9
END
OF
YEAR
REPORT
2018
Approved
for
distribution
outside
of
the
LoRa
Alliance™
LPWAN MARKET OVERVIEW | MOMENTA
VENTURES ANNOUNCES LPWAN FUND
AND NAMES LORAWAN™ THE DEFACTO
LPWAN STANDARD
2018 saw explosive growth in LoRaWAN ™ deployments and universally predictions are strong for global adoption
of LPWANs. This market strength has led to Momenta Ventures announcing the creation of its new LPWAN Fund in
February 2019. This engagement validates the aggressive predictions around LPWAN technology, and specifically
LoRaWAN, which Momenta's Ken Forester called out as "The defacto industry standard backed by 80M+ connected
devices, 60K+ developers (TTN), 10K+ networks, backed by giants and supported by the LoRa Alliance™."
Momenta Ventures
LPWAN Fund
rationale as
presented at the
LoRa Alliance
Member Meeting in
San Diego,
Feb. 6, 2019