Global leading AMI vendor Ubiik Completes US$5M Series A funding Cheng Wu, seasoned wireless communication entrepreneur and GP from Taiwania Capital Tech Fund, to become Ubiik s Strategic Advisor
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TAIPEI, April 28, 2021 /PRNewswire/ The leading Low Power Wide Area Network (LPWAN) solutions provider Ubiik today announces that it has completed its US$5M Series A funding led by Taiwania Capital. The investment will fuel the global expansion of its industry-leading AMI (Advanced Metering Infrastructure) technology and energy IoT solutions, as well as growing its promising cellular IoT business.
Based in Taipei and with offices in Silicon Valley and Osaka, Japan, Ubiik is the largest AMI vertical solutions provider for Taiwan s smart electricity meter deployment, the largest IoT project in Taiwan. By winning three consecutive tenders of Taiwan Power (Taipower), the state-owned electricity company, from 2018 to 2020 at a tot