# Skylo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skylo-technologies

- Industry: Telecoms
- Headquarters: Mountain View, US
- Website: www.skylo.tech
- Total disclosed funding: $204M
- Latest round: Series B (Feb 27, 2025)
- Investors on record: 13

## About

Skylo Technologies, Inc. is a US-based company that provides satellite connectivity solutions, focusing on sensor data transmission and messaging, enabling reliable communication in remote and challenging environments.Founded in 2017 and headquartered in Mountain View, US, Skylo Technologies, Inc. specializes in satellite-based communication solutions. The company has successfully raised funding over several rounds, with its latest Series B round occurring on February 27, 2025, where it secured USD 30 mn led by NGP Capital, with participation from various investors including BMW i Ventures and Intel Capital. Skylo was co-founded by Andrew Nuttall, Dana B., Joe Southards, Parthsarathi Trivedi, and Tarun Gupta, with Parthsarathi Trivedi currently serving as CEO.Skylo specializes in providing a global non-terrestrial network that leverages 3GPP Rel-17 based satellite connectivity. Their core product offerings include satellite-based solutions for sensor data transmission, SMS messaging, and upcoming voice call services. These services aim to address critical communication needs in diverse applications, such as tracking maritime containers, monitoring electrical grids in remote regions, and enabling reliable messaging for outdoor enthusiasts to ensure safety. Skylo's client base encompasses industries that require constant connectivity, particularly in challenging environments, including logistics, energy, and outdoor recreation. Their products are available in various markets worldwide, ensuring global accessibility for users who demand uninterrupted communication regardless of location.Skylo’s revenue structure is primarily built around partnerships and subscription models with various businesses that require reliable satellite connectivity. These partnerships enable the company to provide its services to clients in a B2B context, allowing for seamless integration with existing systems. Transactions typically involve clients subscribing to Skylo's connectivity solutions, which may include firmware upgrades for existing hardware, thereby eliminating the need for additional equipment. While specific pricing plans for their services are not disclosed, the revenue model is structured to support ongoing service agreements, with options for tailored solutions based on client demands. Skylo's emphasis on simplicity and reliability in its offerings positions it as a competitive player in the satellite communications industry.In February 2025, Skylo Technologies, Inc. raised USD 30 mn in Series B funding to scale its direct-to-device satellite service globally. The company aims to expand its coverage across new regions, specifically targeting Brazil, Australia, and New Zealand. This funding will enhance connectivity for smartphones, vehicles, and IoT devices, aligning with Skylo's strategy to launch new products and improve existing service offerings.

## Funding rounds

- Series B, Feb 27, 2025, $30M — N47, Intel Capital, NGP Capital, BMW i Ventures, Samsung Strategy & Innovation Center, Westley Group Ltd
- Series A, Dec 29, 2023, $56M — N47, Intel Capital, Seraphim Space Manager, BMW i Ventures, Innovation Endeavors, Samsung Strategy & Innovation Center
- Series B, Jan 21, 2020, $105M — DCM, Boeing Company, SoftBank Group, Innovation Endeavors, HorizonX Ventures, Moore Strategic Ventures
- Series A, Oct 12, 2018, $13M — DCM, Innovation Endeavors, HorizonX Ventures, Moore Strategic Ventures

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A, Series B
- HorizonX Ventures (https://capitalatlas.ai/funds/horizonx-ventures) — Series A, Series B
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series A, Series B
- Boeing Company — Series B
- SoftBank Group — Series B
- N47 (https://capitalatlas.ai/funds/n47) — Series A, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Seraphim Space Manager (https://capitalatlas.ai/funds/seraphim-space-manager) — Series A
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series A, Series B
- Samsung Strategy & Innovation Center (https://capitalatlas.ai/funds/samsung-strategy-innovation-center) — Series A, Series B
- NGP Capital (https://capitalatlas.ai/funds/ngp-capital) — Series B
- Westley Group Ltd — Series B