Funding Tracker
Announced July 12, 2023Cavli 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
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