About Wexnet
Wexnet is a Telecommunications company based in Vaxjo (Sweden) founded in 2005. Wexnet is engaged in providing fiber-based internet and related services. It operates on a Subscription Services and IoT-as-a-Service model. Wexnet offers products and services including Fiber Internet, Fiber TV, Fiber Telephony, and Smart Sensor Network. Its focus areas include Technology and Internet Service Providers. Its legal entity is Wexnet AB.
Company details
Wexnet is involved in the deployment and maintenance of fiber-optic networks across Sweden, primarily in the Kronoberg and Kalmar regions. The company offers high-speed internet, television, and telephony services to private households, businesses, and multi-dwelling units. Additionally, smart sensor networks and IoT solutions are provided to enhance digital efficiency and sustainability. Collaboration with local universities and energy companies is maintained to foster innovation and support small to medium-sized enterprises in adopting new technologies. Environmental sustainability and improved quality of life are prioritized through ongoing projects aimed at building a connected and sustainable society.
- Latest Funding Round$11.54K (USD), Grant
Dec 2022
- Investors
Products & Services of Wexnet
Wexnet offers a comprehensive portfolio of products and services, including Fiber Internet, Fiber TV, Fiber Telephony, and Smart Sensor Network.
High-speed broadband is provided with customizable speed options.
Modern TV viewing is enabled through fiber connections.
Cost-effective telephony services are delivered via fiber network.
IoT solutions are offered for efficiency and sustainability.
Funding Insights of Wexnet
- Total Rounds 1
- Last Round Grant — $11,540
- First Round $11,540
(Dec 2022)
- Investors Count 1
All 1 funding rounds of Wexnet 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 |
|---|---|---|---|---|---|
| Dec 2022 | $11,540 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Wexnet
Wexnet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Wexnet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Wexnet
2 dated milestones of Wexnet across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Wexnet is founded.
- Funding First funding round of $12K.
Web traffic of Wexnet
The website of Wexnet (wexnet.se) receives about 4.5K visits a month.
- Monthly visits4.5K
▲ 71.7% vs previous month
Websites whose visitors overlap most with Wexnet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| veab.se | 26% | 11.2K | #2,078,990 | View details |
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Related news about Wexnet
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Frequently Asked Questions about Wexnet
Wexnet was founded in 2005 and raised its 1st funding round 17 years after it was founded.
Wexnet is headquartered in Vaxjo, Sweden. It is registered at Vaxjo, Kronoberg County, Sweden.
Wexnet is involved in the deployment and maintenance of fiber-optic networks across Sweden, primarily in the Kronoberg and Kalmar regions. The company offers high-speed internet, television, and telephony services to private households, businesses, and multi-dwelling units. Additionally, smart sensor networks and IoT solutions are provided to enhance digital efficiency and sustainability. Collaboration with local universities and energy companies is maintained to foster innovation and support small to medium-sized enterprises in adopting new technologies. Environmental sustainability and improved quality of life are prioritized through ongoing projects aimed at building a connected and sustainable society.
Wexnet offers Fiber Internet, Fiber TV, Fiber Telephony, and Smart Sensor Network.
Wexnet has 1 investor. Key investors include European Union.
Wexnet operates through Wexnet Ab.