TooMuchWifi secures foreign direct investment
Summary
TooMuchWifi secured funding from British International Investment, Infra Impact Investment Managers, and IDF Capital. The company plans to use the capital to expand its internet services into underserved South African communities and grow its team. It says it already serves more than one million customers across over 75 communities. The company also recently appointed a new head of network design and optimisation to support its scaling efforts.
Funding
Amount
None
Total raised
Date
May 30, 2025
Announcement date
Investors
IDF CAPITAL, Maison Galaxy
Lead investors
Company
-
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected