Southampton, Hampshire, United Kingdom - AccelerComm Ltd, a leading provider of high-performance communications solutions, announced today the successful completion of its Series B funding round, raising an impressive $26,906,712. The funding round was led by prominent investors including Swisscom Ventures, IQ Capital, Hostplus, Parkwalk Advisors, and Bloc Ventures, all recognizing the company's groundbreaking innovations in the semiconductor manufacturing industry.

AccelerComm, founded by industry veteran Tom Cronk, is at the forefront of developing cutting-edge physical layer IP solutions that empower the optimal performance of 5G radio access networks. The company's patented communications algorithms for 5G have revolutionized the industry by doubling network capacity, halving power consumption, and significantly reducing latency. These breakthroughs address critical challenges that would otherwise impede the speed, latency, and spectral efficiency of 5G networks.

With the successful completion of its Series B funding round, AccelerComm is poised to accelerate its growth trajectory and further solidify its position as a leader in high-performance communications solutions. The significant investment received will be utilized to expand the company's research and development capabilities, enhance its IP solutions, and broaden its global market presence.

"We are thrilled to have the support and confidence of our esteemed investors in this funding round," said Tom Cronk, Founder of AccelerComm. "This investment underscores the recognition of our groundbreaking work in the semiconductor manufacturing industry and our commitment to delivering unparalleled performance and efficiency in 5G networks. With this funding, we will be able to advance our technology further and meet the evolving demands of the industry."