DecaWave Raises €2M
Summary
DecaWave Limited , a Dublin, EIRE- based early stage semiconductor company, has received a €2m in funding.Its flagship product is ScenSor, whose chip is designed to solve a wide range of problems including how to identify and accurately track the specific location of any object or person, utilizing low power, low cost wireless-enabled sensors.Based on its patented ultra wideband (UWB) technology, the company’s products have applications in different fields including health, manufacturing, safety and security.DecaWave has already established a Partnership Agreement with leading Korean telecommunications company, LG Innotek who will manufacture modules based on DecaWave’s ScenSor chips.The company currently employs 18 people and a number of contractors based in Dublin, France, the United States and Asia.