Monthly roundup · Telecoms · October 2026

Telecoms startup funding, October 2026: Open Cosmos's $334M Series C leads 14 rounds

By Millionrounds ResearchPublished 1 November 2026

We read 14 equity rounds in Telecoms announced in October 2026, raising $838M between them: 2% of all the rounds we read that month and 1% of the money. The largest was Open Cosmos's $334M Series C, led by ETF Partners. The median seed round was $3.5M, against $5.5M over the last twelve months across all sectors; at Series A it was $25M.

Equity rounds14in Telecoms, 12 with an amount
Raised$838Macross those rounds
Lead named93%of rounds say who led
Share of the month2%of rounds; 1% of the money

The biggest rounds

  1. 1Open CosmosSeries C · United Kingdom · led by ETF Partners$334M
  2. 2GGlobal Trust Networks (GTN)Growth · Japan · led by Globis Capital Partners, Minerva Growth Partners$225M
  3. 3Salience LabsSeries B · United Kingdom · led by Bullhound Capital$125M
  4. 4BraidSeries A · Netherlands · led by Octopus Ventures$38M
  5. 5MMission MobileGrowth · South Africa · led by DN Invest (DNI)$30M
  6. 6NumeracleSeries B · United States · led by Edison Partners$28M
  7. 7QualitateSeries A · United States · led by Insight Partners$25M
  8. 8SuperMeSeries A · United States · led by Forerunner Ventures$20M
  9. 9Golbriak SpaceSeed · Estonia · led by Join Capital, PhotonVentures$4.5M
  10. 10ClockoutSeed · United States · led by 114 Ventures$3.5M

Day by day

Equity rounds in Telecoms announced each day of October. The busiest day was 29 October, with 3.

1 October31 October

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Seed4$3.5Mthis month$5.5M12 months, all sectors
Series A4$25Mthis month$20M12 months, all sectors
Series B2$77Mthis month$50M12 months, all sectors
Series C1$334Mthis month$100M12 months, all sectors
Growth3$127Mthis month$113M12 months, all sectors

Where

United States had the most Telecoms rounds this month.

Against the month

  • Rounds, Telecoms14
  • Rounds, all sectors733
  • Raised, Telecoms$838M
  • Raised, all sectors$59B

The whole of October 2026

Other sectors in October

411 roundsAI→100 roundsFintech→72 roundsHealthcare→67 roundsSoftware→67 roundsRobotics→56 roundsManufacturing→44 roundsSaaS→44 roundsConstruction→42 roundsHardware & Electronics→41 roundsBiotech→34 roundsBig Data & Analytics→33 roundsEnergy→33 roundsLogistics→32 roundsEnterprise Software→29 roundsAerospace & Space→29 roundsHealthtech→28 roundsCybersecurity→26 roundsDefence Tech→25 roundsCloud→24 roundsEntertainment→23 roundsB2C→23 roundsFinancial Services→22 roundsMedical Devices→20 roundsCleantech→19 roundsE-commerce→19 roundsFood & Beverage→18 roundsReal Estate→18 roundsDeeptech→18 roundsSemiconductors→17 roundsAgtech→16 roundsDeveloper Tools→15 roundsWeb3 & Crypto→15 roundsRetail→15 roundsMartech→14 roundsSupply Chain→14 roundsInsurtech→14 roundsClimate Tech→13 roundsRegtech→13 roundsAutomotive & EVs→13 roundsChemicals & Materials→12 roundsFuture of Work→12 roundsB2B→12 roundsMedia→12 roundsGaming→11 roundsProfessional Services→11 roundsMarketplaces→11 roundsHR Tech→11 roundsEducation→11 roundsSalestech→10 roundsProptech→10 roundsPharma→10 roundsFashion→10 roundsTravel & Hospitality→