Eagle Wireless Raises $30M Series B for 5G Expansion
•February 20, 2026
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Companies Mentioned
Why It Matters
The infusion of capital positions Eagle Wireless to meet surging 5G demand and strengthens U.S. supply‑chain resilience, a critical factor for manufacturers and automakers seeking domestic connectivity solutions.
Key Takeaways
- •Eagle Wireless secures $30M Series B funding
- •Total capital now $44M, new investors onboard
- •Funds target 5G R&D and U.S. device manufacturing
- •Company aims to reduce offshore supply chain reliance
- •Projects $100M module revenue by next year
Pulse Analysis
The 5G rollout is reshaping industrial automation, smart manufacturing, and connected vehicles, creating a premium on reliable, low‑latency cellular modules. Eagle Wireless, one of the few Western‑based IoT module makers, has leveraged this market tailwind to attract a $30 million Series B round. By anchoring its R&D in Ohio and expanding to full‑device production, the firm not only accelerates its technology roadmap but also aligns with a broader industry push for domestic supply‑chain security.
Capital infusion enables Eagle Wireless to fast‑track its next‑generation 5G chipset development while scaling manufacturing capacity on U.S. soil. This dual focus addresses two pressing challenges: the need for more sophisticated connectivity hardware and the geopolitical pressure to reduce reliance on overseas production. Competitors that remain offshore may face longer lead times and tariff exposure, giving Eagle a competitive edge in speed‑to‑market for automotive OEMs and industrial IoT integrators seeking compliant, locally sourced solutions.
Looking ahead, Eagle’s projected $100 million in module revenue signals strong customer adoption and validates investor confidence. The company’s strategy of bundling design, module, and device manufacturing could set a new standard for end‑to‑end connectivity offerings, especially as automakers transition to vehicle‑to‑everything (V2X) ecosystems. While execution risk remains—particularly in scaling U.S. fab capacity—the firm’s capital backing and clear market demand suggest it is well‑positioned to capture a sizable share of the burgeoning 5G IoT market.
Eagle Wireless Raises $30M Series B for 5G Expansion
Eagle Wireless has completed a $30 million Series B funding round, a tremendous achievement for the rapidly expanding cellular module manufacturer. With this funding, the company has a total of $44 million, with investment from new partners Asymmetric Capital Partners and The O.H.I.O. Fund and previous partners.
Founded in 2024, Eagle Wireless is one of the only Western-based manufacturers in the IoT and automotive sectors. They provide industrial, commercial, and automotive IoT connectivity solutions. However, Eagle Wireless has focused on cellular modules, but the company is now moving up the value chain by offering full-device solutions. This strategy aims to simplify product development for customers, accelerate deployment timelines, and meet increasing connectivity demands across multiple industries.
The recently obtained funding will be allocated to growing research and development, fast-tracking Eagle Wireless’ 5G roadmap, and enabling the company’s full-device manufacturing expansion to the United States. This initiative aims to assist customers in lessening their overseas manufacturing dependencies and solidifying domestic supply chains.
Strategic Focus on 5G and Domestic Manufacturing
With the world rapidly transitioning to 5G, there has been an increasing need for more sophisticated cellular modules and devices in smart manufacturing, industrial automation, and connected vehicles. Additionally, Eagle Wireless also looks to add to next-generation connectivity options.
In the words of Eagle Wireless CEO Norbert Muhrer, the Series B funding exemplifies the value of the company’s principles and shows conviction in the company’s ability to offer exceptional connectivity solutions in the fast-growing 5G marketplace.
However, in addition to modules, Eagle Wireless will offer manufacturing of complete devices to help customers launch their connected solutions more quickly. To support U.S. supply chain resilience and reduce reliance on offshore supply sources, the company will provide integrated manufacturing solutions in the U.S.
More News: Vizzia Secures €30M Series B for EU City Surveillance
Investor Confidence and Growth Trajectory
Strong conviction in Eagle Wireless’ technology and expansion plans is showcased by existing investors co-leading the Series B round. Investors believe Eagle Wireless is positioned to address the increasing need for safe and domestic wireless communication solutions.
Eagle Wireless co-founder and chairman Mark Kvamme said U.S. manufacturing complements efforts to strengthen the national technology infrastructure. He said Eagle Wireless helps customers reduce supply chain challenges by providing domestic connectivity infrastructure solutions. Meanwhile, since starting operations in Ohio in 2025, Eagle Wireless has experienced substantial growth. The company expects over $100 million in committed module revenue next year and plans device production and enterprise design expansion.
Furthermore, Eagle Wireless aims to lead Western cellular module markets while advancing next-generation 5G technology. With stronger momentum, Eagle can invest and expand across the United States. By uniting design and manufacturing, Eagle Wireless positions itself for steady global connectivity growth. As markets shift, its U.S.-based manufacturing focus strengthens its position amid IoT and automotive connectivity growth.
The post Eagle Wireless Raises $30M Series B for 5G Expansion appeared first on Ventureburn.
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