The capital will fuel R&D efforts across Finland and France, focusing on the company’s NR+ standard. This 5G-based protocol is engineered to handle massive device density, targeting sectors like energy distribution, manufacturing, and smart city infrastructure. By enabling self-organizing networks, Wirepas seeks to improve resilience and energy efficiency in complex environments where traditional connectivity often falters.
EIB officials framed the financing as a strategic move to bolster Europe’s digital sovereignty and promote secure, efficient technology adoption. CEO Teppo Hemiä noted that the funding provides the necessary runway to accelerate deployment for industries transitioning toward automated, data-driven operations. The investment falls under the EU’s InvestEU program and the TechEU initiative, both designed to strengthen the continent's internal technology ecosystem.
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