Veea went public via a SPAC merger with Plum Acquisition I in a $281m deal.

Veea, a digital transformation company, went public via a SPAC merger with Plum Acquisition I, a Cayman Islands exempted company formed as a special purpose acquisition company, in a $281m deal. "We are excited to continue our journey as a publicly traded company and look forward to working with the Plum team in expanding our business. Demand for hyperconverged edge computing and network connectivity solutions for enterprises and consumer markets with cybersecurity and secure connectivity continues to grow rapidly, and Veea’s transformative new product category is well positioned to deliver containerized applications supported by edge AI, groundbreaking cellular-like managed Wi-Fi and IoT devices, and a slew of other product capabilities at the edge," Allen Salmasi, Veea Chairman and CEO.