IsoTruss, an engineering, design, and manufacturing services provider, has raised USD4.5 million in a Series A funding round led by the SG Koenig Trust.
The funds will be used to scale up operations and accelerate production of patented IsoTrust carbon fibre cell towers in support of 5G rollout by telecom infrastructure providers. 5G is forecast to cover approximately 60 per cent of the world’s population in 2026.
The fundraising follows a USD3 million seed investment round led by the Sojitz Corporation of Japan in October 2020.
