6 founders and investors anticipate hockey-stick growth for Edinburgh’s start-up scene

6 founders and investors anticipate hockey-stick growth for Edinburgh’s start-up scene

Scotland’s capital Edinburgh boasts a beautiful, hilly landscape, a robust education system and excellent access to grant funding, private and public investment. In 2020, Scottish start-ups collectively raised ₤ 345 million, according to Tech Nation, and with nearly 2,500 start-ups, it has the highest number of budding tech business outside London. Strong in fintech, health tech, data science, deep tech. What are the tech financiers like in Edinburgh? Strong in fintech, travel tech, health, oil, renewables, e-commerce, gaming (both video game and gaming tech). What are the tech investors like in Edinburgh?…

UK area launch start-up Orbex raises $24 million for its recyclable rockets

UK area launch start-up Orbex raises $24 million for its recyclable rockets

UK-based Orbex has raised a new$24 million financing round, led by BGF and Octopus Ventures, and consisting of participation from existing financiers High-Tech Gründerfonds, Heartcore Capital,
and Elecnor S.A. This brand-new financial investment aid “secure the roadmap”that Orbex was currently working towards regarding its launch vehicle development and release, which is currently targeting 2022 for […]…

<aRocket start-up Skyrora accomplishes a successful sub-orbital launch from Scottish island

<aRocket start-up Skyrora accomplishes a successful sub-orbital launch from Scottish island

This past weekend was a hectic one for rocket launches, including for brand-new launch companies wishing to sign up with the ranks of SpaceX and Rocket Lab as private, operational area launch suppliers. Edinburgh-based Skyrora attained a substantial milestone for its program, effectively introducing its Skylark Nano rocket from an island off the coast of Scotland on […]…

Rocket start-up Skyrora shifts production to hand sanitizer and face masks for coronavirus response

Rocket start-up Skyrora shifts production to hand sanitizer and face masks for coronavirus response

Among the more recent companies attempting to sign up with the rarified group of personal space launch startups actually flying payloads to orbit has actually redirected its entire UK-based manufacturing capacity towards COVID-19 reaction. Skyrora, which is based in Edinburgh, Scotland, is answering the call of the UK government and the NHS to manufacturers to do what they […] For now, though, Skyrora will be focusing full on constructing hand sanitizer, its very first effort to support the COVID-19 reaction. In addition to sanitizer, Skyrora is now in talks with the Scottish Federal government to see where 3D-printed protective face masks may have a helpful effect on making sure health employee safety. …