Amount Raised
$18 Million
Round Type
Venture
CanadaHardwareSoftwareDescription
QUEBEC, QC / October 6, 2022 / NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTC PINK:NRRWF)(FSE:1RN), a leading rural telecommunications company, is pleased to announce that the European Investment Bank ("EIB") has formally approved its previously announced senior credit facility (the "Loan Facility") of NuRAN for a total of US$18,000,000 on October 5th. The approval is the culmination of extensive project due diligence as well as a number of requirements of the EIB which NuRAN management has been working towards over the last several months. This approval is also expected to trigger the release of an additional EUR 8,000,000 senior secured credit facility with a second development finance institution (DFI) for which final approval has already been granted as previously announced on July 12, 2022
Quick answer
Nuran Wireless Inc. raised $18 Million in a funding round, dated October 6, 2022. Nuran Wireless Inc. is based in Canada.
- How much did Nuran Wireless Inc. raise?
- Nuran Wireless Inc. raised $18 Million in a funding round on October 6, 2022.
- What does Nuran Wireless Inc. do?
- NuRAN Wireless is a leading rural mobile telecommunications company that meets the growing demand for wireless network coverage in remote and rural regions around the globe.
- Where is Nuran Wireless Inc. based and how big is it?
- Nuran Wireless Inc. is based in Canada. Fundz records about 41 employees.
- Who are the decision-makers at Nuran Wireless Inc?
- Fundz holds 2 contacts at Nuran Wireless Inc., including the Head of Growth & Creative Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Software around the same time
Companies in the same sectors as Nuran Wireless Inc. that raised within 45 days of this round, from Fundz verified event records.
- AURA Network Systems raised $75M (Funding Round) on November 14, 2022.
- Fathom raised $46M on November 4, 2022.
- Icertis raised $150M (Funding Round) on October 31, 2022.
- AURA Network Systems raised $30M on October 28, 2022.
- Second Front Systems raised $19M on October 28, 2022.
- Axelera AI raised $27M (Funding Round) on October 25, 2022.
Who to call at Nuran Wireless Inc., and when
A new round usually means Nuran Wireless Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Nuran Wireless Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nuran Wireless Inc., from your own LinkedIn network
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Related People
Nuran Wireless Inc. 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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