# Wildanet

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

- Industry: Telecoms
- Headquarters: Cornwall, UK
- Website: www.wildanet.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Mar 30, 2020)
- Investors on record: 2

## About

Based in Cornwall, UK, Wildanet Limited provides high-speed full-fibre broadband services, focusing on delivering reliable internet connectivity to underserved rural areas in the South West of England.Wildanet Limited, founded in 2017 in Cornwall, UK, specializes in high-speed broadband solutions. The company has successfully completed 4 deals with a recent funding round on July 3, 2023, securing GBP 50 million from Gresham House, bringing the total amount raised to GBP 50 million. Ian Calvert is the founder, while Helen Wylde serves as the CEO.Wildanet specializes in providing high-speed, full-fibre broadband services primarily in rural areas of Cornwall and the South West of England. Their core product offering includes Fibre to the Premises (FTTP), which delivers internet connectivity directly to homes or businesses using fibre optic technology. This service caters to critical end-user needs, such as reliable internet access for remote work and streaming services. The customer base includes residential users, small to medium-sized enterprises, and local businesses. Wildanet also provides tailored solutions for business clients, supporting digital infrastructure upgrades and connectivity grants, primarily operating within the UK.For the year 2023, Wildanet reported a revenue of GBP 1,701,277.8 with an EBITDA of GBP -9,395,881.2, relying on a subscription-based model that allows clients to enter service agreements typically around 24 months, which fosters predictable revenue streams.In July 2023, Wildanet Limited raised GBP 50 million in venture funding to accelerate the commercialization of Full Fibre gigabit broadband. The company plans to expand its services into new markets, targeting additional rural areas in the UK, although specific regions and timelines have not been disclosed.

## Funding rounds

- Seed, Mar 30, 2020, $0.5M — Cornwall & Isles of Scilly Investment Fund
- Seed, Jan 4, 2019, $1.1M — The FSE Group, Cornwall & Isles of Scilly Investment Fund

## Investors

- The FSE Group — Seed
- Cornwall & Isles of Scilly Investment Fund (https://capitalatlas.ai/funds/cornwall-isles-of-scilly-investment-fund) — Seed