Sectors/Telecom/2014/H2

Telecom funding in H2 2014

European Telecom startup funding raised during H2 2014.

In H2 2014, 25 European Telecom companies closed 25 funding rounds and raised €566M in equity funding (excluding debt and grants), up 366.6% versus H2 2013. UK led by capital raised, and TIM Ventures was the most active investor. Data as of 6 Nov 2026.

Equity funding

€566M

+366.6% vs H2 2013 · excl. debt & grants

Funding rounds

+25.0% vs H2 2013

Companies

Top country

Rank among sectors

7.9% of sector funding

Top-10 round share

98.9%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jul	€463M	3
Aug	€9.2M	5
Sep	€4.7M	5
Oct	€57M	5
Nov	€18M	2
Dec	€14M	5

Top countries

by € raised

Data table

	Telecom — top countries by capital, H2 2014
UK	€477M
Sweden	€49M
France	€21M
Finland	€11M
Israel	€3.7M
Italy	€1.1M
Netherlands	€1.1M
Latvia	€1.0M

Stage mix

by € raised

Data table

	Telecom — stage mix, H2 2014
Growth/Late	€461M
Series C	€48M
Series B	€28M
Early VC	€16M
Series A	€7.4M
Seed	€6.0M

Exits & M&A

5 Acquisition

5 exits · €95M disclosed.

Lacoon Mobile Security	Acquisition	Dec 2014	€87M
Booxmedia	Acquisition	Nov 2014	€7.9M

Top deals

largest disclosed rounds in H2 2014

Company	Stage	Date	Amount
Helios Towers Africa	Growth/Late	Jul 2014	€461M
Truecaller	Series C	Oct 2014	€48M
Intersec	Series B	Nov 2014	€18M
Jolla	Series B	Dec 2014	€9.9M
PureLiFi	Early VC	Oct 2014	€7.9M
Tamoco	Early VC	Aug 2014	€3.7M
Be-Bound	Series A	Sep 2014	€3.4M
CallApp	Early VC	Dec 2014	€3.2M
OpenSignal	Series A	Aug 2014	€3.0M
KNL Networks	Seed	Aug 2014	€1.5M
RingCredible	Series A	Aug 2014	€1.0M
Roamer	Seed	Jul 2014	€1.0M
Instabridge	Early VC	Oct 2014	€795k
wiMAN	Seed	Dec 2014	€700k
Carriots	Seed	Sep 2014	€531k

View all 25 Telecom deals in H2 2014 →

Top investors

most active in H2 2014, by deal count

← All 2014 Telecom funding