Telecoms and connectivity investors in the North West
The North West, led by Manchester and Liverpool, is the largest startup ecosystem outside the South East of England, with regional funds, angels and platforms all active. Connectivity and telecoms companies tend to raise from a small group of specialist funds and experienced industry angels. 47 investor-backed telecoms and connectivity companies in the North West are in Pulse, and 3 raised a first funding round in the last year.
- Investor-backed companies
- 47
- Active investors, 2 years
- 61
- Rounds, 2 years
- 12
- Median round
- £1.70m
Who is investing
In the last two years 11 funds, firms and family offices and 50 angels took shares in telecoms and connectivity companies in the North West, with the latest round in Sep 2026. These are the firms backing the most of these companies:
| Firm | Type | Companies |
|---|---|---|
| Advencap Fibre Partnership I LP | Fund or investment firm | 1 company |
| B2M2 Investments Holdings Ltd | Fund or investment firm | 1 company |
| Becom Investments Limited | Fund or investment firm | 1 company |
| Blue Equity S.L. | Fund or investment firm | 1 company |
| Brac Holdings Ltd | Holding company (possible family office) | 1 company |
| Enigma Holdings Group Limited | Holding company (possible family office) | 1 company |
| Genera Investments Inc. | Fund or investment firm | 1 company |
| Grupo Miguel Angel 7 Inversiones S.L. | Fund or investment firm | 1 company |
See all 61 active investors, including angels, with what they've backed, estimated cheque sizes and who they invest alongside.
Rounds and valuations
Over the last two years, 12 funding rounds were raised by telecoms and connectivity companies in the North West, an estimated £12.54bn, with a median round of about £1.70m. 3 of the companies raised their first priced round in the last 12 months. 58% of these valuations carry a High confidence rating.
How North West compares
The North West has 13% of the UK's telecoms and connectivity sector's 367 investor-backed companies. The median round of £1.70m is above the £287k median for the UK's telecoms and connectivity sector, and above the UK-wide £176k. By stage, 7 are at seed, 5 have exited, 2 are growth. The most active firm in these companies is Advencap Fibre Partnership I LP, in 1 companies.
Questions
How many investors back telecoms and connectivity companies in the North West?
Pulse found 61 outside investors taking shares in telecoms and connectivity companies in the North West in the last two years: 11 funds, firms and family offices, and 50 angels.
How much do telecoms and connectivity companies in the North West raise?
Over the last two years 12 rounds were raised, an estimated £12.54bn in total. The median round was about £1.70m.
How accurate are the amounts?
They are Pulse estimates, each with a confidence rating. 58% of recent valuations here carry a High confidence rating; the rest are marked Medium or Low.
Can I see every investor?
Pulse subscribers see every outside investor by name, with portfolios and co-investors, from £39.99 a month plus VAT (£47.99 inc. VAT). Contact details are not included and names are not linked to personal profiles.