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British startup AccelerComm secures €13.1 million to help deliver universal mobile coverage

  • Southampton-based startup AccelerComm has secured €13.1 million in funding to accelerate deployments of their 5G satellite communications products.
  • The funding round was led by IP Group and supported by other investors including IQ Capital and Swisscom Ventures' digital transformation fund.
  • AccelerComm's technology aims to enhance mobile coverage through 5G enabled satellites, with recent innovations attracting interest from global mobile operators and satellite networks.
  • The company's CEO highlighted the importance of their technology in providing best in class 5G services from space, with ongoing implementations with key partners like Lockheed Martin.

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