About WiTech SpA
WiTech SpA was established in 2003 in Cascina, Italy, focusing on the telecom and enterprise sectors. Wireless network integration services are delivered, encompassing design, planning, optimization, operation, and managed services for telecom infrastructure. Technical consulting is also extended. The portfolio includes Fluctus for wireless sensor network management and Cloud4Wi for cloud-based WiFi solutions. Operations target clients in Europe, including telecom operators and consultancies.
- Headquarter Cascina, Italy
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Sectors
Telecommunications
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Phone
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Website
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Social
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Funding Insights of WiTech SpA
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $55,006
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First Round
First Round
(31 Oct 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Grant - WiTech SpA | Valuation |
investors |
| 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 WiTech SpA
WiTech SpA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cloud4Wi and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Location-based customer analytics are provided to offline retailers.
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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 WiTech SpA
| 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 - WiTech SpA
| 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 |
Witech Spa Comparisons
Competitors of WiTech SpA
| 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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Frequently Asked Questions about WiTech SpA
When was WiTech SpA founded?
WiTech SpA was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Where is WiTech SpA located?
WiTech SpA is headquartered in Cascina, Italy. It is registered at Cascina, Tuscany, Italy.
What does WiTech SpA do?
WiTech SpA was established in 2003 in Cascina, Italy, focusing on the telecom and enterprise sectors. Wireless network integration services are delivered, encompassing design, planning, optimization, operation, and managed services for telecom infrastructure. Technical consulting is also extended. The portfolio includes Fluctus for wireless sensor network management and Cloud4Wi for cloud-based WiFi solutions. Operations target clients in Europe, including telecom operators and consultancies.
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