Published: April 24, 2026 at 8:06 am
A Wi-Fi engagement platform which raised £16 million in funding is to be struck off.
Onvi Tech Ltd, founded in 2016 as Wi-5 Technologies, is registered in Cardiff and built a team of hundreds to target ‘create a new paradigm for in-venue and in-store customer engagement’.
The business was sourced from Wayra, the Telefónica-backed technology accelerator programme, which invested with a view to offering its services to O2 clients in the UK and Telefónica’s clients globally.
It was led by CEO and chief product officer Prask Sutton, who has served as CPO of FinTech 50 firm Round Treasury since September 2024. Sutton is still listed on LinkedIn as holding the CEO/CPO roles at Onvi Tech.