Connecting the World
Uniquely Positioned to Solve a Critical Problem in a Billion-Dollar Growth Market
More than eighty percent of all mobile and wireless traffic globally originates or terminates inside a building. PHYTunes is uniquely positioned to solve a critical problem by delivering in-building connectivity without limits., including a patent-pending suite of technologies and a seasoned and experienced leadership team.
The global market for 5G small cells and in-building access alone is expected to grow from USD 528 million in 2019 to USD 3.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 37.1%, according to a study by ComServe, Inc.
Working with telecommunication carriers, service providers, property managers and market leaders in government, healthcare, industrial IOT and retail, we are making high-speed, high-band connectivity inside possible and are aligned to capture significant market share.
PHYTunes closed its most recent round with Bosch as an investor on March 1, 2023. Total funds raised to date is $3.3 million. PHYTunes will be raising an A round in Q4 2023.
Glenn Argenbright | Founder and General Partner of Quake Capital
Glenn has over 20 years experience operating and running a variety of private, pre-IPO, and public technology companies. He has founded over a dozen startup ventures, resulting in three public offerings, nine exits, and billions in shareholder returns. His background includes expertise and projects in software, firmware, middleware, hardware, enterprise, SaaS, consumer goods, and Web and mobile applications.
Asra Nadeem | Chief Executive Officer of Draper University
“Draper University Ventures invest in start-up companies that are committed to innovation and changing the world. 5G promises to drive innovation in the next stage of high-frequency wireless connectivity within the industrial manufacturing, retail, gaming and retail fields but faces slow adoption due to connectivity barriers within buildings and urban dense areas. A problem, Jisung and his team at PHYTunes have solved through their innovative approach. Draper University Ventures are proud to welcome them as one of our portfolio companies and look forward to working with them as they advance their vision for a network without limits.”
Florian Steger | Managing Director at Deutsche Telekom hub:raum Fund
“DT’s hubraum is honored and excited to accompany the great team of PHYTunes on their journey to revolutionize indoor connectivity. PHYTunes’ unique approach can be a game changer in the adoption of 5G to become truly ubiquitous. We are looking forward to support PHYTunes with the extensive resources of DT and T-Mobile to develop their technology into a product that will drastically improve the experience of our customers.”
*does not include individual angel investors