# RIOT Network: Electronics, Randburg, South Africa

> RIOT Network: RIOT develops technologies that enable households to deploy and operate broadband infrastructure in their own neighbourhoods Based in...

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

South Africa · [Electronics startup](https://millionrounds.com/companies)

# RIOT Network

RIOT develops technologies that enable households to deploy and operate broadband infrastructure in their own neighbourhoods

Funding reported Last round: Debt financing

Electronics Randburg, South Africa

Company summary

- **Founded:** 2015 11 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 24.7M as listed, currency not stated
- **Last round:** Debt financing Feb 2021

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 RIOT Network 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 RIOT Network raised

Funding, as reported

Reported in all **24.7M** in the source's currency

Rounds **4**

Last round **Debt financing**

Last round date **Feb 2021**

Investors listed **2**

## On a portfolio page

Investors who name them

- [Invequity](https://millionrounds.com/fund/invequity)

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

## Electronics in South Africa

Startups like it

- [**Parsec** founded 1993](https://millionrounds.com/startup/parsec)
- [**MeMeZa** founded 2012](https://millionrounds.com/startup/memeza)
- [**FTTx and Energy Warehouse** founded 2016](https://millionrounds.com/startup/fttx-and-energy-warehouse)
- [**Hagar Distribution** founded 2013](https://millionrounds.com/startup/hagar-distribution)

## Is this your company?

Add your raise, your deck and your story, and put RIOT Network in front of investors. Or tell us what we have wrong.

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