VC Fund Investments
Chiratae Ventures invests in US-based cellular module maker Cavli Wireless' $10-M round
San Jose, CA (USA)-headquartered Cellular module manufacturer Cavli Wireless has raised USD 10 million in a funding round led by Chiratae Ventures and Qualcomm Ventures. The company will use the funds to expand its product portfolio, enhance research and development capabilities, and widen international presence. It would also aim to deepen its manufacturing base in India and launch 5G and automotive solutions for its global customers. Founded in 2017 by John Mathew, Ajit Thomas, Tarun Thomas George, and Akhil A Zeeb, Cavli Wireless designs and manufactures cellular modules and semiconductors for 4G and 5G technologies, with integrated eSIM (integrated directly into the device) and global connectivity.
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