OQ TECHNOLOGY: Funding, Investors & Team (Oct 2026)
OQ TECHNOLOGY aims to disrupt the satellite telecommunication industry and provides the world’s first universal plug & play "Internet-of-Things" solution that can provide connectivity anywhere. We are building a global satellite constellation dedicated for "Internet-of-Things" and "machine-to-machine" communication. We serve the Oil & Gas, Maritime, Industry 4.0, consumer IoT, and Transport segments particularly for the management and tracking of assets in remote areas. Whether this is digital oilfield applications, offshore monitoring, SCADA applications, asset tracking, fleet management, smart metering or predictive maintenance: We provide you innovative low cost connectivity solution and high value data analytics. Our wireless technology (developed in collaboration with Luxembourg government and the European Space Agency) is compatible with existing wireless technologies. The modules are plug & play, easy to install, have long battery life, and connect you directly to our or your data cloud.
OQ TECHNOLOGY has raised $75.1M across 3 funding rounds on record, the most recent an undisclosed round of $29.5M announced in Feb 2026.
That round is above the $5.7M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.
OQ TECHNOLOGY Company Profile and Key Stats
Latest funding round on record: Feb 2026.
OQ TECHNOLOGY Funding Rounds
OQ TECHNOLOGY raised $13.0M in a Series A announced in Sep 2022.
2.1 years later, an undisclosed round of $32.6M was announced in Oct 2024.
1.3 years later, an undisclosed round of $29.5M was announced in Feb 2026.
OQ TECHNOLOGY Founders and Leadership Team
Contact details for the OQ TECHNOLOGY team: 1 of 1 has an email address on file.
Start 14-day free trial →OQ TECHNOLOGY Funding Compared to Other Data and Analytics Startups
OQ TECHNOLOGY's latest round of $29.5M is above the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like OQ TECHNOLOGY in Data and Analytics and Wasserbillig
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OQ TECHNOLOGY Funding FAQs
What does OQ TECHNOLOGY do?
OQ TECHNOLOGY aims to disrupt the satellite telecommunication industry and provides the world’s first universal plug & play "Internet-of-Things" solution that can provide connectivity anywhere. We are building a global satellite constellation dedicated for "Internet-of-Things" and "machine-to-machine" communication. We serve the Oil & Gas, Maritime, Industry 4.0, consumer IoT, and Transport segments particularly for the management and tracking of assets in remote areas. Whether this is digital oilfield applications, offshore monitoring, SCADA applications, asset tracking, fleet management, smart metering or predictive maintenance: We provide you innovative low cost connectivity solution and high value data analytics. Our wireless technology (developed in collaboration with Luxembourg government and the European Space Agency) is compatible with existing wireless technologies. The modules are plug & play, easy to install, have long battery life, and connect you directly to our or your data cloud.
How much funding has OQ TECHNOLOGY raised?
OQ TECHNOLOGY has raised $75.1M across 3 rounds on record. The most recent is an undisclosed round of $29.5M announced in Feb 2026.
When did OQ TECHNOLOGY last raise funding?
OQ TECHNOLOGY's most recent funding round on record is an undisclosed round of $29.5M, announced in Feb 2026.
Who founded OQ TECHNOLOGY?
FundedIQ lists Omar Qaise (Founder) at OQ TECHNOLOGY.
Where is OQ TECHNOLOGY headquartered?
OQ TECHNOLOGY is based in Wasserbillig, Grevenmacher, Luxembourg.
How many employees does OQ TECHNOLOGY have?
OQ TECHNOLOGY is in the 11-50 employee band.
How does OQ TECHNOLOGY's funding compare to other Data and Analytics startups?
OQ TECHNOLOGY's latest round of $29.5M is above the $5.7M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.
About FundedIQ's OQ TECHNOLOGY Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for OQ TECHNOLOGY is left off this page rather than filled in.
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