Skip to main content

Movandi raises $40M to enhance connectivity solutions in Middle East

Source Decision Insights Record Published October 14, 2025 Companies 2
Human View Machine View

2 companies named across 8 categories, the first article referencing Movandi.

Companies mentioned

Best suited for

Decision stage
Which to buy
Adoption curve
Early Adopters

Our classification, not the publisher's statement. Best suited for, not only for.

Movandi announced a $40 million funding round led by ITHCA Group to enhance connectivity infrastructure across 5G, Satellite Communications (Satcom), and fixed wireless access. This investment supports the company's expansion into the Middle East and establishes an innovation hub in Oman.

The funding was prominently supported by a $20 million investment from ITHCA Group, which focuses on technology ventures in the MENA region. Additional participation came from Phaistos Investment Fund and notable technology entities including Murata, as well as existing investors such as Cota Capital and Celesta Capital.

Maryam Rofougaran, CEO of Movandi, indicated that this funding represents a critical point in the company's growth, broadening its scope into Satcom and artificial intelligence-driven connectivity. Movandi plans to strengthen its presence by opening an office in Oman, cultivating partnerships within local academic institutions.

ITHCA's investment aligns with Oman's Vision 2040 objective to foster a technology ecosystem focusing on Artificial Intelligence (AI) and related sectors. Said Al Mandhari, ITHCA Group CEO, emphasized the importance of collaborating with global semiconductor firms to enhance local talent and resource utilization.

Movandi's current technologies are positioned to address cost and latency challenges within LEO Constellation (Low Earth Orbit) (LEO) satellite systems and fixed wireless access. The company aims to deliver high-performance solutions characterized by efficiency and compact design.

Press release, provided by Cision on behalf of Movandi. Read the original.

Mentions

Structured data (JSON-LD)

The schema.org markup this page publishes for search engines and AI agents, exactly as they read it.

[
  {
    "@context": "https://schema.org",
    "@id": "https://decisioninsights.ai/#website",
    "@type": "WebSite",
    "name": "Decision Insights",
    "potentialAction": {
      "@type": "SearchAction",
      "target": {
        "@type": "EntryPoint",
        "urlTemplate": "https://decisioninsights.ai/search/?q={search_term_string}&submit=1"
      }
    },
    "publisher": {
      "@id": "https://decisioninsights.ai/#organization"
    },
    "url": "https://decisioninsights.ai"
  },
  {
    "@context": "https://schema.org",
    "@id": "https://decisioninsights.ai/#organization",
    "@type": "Organization",
    "contactPoint": {
      "@type": "ContactPoint",
      "contactType": "customer support",
      "email": "[email protected]"
    },
    "description": "Decision Insights is a Registry of technology companies, open source projects, and industry terms, built for people and for AI agents that need sourced, structured information.",
    "logo": {
      "@type": "ImageObject",
      "url": "https://wiretap-cdn-assets.nyc3.cdn.digitaloceanspaces.com/decision-insights/[email protected]"
    },
    "name": "Decision Insights",
    "parentOrganization": {
      "@type": "Organization",
      "name": "Wiretap Labs",
      "sameAs": [
        "https://www.linkedin.com/company/wiretap-labs",
        "https://www.crunchbase.com/organization/wiretap-labs"
      ],
      "url": "https://wiretaplabs.com"
    },
    "publishingPrinciples": "https://decisioninsights.ai/standards/",
    "sameAs": [
      "https://www.linkedin.com/company/decisioninsights"
    ],
    "url": "https://decisioninsights.ai"
  },
  {
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
      {
        "@type": "ListItem",
        "item": "https://decisioninsights.ai",
        "name": "Decision Insights",
        "position": 1
      },
      {
        "@type": "ListItem",
        "item": "https://decisioninsights.ai/records/",
        "name": "Records",
        "position": 2
      },
      {
        "@type": "ListItem",
        "item": "https://decisioninsights.ai/movandi-raises-40m-to-enhance-connectivity-solutions-in-middle-east/",
        "name": "Movandi raises $40M to enhance connectivity solutions in Middle East",
        "position": 3
      }
    ]
  },
  {
    "@context": "https://schema.org",
    "@id": "https://decisioninsights.ai/movandi-raises-40m-to-enhance-connectivity-solutions-in-middle-east/#blogposting",
    "@type": "NewsArticle",
    "about": {
      "@id": "https://decisioninsights.ai/registry/movandi/#organization",
      "@type": "Organization",
      "mainEntityOfPage": "https://decisioninsights.ai/registry/movandi/",
      "name": "Movandi"
    },
    "articleSection": [
      "Artificial Intelligence",
      "Network Operator"
    ],
    "audience": [
      {
        "@type": "Audience",
        "additionalType": "Adoption curve",
        "audienceType": "Early Adopters"
      }
    ],
    "author": {
      "@id": "https://decisioninsights.ai/author/decision-insights-signals/#person",
      "@type": "Person",
      "name": "Decision Insights Record",
      "url": "https://decisioninsights.ai/author/decision-insights-signals/"
    },
    "dateModified": "2026-08-23T14:17:28-06:00",
    "datePublished": "2025-10-14T01:32:38-06:00",
    "description": "Movandi raised $40 million to enhance 5G and satellite communications, expanding into the Middle East and supporting Oman’s Vision 2040.",
    "headline": "Movandi raises $40M to enhance connectivity solutions in Middle East",
    "isBasedOn": {
      "@type": "CreativeWork",
      "sourceOrganization": {
        "@type": "Organization",
        "name": "Cision"
      },
      "url": "https://www.prnewswire.com/news-releases/movandi-secures-40m-to-power-next-generation-intelligent-connectivity-for-the-ai-era-302582707.html"
    },
    "keywords": [
      "Connectivity",
      "Funding",
      "Investment",
      "LEO Constellation",
      "Satellite Communications",
      "Wireless"
    ],
    "mainEntityOfPage": {
      "@id": "https://decisioninsights.ai/movandi-raises-40m-to-enhance-connectivity-solutions-in-middle-east/",
      "@type": "WebPage",
      "sdDatePublished": "2026-08-23",
      "sdPublisher": {
        "@id": "https://decisioninsights.ai/#organization"
      }
    },
    "mentions": [
      {
        "@id": "https://decisioninsights.ai/registry/movandi/#organization",
        "@type": "Organization",
        "mainEntityOfPage": "https://decisioninsights.ai/registry/movandi/",
        "name": "Movandi"
      },
      {
        "@id": "https://decisioninsights.ai/registry/murata/#organization",
        "@type": "Organization",
        "mainEntityOfPage": "https://decisioninsights.ai/registry/murata/",
        "name": "Murata"
      }
    ],
    "publisher": {
      "@id": "https://decisioninsights.ai/#organization"
    }
  },
  {
    "@context": "https://schema.org",
    "@id": "https://decisioninsights.ai/author/decision-insights-signals/#person",
    "@type": "Person",
    "description": "Press releases and independent analyst research, structured into concise summaries for research and monitoring. Produced under our Standards & Methodology.",
    "name": "Decision Insights Record",
    "sameAs": [
      "https://www.linkedin.com/showcase/decisioninsights/"
    ],
    "url": "https://decisioninsights.ai/author/decision-insights-signals/"
  }
]

Is this your company? Get structured data for your own pages