# OneWeb

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oneweb

- Industry: Telecoms
- Headquarters: London, UK
- Website: www.oneweb.world
- Total disclosed funding: $500M
- Latest round: Series A (Jun 25, 2015)
- Investors on record: 8

## About

Founded in 2012 and based in London, UK, OneWeb LLC operates as the provider of Leo Constellation, a group of micro-satellites used for internet connectivity solutions for the maritime, aviation, commercial, and government industries. In July 2021, the firm has filed for Chapter 11 bankruptcy protection and was officially owned by a consortium consisting of the U.K. government and India’s Bharti Global. The firm was founded by Greg Wyler and has raised total funding of USD 3.8 billion as of 2021. In August 2021, the company received USD 300 million in venture funding from Hanwha Systems.

OneWeb LLC operates as a communication company that provides a low earth orbit satellite from space for consumers. The company offers internet speed connectivity to new businesses, health care, and educational sectors.

The firm plans to expand globally by 2022 and plans to build 182 satellites to provide connectivity services to the United Kingdom, Alaska, Northern Europe, Greenland, Iceland, the Arctic Seas, and Canada. The August 2021 funding is expected to be completed in the first half of 2022.

## Funding rounds

- Series A, Jun 25, 2015, $500M — Coca-Cola Company, Bharti Group, Qualcomm Ventures, Intelsat US LLC, Virgin.com Limited, Hughes Network Systems, LLC, Airbus Group, Total Play Telecomunicaciones, S.A. de C.V.
- Seed, Jan 15, 2015 — Qualcomm Ventures, Virgin.com Limited

## Investors

- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Seed, Series A
- Virgin.com Limited — Seed, Series A
- Coca-Cola Company — Series A
- Bharti Group — Series A
- Intelsat US LLC — Series A
- Hughes Network Systems, LLC — Series A
- Airbus Group — Series A
- Total Play Telecomunicaciones, S.A. de C.V. — Series A