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7th June 2024 - 0 comments

EMV Capital backs £3.4m funding for SatCom leader Sofant

EMV Capital, a VC investor specialising in high-growth deep tech companies, has led a c.£3.4m investment round into its portfolio company Sofant Technologies, a leading edge wireless technology company developing next generation phased-array antenna platforms.

The fundraising was led by EMV Capital, syndicated from its cohort of private EIS investors, and joined by Kelvin Capital and Scottish Enterprise. The company is now set to execute its go-to-market strategy, using funds from this investment round to deliver satellite terminals to SatCom operators and their clients in aerospace, defence and security and civilian applications. Sofant has made significant product commercialisation progress, including development contracts with Inmarsat (now part of Viasat), the European Space Agency and a global defence company.


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