ISLE OF MAN TECH FIRM STACUITY SECURES MULTI-MILLION POUND INVESTMENT TO FUEL GLOBAL GROWTH

22 May 2025

Stacuity, the Isle of Man headquartered innovative software-as-a-service company has announced the successful closure of its multi-million pound Series A funding round.

The investment round was spearheaded by Amigos Venture Capital, a boutique investment firm renowned for specialising in strategic investments within the telecom sector, alongside a consortium of prominent global investors. This significant funding milestone underscores strong investor confidence in Stacuity’s ground-breaking approach to connectivity, particularly its commitment to enhancing IoT and enterprise data services through its pioneering 'Edge' strategy.

Stacuity was founded in 2020 by a local team made up of Mike Bromich (CTO), Chris Hall (Chair), Roberta Castle (CRO) and UK based Tim Dowling (CCO), who all boast an impressive proven track record in building and scaling successful telecoms businesses. 70% of the Stacuity team and a number of investor shareholders are based here on the Isle of Man.

Mike Bromwich commented: “This investment marks both an exciting and pivotal moment for Stacuity, enabling us to take significant steps forward in reshaping the landscape of mobile connectivity. We are now poised to rapidly scale our global operations, expand our talented team and accelerate deployment of Stacuity’s global network of managed edge locations”.

Amigos Venture Capital Managing Partner, Mattias Rejman, said: "We are delighted to lead this investment round for Stacuity. The team has demonstrated exceptional vision and technical capability, positioning the company at the forefront of next-generation telecoms innovation.”

Keystone Law Isle of Man, led by Corporate lawyer Stephen Rodd, advised Stacuity on all legal aspects of its Series A investment. This funding will fuel Stacuity's ongoing commitment to empowering businesses with game-changing connectivity solutions, driving further innovation, and expanding its market presence globally.

 

About Stacuity
Stacuity is a pioneering software as a service (SaaS) platform provider of advanced connectivity solutions designed to provide Mobile Network Operators, Security and Connectivity Solution Providers with flexible, scalable, and secure mobile networking. The Stacuity platform empowers customers and partners to offer their Enterprise customers fully managed or self-serviced differentiated mobile connectivity, optimising performance and security for a wide range of applications.

 

About Amigos Venture Capital
Amigos Venture Capital is a boutique investment firm focused on strategic investments in telecom, connectivity, and fintech. With a global outlook, Amigos VC backs ambitious founders who are building the future of digital infrastructure and financial services. The firm combines deep operational expertise with an active, hands-on approach, offering capital, strategic guidance, and a worldwide network to help startups scale and succeed.

 

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