OQ Technology

TelecomsSeries BLeudelange, Luxembourgoqtec.com

Latest round

Series B

Last raised

Oct 2024

Total raised

$13M

Investors

4

About OQ Technology

Founded in 2016 by Omar Qaise (CEO), and Mohammed Al Muhairi, and based in Leudelange, Luxembourg, OQ Technology operates as a provider of a 5G cellular IoT (Internet-of-Things) that offers a dual-mode satellite-cellular IoT modem that enables users to track their assets and machines. The firm has 2 subsidiaries in Athens, Greece, and the other in Al Khobar, Saudi Arabia. The firm offers a cellular terminal hybrid satellite that is used for remotely monitoring and controlling fixed and mobile assets in industries such as transportation, oil, and gas, utilities, maritime, agriculture, and more.

Who invested in OQ Technology

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Oct 20, 2024

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Oct 3, 2022

    Amount

    $13M

    Investors

    Locked

Questions about OQ Technology

Who invested in OQ Technology?

OQ Technology has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has OQ Technology raised?

OQ Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did OQ Technology last raise money?

OQ Technology's most recent round on record is a Series B, in Oct 2024.

What does OQ Technology do?

Founded in 2016 by Omar Qaise (CEO), and Mohammed Al Muhairi, and based in Leudelange, Luxembourg, OQ Technology operates as a provider of a 5G cellular IoT (Internet-of-Things) that offers a dual-mode satellite-cellular IoT modem that enables users to track their assets and machines.

Where is OQ Technology headquartered?

OQ Technology is headquartered in Leudelange, Luxembourg.

Which VCs invest in companies like OQ Technology?

Among active investors with capital left to deploy, Balderton Capital, Partech Partners, Seedcamp and Felix Capital back telecoms companies at OQ Technology's stage. Their profiles are linked below.

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