Totum Labs closes USD 13 mln Series A to develop satellite IoT chip

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Totum Labs closes USD 13 mln Series A to develop satellite IoT chip

Satellite IoT connectivity company Totum Labs completed a USD 13 million Series A financing, bringing Totum’s total funding since launch to USD 15.5 million. Heroic Ventures and Space Capital co-led the investment round with participation from existing investors, including Qualcomm co-founder Andrew Viterbi and new strategic investor Qamcom. The investment will allow the company to accelerate the deployment and commercialisation of its low power sensor for satellite network connectivity.

The Series A funding builds on the company’s tape out of its DMSS 3990 endpoint device through Orca Systems, the issue of four foundational patents and strategic partnerships with Qamcom and others. The DMSS 3990 is a Low Power Sensor to Satellite (LP-S2S) system-on-chip ASIC that includes a DMSS modem, RF functionality, baseband and application CPUs, and provides for efficient integrated power regulation (for multi-year battery life) in a small/low-cost package using the Global Foundries 22DFX process. 

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