UK Telecom startup funding
UK Telecom startups have raised £957m 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 £257m, with a median round of £257m.
Total raised
£957m
6 rounds undisclosed
Rounds
25
since 2023
Companies
20
raising at least once
Median round
£6.3m
of rounds with an amount
Overview
Money raised each quarter
Show the data as a table
| Label | Value (£m) | Note |
|---|---|---|
| Q1 23 | £4.15m | 2 rounds |
| Q2 23 | £24m | 2 rounds |
| Q3 23 | £372m | 3 rounds |
| Q4 23 | £5m | 1 round |
| Q1 24 | £18.9m | 2 rounds |
| Q2 24 | £4.18m | 3 rounds |
| Q3 24 | £1m | 1 round |
| Q4 24 | £36.5m | 2 rounds |
| Q1 25 | £0m | 0 rounds |
| Q2 25 | £0m | 2 rounds |
| Q3 25 | £228m | 3 rounds |
| Q4 25 | £6.25m | 1 round |
| Q1 26 | £0m | 0 rounds |
| Q2 26 | £0m | 2 rounds |
| Q3 26 | £257m | 1 round |
| Q4 26 | £0m | 0 rounds |
Latest rounds
The 50 most recent rounds matching the filters. Select one for the company's full record.
| Date | Company | City | Sector | Stage | Amount |
|---|---|---|---|---|---|
| 14 Sep 2026 | Harwell | Telecom | Other / undisclosed | £257m | |
| 21 May 2026 | London | Telecom | Other / undisclosed | Undisclosed | |
| 15 Apr 2026 | London | Telecom | Other / undisclosed | Undisclosed | |
| 24 Dec 2025 | Edinburgh | Telecom | Other / undisclosed | £6.3m | |
| 18 Aug 2025 | Edinburgh | Telecom | Other / undisclosed | £125m | |
| 29 Jul 2025 | London | Telecom | Other / undisclosed | £100m | |
| 23 Jul 2025 | Reading | Telecom | Other / undisclosed | £3m | |
| 20 May 2025 | Beaconsfield | Telecom | Other / undisclosed | Undisclosed | |
| 2 May 2025 | Lancaster | Telecom | Other / undisclosed | Undisclosed | |
| 21 Nov 2024 | Cambridge | Telecom | Other / undisclosed | £3.3m | |
| 4 Oct 2024 | Reading | Telecom | Other / undisclosed | £33.2m | |
| 13 Aug 2024 | Manchester | Telecom | Seed | £1m | |
| 5 Jun 2024 | Edinburgh | Telecom | Other / undisclosed | £3.4m | |
| 22 May 2024 | — | Telecom | Pre-Seed | £775k | |
| 15 Apr 2024 | London | Telecom | Other / undisclosed | Undisclosed | |
| 27 Feb 2024 | Southampton | Telecom | Other / undisclosed | £18.1m | |
| 11 Jan 2024 | London | Telecom | Seed | £784k | |
| 23 Nov 2023 | Harwell | Telecom | Other / undisclosed | £5m | |
| 11 Sep 2023 | Harwell | Telecom | Series B | £39.9m | |
| 8 Sep 2023 | London | Telecom | Other / undisclosed | £75m | |
| 5 Sep 2023 | Nottingham | Telecom | Other / undisclosed | £257m | |
| 8 Jun 2023 | Wakefield | Telecom | Other / undisclosed | Undisclosed | |
| 11 May 2023 | Manchester | Telecom | Growth/Late | £24m | |
| 28 Feb 2023 | London | Telecom | Seed | £1.9m | |
| 28 Feb 2023 | London | Telecom | Seed | £2.2m |
Explore by city and sector
Cities
| # | City | Rounds | Raised since 2023 |
|---|---|---|---|
| 1 | Harwell | 3 | £302m |
| 2 | Nottingham | 1 | £257m |
| 3 | London | 8 | £180m |
| 4 | Edinburgh | 3 | £135m |
| 5 | Reading | 2 | £36.2m |
| 6 | Manchester | 2 | £25m |
| 7 | Southampton | 1 | £18.1m |
| 8 | Cambridge | 1 | £3.3m |
| 9 | Beaconsfield | 1 | £0 |
| 10 | Lancaster | 1 | £0 |
| 11 | Wakefield | 1 | £0 |
Sectors
| # | Sector | Rounds | Raised since 2023 |
|---|---|---|---|
| 1 | Fintech | 523 | £12bn |
| 2 | Healthtech | 423 | £8.18bn |
| 3 | Software | 658 | £6.02bn |
| 4 | AI | 218 | £5.17bn |
| 5 | Semiconductors | 36 | £5.14bn |
| 6 | Energy | 175 | £4.51bn |
| 7 | Transportation | 102 | £4.38bn |
| 8 | Cloud | 10 | £2.82bn |
| 9 | Cleantech | 183 | £2bn |
| 10 | Deeptech | 103 | £1.37bn |
| 11 | Cybersecurity | 114 | £1.11bn |
| 12 | Telecom | 25 | £957m |
| 13 | Legaltech | 48 | £591m |
| 14 | Consumer | 36 | £558m |
| 15 | E-commerce | 64 | £546m |
| 16 | Hardware | 41 | £483m |
| 17 | Defence | 17 | £443m |
| 18 | Media | 41 | £413m |
| 19 | Travel | 26 | £406m |
| 20 | Proptech | 54 | £366m |
| 21 | HRtech | 64 | £356m |
| 22 | Agritech | 49 | £331m |
| 23 | Edtech | 59 | £310m |
| 24 | Gaming | 45 | £304m |
| 25 | Foodtech | 51 | £301m |
| 26 | Robotics | 20 | £294m |
| 27 | Marketing | 45 | £246m |
| 28 | Space | 22 | £193m |
| 29 | Fashion | 19 | £167m |
| 30 | Wellness & Beauty | 36 | £151m |
| 31 | Sports | 22 | £126m |
| 32 | Blockchain | 1 | £0 |
Median round size by stage
Show the data as a table
| Label | Value (£k) | Note |
|---|---|---|
| Seed | £1,454k | median of 4 rounds |
The 10 biggest rounds hold 98% of the money
Show the data as a table
| Label | Value (£m) | Share |
|---|---|---|
| Top 10 rounds | £936m | 98% |
| Next 9 rounds | £21.3m | 2.2% |
Year on year
2026 is up 13% on the same period of 2025 (1 Jan to 7 Nov).
Show the data as a table
| Label | 1 Jan to 7 Nov (£m) | Full year (£m) |
|---|---|---|
| 2023 | £400m | £405m |
| 2024 | £57.3m | £60.5m |
| 2025 | £228m | £234m |
| 2026 | £257m | £257m |
Data as of , updated daily at midnight UK timeData: Tech.eu Funding Explorer