Top

Qualcomm invests almost $15 million in Baicells with focus on 5G

January 4, 2019

Category:

Qualcomm has led a RMB100 million ($14.55 million) Series B+ round in Baicells Technologies, a Chinese small cell company, for the development of 5G technologies.

The investment, which was made through the company’s Qualcomm Ventures investment arm, will be chiefly focused on the development of 5G technologies.

“5G is not only for Tier 1 operators and Qualcomm Ventures is proud to invest in Baicells, a startup company that is dedicated to fixed wireless access solutions and service platforms, for its future 5G leadership,” said James Shen, VP of Ventures, Qualcomm Technologies.

Read More on RCR Wireless News