Guerrilla RF goes public and raises financing

October 28, 2021 // By Jean-Pierre Joosting
Guerrilla RF goes public and raises financing
Leading MMIC supplier raises over $7 million in private placement financing and boasts sales growth of 990% over the past three years

Guerrilla RF, a leading manufacturer of high-performance monolithic microwave integrated circuits (MMICs), has raised more than $7 million in the initial closing of a private placement offering as well as the completion of a reverse merger transaction.

Founded in 2013, Guerrilla RF is a leading supplier of MMICs which target wireless infrastructure applications, including 5G and automotive. The company has a well-established revenue stream with 2020 sales totaling $8.09M. Despite the disruption caused by COVID-19, Guerrilla RF has continued to thrive with sales increasing by 990% over the past three years.

“Guerrilla RF’s strategy is centered on developing and selling disruptive, leading edge wireless semiconductor products. We recognize the need for an agile, focused approach to addressing the performance requirements of the wireless infrastructure market,” explained Ryan Pratt, founder and CEO. “Our past success is a direct reflection of this strategy, and this additional capital will allow us to accelerate our development plans and enable us to aggressively expand within strategically targeted wireless applications.”

Guerrilla RF has an extensive portfolio of over 95 high-performance RF and microwave semiconductor devices. The existing product line includes ultra-low noise amplifiers, gain blocks, driver amplifiers, mixers, RF switches, and linear PAs (power amplifiers) – the critical building blocks for mission-critical, performance-driven wireless applications, including 5G wireless infrastructure, cellular repeaters/boosters, and automotive telematics.

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