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Customer Profile

Myriota

Myriota Pty Ltd

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Myriota is an Australian company founded in 2018 . The company operates the Myriota Satellite Network, which provides IoT connectivity using proprietary low-power satellite technology .

The company has raised over $100M USD in total funding . Myriota's first satellite was launched on a Rocket Lab Electron rocket .

Last Updated: 3 weeks ago

Investment Thesis

AI

Myriota is an Australian company founded in 2018 . The company operates the Myriota Satellite Network, which provides IoT connectivity using proprietary low-power satellite technology .

The company has raised over $100M USD in total funding . Myriota's first satellite was launched on a Rocket Lab Electron rocket .

Key Differentiators

  • Communication Protocol: Uses a proprietary satellite-to-device communication protocol .

Risk Factors

  • Funding Gap: Latest major funding round was a $30M USD Series B in 2022 .

Rocket Lab Relationship

AI

Myriota is a customer within the Launch Services segment. The company used a Rocket Lab Electron rocket to launch its first satellite .

Company Info

Company Type
commercial
Industry
Communications
Headquarters
Adelaide, Australia
Founded
2015
Employees
51-200
Total Raised
Over $100M USD total. Latest major round: $30M USD Series B (2022, led by Bessemer Venture Partners).
Research Confidence
90%

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