Cellular IoT Semiconductor Company Raises $10M

Cavli Wireless to invest in cutting-edge technologies to address global automotive and industrial sectors

Liz Hughes, Editor, IoT World Today

July 5, 2023

1 Min Read
Cavli Wireless founding team. Left to Right: Tarun George, Ajit Thomas, John Mathew and Akhil Zeeb
Cavli Wireless founding team. Left to Right: Tarun George, Ajit Thomas, John Mathew and Akhil ZeebCavli Wireless

Cavli Wireless has closed a $10 million series A funding round as it looks to accelerate its global expansion and deepen its manufacturing base in India.

The cellular IoT semiconductor company designs and manufactures cellular modules in 4G and 5G technologies with integrated eSIM and global connectivity. 

CEO John Mathew said the funding will help strengthen Cavli's position in the global IoT market by expanding the company’s product portfolio, enhancing research and development and growing its international presence. 

“Cavli plans to invest in cutting-edge technologies, such as 5G with edge processing capabilities, to address the automotive and industrial sectors globally,” Mathew said. “With our platform solution Cavli Hubble tightly integrated with our hardware portfolio, we are pretty confident that Silicon to Cloud integration in its true sense is now a reality.”

The funding round was led by Qualcomm Ventures and Chiratae Ventures. 

About the Author(s)

Liz Hughes

Editor, IoT World Today, IoT World Today

Liz Hughes is an award-winning digital media editor with more than two decades of experience in newspaper, magazine and online media industries. 

A proven digital media strategist and editor, Liz has produced content and offered editorial support and leadership for a variety of web publications, including Fast Company, NBC Boston, Street Fight, QuinStreet, WTWH Media, AOL/Patch Media and Design News.

A skilled social media strategist experienced in developing and maintaining an audience across multiple platforms and brands, Liz also enjoys sharing her knowledge and expertise to help businesses small and large.

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