Stormbreaker Ventures has announced its investment in Global Telecom Engineering. This investment marks Stormbreaker’s inaugural contribution to Fund II and aligns with the expertise and collaboration of limited partner Thermo Companies.
Global Telecom Engineering specialises in manufacturing cutting-edge hardware for fixed wireless and IoT solutions, powering advancements in wireless connectivity. Stormbreaker Ventures is leading this investment round, recognising the team’s advanced technology and profound growth potential, especially amid a geopolitical climate with heightened attention on national information and digital security.
“Stormbreaker is thrilled to partner with Global Telecom Engineering, a company that perfectly aligns with our thesis that technology for the connected ecosystem is the bedrock of innovation more broadly. Our high conviction in Global Telecom stems from the team’s experience building and exiting companies and expertise in chip, modem and module manufacturing,” said Glenn Lurie, a partner at Stormbreaker.
“We selected Stormbreaker as a partner due to its domain knowledge and extensive network within the wireless and mobility sector. The timing of this investment is paramount for Global Telecom Engineering, allowing us to accelerate our growth and make a meaningful impact on global safety,” said Ahmad Malkawi, the CEO of Global Telecom Engineering.
In a move with Limited Partners, Stormbreaker has partnered with Thermo Companies to enable the Global Telecom Engineering investment. Thermo Companies presented the opportunity to Stormbreaker, expressing confidence in their ability to conduct thorough due diligence and support Global Telecom Engineering. Bolstered by this confidence, Thermo Companies also directly invested in Global Telecom Engineering alongside their collaborative partner.
“Our unified strength stems from Thermo Companies’ knack for identifying opportunities, combined with Stormbreaker’s expertise in vetting and selecting companies within the wireless ecosystem. Their approach to Limited Partner engagement, especially regarding co-investment opportunities, is notably forward-thinking,” said Kyle Pickens of Thermo Companies.
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