Millibeam raised $3M in a Seed round led by Breakthrough Victoria to expand in Melbourne with support from Main Sequence and LaunchVic
Amount Raised
$6 Million
Round Type
Seed
SydneyEnergyWirelessInvestors
Description
Breakthrough Victoria has invested $3 million in 5G semiconductor startup Millibeam as part of a $6 million raise. The funding will allow Millibeam to expand its engineering team in Melbourne and establish a semiconductor packaging capability in Victoria.
Quick answer
Millibeam raised $6 Million in a Seed round, dated July 4, 2024. Investors: Launch Vic, Main Sequence and Breakthrough Victoria. Millibeam is based in Sydney, New South Wales, Australia.
- How much did Millibeam raise?
- Millibeam raised $6 Million in a Seed round on July 4, 2024.
- Who invested in Millibeam?
- Launch Vic, Main Sequence and Breakthrough Victoria are named as investors in this round.
- What does Millibeam do?
- MILLIBEAM is enabling the world's most energy-efficient and low-cost 5G radios through advances in chipset design and radio architectures.
- Where is Millibeam based and how big is it?
- Millibeam is based in Sydney, New South Wales, Australia. Fundz records about 16 employees.
- Who are the decision-makers at Millibeam?
- Fundz holds 1 contact at Millibeam. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Wireless around the same time
Companies in the same sectors as Millibeam that raised within 45 days of this round, from Fundz verified event records.
- Digi Power X Inc. raised $4M (Seed) on August 15, 2024.
- VulcanX Energy raised $2M (Funding Round) on August 15, 2024.
- DeCarice raised an undisclosed amount on August 15, 2024.
- Svante raised $100M (Convertible Note) on August 15, 2024.
- Aalo raised $27M (Series A) on August 15, 2024.
- DRIFT Energy raised $6.4M (Series A) on August 14, 2024.
Who to call at Millibeam, and when
A new round usually means Millibeam is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Millibeam raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Millibeam, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Millibeam. With Fundz connected, it knows.
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Fundz sees it the moment Millibeam raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Millibeam raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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