Wi-Fi mobile ordering firm which raised £16m to be liquidated

A Wi-Fi engagement and mobile ordering 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 but based in London. It 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.

The platform effectively allowed consumers to order and purchase food, drinks and other goods by connecting to a Wi-Fi network. It was deployed at the O2 Arena; events such as golf’s BMW PGA Golf…