Gigaloch is delighted to announce its first institutional financing round to enable the company to continue to drive the build out of its FTTP network in rural areas of Scotland targeting up to 200,000 premises. The company is delivering Full Fibre broadband connectivity across Scotland’s rural communities.
According to the company’s CEO, Steven Brown, “There are vast areas of unserved communities north of the central belt of Scotland which remain unconnected. Our deployment model works with local communities and landowners to ensure that no one is left behind in a world which has become increasingly digital.”
The company was supported in this financing round by tech investment bank, Axxeltrova.
About Gigaloch: Gigaloch is a Scottish Telco committed to empowering rural communities with lightning-fast 1Gb/s download speeds and unlimited, reliable connections. Offering an eco-friendly approach to network construction. Currently expanding above the Central Belt in Scotland, Gigaloch aims to bridge the digital divide and foster thriving, connected communities across rural areas.
About Axxeltrova: Founded in London in 2009, Axxeltrova is a UK FCA registered tech investment bank.