Movandi Corp announced it raised $29.6 Million in an initial filing from an offering of $35.8 Million

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Movandi is a leader in 5G millimeter wave (mmWave) technology. We design and develop deep semiconductor technology powering 5G and beyond interconnecting our world and enabling AI applications across multiple industries. Movandi solves the difficult 5G technology, cost and operational issues with patented semiconductor, smart relays, intelligent software and system architectures. Movandi is disrupting 5G by using a radically different approach that is yielding tremendous benefits over existing networks. 5G enables a transformation in wireless connectivity that offers orders of magnitude improvements in performance, coverage and latency.