Telcom – UK Tech Investment News

Ingenious Audio secures investment from Kevin Capital

Manoj Ranaweera 16/01/2020

Published 16 January 2020 Edinburgh-based Ingenious Audio has secured a six-figure funding package from Kelvin Capital, The Scottish Investment Bank and e2c to commercialise its patented Wi-Fi Audio technology known as “Fi-Live”. The new…

Wireless Social secures £1 million investment from Imbiba

Manoj Ranaweera 09/01/2020

Wireless Social is the UK’s leading guest Wi-Fi provider. Having operated in the hospitality sector for over six years the business now works with over…

ITS Technology Group changes ownership from Maven to Aviva

Manoj Ranaweera 09/01/2020

Maven has sold ITS Technology Group (ITS) to Aviva Investors for an undisclosed amount. The Maven VCTs originally invested in 2017 with additional investment from…

Aviva Investors acquires ITS Technology Group from Maven and injects new capital totalling £45 million

Manoj Ranaweera 08/01/2020

ITS completes £45m Aviva Investors deal to fast track full fibre roll out plans Network operator ITS, will use funding from Aviva Investors, the global…

PureLiFi secures £13.95 million Series B investment led by Temasek and Scottish Investment Bank

Manoj Ranaweera 12/11/2019

pureLiFi Completes $18M to Deliver LiFi Components pureLiFi, the leading LiFi technology company today announces it has completed a $18M Series B fundraise to provide…

Paul Stobart and Richard Tang Zen Internet

Zen Internet secures £20 million revolving credit facility from NatWest

Manoj Ranaweera 05/11/2019

Zen Internet secures £20 million in financing from NatWest The financing will be used to accelerate business growth and challenge the “big four” telecoms providers…

KKR acquires majority stake in Hyperoptic

Manoj Ranaweera 14/10/2019

UK’s largest residential gigabit broadband provider welcomes new investor Hyperoptic’s gigabit capable fibre network expected to quadruple in the next three years Strong potential for…

CloudCall secures £12 million investment via share placement on LSE:AIM

Manoj Ranaweera 30/09/2019

A total of £12m has been raised by computer telephony integration company CloudCall, which has its UK headquarters in Leicester, through a share placing. It…

Node Technologies secures £100k debt finance from Northern Powerhouse Investment Fund

Manoj Ranaweera 05/09/2019

Node Technologies connected with NPIF for six-figure loan Fibre optic solutions company Node Technologies has secured a £100,000 loan from NPIF – BFS & MSIF…

Raylo secures £1.6 million Seed funding from Techstart Ventures and angel investors

Manoj Ranaweera 20/06/2019

A London-based mobile phone startup has raised £1.6m for the launch of its subscription model in a pre-seed funding round. The brainchild of fintech entrepreneurs…

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