Oman’s ITHCA invests $20M in U.S. chipmaker Movandi
Press Release

Oman’s ITHCA invests $20M in U.S. chipmaker Movandi

Mo·7:32 AM TST·October 15, 2025

Oman’s ITHCA Group leads a $40M round with a $20M investment in U.S. chipmaker Movandi, aiming to establish Muscat as a regional hub for 5G and semiconductor innovation.

Oman's ITHCA invests $20M in U.S. chipmaker Movandi, boosting 5G innovation. Discover how this strategic partnership impacts the future of tech.
Share:
M

Mo serves as TechScoop's Fintech & Startups Editor, bringing unparalleled insight into the world of digital banking, payments, and emerging financial technologies across the Middle East. With 41+ articles under his belt, Mo has built a reputation for breaking exclusive stories on funding rounds and startup acquisitions. His deep network within the VC community gives TechScoop readers first access to the deals shaping tomorrow's economy. Mo previously covered technology for leading regional publications before joining TechScoop.

View Bio →

Related Articles

View all →
Advertisement