In 2021 there were just two funding rounds raised by university spinouts developing pureplay telecoms related technologies, but things appear to be looking up in 2022, with four rounds so far. The level of estimated total capital deployed in 2022 stands at $105m, a big jump from last year.
The 2022 number are still considerably lower than 2020 when we saw 10 such deals, worth an estimated total of $201m.
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