About Shenzhen Rakwireless Technology
Shenzhen Rakwireless Technology is a company based in Shenzhen (China) founded in 2014 by Ken Yu.. Shenzhen Rakwireless Technology has raised $10 million across 1 funding round from investors including NWS Holdings and Shunwei Capital. Shenzhen Rakwireless Technology operates in a competitive market with competitors including Sigfox, Thinxtra, Senet, Ingenu and Neul, among others.
- Headquarter Shenzhen, China
- Founders Ken Yu
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Apr 26, 2021
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Investors
NWS Holdings
& 1 more
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Employee Count
Employee Count
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Funding Insights of Shenzhen Rakwireless Technology
Shenzhen Rakwireless Technology has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in April 2021. 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 1
- Last Round Series A — $10.0M
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First Round
First Round
(26 Apr 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - Shenzhen Rakwireless Technology | Valuation | NWS Holdings |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shenzhen Rakwireless Technology
Shenzhen Rakwireless Technology has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include NWS Holdings and Shunwei Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location | |
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NWS Holdings specializes in real estate and property development services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shenzhen Rakwireless Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shenzhen Rakwireless Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shenzhen Rakwireless Technology Comparisons
Competitors of Shenzhen Rakwireless Technology
Shenzhen Rakwireless Technology 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, Ingenu and Neul, 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 |
Wireless connectivity solutions for IoT and M2M devices are provided.
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| domain | founded_year | HQ Location |
Provides network solutions for IOT Applications in Australia and New Zealand
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| domain | founded_year | HQ Location |
LoRa-based connectivity solutions are provided for IoT applications.
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| domain | founded_year | HQ Location |
RPMA-based connectivity solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Wireless networks for IoT are enabled by Weightless technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shenzhen Rakwireless Technology
Frequently Asked Questions about Shenzhen Rakwireless Technology
When was Shenzhen Rakwireless Technology founded?
Shenzhen Rakwireless Technology was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Shenzhen Rakwireless Technology located?
Shenzhen Rakwireless Technology is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Who is the current CEO of Shenzhen Rakwireless Technology?
Ken Yu is the current CEO of Shenzhen Rakwireless Technology. They have also founded this company.
Is Shenzhen Rakwireless Technology a funded company?
Shenzhen Rakwireless Technology is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Apr 26, 2021.
What does Shenzhen Rakwireless Technology do?
Shenzhen Rakwireless Technology was founded in 2014 in Shenzhen, China. Transceiver modules for IoT devices are developed, along with end-to-end IoT solutions offered to customers. Manufacturing of IoT middlewares forms the core competency. Wireless modules such as SPI WiFi module, RAK811 LoRa module, RAK811 LoRa Tracker, RAK815 Hybrid Location Tracker, RAK831 Gateway Module, and WisNode-Lora are included in the product lineup. Operations focus on the IoT sector.
Who are the top competitors of Shenzhen Rakwireless Technology?
Who are Shenzhen Rakwireless Technology's investors?
Shenzhen Rakwireless Technology has 2 investors. Key investors include NWS Holdings, and Shunwei Capital.
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