Pharrowtech
Financials
Estimates*
EUR | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
EBITDA | (<1m) | <1m | (1.6m) | - |
Profit | (1.2m) | <1m | (2.0m) | (17.5m) |
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Spinout | |
$6.8m | Seed | ||
* | €15.0m | Series A | |
* | €5.0m | Early VC | |
* | €2.5m | Grant | |
Total Funding | €28.7m |
Related Content
Recent News about Pharrowtech
EditPharrowtech designs and develops advanced mmWave radio frequency (RF) technology for next-generation wireless applications. The company offers a range of products including RFIC semiconductors, phased antenna arrays, and software solutions. Pharrowtech serves fast-growing markets such as broadband 5G Fixed Wireless Access (FWA), consumer electronics like virtual reality (VR) headsets and TVs, and smart city applications. Spun out of imec in 2018, Pharrowtech is led by a seasoned executive team with extensive experience in telecommunications and semiconductor industries. The company leverages deep technical expertise in chip, antenna, and algorithm design to stay at the forefront of mmWave technology development. Pharrowtech's business model revolves around selling its innovative hardware and software solutions to various sectors, including wireless infrastructure, industrial, scientific, and medical applications, as well as consumer electronics. The company generates revenue through product sales, licensing agreements, and strategic partnerships. With recent successes in funding and new partnerships, Pharrowtech is experiencing rapid growth, driven by the increasing demand for gigabit services that require high data rates and low latency.
Keywords: mmWave, RF technology, 5G, Fixed Wireless Access, VR headsets, smart cities, RFIC semiconductors, phased antenna arrays, wireless infrastructure, consumer electronics.