Location:
Melbourne - Greater > Victoria
Investment level:
$500,000
Type:
Business
Industry:
Commercial Services > Business services
A Melbourne-based technology company revolutionising decentralised IoT network infrastructure across developing markets and remote regions worldwide.
EXECUTIVE SUMMARY
A Melbourne-based technology company revolutionising decentralised IoT network infrastructure across developing markets and remote regions worldwide. We are seeking an investment of AUD $49 million in exchange for 16% equity to fund our global expansion, beginning with our comprehensive deployment in Cameroon.
The company has created an innovative decentralised wireless network that combines solar-powered modems, advanced IoT connectivity, and blockchain technology to provide affordable internet access in underserved markets while rewarding network contributors through a tokenised ecosystem.
HISTORY AND KEY BUSINESS MILESTONES
Initially focused on addressing banking and payment systems in Sub-Saharan Africa, the company identified a more foundational need: affordable and reliable internet connectivity.
ROADMAP AND GROWTH OPPORTUNITIES
The business rowth strategy follows a carefully sequenced approach to network deployment, technology development, and market expansion over the next five years.
More information.
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