SkyMirr Launches Series A Funding Round, Targeting $7 Million

Florida-based high-performance radio frequency (RF) IoT solution provider, SkyMirr, has launched its Series A funding round, with a target of $7 million. For the current raise, the company intends to enhance its research and development capabilities, as well as increase its overall product efficiency using the raised funds. As a leading player in the industry with a significant client base and innovative product line, the company seeks to partner with major investors in order to accelerate its manufacturing capacity and service efficiency.

SkyMirr was co-founded by leading RF technology experts CEO Dr. Eric (Youngmin) Jo, Chairman Dr. Chris Morton, and CRO Kerry Greer with a mission to enhance RF-based IoT solutions. In these applications, the antennas often interfere with each other, reducing their performance. In response, SkyMirr has developed a unique technology known as Multi-layer Coupling Controlled Antenna Technology (MuLCAT). By borrowing the energy-efficient structure from nature, MuLCAT can improve system performance parameters significantly.

Prior to establishing SkyMirr in December 2021, the Skymirr team boasts extensive experience and successes in the fields of wireless, RF, and IoT solutions. This indicates significant growth potential for the company in rapid order.

In order to serve major clients all over the world, SkyMirr aims to exceed industry requirements, expand R&D, expand product commercialization, and channel development to continue to serve even more customers in their chosen markets. 

“We expect our investors to realize the high ROI driven by significant company value growth, and can take pride in being part of a great company helping people around the world,” says CEO Dr. Jo.

To date, the company has launched more than 10 unique products, efficiently utilizing the funds received from their seed round. It has also filed nine intellectual properties, composed of eight patents and one trademark. This demonstrates SkyMirr’s efficiency and optimal use of the funds it has raised. With the current round of funding, the company intends to continue its efforts to provide the most advanced and effective RF-based IoT solutions to its clients.

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