An exciting blend of digital and deep tech

We know, telecoms doesn't have the best reputation when it comes to the investment opportunity. 

But the pace of change, increasingly complexity of our sector and blurring of lines between what can be considered telecoms versus tech means the future of connectivity is perhaps more exciting, further-reaching, and has considerably more investment opportunities than you might first expect.

On these page you can find some of the organisations who are blazing a trail in our sector (and whose offerings often have applications far beyond telecoms).

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Wireless networking

The UK telecoms industry has developed into a vibrant sector since deregulation in the 1980s. Various points in the telecoms value chain and adjacent IT space present investment opportunities. 

This ranges from fabless chip design start-ups to fibre telecoms new entrants focused on market niches such as B2B high-capacity leased lines where the incumbents have failed to deliver. Different segments of the value chain offer different risk/reward opportunities ranging from VC style returns to PE and Pension fund investment strategies.”

faisal ahmed

Managing Partner, Axxeltrova Capital

We work with companies innovating in:
  • AI
  • Non-terrestrial
  • Quantum
  • Photonics
  • Cybersecurity
  • Cloud solutions
  • Silicon, chips and semiconductors
  • Core
  • Wireless
Meet the Trailblazers
  • Optical & photonics
    Optical & photonics

    Finchetto is on a mission to significantly reduce data centre energy use and accelerate cluster performance with the world’s first fully-optical passive network switch. Since completing the UKTIN Transforming through Telecoms programme, they have seen the fit for their light-speed photonic processors and network switches in the telecoms space and been busy building direct connections in the  market.

    They have successfully won funding through the SBRI future Telecommunications Challenge delivered by UKRI, where they are collaborating with BT.

     

  • Quantum
    Quantum

    Quantum Dice is an award-winning venture-backed spinout from Oxford University’s world-renowned quantum optics laboratory. Its mission is to provide trusted and secure randomness leveraging the unique properties of quantum systems along with its patented DISCTM protocol. 

    Its Quantum Random Number Generator (QRNG) technology has applications in both cybersecurity and stochastic computing. Recent announcements include collaborations with organisations such as BT Group to explore the use of QRNGs for cryptographic applications in telecommunications, HSBC to enhance financial Monte Carlo simulations, and SCI Semiconductor to bring quantum-backed cryptography to advanced security systems.

  • Cyber
    Cyber

    Ethicronics develops cybersecurity software that is able to fight back against counterfeit and potentially compromised electronics, verifying system hardware for use across the defence, security, finance, and communication sectors. 

    Their SaaS product delivers hardware integrity certificates that give users the invaluable peace of mind that their devices are authentic, secure, and built as they should be. Knowing exactly what is in the hardware, down to nanometre level, also enables Ethicronics to offer robust metrics about how green a product is.  

  • Non-terrestrial
    Non-terrestrial

    Archangel Lightworks are reimagining space connectivity.

    They are building deployable laser communication systems that are more available and affordable - ensuring space-enabled networks are more secure and robust. They recently secured funding through the SBRI: Future Telecommunications Challenge where they are creating the next generation of their pioneering TERRA-M optical ground station.

  • Semiconductors
    Semiconductors

    Pragmatic is revolutionising semiconductor fabrication with ultra-low-cost, flexible integrated circuit (FlexIC) technology that makes it quick and easy to embed intelligence almost anywhere.

    With rapid cycle times that substantially accelerate time to market, their foundry provides high-volume fabrication at a fraction of the cost of silicon, and with significantly lower environmental impact. And their Fab-as-a-Service offering an attainable route to semiconductor sovereignty and cost-effective, scalable fabrication.

  • Marine Connectivity
    Marine Connectivity

    JET Connectivity is enabling safe, secure and efficient 5G transmission of data in challenging environments, to support the creation of a digital ocean.

    Their systems provide real time data acquisition and transmission over their floating 5G networks - a world first - allowing users to connect to their usual device and operate offshore as on land, without the infrastructure or costs of fibre or satellite communications.

  • Optical & photonics
    Optical & photonics

    Finchetto is on a mission to significantly reduce data centre energy use and accelerate cluster performance with the world’s first fully-optical passive network switch. Since completing the UKTIN Transforming through Telecoms programme, they have seen the fit for their light-speed photonic processors and network switches in the telecoms space and been busy building direct connections in the  market.

    They have successfully won funding through the SBRI future Telecommunications Challenge delivered by UKRI, where they are collaborating with BT.

     

  • Quantum
    Quantum

    Quantum Dice is an award-winning venture-backed spinout from Oxford University’s world-renowned quantum optics laboratory. Its mission is to provide trusted and secure randomness leveraging the unique properties of quantum systems along with its patented DISCTM protocol. 

    Its Quantum Random Number Generator (QRNG) technology has applications in both cybersecurity and stochastic computing. Recent announcements include collaborations with organisations such as BT Group to explore the use of QRNGs for cryptographic applications in telecommunications, HSBC to enhance financial Monte Carlo simulations, and SCI Semiconductor to bring quantum-backed cryptography to advanced security systems.

  • Cyber
    Cyber

    Ethicronics develops cybersecurity software that is able to fight back against counterfeit and potentially compromised electronics, verifying system hardware for use across the defence, security, finance, and communication sectors. 

    Their SaaS product delivers hardware integrity certificates that give users the invaluable peace of mind that their devices are authentic, secure, and built as they should be. Knowing exactly what is in the hardware, down to nanometre level, also enables Ethicronics to offer robust metrics about how green a product is.  

  • Non-terrestrial
    Non-terrestrial

    Archangel Lightworks are reimagining space connectivity.

    They are building deployable laser communication systems that are more available and affordable - ensuring space-enabled networks are more secure and robust. They recently secured funding through the SBRI: Future Telecommunications Challenge where they are creating the next generation of their pioneering TERRA-M optical ground station.

  • Semiconductors
    Semiconductors

    Pragmatic is revolutionising semiconductor fabrication with ultra-low-cost, flexible integrated circuit (FlexIC) technology that makes it quick and easy to embed intelligence almost anywhere.

    With rapid cycle times that substantially accelerate time to market, their foundry provides high-volume fabrication at a fraction of the cost of silicon, and with significantly lower environmental impact. And their Fab-as-a-Service offering an attainable route to semiconductor sovereignty and cost-effective, scalable fabrication.

  • Marine Connectivity
    Marine Connectivity

    JET Connectivity is enabling safe, secure and efficient 5G transmission of data in challenging environments, to support the creation of a digital ocean.

    Their systems provide real time data acquisition and transmission over their floating 5G networks - a world first - allowing users to connect to their usual device and operate offshore as on land, without the infrastructure or costs of fibre or satellite communications.