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Founded in 2019, Netomnia provides fibre broadband to businesses and homes across the United Kingdom. Much of the UK still relies on a copper network, which is unsuitable for internet use today. But Netomnia plans to upgrade the network to fibre, using light particles to carry data. It’s secured an impressive £123m in investment so far, in just one funding round.
The company aims to first serve areas across the country which, historically, have had to contend with poor internet speeds and connections, and create a network which lasts long term. By 2023, it aims to connect 1m homes and all company types, from small businesses to larger enterprises, and 2m nationwide by 2024. The team has decades of experience in the industry between them, and is led by Jeremy Chelot as CEO. 1
