Javelin Startup-O Victory Fund makes new investment
Whizpace, a pioneer in TV White Space (TVWS) solutions, has obtained funding from Javelin Startup-O Victory Fund, managed out of Singapore.
“Whizpace is a unique addition to our Fund given its innovative technology and highly-experienced management team,” said Steve Davies, chief executive officer of Javelin Wealth Management.
The wealth manager set up Javelin Startup-O Victory Fund in collaboration with Startup-O.
TVWS solutions tap on unused radio frequencies in TV broadcast bands to provide an alternative wireless platform to deliver data services. Also known as Super Wi-Fi, the technologies are capable of achieving longer range communications than Wi-Fi, at a lower cost and with better penetrating capability.
Since its launch in June 2016, the firm has expanded to five countries in Asia Pacific and Africa.