Movandi Raises $40M to Accelerate Global 5G mmWave Coverage
October 16, 2025
byFenoms Startup Research

Movandi has secured $40 million in fresh funding, led by a group of deep-tech and telecom-focused investors including ITHCA Group, Phaistos Investment Fund, VT Alliance, Murata, Cota Capital, Celesta Capital, DNX Ventures, and SIERRA Ventures.
Founded by Maryam Rofougaran and Baher Rofougaran, Movandi is building the backbone technology that helps carriers finally make 5G mmWave networks viable - delivering high-speed, low-latency connectivity to dense urban centers, indoor environments, and moving vehicles.
Building the Brains Behind 5G Expansion
Movandi’s core innovation lies in its BeamXR smart repeater platform, which uses beamforming and intelligent routing to amplify and redirect 5G signals in real time. Traditional mmWave signals struggle to penetrate walls or navigate dense cityscapes - Movandi’s repeaters effectively “bend” these signals around obstacles, extending coverage without massive new infrastructure costs.
Instead of carriers needing to install hundreds of additional base stations or fiber backhauls, Movandi’s smart repeaters allow existing networks to stretch farther, faster, and cheaper. According to the company, its BeamXR architecture can reduce total network deployment costs by up to 50% compared to conventional densification models.
It’s a hardware play, but with deep software intelligence at its core - and that balance is what’s attracting investors who understand the economics of next-generation infrastructure.
The Global Context: A Market About to Explode
The millimeter wave (mmWave) technology market is projected to skyrocket from $2.8 billion in 2023 to $16.7 billion by 2033, growing at a 22.7% CAGR. Meanwhile, the 5G small cell and repeater market is expected to reach nearly $75 billion by 2032, as telecom operators race to densify their networks for IoT, AR/VR, and autonomous vehicles.
That’s not just growth - that’s inevitability. Every carrier in the world will have to find a way to make mmWave work efficiently, and Movandi is quietly becoming the bridge that makes it possible.
But beyond the tech, there’s something even more interesting happening here - something that founders in any industry should take note of.
A Lesson Hidden in Movandi’s Model)
The deeper brilliance of Movandi’s story isn’t just the engineering - it’s the strategy. Movandi is succeeding not because it’s trying to own the network, but because it’s finding leverage within it.
Too many deep-tech founders assume success comes from replacing incumbents. Movandi flipped that logic: instead of competing with telecom giants, it made itself indispensable to them.
That’s a strategic pivot every founder in a capital-heavy or regulated industry should study. When you build something that helps legacy systems evolve rather than rebuild, you become the middleware of progress - invisible, but irreplaceable.
Movandi didn’t try to create the next telecom operator or the next chipset monopoly. It built a layer that enhances everything around it, aligning its growth with the success of the entire ecosystem. This is the founder’s real power move: build where others already have momentum, and then make yourself essential to their speed.
Here’s the insight: founders who position themselves as accelerators, not disruptors, grow faster and face less resistance. Ecosystem leverage - not total disruption - is the smarter, compounding path to dominance in deep-tech.
Movandi’s strategy is a reminder that sometimes, the best way to change an industry is not by burning it down, but by teaching it how to run faster with your technology quietly embedded inside every transaction, every signal, every upgrade.
Scaling the Infrastructure of the Future
With the $40 million raise, Movandi plans to expand manufacturing and R&D for its BeamXR platform, strengthen partnerships with carriers, and scale commercial deployments across North America, Europe, and Asia.
Its repeaters are already being tested in dense urban markets where 5G coverage gaps remain a pain point - and its early partnerships with hardware giants like Murata could accelerate mass production at lower costs.
This funding also gives Movandi the runway to advance its mesh repeater architecture, allowing multiple BeamXR devices to self-organize and optimize network performance dynamically - an approach that hints at a near-autonomous 5G infrastructure layer.
As global data consumption continues to rise - expected to reach 403 exabytes per month by 2030, up from 128 exabytes in 2023 (GSMA Intelligence) - the need for smarter, denser networks will only intensify. Movandi’s ability to extend existing infrastructure rather than rebuild it positions it as a cost-saving partner in a trillion-dollar connectivity race.
The Broader Market Picture
- 5G Infrastructure Market Size: Projected to grow from $28 billion in 2024 to $260 billion by 2033, at a CAGR of 28.7% (Precedence Research).
- mmWave Adoption: Expected to represent 25% of all 5G connections by 2030, driven by enterprise and fixed wireless access (GSMA).
- Energy & Efficiency Pressure: Telecom operators spend roughly 15–40% of operating expenses on network power. Smart repeaters like Movandi’s could cut energy waste by enabling more efficient transmission at lower power levels.
These trends converge into one narrative: 5G is not about adding more towers - it’s about making existing networks smarter, cheaper, and denser. Movandi sits at that intersection, offering a multiplier effect rather than a replacement.
What’s Next for Movandi
With this funding, Movandi will focus on:
- Commercial Expansion: Bringing BeamXR into major markets, particularly in Asia and the Middle East where mmWave adoption is accelerating.
- Ecosystem Partnerships: Deepening collaborations with carriers, chipmakers, and equipment OEMs to standardize its technology.
- AI-Driven Optimization: Integrating AI into repeater networks for autonomous signal routing and predictive fault detection.
- Sustainability Goals: Using smart energy control to reduce telecom emissions, aligning with the industry’s 2040 carbon-neutral targets.
If executed well, Movandi could become the unseen infrastructure powering global 5G and even future 6G frameworks - the quiet engine behind faster, smarter, and more accessible connectivity.









