IQSTEL Inc. closes a $3 million financing round for its acquisition of a 51% interest in Ultranet Telecom Group. This funding is expected to enhance cash flow and profitability in West Africa.
Amount Raised
$3 Million
Round Type
Debt Financing
Coral GablesHardwareArtificial IntelligenceCyber SecurityDescription
IQSTEL Inc. has closed the first tranche of financing for its acquisition of a controlling interest in Ultranet. The financing includes two-year senior secured, non-convertible promissory notes up to $3 million. This strategic move aims to strengthen IQSTEL's presence in the profitable West African telecom market
Quick answer
iQSTEL raised $3 Million in a Debt Financing round, dated October 26, 2026. iQSTEL is based in Coral Gables, Florida, United States.
- How much did iQSTEL raise?
- iQSTEL raised $3 Million in a Debt Financing round on October 26, 2026.
- Where is iQSTEL based and how big is it?
- iQSTEL is based in Coral Gables, Florida, United States. Fundz records about 17 employees.
- Who are the decision-makers at iQSTEL?
- Fundz holds 3 contacts at iQSTEL, including the Business Development Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Cyber Security around the same time
Companies in the same sectors as iQSTEL that raised within 45 days of this round, from Fundz verified event records.
- Bay raised $37M (Series A) on November 11, 2026.
- Daylight raised $80M (Series B) on November 11, 2026.
- Daylight Security raised $80M (Series B) on November 10, 2026.
- Applied Compute raised $350M on November 4, 2026.
- CyberKord raised $3M (Pre-Seed) on November 3, 2026.
- Hark raised $700M (Series A) on November 2, 2026.
Who to call at iQSTEL, and when
A new round usually means iQSTEL is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day iQSTEL raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at iQSTEL, from your own LinkedIn network
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Related People
iQSTEL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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