Today, we are proud to announce that Cathay Innovation is the latest investor in KaiOS Technologies, leading the US $50 million Series B round along with existing investors Google and TCL.
KaiOS, whose mission is to connect the next billion users to the Internet, has already made significant headway with more than 100 million KaiOS phones shipped in less than 18 months. The company has establishing itself as the third largest mobile phone operating system (OS) after iOS and Android and the fastest growing ever OS at such an early stage. To further credit this standout company, KaiOS’s partnership with Jio in India, was recently awarded as the top initiative on Fortune’s “Change the World list” for its efforts in bringing internet access to the world.