Andorix Secures Strategic $10 Million Investment to Accelerate Smart Building Transformation Across North America

Andorix, a smart building technology and neutral host network provider, has announced a $10 million strategic equity investment as part of its latest financing round, backed by a group of existing and strategic investors.

The financing expands Andorix’s capacity to deploy converged network infrastructure across commercial, residential, and retail properties. Alongside this investment round, Andorix has established strategic relationships with North America’s wireless infrastructure real estate investment trusts (REITs) to enable project-level financing for smart building and in-building connectivity projects with little to no upfront capital requirement for property owners.

Wayne Kim, CEO of Andorix, said, “This equity financing, combined with access to previously secured debt capacity, allows us to scale the business and expand our team to deliver fully financed smart building projects. It gives property owners across commercial, residential, and retail portfolios a faster, more capital-efficient path to modernisation.”

Andorix’s converged network infrastructure model provides a unified, fiber-based backbone that connects building systems, IoT devices, access control, lighting, HVAC, and energy management under a secure, open, and interoperable architecture. This foundation enables property owners to reduce operating costs, improve sustainability performance, and enhance tenant experience, all while future-proofing their assets for the demands of 5G and digital services.

Source