Vuga #NodeOne logo — Micro-Internet Networks

Vuga #NodeOne

Micro-Internet Networks

Founded 2017 Canada Toronto, Canada 2-10 employees Seed Total: $5.00K Mobile, Payments

General Information

Company Name Vuga #NodeOne
Founded Year 2017
Location Canada Toronto, Canada
Employees 2-10
Industries Mobile, Payments
Funding Stage Seed
Social

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About Vuga #NodeOne

Vuga #NodeOne

Vuga #NodeOne aims to tackle the issue of expensive internet access in Africa, where the cost can be 50-100 times higher than in other regions. This results in African consumers spending a substantial portion of their income on data packages compared to other parts of the world. The company identified the stark disparity in fixed broadband internet penetration in the Least Developed Countries compared to mobile-cellular penetration, which is significantly higher. In response, they developed NodeOne, a solution that makes it quick and affordable for anyone to establish micro-internet networks without technical expertise.

NodeOne is designed for simplicity and power, capable of transmitting an omnidirectional signal up to a 2km radius and supporting over 2.5k clients. It incorporates custom mesh firmware for all participants to efficiently route traffic and offers an easy deployment process for custom apps. The company's approach includes automated pricing token generation for clients per each device session, making it cost-effective and user-friendly.

Founded in 2015 and headquartered in Canada, the company received a Seed Round investment on 15 October 2016 from DDF. The potential of Vuga #NodeOne lies in its ability to address a critical need for affordable internet access in underserved regions while providing a scalable and innovative solution for establishing micro-internet networks. With further investment and expansion, the company could make a significant impact on the accessibility and affordability of the internet for African consumers.

Taxonomy: Micro-Internet Networks, Affordable Internet Access, Network Deployment, Connectivity Solutions, Digital Inclusion, Mesh Networking, Omnidirectional Signal, Mobile Connectivity, Technology Innovation, Data Affordability, Developing Countries, Rwanda, Kigali

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
DDF
15 Oct 2016
Non Equity Assistance Undisclosed 2
Draper Associates, SpeedUPAfrica
07 Jun 2016
Seed Round $5.00K -
15 May 2015

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FAQ About Vuga #NodeOne

Micro-Internet Networks
Vuga #NodeOne was founded in 2017.
Vuga #NodeOne is headquartered in Toronto, Canada.
Vuga #NodeOne operates in Mobile and Payments. Its work centres on Micro-Internet Networks, Affordable Internet Access, Network Deployment and Connectivity Solutions.
Vuga #NodeOne has approximately 2-10 employees.
Vuga #NodeOne has completed 3 funding rounds, raising a total of $5.00K. The latest funding stage is Seed.
Top alternatives and competitors to Vuga #NodeOne include Semaphore Partners. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vuga #NodeOne and Semaphore Partners are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Vuga #NodeOne, https://bouncewatch.com/company/vuga-nodeone, updated 21 October 2024. When citing, please name BounceWatch and link this page.

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