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NuRAN Wireless secures CAD 8 million in Series A financing following a Nasdaq request. The funding is an extension of the previously announced financing commitment.

PUBLIC · NRRWFAug 10, 2026about 2 hours ago

Amount Raised

$8 Million

Round Type

Series A

Quebec CityHardwareSoftware

Description

NuRAN Wireless has increased its previously announced Series A convertible preferred share financing from CAD 6.5 million to CAD 7.6 million. This follows a request from the Nasdaq Stock Market regarding the company's pending listing application. The institutional investor has expanded its commitment to CAD 7.6 million. Consequently, the board raised the authorised cap on series A convertible preferred shares from 1.7 million to 2.0 million shares.

Company Information

Company

Nuran Wireless Inc.

Location

2150 CYRILLE-DUQUET STREET

Quebec City, Quebec, Canada

About

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. With its affordable and innovative scalable solutions of 2G, 3G, and 4G technologies, NuRAN offers a new possibility for more than one billion people to communicate effectively over long distances efficiently and affordably.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations

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