Latys Raises $3M in Seed Funding
- Latys, a Montreal, Canada-based startup delivering a drop-in antenna that extends wireless signals without interference, raised $3m in seed financing
- The round was led by Rhapsody Venture Partners with participation from existing investor TandemLaunch Ventures
- The company intends to use the funds for the production and commercial launch of the first-generation product for customers
- The company has developed antenna technology that utilizes a metasurface to repeat wireless signals, without any processing by passively focusing the signal
- Customers with existing Wi-Fi networks can resolve dead zone issues simply by placing the metasurface antennas as signal repeaters
- The technology is signal agonistic and expected to find broad adoption in 5G, IoT, Wi-Fi, and Industry 4.0
