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Funding Tracker
Announced January 20, 2022

EMnify raises $57M (€50M)

Company
EMnify
Round
Series B
Amount
$57M (€50M)
Investors
One Peak
Announced
January 20, 2022

What happened

Berlin-based cellular IoT connectivity provider EMnify raised $57 million (€50 million) in Series B funding from growth investor One Peak to scale its cloud-native IoT SIM and connectivity management platform globally.

Why it matters

EMnify's cloud-native, API-first approach to IoT connectivity foreshadowed where the whole MVNO stack was heading — connectivity sold like a SaaS product rather than a telecom contract.

IoT
Connectivity
Europe

Source: One Peak