Airalo Rakes in $60M in Series B Funding Round

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Key Takeaways

  • Airalo recently completed a Series B funding round, raising an impressive $60 million USD.
  • The fundraising brings their total funding amount to $67.25 million.
  • This marks the fifth successful funding round for the company.
  • Notable investors included e& capital, GO Ventures, and Rakuten Capital.

Airalo, a promising startup based in Singapore, has secured a whopping $60 million USD in a recent Series B funding round. This major funding injection marks a significant new chapter for Airalo, which operates in the Mobile Apps, Telecommunications, and Travel industries.

Airalo is a unique eSIM store that caters to travelers, offering access to eSIMs at local and affordable rates. Notably, the company has successfully attracted attention and investment from a variety of industry heavyweights. The impressive roster of investors in this round includes e& capital, Antler, GO Ventures, I2BF Global Ventures, KPN Ventures, LG Technology Ventures, Liberty Global, Orange, Rakuten Capital, Singtel Innov8, Surge, T Capital, and Telefonica.

With this most recent funding round, Airalo’s total funding amount has reached an impressive $67.25 million. This marks the fifth funding round for the company, demonstrating consistent confidence in the future of its innovative eSIM solution.

The fundraising date was July 31, 2023. For more information about Airalo, visit their website.

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