Millibeam $2.6m grant

THE BUSINESS

Millibeam is a fabless semiconductor company with a mission to bring advanced mmWave wireless networks and connectivity solutions to mass adoption at a fraction of what it costs today.

 

A HUGE OPPORTUNITY

Millibeam’s 5G Solution Platform, FARBEAM, enables a 5x cost reduction for advanced telecom networks through innovation in radio architectures, semiconductor chips and antennas. FARBEAM will enable telecom companies to achieve a 10x longer signal range thereby reducing the number of required base-stations.

 

THE FOCUS OF THE GRANT APPLICATON

The Australian Government’s Industry Growth Program support will help Millibeam commercialise FARBEAM and achieve a TRL8, field-tested and manufacturable prototype, with 4 new patents, a proven value proposition and customer preorders.

 

THE RESULT

With the help of Scale Impact, Millibeam has been successful in securing $2.6m from the Industry Growth Program. This significant contribution will help Millibeam in their mission of bringing next generation connectivity on a global scale through leaps in energy efficiency and radio coverage.

 

HERE’S WHAT THE CLIENT THINKS OF OUR WORK
 
“We couldn’t have got Industry Growth Program funding without SCALE IMPACT.”
 
“Without this funding, we wouldn’t have been able to bring this technology to market.”

 – Venkata Gutta, Millibeam CEO & Founder

If you’re scaling your business and need the right funding strategy without sacrificing executive time, let Scale Impact help you secure non-dilutive funding to accelerate your commercialisation journey.
 
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