Borqs Technologies Raises $16 Million to Expand its Solar and Energy Storage Business
TDR Capital led the strategic funding round
June 6, 2022
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Borqs Technologies, a provider of 5G wireless solutions, Internet of Things (IoT) solutions, and innovative clean energy, with global operations in the U.S., India, and China, raised $16 million in strategic funding for the growth of its solar plus energy storage business in the markets outside of Hawaii particularly in California, and for the development of 5G mobile devices.
