Friday, July 11, 2025

Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation (Kelsey Warner/Semafor)

Kelsey Warner / Semafor:
Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation  —  A startup looking to address steep roaming charges with lower-cost digital SIM cards is the telecom industry's latest unicorn.  Airalo has raised $220 million in new funding …



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...