CSignum, a Scottish firm specializing in wireless technology for IoT communications beneath the surface, raised £6M in Series A funding led by Archangels and other investors. The funding will be utilized to enhance the EM-2 product line, expand globally, and accelerate product development, catering to the increasing demand for reliable data transmission in underwater contexts. The company aims to grow its workforce in the UK, USA, and EU amid efforts to disrupt the underwater communication market.
CSignum has developed a truly unique technological breakthrough which could be a game-changer for those industries reliant on securing reliable data from their underwater operations.
This investment reflects the growing recognition of the critical need for innovative communication solutions in the underwater IoT sector.
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