European Telecom startup funding raised during Q2 2016.
In Q2 2016, 25 European Telecom companies raised a combined €191M across 25 funding rounds, down 64.2% versus Q2 2015. Israel led by capital raised, and 5square was the most active investor. Data as of 23 Aug 2026.
10 exits · €1.7B disclosed.
| Multimedia Polska | Acquisition | Jun 2016 | €691M |
| SFR BeLux | Acquisition | Jun 2016 | €400M |
| Phonero | Acquisition | Apr 2016 | €237M |
| Starman | Acquisition | Apr 2016 | €208M |
| Toga Network | Acquisition | May 2016 | €137M |
| Company | Stage | Date | Amount |
|---|---|---|---|
| SIRIN Labs | Growth/Late | Apr 2016 | €63M |
| Yota Devices | Growth/Late | Apr 2016 | €41M |
| Vasona Networks | Series C | Apr 2016 | €13M |
| Real Impact Analytics | Series A |
| LoopUp |
| IPO |
| May 2016 |
| €49M |
| Jun 2016 |
| €12M |
| Drayson Technologies | Series B | May 2016 | €11M |
| Jolla | Series C | May 2016 | €11M |
| Sonitor Technologies | Growth/Late | Apr 2016 | €8.3M |
| Saguna Networks | Early VC | May 2016 | €4.5M |
| Crosscall | Early VC | Apr 2016 | €4.5M |
| Cozy Cloud | Series A | Jun 2016 | €3.6M |
| azeti Networks | Series C | Apr 2016 | €3.5M |
| Accelleran | Series A | Apr 2016 | €3.0M |
| Nomad Digital | Early VC | Apr 2016 | €2.8M |
| Awingu | Other | Jun 2016 | €2.7M |
| Sofant Technologies | Early VC | Apr 2016 | €1.9M |
