# obiWAN

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

- Industry: Electronics
- Headquarters: Vila Nova de Gaia, Portugal
- Website: www.obiwan-conobi.com
- Total disclosed funding: $3.2M
- Latest round: Series A (Dec 1, 2024)
- Investors on record: 1

## About

Based in Portugal, obiWAN develops connected devices that enhance infrastructure functionality, focusing on operational efficiency and reliability across various sectors.obiWAN specializes in intelligent infrastructure solutions aimed at improving operational efficiency. Located in Vila Nova de Gaia, Portugal, the company was founded by individuals passionate about technology-driven innovations. The most recent funding round was a Series A in December 2024, in which obiWAN raised EUR 3 million from Draycott. This funding marks the total amount raised by the company at EUR 3 million, supported by one deal in its funding history.obiWAN provides advanced intelligent infrastructure solutions that utilize technologies like Wi-SUN, NB-IoT, and LTE-M, optimizing energy usage and ensuring reliability. Their offerings cater to municipalities, utility companies, and environmental organizations, focusing on public safety, environmental conservation, and operational sustainability in both urban and rural settings. Products are designed for seamless integration into existing frameworks, enhancing operational efficiency.obiWAN generates revenue through direct-to-consumer sales and B2B partnerships, serving a range of clients such as municipal governments and energy providers. The business model includes subscription-based services for ongoing monitoring and analytics, as well as one-time hardware sales. This flexible pricing structure allows for scalable solutions tailored to customer needs, enhancing the value proposition for clients seeking improved infrastructure management.In December 2024, obiWAN plans to utilize the EUR 3 million raised in Series A funding to expand its smart lighting solutions, enhance operations, and grow its global presence. The company is targeting expansion into new markets across Europe and parts of Asia by 2025, aiming to increase its market footprint and diversify its offerings to meet evolving customer demands.

## Funding rounds

- Series A, Dec 1, 2024, $3.2M — Draycott

## Investors

- Draycott (https://capitalatlas.ai/funds/draycott) — Series A