Sofant, an Edinburgh-based developer of satellite communications and 5G and 6G technologies, has closed a £6.25m equity funding round.
The Scottish firm specialises in the development of low-power RF MEMS beamforming solutions used for wireless satellite communications.
It has been in an extended research and development phase and, with the new funds secured, is preparing for its full commercial launch.
“This support is a testament to the disruptive potential of Sofant’s technology and the remarkable progress our team has made in recent months,” said David Wither, chief executive of Sofant Technologies.
“With this additional capital, we are positioned to accelerate our commercial deployment and redefine what is possible in wireless communications.”
The investment was led by EMV Capital Partners, with additional participation from Scottish Enterprise.
Dr Ilian Iliev, chief executive of EMV Capital said: “EMV Capital’s anchoring of this pivotal funding round reflects our continued confidence in Sofant’s breakthrough low-power RF MEMS technology, which we believe represents a step-change in the architecture of next-generation wireless systems, with the potential to reshape products across defence, aerospace, satellite communications and high-performance enterprise markets.
“This investment fits closely with our investment thesis of providing decisive hands-on support at key value inflection points of our portfolio companies, and to help attract strategic finance.
“We look forward to working closely with the Sofant team as they scale into global markets and unlock the significant value we believe this technology can create.”
