Tech Company Financing Transactions
Skylo Funding Round
Skylo, operating out of San Mateo, raised $37 million in investment from BMW i Ventures, Innovation Endeavors and Intel Capital.
Transaction Overview
Company Name
Announced On
2/13/2024
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support its direct-to-device satellite connectivity solution and expand its scale and operations, advancing its commitment to making non-terrestrial networks more accessible for various sectors.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
312 N San Mateo Dr.
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Undisclosed
Website
Email Address
Overview
The most affordable and accessible wireless network to mobilize the world's machine data. Skylo Technologies is building the data service of the future for the Internet of Things. A spin-out from the Stanford Space Systems Development Laboratory, Skylo's mission is to bring ubiquitous connectivity to millions of machines, sensors and devices globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Parthsarathi Trivedi
Chief Technical Officer
Andrew Kalman
Chief Technical Officer
Andrew Nuttall
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