Google invests in feature phone operating system KaiOS Technologies

By Laura Mullan
Google has invested an undisclosed amount in KaiOS Technologies, a Hong Kong company whose mobile operating system brings smartphone-like features to ch...

Google has invested an undisclosed amount in KaiOS Technologies, a Hong Kong company whose mobile operating system brings smartphone-like features to cheap feature phones.

KaiOS Technologies raised $50mn in the funding round led by Cathay Innovations, with firms such as Google and TCL Holdings taking part.

Last year, Google led a $22mn funding round for the company.

SEE ALSO:

“Our mission is to open up new possibilities for individuals, organizations, and society by bringing mobile connectivity to the billions of people without internet in emerging markets, as well as providing those in established markets with an alternative to smartphones,” explained Sebastien Codeville, CEO of KaiOS Technologies.

“We achieve this by collaborating closely with our business partners, enabling them to transform their business models with exciting new products and offerings, especially for first-time internet users.

“This Series B round allows us to accelerate these efforts and increase the impact we can make in societies around the world, one phone at a time.”

The firm says that the investment will help it expand into new markets, promote research and development, and grow the company’s developer pool.

Commenting on the funding round, Denis Barrier, Co-Founder and CEO of Cathay Innovation, outlined how KaiOS is already the third mobile OS globally.

“It has the potential to transform the lives of billions of people by giving them access to the internet for the first time,” he added.

“We are proud to join KaiOS’ fantastic investor base and to lead this round to support the company’s next phase of rapid expansion.”

KaiOS says that its operating systems now runs on more than 100mn devices across 100 countries.

Share

Featured Articles

How AI transformation is changing the marketing world

Nearly two in three marketers said they fear AI may replace their jobs in the next five years, and three in four say AI tools will impact their pay

NTT and Qualcomm team up to drive AI at the edge

NTT and Qualcomm are teaming up to accelerate Private 5G adoption across digital devices, enabling AI at the edge and driving digital transformation

Building Cyber Resilience into ‘OT in Manufacturing’ webinar

Join Acronis' webinar, Building Cyber Resilience into ‘OT in Manufacturing’, 21st September 2023

Google at 25: From a Search pioneer to AI breakthroughs

Digital Transformation

McKinsey: Nine actions for CIOs and CTOs to embrace gen AI

AI & Machine Learning

OpenAI ChatGPT Enterprise tier drives digital transformation

AI & Machine Learning