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 as of December 31, 2021. Neul operates in a competitive market with competitors including Sigfox, Thinxtra, Senet, Shenzhen Rakwireless Technology and MXC Foundation, among others.
- Headquarter Cambridge, United Kingdom
- Employees 368 as on 31 Dec, 2021
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Huawei Technologies Research & Development (Uk) Limited
- Date of Incorporation 09 Sep, 2010
- Jurisdiction CAMBRIDGE, ENGLAND
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Annual Revenue
$105.92 M (USD)24as on Dec 31, 2020
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Net Profit
$7.04 M (USD)-14as on Dec 31, 2020
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EBITDA
Not available
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Total Equity Funding
$22.9 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Series B
Sep 06, 2013
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Investors
Huawei
& 5 more
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Employee Count
368
as on Dec 31, 2021
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Acquired by
Huawei
(Sep 19, 2014)
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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.
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 |
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US focused VC firm
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Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors
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Deep tech venture capital firm investing in European and global startups.
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Investor details for Neul
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Investments & Acquisitions by Neul
Investment portfolio details for Neul
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Financial Statements - Neul
Detailed financials for Neul
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Neul Comparisons
Peer comparison for Neul
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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 year | HQ Location | Description |
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| Locked | Locked | Locked |
Wireless connectivity solutions for IoT and M2M devices are provided.
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Provides network solutions for IOT Applications in Australia and New Zealand
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| Locked | Locked | Locked |
LoRa-based connectivity solutions are provided for IoT applications.
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Transceiver modules and middleware for IoT devices are provided.
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LoRa and blockchain connectivity solutions for IoT applications are provided.
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Detailed competitors of Neul
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Latest news on Neul
Complete news archive for Neul
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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.
As of Dec 31, 2021, the latest employee count at Neul is 368.
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.