Funding Tracker
Announced April 15, 2023Honest Mobile raises $3.7M (£3M)
- Company
- Honest Mobile
- Round
- Seed
- Amount
- $3.7M (£3M)
- Investors
- dmg ventures (lead), Wayra UK, Ascension, Focal
- Announced
- April 15, 2023
What happened
UK carbon-neutral MVNO Honest Mobile raised £3 million (about $3.7 million) in seed funding led by dmg ventures, with Wayra UK, Ascension, Focal, and angel investors participating, to grow its sustainability-focused mobile service.
Why it matters
Honest Mobile tested whether ethics and sustainability can differentiate an MVNO the way price once did — part of the same values-led positioning wave that later made privacy (Cape) a fundable wireless niche.
MVNO
Sustainability
United Kingdom
Source: Nordic 9
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