The funding round was co-invested by Startup Funding Club, the SFC Angel Fund, and the London Co-Investment Fund.
"We are very pleased to achieve this important milestone by investing in such an exciting venture as Blue Skies Space Ltd. In many ways, this investment is a great illustration of the progress we’ve made since we started and we are looking forward to continuing to support great British startups."
The round included participation from Kelvin Capital, Old College Capital, and the Scottish Investment Bank.
"Sofant was very pleased to secure NPI’s support and expand our investor base in this important funding round. We look forward to working with NPI in the future as we take our highly innovative SmartAntenna technology to the next level."
YFM Equity Partners backs telecommunications consultancy e2E with £1.5m from its advised VCTs.
"We were attracted to this opportunity due to the strength of the long-established management team and the exciting, unique technology that they had developed over recent years. NEL Fund Managers introduced the deal and it was particularly pleasing to work with both them and local advisers to help bring this deal to completion. We look forward to helping this business to grow in the North East and Welwyn Garden City."