Funding Tracker
Announced August 1, 2023

Airalo raises $60M

Company
Airalo
Round
Series B
Amount
$60M
Investors
e& capital (lead), Antler Elevate, Liberty Global, Orange
Announced
August 1, 2023

What happened

Airalo, the world's largest eSIM marketplace, raised a $60 million Series B led by e& capital — the investment arm of global technology group e& — with participation from Antler Elevate, Liberty Global, and Orange, bringing total funding to $67.5 million.

Why it matters

The round that set up the unicorn: carrier-affiliated investors (e&, Liberty Global, Orange) backing an eSIM disruptor showed incumbents deciding to own a piece of travel eSIM rather than fight it — two years before Airalo's $220M CVC round.

eSIM
Travel

Source: Airalo