CVC invests in Singaporean tech company Airalo at $1 billion-plus valuation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2025
0mins
Source: Reuters
CVC Investment in Airalo: European private equity firm CVC led a $220 million funding round for Singaporean travel tech company Airalo, valuing it at over $1 billion. CVC invested $185 million, with participation from existing investors Peak XV and Antler Elevate.
Airalo's Growth and Plans: Founded in 2019, Airalo specializes in eSIM technology, allowing users to switch wireless providers easily. The new funding will enhance customer experience and support, as the company aims to innovate its offerings in the growing digital travel eSIM market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
