# Forsway: Telecommunications, Sweden, Sweden

> Forsway: Forsway is a satellite systems designer that creates end user low cost hybrid satellite/terrestrial telecommunication terminals.

Source: https://millionrounds.com/startup/forsway (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Telecommunications startup](https://millionrounds.com/companies)

# Forsway

Forsway is a satellite systems designer that creates end user low cost hybrid satellite/terrestrial telecommunication terminals.

Funding reported Last round: Grant

Telecommunications Sweden, Sweden

Company summary

- **Founded:** 2003 23 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 71k as listed, currency not stated
- **Last round:** Grant Jan 2019

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Forsway has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Forsway raised

Funding, as reported

Reported in all **71k** in the source's currency

Rounds **2**

Last round **Grant**

Last round date **Jan 2019**

Investors listed **2**

## Founders and team

From Forsway's own website: 2 on the team.

- **Ingi Jonasson** CEO/sciencepark skovde
- **Jan Larsson** CEO, Business Sweden

## On a portfolio page

Investors who name them

- [Skaraborg Invest AB](https://millionrounds.com/fund/skaraborg-invest-ab)

Each firm lists Forsway on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Telecommunications in Sweden

Startups like it

- [**PacketFront Software** Stockholm · founded 2001](https://millionrounds.com/startup/packetfront-software)
- [**Transmode Systems** Stockholm · founded 2000](https://millionrounds.com/startup/transmode-systems)
- [**Flexenclosure** Stockholm · founded 1989](https://millionrounds.com/startup/flexenclosure)
- [**GlobalConnect** Stockholm · founded 1998](https://millionrounds.com/startup/globalconnect)
- [**LumenRadio** Gothenburg · founded 2008](https://millionrounds.com/startup/lumenradio)
- [**Kaelus** Stockholm · founded 1981](https://millionrounds.com/startup/kaelus)
- [**Anyfi Networks** Malmö · founded 2009](https://millionrounds.com/startup/anyfi-networks)
- [**Scalado** Lund · founded 2000](https://millionrounds.com/startup/scalado)

## Is this your company?

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