EdgeQ Inc, a leader in 5G wireless infrastructure, announced a $75 million investment round of funding as well as the appointment of Lattice Semiconductor CEO and President, Jim Anderson, to the company's Board of Directors. EdgeQ will use the funding to ramp production of its award-winning 5G + AI 'Base Station-on-a-Chip' to meet customer demand and to develop its next generation chip.

The $75 million funding consists of both institutional and strategic investors, including Phaistos Investment Fund, Strategic Development Fund (SDF) the investment arm of the United Arab Emirates Tawazun Council, Singapore-based global investor EDBI, IRONGREY, ST Engineering, Yaletown, ClearSky, and other existing investors.