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To connect the planet to empower a sustainable, shared future.
28% employee growth in 12 months
While modems and antennae in cell towers have changed with the times, the transceiver, responsible for converting modem data into the radio frequency emitted by antennae, remains notably outdated. Its inefficiency leads to substantial power consumption during data transmission, posing a significant challenge for the industry.
It’s a problem that the telecommunications industry has been exploring for quite some time, and Eridan believes it has the solution. The company specializes in constructing 5G radio transceivers designed to dramatically reduce power requirements, potentially revolutionizing the cost-effectiveness, accessibility, and sustainability of 5G connectivity.
While the company is still on the path to commercializing its offerings, the allure of playing a pivotal role in a major infrastructure overhaul has undoubtedly attracted substantial capital backing. Despite the journey ahead, the excitement surrounding Eridan;'s advancements underscores the transformative potential of its technology in the telecommunications sector.
Freddie
Company Specialist at Welcome to the Jungle
Oct 2021
$35m
SERIES C
Feb 2020
$9m
SERIES B
This company has top investors
Doug Kirkpatrick
(Co-Founder & CEO)Venture Investor and former Chief Scientist at DARPA. Founded natural gas-focused tech company BlackPak, serving as CEO until 2017. Was previously Vice President of R&D for high-efficiency lighting startup, Fusion Lighting.
Dubravko Babić
(Co-Founder)Associate Professor in the Faculty of Electrical Engineering and Computing, University of Zagreb since 2012. Founded Alvésta Corporation, serving as CEO then CTO, developing high-speed multichannel fiber-optic modules.