FOREIS realizes its fourth investment in start-up GREENWAVES TECHNOLOGIES. The funding will help the start-up develop a disruptive OFDM communication solution. This GreenOFDM invention will allow wireless high data rate and very low power communications. It is aimed to address the forthcoming challenges of the IoT market.
FOREIS is an endowment fund for support and innovation of SMEs in the micro and nano electronics industry.
This ethical Seed Fund was established at the initiative of manufacturers throughout the semiconductor value chain. It helps to create innovation and jobs in France by providing financial support, advice, referrals and networking.
The support of FOREIS must allow entrepreneurs to validate their technologies and concepts. Then, they can access to more important development fund to industrialise and develop their products in the world market.