# Benetel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/benetel

- Industry: Telecoms
- Headquarters: Dublin, Ireland
- Website: www.benetel.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Aug 3, 2015)
- Investors on record: 1

## About

Benetel Ltd. is a telecommunications company specializing in the design and delivery of 5G Open Radio Access Network (O-RAN) Radio Units, catering to both Communication Service Providers and Private Networks.Founded in 2001 and headquartered in Dublin, Ireland, Benetel Ltd. develops advanced radio units essential for next-generation mobile network infrastructures. The company has engaged in 2 significant deals, with the most recent being a Seed round in August 2015, where it raised EUR 750,000 from Dublin Business Innovation Centre. The CEO is Adrian Oconnor.Benetel specializes in the development and delivery of 5G Open Radio Access Network (O-RAN) Radio Units (O-RUs), which are integral components for Communication Service Providers and Private Networks. These radio units are designed to enable seamless connectivity across various applications, characterized by their open and disaggregated nature. Benetel's products work in conjunction with virtualized baseband units from multiple vendors and are tailored to meet the demands of leading telecommunications players and initiatives such as the O-RAN ALLIANCE and Telecom Infra Project (TIP). Their solutions are deployed in North America, Europe, and Asia, serving mobile network operators and private enterprises.Benetel generates revenue primarily through direct business-to-business transactions with telecommunications and network service providers. Its revenue model is based on the sale of its flagship 5G O-RUs, which are crucial for implementing modern mobile network capabilities. Transactions are facilitated through contracts for O-RUs and associated technical support and integration services. Pricing varies according to client specifications, ensuring tailored solutions for diverse operational needs. The company's collaborative approach with partners contributes to its revenue through strategic partnerships and joint ventures in the telecommunications ecosystem.Benetel plans to utilize the recently raised EUR 750,000 in Seed funding to support the development of upcoming products aimed at enhancing its offerings in the 5G sector. The company is also looking to expand its presence in additional markets, specifically targeting further growth in North America and Asia by 2025. With an emphasis on innovation, Benetel aims to roll out advanced solutions that align with the evolving needs of the telecommunications industry.

## Funding rounds

- Seed, Aug 3, 2015, $0.8M — Furthr

## Investors

- Furthr (https://capitalatlas.ai/funds/furthr) — Seed