Kigen Receives Strategic Investment from SBI Group to Expand Global eSIM Innovation
Kigen, a leader in eSIM and iSIM security solutions, has secured a strategic investment from SBI Group, fortifying its mission to make secure cellular technology more accessible. The funding will accelerate Kigen's growth in industrial IoT, supporting secure connectivity and the adoption of eSIM technology in various sectors.
- Country:
- Canada
Kigen, a global forerunner in eSIM and iSIM security technologies, announced a strategic investment from SBI Group, Japan's prominent financial services and investment conglomerate. This capital injection, alongside existing partnerships with Arm Holdings and SoftBank Vision Fund 2, marks a crucial advancement in Kigen's mission to democratize secure cellular technology for device manufacturers and IoT innovators.
The investment is set to expedite Kigen's expansion, particularly within the industrial IoT domain, where the demand for secure, scalable connectivity in infrastructure, manufacturing, and electronics is mounting. CEO Vincent Korstanje expressed enthusiasm towards SBI Group's support, emphasizing the foundational role of secure connectivity in future technological advancements, including AI integration with the physical world.
Capitalizing on its proven record in shaping GSMA's eSIM standards, Kigen partners with leading device makers and mobile operators to streamline the deployment and management of eSIM-enabled devices. The strategic support from SBI Group offers substantial regional leverage, enhancing Kigen's influence in Asia and underscoring its pivotal role in the evolution of intelligent, autonomous systems.
(With inputs from agencies.)
ALSO READ
Kim Jong Un Rings in New Year with Patriotic Fanfare and Political Implications
Plastisphere Viruses: Hidden Drivers of Antibiotic Resistance
TRAI's Strategic Move: Light-touch Regulation for M2M/IoT SIMs
TRAI issues framework for foreign SIM/eSIM use in M2M–IoT devices meant for export
Riot Erupts Over Denied Poll Ticket in Nagpur

