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Back to articles
February 23, 2026
•Jesse LandryJesse Landry

Eagle Wireless Secures $30M in Series B Funding Led by Asymmetric Capital Partners and The O.H.I.O. Fund

There are funding rounds that feel like paperwork. Then there are rounds that feel like a signal flare. Eagle Wireless just lit one.

On Feb 19, 2026, Eagle Wireless announced a $30M Series B, bringing total capital raised to $44M. Asymmetric Capital Partners and The O.H.I.O. Fund stepped in as co-leads, backing a company that is not selling vibes or vapor. They are selling signal. Real modules. Real manufacturing. Real supply chain muscle built in the United States and extended across Germany, Serbia, and APAC.

Start with the origin story. Eagle Electronics acquires Wireless Mobility in Dec 2025. Hardware meets global engineering. Cleveland and Solon, Ohio become more than coordinates. They become proof that advanced IoT and automotive connectivity modules do not have to cross oceans before they cross circuits. That is not nostalgia. That is strategy.

Mark Kvamme, Founder and Chairman of the Board, understands capital. Thomas Dembinski, President and Director, understands execution. One built Eagle Electronics. The other scaled it and then stitched Wireless Mobility into the fold. Together they did not just form a company. They formed a perimeter. Around IP. Around production. Around trust.

And the bench runs deep. Norbert Muhrer. Martin McCourt. Dawn Meyerriecks. Alexander Wiefett and Manfred Lindacher as Managing Directors. Aaron Kurland leading software. Joel Young holding 16 patents in communication technology. Sales leadership across North America, APAC, North Europe, and Eastern Europe. This is not a brochure roster. It is a map of intent.

Eagle Wireless calls itself the first Western supplier of IoT and automotive connectivity modules with operations spanning North America, Europe, and APAC. That is a bold claim. It is also a pointed one. In a world where supply chains have been stress tested in public, Western manufacturing is not a slogan. It is leverage.

The $30M is not about headlines. It accelerates R&D. It scales U.S.-based production. It strengthens localized customer support in 3 regions. It sharpens a portfolio of market-ready cellular solutions designed for mission-critical industries that do not tolerate dropped signals or geopolitical surprises.

This is what disciplined capital looks like. Identify a structural shift. Acquire with intent. Build where it matters. Raise when the foundation is already poured.

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