# Telecoms startup funding, October 2026: Open Cosmos's $334M Series C leads 14 rounds > 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. Source: https://millionrounds.com/news/monthly/2026-10/sector/telecom (Millionrounds; every figure on the page links to its filing or article) Equity rounds **14** in Telecoms, 12 with an amount Raised **$838M** across those rounds Lead named **93%** of rounds say who led Share of the month **2%** of rounds; 1% of the money ## The biggest rounds - [1 **Open Cosmos** Series C · United Kingdom · led by ETF Partners **$334M**](https://millionrounds.com/company/open-cosmos) - [2 G **Global Trust Networks (GTN)** Growth · Japan · led by Globis Capital Partners, Minerva Growth Partners **$225M**](https://millionrounds.com/company/global-trust-networks-gtn) - [3 **Salience Labs** Series B · United Kingdom · led by Bullhound Capital **$125M**](https://millionrounds.com/company/salience-labs) - [4 **Braid** Series A · Netherlands · led by Octopus Ventures **$38M**](https://millionrounds.com/company/braid) - [5 M **Mission Mobile** Growth · South Africa · led by DN Invest (DNI) **$30M**](https://millionrounds.com/company/mission-mobile) - [6 **Numeracle** Series B · United States · led by Edison Partners **$28M**](https://millionrounds.com/company/numeracle) - [7 **Qualitate** Series A · United States · led by Insight Partners **$25M**](https://millionrounds.com/company/qualitate) - [8 **SuperMe** Series A · United States · led by Forerunner Ventures **$20M**](https://millionrounds.com/company/superme) - [9 **Golbriak Space** Seed · Estonia · led by Join Capital, PhotonVentures **$4.5M**](https://millionrounds.com/company/golbriak-space) - [10 **Clockout** Seed · United States · led by 114 Ventures **$3.5M**](https://millionrounds.com/company/clockout) ## Day by day Equity rounds in Telecoms announced each day of October. The busiest day was 29 October, with 3. 1 October 31 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. [Seed](https://millionrounds.com/benchmarks/seed) *4* **$3.5M** this month **$5.5M** 12 months, all sectors [Series A](https://millionrounds.com/benchmarks/series-a) *4* **$25M** this month **$20M** 12 months, all sectors [Series B](https://millionrounds.com/benchmarks/series-b) *2* **$77M** this month **$50M** 12 months, all sectors [Series C](https://millionrounds.com/benchmarks/series-c) *1* **$334M** this month **$100M** 12 months, all sectors [Growth](https://millionrounds.com/benchmarks/growth) *3* **$127M** this month **$113M** 12 months, all sectors ## Where - [United States](https://millionrounds.com/news/monthly/2026-10/united-states) **6** - [United Kingdom](https://millionrounds.com/news/monthly/2026-10/united-kingdom) **2** - [India](https://millionrounds.com/news/monthly/2026-10/india) **1** - [Japan](https://millionrounds.com/news/monthly/2026-10/japan) **1** - Netherlands **1** - Estonia **1** - South Africa **1** - Finland **1** United States had the most Telecoms rounds this month. ## Against the month - Rounds, Telecoms **14** - Rounds, all sectors **733** - Raised, Telecoms **$838M** - Raised, all sectors **$59B** [The whole of October 2026](https://millionrounds.com/news/monthly/2026-10) ## Other sectors in October [411 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-10/sector/ai)[100 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/fintech)[72 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-10/sector/healthcare)[67 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-10/sector/software)[67 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/robotics)[56 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-10/sector/manufacturing)[44 rounds **SaaS** *→*](https://millionrounds.com/news/monthly/2026-10/sector/saas)[44 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-10/sector/construction)[42 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/hardware)[41 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/biotech)[34 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/big-data)[33 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-10/sector/energy)[33 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-10/sector/logistics)[32 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-10/sector/enterprise-software)[29 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-10/sector/aerospace)[29 rounds **Healthtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/healthtech)[28 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cybersecurity)[26 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/defensetech)[25 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cloud)[24 rounds **Entertainment** *→*](https://millionrounds.com/news/monthly/2026-10/sector/entertainment)[23 rounds **B2C** *→*](https://millionrounds.com/news/monthly/2026-10/sector/b2c)[23 rounds **Financial Services** *→*](https://millionrounds.com/news/monthly/2026-10/sector/financial-services)[22 rounds **Medical Devices** *→*](https://millionrounds.com/news/monthly/2026-10/sector/medical-device)[20 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/cleantech)[19 rounds **E-commerce** *→*](https://millionrounds.com/news/monthly/2026-10/sector/ecommerce)[19 rounds **Food & Beverage** *→*](https://millionrounds.com/news/monthly/2026-10/sector/food-beverage)[18 rounds **Real Estate** *→*](https://millionrounds.com/news/monthly/2026-10/sector/real-estate)[18 rounds **Deeptech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/deeptech)[18 rounds **Semiconductors** *→*](https://millionrounds.com/news/monthly/2026-10/sector/semiconductors)[17 rounds **Agtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/agtech)[16 rounds **Developer Tools** *→*](https://millionrounds.com/news/monthly/2026-10/sector/developer-tools)[15 rounds **Web3 & Crypto** *→*](https://millionrounds.com/news/monthly/2026-10/sector/web3)[15 rounds **Retail** *→*](https://millionrounds.com/news/monthly/2026-10/sector/retail)[15 rounds **Martech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/martech)[14 rounds **Supply Chain** *→*](https://millionrounds.com/news/monthly/2026-10/sector/supply-chain)[14 rounds **Insurtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/insurtech)[14 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/climate)[13 rounds **Regtech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/regtech)[13 rounds **Automotive & EVs** *→*](https://millionrounds.com/news/monthly/2026-10/sector/automotive)[13 rounds **Chemicals & Materials** *→*](https://millionrounds.com/news/monthly/2026-10/sector/chemicals)[12 rounds **Future of Work** *→*](https://millionrounds.com/news/monthly/2026-10/sector/future-of-work)[12 rounds **B2B** *→*](https://millionrounds.com/news/monthly/2026-10/sector/b2b)[12 rounds **Media** *→*](https://millionrounds.com/news/monthly/2026-10/sector/media)[12 rounds **Gaming** *→*](https://millionrounds.com/news/monthly/2026-10/sector/gaming)[11 rounds **Professional Services** *→*](https://millionrounds.com/news/monthly/2026-10/sector/consulting)[11 rounds **Marketplaces** *→*](https://millionrounds.com/news/monthly/2026-10/sector/marketplace)[11 rounds **HR Tech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/hrtech)[11 rounds **Education** *→*](https://millionrounds.com/news/monthly/2026-10/sector/education)[11 rounds **Salestech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/salestech)[10 rounds **Proptech** *→*](https://millionrounds.com/news/monthly/2026-10/sector/proptech)[10 rounds **Pharma** *→*](https://millionrounds.com/news/monthly/2026-10/sector/pharma)[10 rounds **Fashion** *→*](https://millionrounds.com/news/monthly/2026-10/sector/fashion)[10 rounds **Travel & Hospitality** *→*](https://millionrounds.com/news/monthly/2026-10/sector/traveltech) **How this roundup is made** It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)