£6.4M
The European Space Agency has awarded Orbex funding through its Boost! commercial space transportation programme.
"We very much appreciate the investment in new, commercially-focused microlauncher technologies from ESA’s new Boost! programme,"
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
127
Total raised
£13.5B
disclosed amounts
The European Space Agency has awarded Orbex funding through its Boost! commercial space transportation programme.
"We very much appreciate the investment in new, commercially-focused microlauncher technologies from ESA’s new Boost! programme,"
The funding round was led by Blackfinch and Praetura Ventures to support product marketing and business growth.
"Both Blackfinch and Praetura Ventures instantly recognised what Transreport is trying to achieve: make transport more accessible. Their respective strategic visions for a more equal, equitable and inclusive society aligns completely with our own. Going forward, there is a strong belief that companies which put people and the planet first, will undoubtedly be more profitable. We maintain an ethos of using technology for doing good, and the entire team is greatly looking forward to working with them to help grow Transreport further to maximise its positive impact on as many people as possible."
The round was led by Skylake Capital and will support product roadmap acceleration and go-to-market capabilities.
The mobility app has raised £1.5m to support its roadmap and overseas expansion plans.
"What resonates with investors is not just the initial premise of the business and how it can appeal to all demographics, but also our ability to refocus during the pandemic. From the fact we are the first carbon-negative lift-sharing app to identifying the need for Errands to getting it up and running so quickly, is why we have been so successful in our funding."
The convertible debt round was led by Luxor Capital and brings new capital to support engineering and industrialisation plans.
"Luxor Capital seeks to back transformative companies and management teams who can generate growth and value over the long term. Volta Trucks started from first principles designing the Volta Zero and, as a result, has created an innovative vehicle that takes full advantage of electrification. We are confident customers will be delighted by Volta Trucks’ relentless focus on performance, efficiency, safety, and customer service. We look forward to helping establish Volta Trucks as a leading global electric truck brand."