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INDUSTRY FIRST

Isotruss, Inc. Completes $4.5 Million Series A Funding Round

Mar 14, 2022over 3 years ago

Amount Raised

$4.5 Million

Round Type

series a

Springville

Description

IsoTruss, Inc., an engineering, design, and manufacturing services provider, today announced it has raised $4.5 million in a Series A funding round. The funds will be used to scale up operations and accelerate production of patented IsoTruss® carbon fiber cell towers in support of 5G rollout by telecom infrastructure providers. 5G is forecast to cover approximately 60 percent of the world’s population in 2026.*

Company Information

Company

Iso Truss

Location

Springville, Utah, United States

About

IsoTruss structures are 10x stronger than steel and 1/10 the weight of steel.

FundzWatch™ Score

72
Medium Activity