Entropia Secures €60 Million Funding to Drive Growth and Innovation
Author : MCXTEND    Time : 2024-05-30    Source : www.mcxtend.com
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Entropia, a leading mission-critical network operator founded in 1990 and headquartered in the Netherlands, has secured €60 million in funding to fuel its growth and innovation initiatives.


In this funding round, current shareholders will retain a 72% ownership stake, while a new silent minority shareholder will join the company. This strategic investment provides Entropia with:

  • Growth Capital: The funding exceeds Entropia's immediate needs, enabling strategic expansion and strengthening its market presence.

  • Innovation Engine: The capital injection will support Entropia's commitment to continuous innovation, ensuring they remain at the forefront of mission-critical communication technology.


With significant assets and the new capital boost, Entropia is poised to accelerate its annual recurring growth significantly. Market analysis consistently positions Entropia as a visionary leader in the mission-critical communication sector, which has a global market potential of approximately $9 billion.


Since 2002, Entropia has been developing its own Command & Control room platform, 'Combus.' These cloud-based, mission-critical control room systems are already in use by many key organizations and allow seamless communication with other IT platforms.


In addition to mission-critical TETRA technology, Entropia is engaged in critical broadband technology under the brand name Combonet. Combined with the proprietary development of Combus, Entropia provides business-critical services in over 176 countries.


Entropia's solutions empower a diverse range of clients in critical sectors, including government agencies, petrochemical and offshore wind farm operations, utilities, healthcare providers, transportation authorities managing public roads and railways, container handling facilities, and logistics companies. Their systems facilitate communication with IT platforms used by police, private security companies, water companies (for underground water level measurements), sewage pumping stations, high-voltage power stations, incident management and dashboard applications, and control over coverage in buildings such as hospitals, tunnels, parking garages, and caves.


Through its advanced mission-critical communication solutions, including the secure and reliable Entropia TETRA network and the comprehensive Combus suite for managing and monitoring critical infrastructure, Entropia safeguards critical infrastructure across various industries.



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