Ependion
Stora Varvsgatan 13 A, Malmö, Skåne län, 201 24, Sweden
Overview
Ependion is a large, international technology company that provides digital solutions for safe administration, communication, visualization, and control of data for industrial applications in settings where dependability and superior quality are essential.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Electronics
- Infrastructure
- Manufacturing
Investment portfolio
- Blu Wireless
Led · Equity · May 2024
Blu Wireless Technology has developed a wireless mmWave solution designed to deliver high bandwidth, large capacity and low latency connections. The technology operates in the unlicensed 57–71 GHz frequency band. The company’s product enables high-throughput links and is being targeted at railway communications through a newly announced partnership. Ependion’s business unit Westermo has entered a strategic collaboration with Blu Wireless to use the company’s mmWave technology in the rail market. As part of the agreement Westermo will take a seat on Blu Wireless’s board. The deal positions Blu Wireless to pursue deployments in the rail sector alongside an established onboard-networking player. Blu Wireless develops low-cost 60 GHz wireless applications and baseband IP optimized for multi-gigabit communications, advanced Wi-Fi and 4G small cell deployments. Its baseband technology uses a flexible parallel processing architecture and is currently being optimized for 802.11ad (WiGig CERTIFIED) and 4G mobile network backhaul use cases. The company plans to offer its HYDRA baseband IP under licence agreements to chipset manufacturers. Led by CEO Henry Nurser and based in Bristol, UK, Blu Wireless targets the emerging multi-gigabit market with silicon IP products. The firm raised capital to accelerate product completion and expand the team.