QuantalRF secures CHF17M / $19M Series B funding

Zurich: QuantalRF, an emerging RF semiconductor company developing transformative wireless communication solutions, has announced the closing of an oversubscribed Series B funding round, resulting in CHF17 million / $19 million. The growth equity round was led by Zürich based Metellus AG and Dara Capital Ltd., alongside existing shareholders and family offices.

The new funding will be used primarily to accelerate the commercialization of QuantalRF’s patented RF front end technologies, expand the engineering team, and rapidly scale the product development of 5G/UHB (Ultra High Band) and Wi-Fi 6/6e front-end IC components.

The funding round builds on an exceptional year for QuantalRF which saw the addition of a new CEO/CTO, a successful evaluation of its Quantal Amplifier Technology, and received samples for their first Quantal RFIC.

“I am very excited about the direction of QuantalRF and how we are continuing to shape our Quantal Technology to address the challenges the RF front-end market is facing,” said Dr. Ali Fard, QuantalRF CEO/CTO. “Throughout this year we have received valuable insights and positive feedback on our technology through extensive third-party evaluations provided by our partners and customers. The focus for our next development phase is to address the demand for integrated RF filters used in wireless standards that require wide bandwidth while maintaining good wideband performance and very sharp cut-off filtering.”

“Our investors not only see the enormous opportunity in the development of next-generation RF front-end, more importantly, they see the advantage and unique position QuantalRF has to be a disruptive force in driving this market. The support and confidence shown from our investors is a validation of our mission and of the team we have assembled,” said Antonio J. Viana, Executive Chairman. “The Board of Directors, along with our investment community, are extremely excited to see QuantalRF move into its next phase of growth and development.”