Movandi, a pioneer in 5G mmWave technology and intelligent wireless systems, has successfully raised $40 million in its latest funding round. The round saw participation from ITHCA Group, Phaistos Investment Fund, VT Alliance, Murata, Cota Capital, Celesta Capital, DNX Ventures, and SIERRA Ventures, reflecting a strong vote of confidence in the company’s role in advancing the global 5G infrastructure ecosystem.

Under the leadership of Maryam Rofougaran, co-founder and CEO, Movandi is reshaping the future of high-speed wireless communication. The company’s proprietary BeamXR technology and smart repeater systems are designed to extend 5G coverage, reduce deployment costs, and enable seamless connectivity across cities, industries, and devices  -  fueling the vision of a truly connected world.

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Redefining 5G Infrastructure

While 5G promises lightning-fast connectivity, its rollout has faced a major challenge  -  signal limitations in dense urban and indoor environments. Traditional network equipment struggles to penetrate walls or deliver consistent coverage across large areas.

Movandi solves this with its BeamXR Smart Repeaters, a technology that amplifies and redistributes mmWave signals intelligently, expanding network reach without costly infrastructure upgrades. By enabling carriers to deploy 5G faster and more efficiently, Movandi is helping realize the full potential of next-generation connectivity.

The company’s innovation has already attracted collaborations with major global telecom operators and hardware manufacturers, positioning Movandi as one of the most pivotal players in the 5G value chain.

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Maryam Rofougaran: Leading with Vision and Precision

Maryam Rofougaran, a seasoned engineer and serial entrepreneur, brings unmatched expertise in RF systems, semiconductors, and wireless architecture. Before co-founding Movandi, she played key roles at Broadcom and Innovent Systems, where her technical leadership shaped foundational innovations in wireless chips and network integration.

Rofougaran’s mission with Movandi is to make high-performance 5G accessible, affordable, and sustainable. Her leadership philosophy is grounded in combining engineering excellence with market pragmatism  -  an approach that has not only earned Movandi global recognition but also sparked industry partnerships that accelerate adoption.

“Our goal isn’t just to enhance connectivity,” Rofougaran has said. “It’s to build the intelligent wireless layer that will power the future  -  from smart cities and autonomous vehicles to industrial IoT.”

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Inside Movandi’s BeamXR Technology

At the heart of Movandi’s success lies its BeamXR Smart Repeater Platform, a breakthrough that solves the most pressing problem in mmWave deployment: signal attenuation.

Unlike traditional repeaters, BeamXR devices use AI-driven beamforming algorithms and low-latency signal processing to detect, amplify, and redirect signals dynamically  -  adapting to environmental conditions in real time.

This results in up to 80% lower deployment costs and 4x faster rollout speeds, enabling carriers to deliver reliable coverage in previously unreachable areas.

By optimizing spectrum efficiency, Movandi’s solutions also help reduce network energy consumption  -  a critical factor as 5G networks scale globally.

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The Ultra Insight: What Founders Can Learn from Movandi’s Playbook

Movandi’s story reveals a powerful truth about scaling deep-tech ventures: true innovation lies in system-level thinking, not just product excellence.

Rather than trying to outcompete hardware giants, Movandi positioned itself as an enabler of the entire 5G ecosystem  -  building solutions that make every player in the chain more efficient. This “platform enabler” strategy is the cornerstone of sustainable growth in complex industries.

Founders in emerging tech can take note: when your innovation improves the economics and performance of your customers’ existing systems, you’re not just selling a product  -  you’re embedding yourself into the future infrastructure of the industry.

Movandi didn’t aim to replace telecom incumbents. It empowered them to move faster. And that’s what made investors line up  -  because enablers scale with the system they empower.

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Strategic Investors Fueling Global Growth

The latest funding round brings together an impressive consortium of investors, each aligned with Movandi’s mission to revolutionize wireless connectivity:

• ITHCA Group – Backing innovation in digital infrastructure and connectivity.
  
• Phaistos Investment Fund – Focused on developing cutting-edge 5G applications across the Mediterranean region.
  
• VT Alliance – Supporting deep-tech ventures in communications and electronics.
  
• Murata – A global leader in electronics and wireless modules, likely to strengthen Movandi’s supply chain and integration capabilities.
  
• Cota Capital, Celesta Capital, DNX Ventures, and SIERRA Ventures – Bringing decades of experience in scaling semiconductors, hardware, and enterprise technology ventures.
  

This strategic network of backers will help Movandi accelerate global partnerships, expand into new telecom markets, and scale its smart repeater platform for both private and public 5G networks.

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Market Context: 5G, AI, and the Next Connectivity Frontier

The global 5G infrastructure market is projected to reach $150 billion by 2030, with a CAGR of over 47% (Grand View Research). Yet, only 25% of global coverage currently achieves the true high-speed potential of mmWave frequencies.

As governments and enterprises push for smart cities, autonomous transport, and Industry 4.0, reliable 5G networks become the backbone of progress. The challenge, however, lies in cost-effective deployment  -  precisely where Movandi delivers value.

By 2027, over 75% of new industrial IoT systems are expected to rely on high-frequency 5G networks. Movandi’s technology makes this scalable  -  and sustainable.

Moreover, as AI-driven network optimization grows, Movandi’s architecture enables adaptive connectivity that evolves with user demand and data flow  -  a major differentiator as telecom shifts from static coverage models to intelligent network orchestration.

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The Road Ahead: Building the Intelligent Wireless Future

With this $40 million raise, Movandi plans to expand manufacturing, enhance R&D, and deploy new BeamXR-enabled products globally. The company will focus on partnerships with telecom operators, infrastructure providers, and edge computing platforms to accelerate the integration of 5G and emerging 6G standards.

The funding will also support the development of energy-efficient, AI-enhanced signal optimization, positioning Movandi as a key player in sustainable network transformation.

For Maryam Rofougaran, this milestone is more than a financial win  -  it’s a step toward the next phase of global communication.

“Connectivity is the foundation of modern innovation,” she said. “At Movandi, we’re designing the invisible highways that tomorrow’s technologies will run on.”

As industries and cities evolve, Movandi is shaping the unseen infrastructure that will keep them connected, intelligent, and unstoppable.