# Incubators and accelerators backing Telecoms (2026 list)

> 22 incubators and accelerators backing Telecoms, 100% active in the last 12 months. Led by Y Combinator, Plug and Play, MassChallenge.

Source: https://millionrounds.com/lists/incubators-accelerators-telecom (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Incubators and accelerators backing Telecoms

Updated 7 November 2026

Incubators and accelerators we have observed in a telecoms round in the last two years.

[See all 22 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-telecom)The top 22

**22** investors on the list *+1* this week

**1,674** cheques in 12 months *-24%* against the market

**$3.3M** median round they joined *-59%* against the market median

**100%** wrote a cheque in 12 months

**50%** have led a round

## The Top 22

Ordered by cheques observed, never by anything anyone paid for

Deploying now (22)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 4 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 5 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen
- 6 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 7 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 8 [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) *Deploying now* Accelerator · United States **284** **$2.3M** median round **Sept 2026** last seen
- 9 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen
- 10 [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) *Deploying now* Accelerator · United States **231** **$2M** median round **Oct 2026** last seen
- 11 [Founder Institute](https://millionrounds.com/fund/founder-institute-montreal) *Deploying now* Accelerator · United States **222** **$129K** median round **May 2026** last seen
- 12 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 13 [Business Finland](https://millionrounds.com/fund/business-finland) *Deploying now* Accelerator · Finland **153** **$2.3M** median round **Sept 2026** last seen
- 14 [BonAngels Venture Partners](https://millionrounds.com/fund/bon-angels) *Deploying now* Accelerator · South Korea **125** **$4.3M** median round **Jul 2026** last seen
- 15 [Bluepoint Partners](https://millionrounds.com/fund/bluepoint) *Deploying now* Accelerator · South Korea **91** **$1.9M** median round **Oct 2026** last seen
- 16 [amplify.la](https://millionrounds.com/fund/amplify-la) *Deploying now* Accelerator · United States **90** **$9.8M** median round **Nov 2026** last seen
- 17 [TusStar](https://millionrounds.com/fund/tusstar) *Deploying now* Incubator · China **69** **$1.6M** median round **Mar 2026** last seen
- 18 [The House Fund](https://millionrounds.com/fund/the-house-fund) *Deploying now* Accelerator · United States **64** **$7.5M** median round **Sept 2026** last seen
- 19 [Alliance](https://millionrounds.com/fund/alliance) *Deploying now* Accelerator · United States **47** **$3M** median round **Oct 2026** last seen
- 20 [25madison](https://millionrounds.com/fund/25madison) *Deploying now* Accelerator · United States **46** **$5.2M** median round **Sept 2026** last seen
- 21 [European Innovation Council (EIC) Accelerator](https://millionrounds.com/fund/european-innovation-council-eic-accelerator) *Deploying now* Accelerator **3** **$7.3M** median round **Jul 2026** last seen
- 22 [Takeoff Accelerator](https://millionrounds.com/fund/takeoff-accelerator) *Deploying now* Accelerator · Italy **1** **$4.5M** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Neo](https://millionrounds.com/fund/neo)
- **2** Nov **[Northwood Space](https://millionrounds.com/company/northwood-space)** Series C · $375M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)

## Stages This Year

1,623 rounds

- Venture **26%**
- Seed **19%**
- Pre-seed **18%**
- Series A **15%**
- Series B **5%**
- Other **15%**

## What They Backed

Sectors, last 12 months

- AI **794**
- Big Data & Analytics **96**
- Fintech **87**
- Healthcare **84**
- Biotech **68**
- IT Services **54**

## Cheques by Quarter

Led Joined

583 Q1 25

567 Q2 25

622 Q3 25

578 Q4 25

558 Q1 26

486 Q2 26

329 Q3 26

58 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about incubators and accelerators backing Telecoms

### Who are the most active incubators and accelerators backing Telecoms?

By cheques observed, the most active are Y Combinator, Plug and Play, MassChallenge, Google for Startups and Creative Destruction Lab.

### How many incubators and accelerators backing Telecoms are there?

22 are on record. 100% made an investment in the last 12 months and 50% have led a round.

### Which stages do incubators and accelerators backing Telecoms back?

Of the rounds with a named stage in the last 12 months, mostly Seed (28%) and Pre-seed (26%).

### How big are the rounds incubators and accelerators backing Telecoms join?

The typical (median) round among the leading investors here is $3.6M.

### Which sectors do incubators and accelerators backing Telecoms back most?

In the last 12 months, mostly AI, Big Data & Analytics and Fintech.

### Which incubators and accelerators backing Telecoms lead the most rounds?

Y Combinator (11 led), Google (3 led) and Plug and Play (2 led).

### Where are incubators and accelerators backing Telecoms based?

Among the most active, most are based in the United States (14), South Korea (2) and Canada (1).

### What have incubators and accelerators backing Telecoms invested in recently?

Recent rounds include Ocient (Series C, Nov 2026, with In-Q-Tel), Lazarus AI (Nov 2026, with Plug and Play) and Agrani Labs (Nov 2026, with Google).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
