Celerway, transforming network performance for organizations with distributed or field operations, today announced a NOK 40 million funding round led by Fairpoint Capital, with strong participation from existing investor Idékapital and other current shareholders. The investment accelerates Celerway’s expansion as demand surges for mission-critical connectivity across regulated industries and critical infrastructure.
Built for Operations Beyond Four Walls
Celerway keeps organizations connected and productive wherever they work. The company’s Edge Foundation platform powers rugged 5G routers that actively manage LTE, 5G, and Wi-Fi networks simultaneously—delivering optimal network performance in real-time. Built-in edge computing enables local processing, keeping field teams and remote operations productive even in degraded network conditions.
“Celerway represents exactly the kind of deep tech innovation we seek—technology that solves real-world critical challenges,” says Ulf Lewander, Partner at Fairpoint Capital. “Their rapidly expanding sales pipeline and growing partner ecosystem demonstrate clear market validation. We’re excited to support their journey from Norwegian innovation to global impact.”
Powering the Future of Critical Communications
The funding addresses the surging demand for high-performance connectivity solutions across regulated industries and national infrastructure. Whether supporting emergency response, maritime operations, energy platforms, or security deployments—Celerway already safeguards operations where network performance is essential. Each deployment reinforces a clear pattern: when operations move beyond four walls, network performance becomes critical to success.
“We’re entering an exciting growth phase,” says Audun Fosselie Hansen, CEO of Celerway. “Fairpoint Capital brings deep experience with B2B technology scaling, and their commitment alongside Idékapital strengthens our global expansion. Critical communications and national infrastructure represent our biggest opportunities—sectors where high-performance mobile connectivity has shifted from optional to essential.”
Strategic Expansion Ahead
The NOK 40 million investment will fuel:
● Accelerated growth in European and North American markets
● Strategic partnerships with leading solution integrators and technology providers
● Enhanced solutions for regulated sectors including defense, government, and critical infrastructure
About Celerway
Founded at Simula Research Laboratory and headquartered in Oslo, Norway, Celerway goes beyond basic connectivity to deliver the network performance that modern operations demand. As the only platform that combines real-time connection optimization, dynamic preemptive failover, and edge computing capabilities, Celerway helps partners deliver complete solutions that maintain peak performance regardless of conditions. Public safety, maritime, energy, security, and commercial organizations around the world already trust Celerway for their connectivity needs.
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