Wirepas
About
About Wirepas
Wirepas develops decentralised wireless mesh software for large fleets of low-power devices. Each node makes local routing and network-management decisions, allowing connectivity to expand without a central radio controller becoming a capacity or failure bottleneck.
The protocol runs on multiple chipsets and supports remote firmware updates, gateways and cloud APIs. Layered hop-by-hop and end-to-end encryption protect traffic, while multi-vendor interoperability supports shared networks. Applications include smart metering, asset tracking, lighting, industrial monitoring and control across dense sites with thousands or millions of endpoints.
Funding
- 2026-05-27 - Venture debt - $27.7M - European Investment Bank signs EUR 24 million financing for Wirepas
The European Investment Bank signed EUR 24 million in venture-debt financing for Wirepas research, development and international growth. - source: eib.org
- 2023-10-31 - Growth financing - $22M - Wirepas raises USD 22 million for industrial IoT connectivity
Wirepas raised USD 22 million in a round led by Highland Europe to expand its low-energy mesh connectivity platform. - source: wirepas.com
- 2021-09-01 - Growth financing - Wirepas secures approximately EUR 10 million for non-cellular 5G
Wirepas secured approximately EUR 10 million from Karma Ventures and Tesi to accelerate a non-cellular 5G connectivity product. - source: wirepas.com
Investors
- Amalfi - Participant - Unknown - 1 funding event - first seen 2023-10-31
- ETF Partners - Participant - VC - 1 funding event - first seen 2023-10-31
- European Investment Bank - Lead - Government / Public - 1 funding event - first seen 2026-05-27
- Highland Europe - Lead - Angel / Individual - 1 funding event - first seen 2023-10-31
- IQT - Participant - Unknown - 1 funding event - first seen 2023-10-31
- Karma Ventures - Participant - VC - 1 funding event - first seen 2021-09-01
- KPN Ventures - Participant - VC - 1 funding event - first seen 2023-10-31
- Tesi - Participant - Unknown - 1 funding event - first seen 2021-09-01
- Vesa Laisi - Participant - Angel / Individual - 1 funding event - first seen 2023-10-31
- Vito Ventures - Participant - VC - 1 funding event - first seen 2023-10-31
Timeline
Events
- 2026-05-27 - Funding - European Investment Bank signs EUR 24 million financing for Wirepas
The European Investment Bank signed EUR 24 million in venture-debt financing with Wirepas. The financing supports research and development in Finland and France. The programme targets self-repairing large-scale wireless networks and European and international growth.
Source - 2023-10-31 - Funding - Wirepas raises USD 22 million for industrial IoT connectivity
Highland Europe led the USD 22 million financing. Amalfi, IQT, ETF Partners, KPN Ventures, Vito Ventures and Vesa Laisi also participated. Wirepas planned to expand its technology and solutions globally for scalable industrial IoT networks.
Source - 2021-09-01 - Funding - Wirepas secures approximately EUR 10 million for non-cellular 5G
Existing investors Karma Ventures and Tesi supplied approximately EUR 10 million. The capital was directed toward development of Wirepas non-cellular 5G technology. Wirepas targeted a 2022 commercial launch for the standards-based connectivity product.
Source