Portfolio
3
companies
Beam
Beam operates a shared micromobility network across cities in the Asia Pacific region.
EdgeQ
EdgeQ builds a compact 5G and artificial intelligence base station on a chip for wireless infrastructure.
Riverlane
Riverlane builds quantum error correction technology to remove hardware errors.
The Series C round was led by Planet First Partners to support scaling and technological roadmaps.
"Quantum error correction is the critical enabler for the industry’s next huge wave of progress, from today’s small error-prone machines to large and reliable quantum computers that will start a new age of human progress as significant as the digital revolution."
The financing round was backed by institutional and strategic investors including Phaistos Investment Fund and Strategic Development Fund.
"It is really exciting to see a rich mix of institutional and strategic investors validate the mission and spirit of EdgeQ. We are here to empower and enable new players, new participants, and new providers of 5G connectivity and internet access in simplistic, affordable terms,"
Affirma Capital led the round to support new market entry and safety technology development.
"Micromobility has taken cutting edge safety systems such as Beam’s MARS technology and implemented them onto small electric vehicles such as e-scooters, e-bikes, and e-mopeds to help cities flow better for everyone. We are extremely excited to partner with a visionary fund such as Affirma Capital to bring lower cost, greener, and safer mobility for cities across APAC."
