Sectors/Telecom/2010/H2

Telecom funding in H2 2010

European Telecom startup funding raised during H2 2010.

In H2 2010, 19 European Telecom companies closed 23 funding rounds and raised €404M in equity funding (excluding debt and grants), up 230.1% versus H2 2009. Debt rounds added €567M. Netherlands led by capital raised, and Accel was the most active investor. Data as of 6 Nov 2026.

Equity funding

€404M

+230.1% vs H2 2009 · excl. debt & grants · +€567M debt

Funding rounds

+64.3% vs H2 2009

Companies

Top country

Netherlands

Rank among sectors

41.1% of sector funding

Debt financing

€567M

58.4% of total

Top-10 round share

97.1%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jul	€44M	5
Aug	€12M	2
Sep	€13M	4
Oct	€7.4M	3
Nov	€861M	6
Dec	€33M	3

Top countries

by € raised

Data table

	Telecom — top countries by capital, H2 2010
Netherlands	€881M
UK	€39M
Israel	€16M
France	€13M
Sweden	€12M
Germany	€4.0M
Poland	€3.0M
Ireland	€1.7M

Stage mix

by € raised

Data table

	Telecom — stage mix, H2 2010
Debt	€567M
Growth/Late	€361M
Other	€16M
Early VC	€11M
Series B	€8.4M
Series D+	€7.0M
Seed	€230k

Exits & M&A

1 Acquisition

1 exit · €265M disclosed.

Aster Sp

Acquisition

Oct 2010

€265M

Top deals

largest disclosed rounds in H2 2010

Company	Stage	Date	Amount
O3b Networks	Debt	Nov 2010	€556M
O3b Networks	Growth/Late	Nov 2010	€296M
O3b Networks	Growth/Late	Dec 2010	€19M
Wilocity	Growth/Late	Jul 2010	€16M
Cambridge Broadband Networks	Growth/Late	Dec 2010	€13M
Telepo	Other	Aug 2010	€11M
O3b Networks	Debt	Jul 2010	€11M
Ubiquisys	Growth/Late	Jul 2010	€7.3M
Sequans Communications	Series D+	Jul 2010	€7.0M
OpenCloud	Growth/Late	Sep 2010	€6.1M
Movirtu	Other	Nov 2010	€5.0M
Veebeam	Series B	Oct 2010	€4.4M
nfon	Early VC	Nov 2010	€4.0M
Ubiquisys	Growth/Late	Sep 2010	€3.9M
DataContact	Early VC	Oct 2010	€3.0M

View all 23 Telecom deals in H2 2010 →

Top investors

most active in H2 2010, by deal count

← All 2010 Telecom funding