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Funding Tracker
Announced July 12, 2023

Cavli Wireless raises $10M

Company
Cavli Wireless
Round
Series A
Amount
$10M
Investors
Chiratae Ventures (co-lead), Qualcomm Ventures (co-lead)
Announced
July 12, 2023

What happened

IoT hardware and connectivity company Cavli Wireless raised a $10 million Series A co-led by Chiratae Ventures and Qualcomm Ventures, with an undisclosed US technology company participating, to scale its smart cellular modules with bundled global connectivity.

Why it matters

Cavli bundles the modem and the data plan into one part number — collapsing the IoT supply chain in a way that makes every module shipment a built-in connectivity subscription.

IoT
Semiconductors

Source: Cavli Wireless