Eridan Raises $46M to Scale Its Power Transceiver for Cellular Infrastructure, Enabling Global Connectivity at a Fraction of the Energy and Cost

Eridan Raises $46M to Scale Its Power Transceiver for Cellular Infrastructure, Enabling Global Connectivity at a Fraction of the Energy and Cost

Former Chief Scientist at DARPA leads team building the world’s most efficient transceiver to minimize the environmental impact of wireless connectivity.


The radios have the power to make global connectivity and equitable infrastructure a reality by using as little as 10% of the energy required by legacy systems.


Eridan’s modules can shrink today’s cell towers by up to 90% and can be installed at a tenth the cost – making them easy to deploy across the country and beyond.


Mountain View, California – WEBWIRE



Mountain View, Calif. (May 12, 2022) – Eridan, a company reimagining wireless transmission to improve the performance of every connected device in the world, today announced $46 million in financing for further development and production of the world’s most advanced transceiver. With more than 29 patents issued and pending, Eridan and its next-generation radio-frequency (RF) transceiver technology enable improved connectivity for more people, using less energy, less expensive infrastructure, and less spectrum. The company’s latest funding was led by Capricorn’s Technology Impact Fund and Monta Vista Capital with additional participation from Social Capital, Diamond Edge Ventures and Pilot Grove Management. 


Today’s wireless connectivity infrastructure consumes 2.3% of the world’s electricity. Expanding access to broadband connectivity by replacing today’s 4G networks with 5G will require 9x more power, and genuinely universal 5G connectivity will consume as much as 48x more electricity – a prohibitively expensive, environmentally unsound, and economically infeasible number. 


Based on his time at DARPA, where he worked closely with US Special Forces, Eridan CEO and Co-founder Doug Kirkpatrick, working with fellow co-founders Dubravko Babiç and Earl McCune, developed a concept for a lighter and more efficient military radio. Shortly after, the team realized that the radio they were creating had utility far beyond the defense sector. 


“Accessible, efficient and reliable wireless connectivity is critical to our future economic, environment and social well being,” said Doug Kirkpatrick, CEO and Co-founder of Eridan. “Achieving that reality, however, is impossible without a major technology breakthrough to reduce the spectrum and power needed. That’s how Eridan will provide improved and expanded connectivity for everyone, everywhere, using a fraction of the power.”


Eridan’s Differentiators:


Eridan is the first and only company to build a direct polar transmitter in gallium nitride and silicon, which provides multiple advantages over current solutions based on linear amplifiers, including:


  • 10x less input power to provide the same coverage


  • 60-100x reduction in power consumption in sparsely-populated areas, due to improved spatial efficiency


  • Equipment that’s smaller, lighter, and less expensive to install, and doesn’t require specialized power sources or heavy heat sinks

“The work Eridan is doing represents the biggest cellular technology innovation in the last 20 years,” said Dipender Saluja, Managing Partner of Capricorn’s Technology Impact Fund. “Their modules have the potential to expand connectivity on a mass scale without the unsustainable power requirements that previously made it impossible.” 


In its initial stages of deployment – slated for late 2023 – Eridan’s MIRACLE RF Front End Module will be utilized by telecom equipment manufacturers building small cells and Massive MIMO systems for urban and suburban locations. The module, which is about the size of a paperback book, sits between the modem and the antenna, and will be available with OpenRAN standard interfaces. 


The company’s latest financing will be used to advance the commercialization of its modules, and hire additional engineers in California and Croatia – Eridan’s two primary locations – to advance their development and engineering. 


Eridan’s technological applications expand far beyond daily wireless connectivity. The company’s patented technology is also being developed for enterprise and municipal wireless, IoT, and defense and public safety. Eridan has already received over $30M in contracts funded by the US Department of Defense. 


The Eridan MIRACLE RF Front End Module is currently available for laboratory evaluation in limited quantities. Customers can register for the waitlist at: https://eridan.io/order-a-devkit/. To learn more about Eridan, visit https://eridan.io/. A list of open positions can be found here


About Eridan: 


Headquartered in Mountain View, California, and founded in 2013 by three engineering PhDs, Eridan is building transformational wireless technology to improve connectivity for every person on earth. Its proprietary radios utilize gallium nitride to provide lower power, high bandwidth performance that makes wireless networks sustainable and viable for 5G and beyond. To learn more about Eridan’s innovative modules, visit https://eridan.io/ 


Press Contact:


John Vollmer


VSC (on behalf of Eridan)


johnv@vsc.co

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