UK Telecom startup funding

UK Telecom startups have raised €1.12bn across 25 rounds since January 2023, 1.6% of the money raised by all UK startups in that time (debt excluded).

In 2026 so far, 3 rounds have raised €300m, with a median round of €300m.

The largest round in the data is Open Cosmos's €300m round in September 2026.

Most of the money goes to companies in Harwell, Nottingham, London.

The most active investors are Claret Capital Partners, ETF Partners, YFM Equity Partners.

Total raised

€1.12bn

since January 2023

Rounds

25

6 undisclosed

Companies

20

raising at least once

Median round

€7.2m

of rounds with an amount

Money raised each quarter

€m
Money raised each quarterMoney raised each quarter: 16 rows. Highest: Q3 23 (€434m). Lowest: Q4 26 (€0m).Q1 23: €4.71m. Rounds: 2Q2 23: €27.7m. Rounds: 2Q3 23: €434m. Rounds: 3Q4 23: €5.75m. Rounds: 1Q1 24: €22.1m. Rounds: 2Q2 24: €4.91m. Rounds: 3Q3 24: €1.17m. Rounds: 1Q4 24: €43.8m. Rounds: 2Q1 25: €0m. Rounds: 0Q2 25: €0m. Rounds: 2Q3 25: €264m. Rounds: 3Q4 25: €7.16m. Rounds: 1Q1 26: €0m. Rounds: 0Q2 26: €0m. Rounds: 2Q3 26: €300m. Rounds: 1Q4 26: €0m. Rounds: 0Q1 23: €4.71m. Rounds: 2Q2 23: €27.7m. Rounds: 2Q3 23: €434m. Rounds: 3Q4 23: €5.75m. Rounds: 1Q1 24: €22.1m. Rounds: 2Q2 24: €4.91m. Rounds: 3Q3 24: €1.17m. Rounds: 1Q4 24: €43.8m. Rounds: 2Q1 25: €0m. Rounds: 0Q2 25: €0m. Rounds: 2Q3 25: €264m. Rounds: 3Q4 25: €7.16m. Rounds: 1Q1 26: €0m. Rounds: 0Q2 26: €0m. Rounds: 2Q3 26: €300m. Rounds: 1Q4 26: €0m. Rounds: 0Raised (€m)Rounds (line)€0m€200m€400m€600mQ1 23Q2 23Q3 23Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26Q3 26Q4 26€434m
Show the data as a table
LabelValue (€m)Rounds
Q1 23€4.71m2
Q2 23€27.7m2
Q3 23€434m3
Q4 23€5.75m1
Q1 24€22.1m2
Q2 24€4.91m3
Q3 24€1.17m1
Q4 24€43.8m2
Q1 25€0m0
Q2 25€0m2
Q3 25€264m3
Q4 25€7.16m1
Q1 26€0m0
Q2 26€0m2
Q3 26€300m1
Q4 26€0m0

Top cities by money raised

€m
Top cities by money raisedTop cities by money raised: 8 rows. Highest: Harwell (€352m). Lowest: Cambridge (€3.9m).Harwell: €352m. 3 roundsNottingham: €300m. 1 roundLondon: €209m. 8 roundsEdinburgh: €156m. 3 roundsReading: €43.3m. 2 roundsManchester: €28.8m. 2 roundsSouthampton: €21.1m. 1 roundCambridge: €3.9m. 1 roundHarwell€352m 3 roundsNottingham€300m 1 roundLondon€209m 8 roundsEdinburgh€156m 3 roundsReading€43.3m 2 roundsManchester€28.8m 2 roundsSouthampton€21.1m 1 roundCambridge€3.9m 1 round
Show the data as a table
LabelValue (€m)Note
Harwell€352m3 rounds
Nottingham€300m1 round
London€209m8 rounds
Edinburgh€156m3 rounds
Reading€43.3m2 rounds
Manchester€28.8m2 rounds
Southampton€21.1m1 round
Cambridge€3.9m1 round

Dig deeper

Filter Telecom rounds by year, stage, size and investor, see them on the map and download the data.

Open in the interactive explorer

Latest 25 rounds

Newest first.

UK Telecom startup funding: latest rounds
DateCompanyCityStageAmount
14 Sep 2026Open CosmosHarwellOther / undisclosed€300m
21 May 2026eSIM GoLondonOther / undisclosedUndisclosed
15 Apr 20261GlobalLondonOther / undisclosedUndisclosed
24 Dec 2025Sofant TechnologiesEdinburghOther / undisclosed€7.2m
18 Aug 2025GoFibreEdinburghOther / undisclosed€145m
29 Jul 2025TalkTalkLondonOther / undisclosed€116m
23 Jul 2025ALL.SPACEReadingOther / undisclosed€3.4m
20 May 2025Wireless LogicBeaconsfieldOther / undisclosedUndisclosed
2 May 2025The Networking PeopleLancasterOther / undisclosedUndisclosed
21 Nov 2024PervasIDCambridgeOther / undisclosed€3.9m
4 Oct 2024ALL.SPACEReadingOther / undisclosed€39.9m
13 Aug 2024Boshhh MobileManchesterSeed€1.2m
5 Jun 2024Sofant TechnologiesEdinburghOther / undisclosed€4m
22 May 2024KARRI—Pre-Seed€910k
15 Apr 2024Focus GroupLondonOther / undisclosedUndisclosed
27 Feb 2024Smart NumbersSouthamptonOther / undisclosed€21.1m
11 Jan 2024shakaLondonSeed€910k
23 Nov 2023Open CosmosHarwellOther / undisclosed€5.8m
11 Sep 2023Open CosmosHarwellSeries B€46.6m
8 Sep 2023TalkTalkLondonOther / undisclosed€87.5m
5 Sep 2023CommifyNottinghamOther / undisclosed€300m
8 Jun 2023NGC NetworksWakefieldOther / undisclosedUndisclosed
11 May 2023Freedom FibreManchesterGrowth/Late€27.7m
28 Feb 2023DevyceLondonSeed€2.5m
28 Feb 2023CordlessLondonSeed€2.2m

More UK funding data

Data as of , updated daily at midnight UK timeData: Tech.eu Funding Explorer

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