May 23, 2023
We’re delighted to have advised AccelerComm on its £21.5m Series B investment round led by Parkwalk, Swisscom Ventures (including its fundDigital Transformation Fund II) and Hostplus alongside existing investors IP Group,IQ Capital and Bloc Ventures.
AccelerComm is a pioneer of physical layer IP solutions technology that supercharges 5G through optimisation and latency reduction.Based at Southampton Science Park, it was presented with the Best Digital TechBreakthrough Award for Companies under $10m Annual Global Revenue at the 2022Global Mobile (GLOMO) Awards at MWC22 Barcelona. It also recently announced a partnership with independent technology and product development company, TTP, to develop a high-performance regenerative base station for low-earth orbit(LEO) satellites.
Stephenson Law previously advised AccelerComm on its £5.7mSeries A investment round led by IQ Capital in 2020 and is therefore pleased to continue its support on this investment round.
AccelerComm plans to use the investment to reduce time to market for releasing this new generation of wireless products in both satellite and terrestrial communications.
Rob Barnes, CMO of AccelerComm, commented:
"We will be investing to further develop our technology building on the significant performance gains we are already seeing from our advanced algorithms. By applying our advanced algorithms to complete5G physical layer solutions, we can enable our customers to realise the value more easily across a range of 5G terrestrial and satellite deployment scenarios," said Rob Barnes, CMO of AccelerComm.
Ed Boal, our former Head of Corporate, added:
“It’s always a pleasure working with Tom, Rob and theAccelerComm team. I first advised them in 2018 on their seed round, then in2020 on their Series A and therefore it’s a privilege to have advised them on their Series B. AccelerComm continues to be a leader in its field and I wish everyone in the team the very best for the future.”
AccelerComm provides complete physical layer IP solutions which enable optimal performance of 5G radio access networks and solves the challenges that would otherwise limit the throughput, latency, and spectral efficiency of 5G. by mitigating the effects of noise, interference, and poor signal strength. The company is active in a number of industry associations including the O-RANALLIANCE and Small Cell Forum. For further information visit www.accelercomm.com or follow @AccelerComm on Twitter.
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