- Companies
- Linkem
Linkem Valuation, Funding & Investors
Linkem is valued at $805M as of January 2017.
Last Linkem valuation
$805M
Undisclosed stage · Jan 2017
Last Linkem funding round
$108M
Undisclosed stage · Jan 2017
Cumulative funding Linkem raised
$108M
across 1 funding round
Key investors in Linkem
About Linkem
Linkem is a Rome-headquartered fixed wireless broadband provider in Italy using LTE technology on 3.5 GHz spectrum. The company maintains offices in Florence and Milan plus call centers in Bari and Taranto. It delivers ultrafast internet as an alternative to fiber connections across urban and rural areas.
Founded
2001
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Valuation
$805M (Jan 2017)
Sectors
Linkem Valuation
Linkem is currently valued at $805M, based on its undisclosed-stage round in January 2017.
The $108M round was led by BlackRock.
Linkem valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2017 | Undisclosed stage | $805M |
Linkem Funding History
Linkem has raised a total of $108M across 1 funding round.
Linkem funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2017 | Undisclosed stage | BlackRock (lead) | $108M | $805M | Linkem is Italy's leading provider of fixed wireless broadband services using LTE technology and 3.5 GHz spectrum, offering ultrabroadband internet at lower cost and faster deployment than fiber. Headquartered in Rome with offices in Florence and Milan, plus call centers in Bari and Taranto, it employed over 700 people at the time. In January 2017, Linkem announced a €100 million equity capital increase, with €50 million from BlackRock-managed funds and €50 million from existing investors including Leucadia National Corporation and Cowen Group. The company was valued at about €700 million, bringing total equity capital invested to over €500 million. At the time of the round, Linkem had over 400,000 subscribers, more than 2,000 cell sites covering over 60% of the Italian population, and services in 18 of the 20 top metropolitan areas including Rome, Florence, Palermo, Bari, Turin, and Naples. The funding aimed to accelerate network expansion to cover 80% of Italian households and serve millions of subscribers. A Jefferies report later referenced a post-money valuation of €800 million related to the January 2017 round, though contemporary sources cite €700 million. This investment represented one of the largest recent foreign direct investments in Italy, validating Linkem's model of simple, affordable high-speed internet access nationwide. CEO Davide Rota highlighted the equity as sufficient for near-term goals. |
Who has invested in Linkem?
1 investor has backed Linkem across its funding rounds, including BlackRock.
Lead investors include BlackRock.
Linkem Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Linkem investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Linkem
Linkem has acquired 1 company to date.
Last acquisition by Linkem was on January 1st 2022. Linkem acquired Aetherna for undisclosed valuation.
Latest Acquisitions by Linkem
| Description | Aetherna is a Milan-based telecommunications provider offering fiber optic broadband and VoIP services. It delivers internet connections up to 1 Gbps in Lombardy urban areas, targeting residential and small business customers with bundled phone and data packages. |
| HQ Country | |
| HQ City | Lecco |
| Deal Date | 1 Jan 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Linkem acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Linkem
Linkem has invested in 2 companies to date.
Latest investment by Linkem was on June 26th 2020. Linkem invested in Wiseair in their $200K Pre-seed round.
Latest Investments by Linkem
| Description | Wiseair is a Milan-based developer of portable air quality sensors that measure PM2.5, NO2, and VOC levels for municipalities, businesses, and consumers in Europe. Its Wise-nose devices connect via Bluetooth to apps providing pollution maps and health alerts, deployed in cities like Rome and Barcelona since 2018. The company partners with IoT platforms for urban monitoring networks. | 2hire is a Tel Aviv-based API platform that standardizes connectivity to vehicle telematics from providers like Geotab, Samsara, and Verizon Connect. It enables fleet managers, insurers, and service providers to access real-time data on location, diagnostics, and remote commands across 500 vehicle models without custom integrations. Launched in 2020, 2hire supports electric and connected car ecosystems in Europe and North America. |
| HQ Country | ||
| HQ City | Milan | - |
| Deal Date | 26 Jun 2020 | 4 Feb 2020 |
| Round | Pre-seed | Series A |
| Raised | $200K | $6M |
| Investors | - | LVenture Group; Boost Heroes; Invitalia Ventures; P101 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Linkem investments and their VC round multiples. Start Free Trial | ||
Linkem Competitors
Linkem competitors include listed companies like Makedonski Telekom, Chief Telecom, Etihad GO Telecom and Telecom Plus, and private ones like Telenor (IoT unit) and Airalo.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $235M | $102M | $806M | - | ||
| Private | $140M | $45M | $810M | 5.8x | ||
| Publicly listed | $124M | $60M | $764M | 6.4x | ||
| Publicly listed | $511M | $90M | $763M | - | ||
| Publicly listed | $2.6B | $207M | $858M | 0.4x | ||
| Private | $59M | - | $1B | 16.9x |
Linkem Public Comps
Linkem is still privately-owned, but its public comps include Makedonski Telekom, Chief Telecom, Etihad GO Telecom, Telecom Plus, Shenzhen Topway Video, Tata Teleservices, RailTel Corporation, Tuas, LINK Mobility Group and Hutchison.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $235M | $102M | 3.4x | - | 7.8x | - | |||
| $124M | $60M | 6.6x | 6.4x | 13.6x | 15.1x | |||
| $511M | $90M | 1.3x | - | 7.2x | - | |||
| $2.6B | $207M | 0.4x | 0.4x | 5.1x | 5.7x | |||
| $193M | $7M | 3.7x | - | 109.7x | - | |||
| $120M | $65M | 22.7x | - | 41.8x | - | |||
| $445M | $66M | 1.8x | 1.6x | 12.1x | 11.2x | |||
| $119M | $53M | 4.1x | 3.3x | 9.1x | 7.4x | |||
This data is available for Pro users. Sign up to see all Linkem competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Linkem
| When was Linkem founded? | Linkem was founded in 2001. |
| Where is Linkem headquartered? | Linkem is headquartered in Rome, Italy. |
| Is Linkem publicly listed? | No, Linkem is a private, VC-backed company. |
| What is Linkem's valuation? | Linkem was last valued at $805M in its undisclosed-stage round in January 2017. |
| How much funding has Linkem raised? | Linkem has raised $108M across 1 funding round. |
| What was Linkem's last funding round? | Linkem's last funding round was a $108M undisclosed-stage round in January 2017, led by BlackRock. |
| Who are Linkem's investors? | Linkem's investors include BlackRock. |
| Which companies are comparable to Linkem? | Companies comparable to Linkem include Makedonski Telekom, Telenor (IoT unit), Chief Telecom, Etihad GO Telecom, Telecom Plus and Airalo. |
| How many companies has Linkem acquired? | Linkem has acquired 1 company, including Aetherna. |
| How many companies has Linkem invested in? | Linkem has invested in 2 companies, including Wiseair and 2hire. |
| What was Linkem's last investment? | In June 2020, Linkem invested in Wiseair's $200K pre-seed round. |
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