Pharrowtech raises €7.5m for WiFi 8 mmWave chip
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Belgian startup Pharrowtech has raised €7.5m from the European Innovation Council (EIC) Accelerator programme for a 60Ghz chip that could be used for the next generation of WiFi.
The EIC Accelerator Grant has awarded Pharrowtech, a spinout of the imec research lab, €2.5m in non-dilutive funding and €5m million in equity investment for its millimetre-wave (mmWave) phased array chip technology.
mmWave is expected to be specified as IEEE 802.11bq with 14 GHz of unlicensed spectrum and a wide number of non-overlapping channels available in the 60 GHz band.
- Wireless mmWave specialist Pharrowtech expands into the UK
- European tech for first 802.11ay mmWave chip
- 60 GHz CMOS RF chip and phased array antenna module
“We are thrilled and honoured to receive this recognition and support from the EIC Accelerator. Global Wi-Fi semiconductor sales are forecasted to exceed $20 billion by 2026. This additional financing enables us to serve this market faster and more effectively. We are grateful to the EIC for this support and to Zaz Ventures for their help in securing it,” said Wim Van Thillo, co-founder and CEO of Pharrowtech.
“During its meeting in Montreal on July 17, 2024, the IEEE 802.11 Working Group passed a motion to create a new Task Group, IEEE 802.11bq, that will specify the inclusion of 60 GHz band support into mainstream Wi-Fi. The timing coincides perfectly with the award of this EIC grant. It will enable us to secure global leadership in next-generation Wi-Fi technology,” said Micky Mehta, VP of Digital Systems and Software Engineering at Pharrowtech.
eic.ec.europa.eu/eic-funding-opportunities/eic-accelerator_en; www.pharrowtech.com
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