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Movandi Raises $40M Strategic Growth Round Led by ITHCA Group
Growth StageVenture CapitalB2B Growth

Movandi Raises $40M Strategic Growth Round Led by ITHCA Group

•October 14, 2025
•Oct 14, 2025
0

Participants

Movandi

Movandi

company

ICHCA

ICHCA

investor

5G Ventures

5G Ventures

investor

Santa Clara Valley Transportation Authority

Santa Clara Valley Transportation Authority

investor

Murata Manufacturing

Murata Manufacturing

investor

Cota Capital

Cota Capital

investor

Celesta

Celesta

investor

DNX Solutions

DNX Solutions

investor

Sierra Ventures

Sierra Ventures

investor

Deal Summary

Movandi raised $40 million in strategic funding to accelerate global deployment of high-performance connectivity across 5G, satellite communications, and fixed wireless access. The $20M-led round by ITHCA Group included Phaistos Investment Fund, VT Alliance, Murata, and existing backers Cota Capital, Celesta Capital, DNX Ventures and Sierra Ventures.

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