OneWeb

London, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Eutelsat
Satellite-based communication solutions are provided via low-orbit satellites.
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About OneWeb

OneWeb is a company based in London (United Kingdom) founded in 2012 was acquired by Eutelsat in October 2023.. OneWeb has raised $4.93 billion across 13 funding rounds from investors including Qualcomm, Virgin and Airbus. OneWeb has completed 1 acquisition, including TrustComm. OneWeb offers products and services including LEO Connectivity Service, Back-up Connectivity, and Hybrid Network Solutions. OneWeb operates in a competitive market with competitors including Eutelsat, SES Satellites, SpeedCast, Skylo and Thuraya, among others.

  • Headquarter London, United Kingdom
  • Stage Unicorn
  • Sectors
    Aerospace, Defense & Maritime
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Network Access Associates Limited
  • Date of Incorporation 13 Feb, 2015
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Aerospace, Defense & Maritime → Space Technology & Exploration
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.93 B (USD)

    in 13 rounds

  • Latest Funding Round
    $165 M (USD), Series F

    Oct 11, 2021

  • Investors
    Qualcomm

    & 16 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Eutelsat

    & 1 more

    (Oct 02, 2023)

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Products & Services of OneWeb

OneWeb offers a comprehensive portfolio of products and services, including LEO Connectivity Service, Back-up Connectivity, and Hybrid Network Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Delivers high-speed connectivity for remote and off-grid locations worldwide.

Provides scalable back-up for existing networks during outages or surges.

Enables seamless integration with terrestrial networks for enhanced performance.

People of OneWeb
Headcount 500-1000
Employee Profiles 18
Employee Profiles
People
Harley McDonald
Regional Manager
People
Eva Berneke
Chief Executive Officer
People
Christopher Roche
Legal Operations Manager & Assistant Company Secretary
People
Christian Morris
Senior Spacecraft Operations Manager

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Funding Insights of OneWeb

OneWeb has successfully raised a total of $4.93B across 13 strategic funding rounds. The most recent funding activity was a Series F round of $165 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 13
  • Last Round Series F — $165.0M
  • First Round
  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Series F - OneWeb Valuation Eutelsat
Aug, 2021 Amount Series F - OneWeb Valuation

investors

Jun, 2021 Amount Series F - OneWeb Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in OneWeb

OneWeb has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Qualcomm, Virgin and Airbus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
VC & PE firm
Founded Year Domain Location
Venture capital investing in technology sectors such as AI and automotive.
Founded Year Domain Location
Provider of commercial satellite coverage, broadband network, and data connectivity services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by OneWeb

OneWeb has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TrustComm. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Wireless and satellite communication services are provided globally.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - OneWeb

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Oneweb Comparisons

Employees
+
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Competitors of OneWeb

OneWeb operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eutelsat, SES Satellites, SpeedCast, Skylo and Thuraya, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of commercial satellite coverage, broadband network, and data connectivity services
domain founded_year HQ Location
Satellite-based communication services are delivered via MEO constellation.
domain founded_year HQ Location
Satellite connection services are provided for remote and global applications.
domain founded_year HQ Location
Provider of satellite connectivity for sensor data, SMS, and voice calls
domain founded_year HQ Location
Provider of mobile satellite communication solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Oneweb

Frequently Asked Questions about OneWeb

When was OneWeb founded?

OneWeb was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Where is OneWeb located?

OneWeb is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of OneWeb?

Neil Masterson is the current CEO of OneWeb.

Is OneWeb a funded company?

OneWeb is a funded company, having raised a total of $4.93B across 13 funding rounds to date. The company's 1st funding round was a Series F of $500M, raised on Jan 14, 2015.

What does OneWeb do?

OneWeb was founded in 2012 and is headquartered in London, United Kingdom. Operations focus on the satellite communications sector, where a fleet of low-Earth orbit satellites is deployed and managed. Broadband and high-speed connectivity services are delivered to support users including governments, businesses, schools, and communities across various regions.

Who are the top competitors of OneWeb?

OneWeb's top competitors include Eutelsat, SES Satellites and SpeedCast.

What products or services does OneWeb offer?

OneWeb offers LEO Connectivity Service, Back-up Connectivity, and Hybrid Network Solutions.

How many acquisitions has OneWeb made?

OneWeb has made 1 acquisition, including TrustComm.

Who are OneWeb's investors?

OneWeb has 17 investors. Key investors include Qualcomm, Virgin, Airbus, Gov.uk, and Eutelsat.

What is OneWeb's valuation?

The valuation of OneWeb is $3.4B as of Aug 2021.

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