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Softbank invests in satellite NB-IoT start-up Skylo

Tuesday 21 January 2020 | 12:30 CET | News
Skylo, the start-up developing satellite IoT services, announced that the company has emerged from 'stealth' with USD 116 million in total funding. The company previously raised USD 13 million in a Series A round co-led by DCM and Innovation Endeavors, and joined by Moore Strategic Ventures. The new Series B round raised USD 103 million, led by SoftBank Group and joined by all existing investors.

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Categories: Broadcast & Satellite
Companies: Softbank
Countries: World
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