Seed funding to reduce £1bn UK mobile spend using connectivity optimisation platform
This article covers Meaningful Planet, an Isle of Wight‑based greentech startup, which has closed a seed funding round led by SFC Capital. The funding aims to support the startup’s rollout of a connectivity service and optimisation platform designed to reduce costs and embed carbon accountability in UK business mobile estates, addressing an estimated more than £1 billion of annual waste.
Meaningful Planet has closed a seed funding round led by SFC Capital to tackle what it estimates is more than £1 billion of annual waste across UK business mobile spending. The Isle of Wight‑based greentech startup combines its own connectivity offering with an optimisation platform to reduce cost and embed carbon accountability in corporate mobile estates.
Why it matters
UK businesses frequently face opaque pricing, punitive overage charges and fragmented management systems for corporate mobile. Meaningful Planet positions itself as a counterpoint to that model by automating plan optimisation across SIM estates and offering transparent billing, which can matter both for procurement and for firms tightening sustainability commitments.
The company cites industry estimates that the market could be losing more than £1 billion a year to inefficiency. If those figures are accurate, tools that lower recurring telecom spend and surface emissions from connectivity could become a simple efficiency and ESG play for customers across sectors.
Inside the product
Meaningful Planet operates its own mobile connectivity service and bundles MILO, an integrated management platform. MILO uses predictive analytics and machine learning to monitor usage across eSIM, IoT and multi‑network deployments, flag inefficiencies and automatically adjust plans. The company says early customers have reduced costs by up to 28% in the first year while keeping administrative workload steady.
Connectivity is provided on a carbon‑neutral basis through verified UK offset projects. A portion of profits funds habitat restoration projects delivered by regional Wildlife Trusts; current projects named by the company include seagrass restoration along the Solent, large‑scale nature recovery in Yorkshire and beaver reintroduction in Northamptonshire. Meaningful Planet is also rated a Best Buy Network by Ethical Consumer Magazine and has presented at The Economist’s sustainability programmes, Connected Britain and Web Summit. It is a pending B Corporation.
Who are the investors?
The round was led by SFC Capital. The company did not disclose other participants in the announcement.
In the announcement, Ed Stevenson, Principal at SFC Capital, said:
The business mobile market has been inefficient for too long. Meaningful Planet fixes this with transparent pricing and smart automation that cuts waste. We’re backing Nick and Richard as they prove businesses can save money and act responsibly at the same time.
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Founder perspective
In the announcement, Nick Falkowski, Co‑Founder and CEO of Meaningful Planet, said:
For decades, telecoms margins have been built on complexity and misalignment. We’ve built the opposite – a model where efficiency, responsibility, and long-term value reinforce one another. Sustainability isn’t an add-on: it’s long-term business strategy.
In the announcement, Richard West, Co‑Founder and COO, said:
Our customers aren’t choosing between saving money and doing the right thing – they’re doing both, without taking on more complexity or admin.
The bigger picture
Meaningful Planet sits at the intersection of two trends: rising scrutiny of corporate suppliers’ environmental impact and ongoing pressure to reduce operational costs. Telecoms and connectivity are often overlooked line items in procurement reviews; automation and clearer pricing could reduce friction for procurement teams while feeding into broader sustainability reporting.
For UK greentech investors and corporate buyers, the pitch may be straightforward: if telecom complexity can be simplified and decarbonised without extra admin, adoption could spread across public and private sector contracts. The company’s pending B Corp status and partnerships with Wildlife Trusts are positioned to strengthen that narrative.
This raise adds to a steady stream of startups targeting carbon and cost in established services. As regulation and corporate reporting across the UK and Europe continue to emphasise supplier transparency, expect more attention on business services that bundle financial and environmental improvements.
They've invested in Meaningful Planet
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