Saviah Secures Series A Funding to Drive 5G Core (5GC) Software Development and Collaborate with Partners to Expand the Global Private 5G Network Market

Saviah Technologies, Inc., a Taiwanese startup provides 5G core (5GC) network software, successfully completed its Series A funding in March of this year, raising nearly NT$100 million. The round was led by Great Fortune Capital, a subsidiary of FCC Partners, with participation from Nestor Capital Investment, Zerone Win Investment, and others. This marks Saviah's first external fundraising effort. Great Fortune Capital, the lead investor, recognizes the value and advantages that 5G technologies bring to industries. As the core network plays a crucial role in creating innovative scenarios for 5G vertical applications, Saviah's 5GC software fills the gap in the development of Taiwan’s 5G mobile network industry. At MWC 2023, Saviah 5GC was adopted and showcased by renowned Taiwanese ICT vendors such as Compal, Pegatron and Alpha Networks for their private 5G solutions, recognizing the capability of Saviah 5GC. Saviah is encouraged to continue investing in technology development to maintain its leading position and explore the global market for private 5G networks.

Saviah Opens Taipei Office to Serve More Customers and Partners 

Established in 2021, Saviah embarked on a journey towards the commercialization of 5G core network software. Today, on July 19th, Saviah celebrated the grand opening of its new office in Taipei. Many cooperation partners and VIP, including the Ministry of Economic Affairs (MOEA), Institute of Information Industry managed by Ministry of Digital Affairs (MODA), Chunghwa Telecom, Supermicro, Pegatron, Compal, Alpha Networks, Askey, Trend Micro (CTOne), Zerone, Transnet and more, participated in the ceremony to share the joy of Saviah's milestone. The Taipei office was established as a new base for Saviah to enhance cooperation and expand services to partners. During the opening ceremony, MOEA acknowledged the contribution of Saviah's 5G core technology to Taiwan's 5G mobile network industry. Chunghwa Telecom expects to continue the partnership with Saviah to build innovative vertical applications with cutting-edge network technologies. Bob Hsieh, the Chairman of Saviah, expressed gratitude for the partnerships and support from the public and private sectors. He envisioned Saviah joining forces with Taiwan's private 5G networks ecosystem to introduce cost-effective 5G solutions worldwide.

Saviah 5G Core (Saviah 5GC) Leads the Development of 3GPP R16, Enabling Practical Private 5G Network Applications in Diverse Vertical Domains

Unlike large, well-known 5G core companies, Saviah 5GC can support a variety of architectures for private 5G networks, tailored to meet the specific needs of customers with cost advantages. Saviah has successfully deployed and verified the following private 5G network applications, including smart manufacturing for Industrial automation, smart stadiums for drone racing, and simulated wards for smart healthcare. The projects are demonstrating the 5G network functions and features like high speed, low latency and connectivity with massive machine types. Saviah 5GC complies with 3GPP R16 standard, which is ready to recruit more partners from hardware vendors and system integrators to provide comprehensive end-to-end private 5G network solutions globally.

 

Saviah group photo taken in the new office in Taipei City.