Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation (Kelsey Warner/Semafor)
153d ago
Technology
Techmeme
Airalo, a company providing affordable eSIM roaming packages for international travelers, has secured $220 million in funding, achieving a valuation exceeding $1 billion. This makes Airalo the newest unicorn in the telecommunications sector, aiming to disrupt traditional roaming charges with its lower-cost digital SIM card solutions. The funding will likely be used to expand its network and further develop its technology.