewireless.com | 57% | – | #8,694,369 | – |
| limemicro.com | 54% | 13.8K | #1,664,940 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Neul
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- 15 similar websites
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Latest news on Neul
Complete news archive for Neul
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Neul
10 companies that operate in the same segment as Neul (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about Neul
Neul was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Neul is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Neul is a funded company, having raised a total of $22.9M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12.8M, raised on Jun 2011.
Neul has 368 employees.
Annual revenue of Neul is $105.92M as on Dec 31, 2020.
Neul (Acquired by Huawei) is a Cambridge based startup which developed Weightless air interface which was initially for TV White Space where co-existence is a key metric but they now target narrowband WAN links. It can operate in a licensed or license-exempt spectrum. As an enabler for their business, they produced the first single-chip basebandRF implementation of the Weightless standard, Iceni. This sub-GHz, frequency agile RF transceiver is capable of supporting the advanced modulation schemes and spreading modes employed by the Weightless standard to deliver ubiquitous coverage and sufficient cell capacity. This technology is capable of leveraging very small slices of spectrum to deliver high scalability, high coverage, low-power and low-cost wireless networks for the Internet of Things.
Neul has 6 investors. Key investors include Huawei, Draper Esprit, DFJ, Mitsui Global Investment, and IQ Capital.
Neul operates through Huawei Technologies Research & Development (Uk) Limited.
Yes. Neul was acquired by Huawei in September 2014.