What is Movandi?
Founded by former Broadcom innovators, Movandi specializes in the design and development of cutting-edge semiconductor technology essential for 5G and beyond. The company's core expertise lies in RF and SoC innovation, addressing the critical need for high-performance 5G millimeter-wave deployments. Movandi's technology enables service providers and industry partners to launch enhanced 5G services at a reduced cost, interconnecting the world and powering AI applications across diverse industries.
How much funding has Movandi raised?
Movandi has raised a total of $90.8M across 3 funding rounds:
Series B
$23.8M
Series C
$27M
Other Financing Round
$40M
Series B (2017): $23.8M with participation from Cota Capital
Series C (2020): $27M led by Cola Capital, WRVI, and DNX Ventures
Other Financing Round (2025): $40M supported by 5G Ventures, Ithca Group, Murata, and VentureTech Alliance
Key Investors in Movandi
5G Ventures
5G Ventures S.A operates the Phaistos Investment Fund, which manages a capital of 101 million and has invested in 11 portfolio companies across various sectors. The fund focuses on innovative sectors such as fintech and space technology, exemplified by its investments in companies like Natech and D-Orbit. Its intended clients include startups and organizations looking for strategic investment and growth opportunities. The fund also collaborates with 13 organizations within its C-Network to enhance its investment strategy.
Ithca Group
ITHCA Group is focused on advancing the ICT sector in Oman by fostering synergies among various entities and aligning its portfolio with the National ICT Strategy. The company offers a range of services including ERP solutions, IT consultancy, cybersecurity, and data center management, aimed at enhancing the capabilities of small and medium enterprises. ITHCA Group is committed to developing advanced technologies such as artificial intelligence, robotics, and blockchain, while also establishing an excellence center for SME development. Their strategic approach emphasizes investment in the ICT ecosystem to maximize value creation and support the national agenda.
Murata
Murata Manufacturing is a global leader in the design, manufacture, and supply of advanced electronic components, modules, and solutions. Committed to innovation and quality, we serve industries ranging from automotive and healthcare to telecommunications and consumer electronics. With a focus on pushing the boundaries of technology, Murata empowers customers to create smarter, more connected, and more efficient products that shape the future. Discover how we make a difference in the world of electronics.
What's next for Movandi?
The substantial enterprise-level funding and recent strategic investment signal a strong market validation for Movandi's technological advancements. This capital infusion is expected to accelerate the company's product development, expand its market reach, and further solidify its position as a key enabler of next-generation wireless communication. Movandi is poised to continue its trajectory of innovation, driving the adoption of advanced 5G millimeter-wave solutions and supporting the burgeoning ecosystem of AI applications.
See full Movandi company page
