May 2017

Connexin – Series A capital for Smart City, Data Centre and broadband rollout

Series A capital for Smart City, Data Centre and broadband rollout

Connexin is an innovative and disruptive technology company specialising in award winning Hybrid Smart City Infrastructure to support the Internet of Things. Founded in 2006, Connexin has successfully built multiple carrier grade metropolitan networks. Connexin use next generation wireless, Fibre Optic and applications to bring 21st century connectivity and services to residential, business and enterprise customers worldwide.

Axxeltrova was engaged to lead on a Series A capital raise. As part of this process, we advised the company on its Smart Cities strategy and produced its investment case for Series A. The process concluded in a successful Series A raise of GBP10M from a US PE fund.