Press Releases

AtomBeam surpasses $3mn goal in crowdfunding campaign

July 11, 2023

Posted by: Janmesh Chintankar

Charles Yeomans of AtomBeam Technologies

AtomBeam has announced the conclusion of its recent crowdfunding campaign on StartEngine. The campaign, which aimed to secure funding for AtomBeam’s technology, has exceeded expectations, raising over [$3 million (€2.72 million)] from a diverse group of investors.

Throughout the campaign, AtomBeam showcased its software and potential to modernise the IoT (Internet of Things) industry. With a focus on enhancing efficiency, reducing data usage, and security, AtomBeam’s technology garnered attention from investors who recognised the potential of this solution.

“We are thrilled and humbled by the overwhelming support and trust we have received from our investors during this campaign,” says Charles Yeomans, CEO at AtomBeam. “This successful round of fundraising not only validates the value of our technology but also fuels our mission to reshape the IoT landscape with efficient and secure data compaction solutions.”

The funds raised will be instrumental in driving AtomBeam’s continued growth, allowing for further research and development, expanding partnerships and scaling operations.

For more information about AtomBeam and its data compaction technology, please visit StartEngine.

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