Airalo co-founders Duran Akçaylier and Ahmet Bahadir Ozdemir (R)

Airalo, a US-based e-SIM startup with hubs in Singapore, Toronto, and Istanbul, has secured US$5.4M in a Series A investment round led by Japanese corporate VC firm Rakuten Ventures.

Sequoia Capital India’s Surge, Antler, Singtel Innov8, Wayra (Telefonica), LG Technology Ventures, GO Ventures, Ground Control, Plug and Play, and I2BF Global Ventures also participated.