Total funding: $47 million
IoT communications service provider
Founders: Ahmed Fasih Akhtar, Vyomesh Thakker, Firoz Karumannil
Investors: Future Technology LLC, Seed Investors, Noor Capital PJSC, Bpifrance
Established in: 2017
iWire builds communication infrastructures for IoT solutions for utility companies, smart cities, smart facilities, and logistics service providers. The startup secured $34 million in a Series A funding round in 2021, led by Noor Capital, with participation from the French sovereign wealth fund, Bpifrance. With operations across India, Middle East, Turkey, and Africa, iWire’s customers include Abu Dhabi City Municipality, Michelin, Total, the Government of Dubai, DP World, Abu Dhabi Ports, and the RTA, among others. iWire plans to offer connected products such as utility meters, gas sensors, health watches, smart ID, smoke detectors, container trackers, and street lighting solutions.