NuRAN Wireless Inc. raises $5.51M (C$7.6M)
- Company
- NuRAN Wireless Inc.
- Round
- Series A (preferred)
- Amount
- $5.51M (C$7.6M)
- Announced
- August 14, 2026
What happened
NuRAN Wireless completed a private placement of Series A convertible preferred shares for aggregate consideration of C$7.6M. The financing was satisfied partly via settlement of a convertible debenture, debt and accrued salaries, with roughly C$3.0M in cash proceeds for working capital and ongoing development.
Why it matters
The raise clears balance-sheet items and was timed to support NuRAN’s planned Nasdaq listing, showing continued investor support for small‑scale rural NaaS/network‑infrastructure specialists even as larger telco financing deals dominate headlines.
Source: Nasdaq (press release via Access Newswire)
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