AccelerComm secures £5.8m Series A funding from IQ Capital, Bloc Ventures and IP Group to Supercharge 5G Communications

College of Southampton spinout to make use of investment to scale IP era industry that considerably reduces latency and will increase spectral potency

Southampton, 21st September 2020: AccelerComm – The Southampton College spinout supercharging 5G, satellite tv for pc and different wi-fi communications with IP which will increase spectrum potency and decreases latency – has raised £five.8m in Collection A investment in a spherical led via IQ Capital along current buyers Bloc Ventures and the IP Team. The investment can be used to enlarge the present crew, power US and international enlargement, and increase the era additional as call for for the corporate’s state-of-the-art virtual sign processing IP grows amongst cell operators, telecoms apparatus distributors, satellite tv for pc operators and hooked up tool producers.

AccelerComm logo

AccelerComm emblem

Low latency and top spectrum potency are an important in protective mobile and different radio networks from inadequate capability, low information charges, sparse protection and deficient quality-of-service. In spite of the roll-out of early 5G networks those elements stay a subject matter that possibility stifling new income alternatives for operators from services and products similar to gaming or VR, business IoT, independent automobiles or drone keep an eye on.

AccelerComm’s state-of-the-art channel coding IP is used to right kind transmission mistakes in cell, small cellular and satellite tv for pc communications led to via noise, interference and deficient sign power. This era is optimised for the precise wishes of mobile and satellite tv for pc communications to offer marketplace main efficiency and potency. The product suite features a whole channel coding IP answer that delivers decreased latency and tool intake for probably the most crucial element of a 5G machine, while assembly all of the throughput and mistake correction objectives. The AccelerComm IP applications will also be temporarily built-in and flexibly delivered to be used in customized silicon (ASIC), programmable (FPGA) or as device answers, overlaying all use instances throughout the present requirements.

Based via Professor Rob Maunder on the College of Southampton in 2016, AccelerComm has established itself as a pace-setter within the box of channel coding, often referred to as ahead error correction, and is already operating with Intel, Xilinx and Nationwide Tools. Pushed via a management crew comprising executives and senior skill from ARM, Qualcomm and Ericsson, the corporate was once lately named within the EE Occasions Silicon 100: Rising Startups to Watch and continues to push the cutting-edge in channel coding era.

Tom Cronk, CEO of AccelerComm stated: “From gaming and VR to computerized robot production strains and telemedicine, the use instances at the street to 5G seem nearly infinite. However a crucial roadblock stays – latency. For greater than 15 years a analysis crew led via Prof. Maunder, first on the College of Southampton and now at AccelerComm, has been operating to resolve the problem to ship at the 5G promise of a low latency, top throughput enjoy. We’re overjoyed to have closed our Collection A investment spherical, which is able to assist us additional increase and deploy our already marketplace main era to assist enhance the potency of networks for many future years.”

Max Bautin, Managing Spouse at IQ Capital commented “We’re very excited that we have got been in a position to spouse with AccelerComm on this spherical of investment. Squeezing ever extra information into restricted radio spectrum at quicker and quicker speeds is a large problem dealing with the telecoms trade. Bettering the potency and reliability of knowledge switch has turn into crucial to many industries – no longer simply in mobile networks and IoT but additionally satellites, drones, fastened wi-fi web and the rest that makes use of radio waves. AccelerComm’s monitor file of promoting to globally very refined blue-chip shoppers and deep IP are very spectacular. The fantastic founding crew combining leading edge instructional and trade wisdom with ex ARM DNA provides AccelerComm implausible enlargement possible.”

David Leftley, CTO and co-founder of Bloc Ventures and Lee Thornton, Funding Director at IP Team stated “Bloc and IP Team are overjoyed to be partnering with Max and the IQ Capital crew on taking AccelerComm to the following degree of scale. We imagine we’ve got the makings of one thing very particular in AccelerComm, one thing we’ve got no longer noticed in the United Kingdom for the reason that early days of ARM”.

AccelerComm had been prompt in the course of the investment procedure via Acuity Advisors, UK.

–ENDS–

Notes to Editors

About AccelerComm
AccelerComm is the corporate supercharging 5G with Optimisation and Latency Aid IP. It supplies LDPC, polar and turbo FEC answers which permit optimum efficiency of verbal exchange methods and solves the demanding situations that may another way prohibit the velocity of 5G, specifically the mistake correction deciphering this is required to triumph over the results of noise, interference and deficient sign power. For more info please seek advice from: www.accelercomm.com

About IQ Capital
IQ Capital is a challenge capital company, based totally in Cambridge and London. With £300m property below control, it invests in ‘deep-tech’ throughout sectors together with system finding out, AI, robotics, and complex engineering and fabrics, and data-focused propositions in keeping with disruptive algorithms. The entire company’s portfolio corporations are in a position to dominating their respective markets on a world scale. Preliminary investments vary from £300okay to £5m, with capability for follow-on funding as much as £30m.

The IQ Capital crew has completed over 20 exits so far, to corporations together with Oracle, Google, Apple, Huawei, and Fb, and several other IPOs. IQ Capital has led 28 investments over the past 3 years. The company is recently making an investment at seed and Collection A degree from its 3rd challenge fund.

For more info, please seek advice from: www.iqcapital.vc

About Bloc Ventures
Bloc Ventures is an everlasting challenge capital corporate offering expert-led investment of Ecu deep era. The Bloc crew has a good complementary mixture of era, commercialisation and finance experience borne out of intensive careers within the era trade, together with a few years in company challenge capital and M&A at Vodafone and ARM. They observe a hands-on collaborative method with portfolio corporations to scale them swiftly post- funding. Bloc serves because the catalyst for its portfolio corporations, shifting them from early-stage to enlargement companies and using really extensive value-creation.

For more info, please seek advice from: www.blocventures.com

About IP Team
IP Team is a number one highbrow belongings commercialisation corporate which specializes in evolving nice concepts, basically from its spouse universities, into world-changing companies. The Team has pioneered a singular solution to growing those concepts and the ensuing companies via offering get right of entry to to industry construction experience, capital (via its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and industry give a boost to. IP Team has a robust monitor file of good fortune and its portfolio contains holdings in early-stage to mature companies throughout existence sciences and era. IP Team is indexed at the Major Marketplace of the London Inventory Trade below the code IPO.

For more info, please seek advice from: www.ipgroupplc.com

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