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satellite connectivity
United States
Satellite
Venture Capital
Completed
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Synopsis
Intel Capital, a corporate venture capital, and Innovation Endeavors, an early‑stage venture firm, led a $37m round in Skylo Technologies, a direct-to-device satellite connectivity service provider, with participation from BMW i Ventures, Next47, Samsung Catalyst Fund, and Seraphim Space. "We’re immensely proud to lead this new chapter in direct-to-device satellite connectivity, supported by an incredible consortium of investors. Their commitment helps make Skylo’s standards-based service the default choice for the NTN ecosystem. This round accelerates our carrier partnerships and supports all top device makers adopting our standards-based solution,” Parth Trivedi, Skylo CEO and Co-Founder.
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