Skylo raises $37 million co-led by Intel Capital, Innovation Endeavors; BMW, Samsung among new investors

NEW DELHI: Direct-to-device (D2D) satellite connectivity provider Skylo Technologies has raised $37 million in funding co-led by Intel Capital and Innovation Endeavors, while its new investors include BMW i Ventures, Next47, Samsung Catalyst Fund, and Seraphim Space.

Following this, David Johnson, Managing Director of Intel Capital has joined Skylo’s board.