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Innocent Drinks founders back broadband start-up taking on BT

Innocent Drinks founders back broadband start-up taking on BT
Cuckoo will use £4m funding round to double its workforce in an attempt to hoover up more customers
26 April 2021 • 6:00am
A broadband start-up attempting to disrupt the dominance of BT has secured $6m (£4.3m) from investors, including the founders of Innocent Drinks.
Cuckoo plans to double its workforce following a fresh funding round supported by JamJar Investments, the fund created by Innocent s Richard Reed, Adam Balon and Jon Wright.
Spearheaded by former Treasury civil servant Alex Fitzgerald, Cuckoo wants to mirror the success of Bulb and Octopus Energy, which have become challengers in the energy market. ....

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Insurgent UK broadband startup Cuckoo Internet raises $6M round led by RTP Global, with JamJar Investments – TechCrunch

Insurgent UK broadband startup Cuckoo Internet raises $6M round led by RTP Global, with JamJar Investments
Cuckoo Internet, which is aiming to be an insurgent startup in the broadband provider space in the UK, has closed a $6 million investment round led by RTP Global, along with participation from JamJar Investments. It will also launch on price-comparison site uSwitch.
RTP Global was an early backer of Yandex, Delivery Hero, and Datadog. JamJar has backed Bulb, Deliveroo, Tails and Oatly. Other individual investors in the round included former executives of Monzo and Stripe,
Cuckoo’s pitch is that it has a simple broadband offering, suppling a single 67 Mb/s fibre deal on a monthly rolling contract with “no hidden fees” it says. ....

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