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Myriota Raises $19.3M USD in Series B Funding to Grow Its Satellite Network to Support Billions of Devices

Apr 06, 2020•over 5 years ago

Amount Raised

$19 Million

Round Type

series b

Adelaide

Description

Myriota, the world leader in low-cost and low-power satellite connectivity for the Internet of Things (IoT), announced a $19.3M USD Series B funding round led by Hostplus and Main Sequence Ventures. Additional investors include In-Q-Tel, Inc., Right Click Capital, Singtel Innov8, Boeing HorizonX, South Australian Venture Capital Fund, and Malcolm Turnbull – the former Australian Prime Minister who led the government that established the Australian space agency in 2017. This latest round of funding brings Myriota’s total funding to more than $37M USD.

Company Information

Company

Myriota

Location

Adelaide, South Australia, Australia

About

Myriota has pioneered a new way to retrieve data from anywhere on earth, either on land or at sea. In a landmark partnership with Spire Global, Myriota will deliver near real-time IoT connectivity by the end of 2022! Leveraging years of customer focused R&D and an extensive suite of patented innovations, Myriota delivers secure, low-cost, long-battery life satellite IoT connectivity.

Company News

(10 articles)
Wed, 05 Mar 2025 08:00:00 GMT

Myriota Partners with Viasat to Launch Myriota HyperPulseTM the first 5G NTN Service Optimized for IoT Sensing - IoT For All

Wed, 30 Apr 2025 07:00:00 GMT

Myriota Expands Agreement with Spire Global to Scale its IoT Constellation with 16 More Satellites - Business Wire

Wed, 02 Apr 2025 10:13:43 GMT

Myriota expands satellite IoT constellation with successful launch - IoT News

Thu, 17 Apr 2025 07:00:00 GMT

Satellite IoT to transform South Australian resource monitoring - IT Brief Australia

Mon, 06 Jan 2025 08:00:00 GMT

Adelaide-based IoT firm Myriota raises $50m - spaceconnectonline.com.au

Tue, 21 May 2024 07:00:00 GMT

Myriota launches rapidly deployable satellite IOT hardware platform - IoT Business News

Thu, 27 Feb 2025 08:00:00 GMT

IoT Pioneers Myriota and Nordic Semiconductor bring to life low power, global 5G aligned IoT connectivity - Total Telecom

Sat, 10 Jun 2017 09:03:39 GMT

Myriota - Crunchbase

Wed, 02 Apr 2025 07:00:00 GMT

Myriota launches four new LEO nanosatellites to expand IoT coverage - Capacity Media

Mon, 19 Aug 2019 07:00:00 GMT

Myriota and Optus Business add terrestrial connectivity to satellite IoT plans - ZDNET

FundzWatch™ Score

32
Medium Activity
4 total signals

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