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Cavli Wireless Raises $10 Million In Fresh Funding From Chiratae, Qualcomm Ventures

PRIVATEJul 05, 2023

Amount Raised

$10 Million

Round Type

Funding Round

San JoseHardware

Description

Cellular module manufacturer Cavli Wireless has raised $10 million as part of its latest funding round, which was led by Chiratae Ventures and Qualcomm Ventures. The company says it will use the funding to expand its product portfolio, enhance its research and development capabilities, and widen its international presence. 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. It is also working on internet-of-things (IoT) solutions, both on the hardware and software side, integrating application processing capability, connectivity and data management onto a single platform

Quick answer

Cavli raised $10 Million in a Funding Round round, dated July 5, 2023. Cavli is based in San Jose, California, United States.

How much did Cavli raise?
Cavli raised $10 Million in a Funding Round round on July 5, 2023.
What does Cavli do?
At Cavli Wireless, we are building the next generation of IoT connectivity management technology with our line of intelligent hardware, network access solution and modem management cloud.
Where is Cavli based and how big is it?
Cavli is based in San Jose, California, United States. Fundz records about 51 employees.
Who are the decision-makers at Cavli?
Fundz holds 1 contact at Cavli. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware around the same time

Companies in the same sectors as Cavli that raised within 45 days of this round, from Fundz verified event records.

  • Tranch raised $1.3M (Seed) on August 17, 2023.
  • Miru Labs raised $750K (Seed) on August 17, 2023.
  • Ostendio raised an undisclosed amount (Funding Round) on August 17, 2023.
  • PIVOTAL COMMWARE, INC. raised $102M (Series D) on August 17, 2023.
  • Guerrilla RF raised $1.5M (Seed) on August 14, 2023.
  • Ondas raised $3.5M (Seed) on August 11, 2023.

Who to call at Cavli, and when

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Company Information

Company

Cavli

Location

99 SOUTH ALMADEN BLVD., SUITE 600

San Jose, California, United States

About

At Cavli Wireless, we are building the next generation of IoT connectivity management technology with our line of intelligent hardware, network access solution and modem management cloud. We bring to market a unique line of eSIM integrated smart IoT modules that are pre-loaded with local LTE,LPWAN, 5G* network connectivity and can be managed at scale with our flagship connectivity management platform solution - Cavli Hubble. We work with Cellular network providers around the world to faciliate local connectivity, so that IoT product makers get to focus on what really matters to them - improving their customer experience, and forget about the hassles of getting their devices smart connected.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.