Henley Business Angels contributed to the £1.1m financing round for the workplace safety wearable maker.
"Too many workers only discover the impact of hazards like noise or vibration exposure years after the damage is done. By then, it’s too late. This funding allows us to keep building tools that help employers see risk as it develops, not after the harm has already occurred. Prevention has to happen in real time, on the person, not retrospectively in a report. spacebands was founded on the belief that better data leads to better decisions and safer outcomes. By giving employers visibility of exposure that has historically gone unmeasured, the company aims to reduce avoidable harm, protect workers’ long-term health, and help organisations demonstrate effective control of risk."
The financing was led by EMV Capital Partners and will support operational scaling and early customer deployments.
"We are pleased to have secured this significant investment from our existing shareholder base, and to welcome NSSIF as a new strategic shareholder. This support is a testament to the disruptive potential of Sofant’s technology and the remarkable progress our team has made in recent months. With this additional capital, we are positioned to accelerate our commercial deployment and redefine what is possible in wireless communications."
The seed round was led by Lakestar to accelerate development and international deployment.
"Everything around us is manufactured, from the mug on your desk to the optical cables carrying our Netflix binges. Everyone talks about the glamorous side of manufacturing: generative design, material discovery, digital twins, but few spend time on the factory floor. The hard part isn’t dreaming things up inside a computer; it’s making them work at scale. Manufacturing still runs on human know-how, the kind that lets someone on the line kick a machine just right, or run a finger over a scratch, and say, ‘that’s thirty-four microns wide.’ We’re using AI to capture and scale that tacit knowledge, so engineers can design things that actually work in the real world. It’s time to manufacture the impossible."
Lifted Ventures led the seed investment alongside Mint Ventures.
"We are truly honoured to join BindEthics on their mission to replace harmful glues and support the critical healthy ageing sector. This is exactly the kind of purpose-led, women-led innovation that is aligned with our members investment values."
Serendipity Capital led the round with participation from NSSIF and SCVC.
"We’re thrilled by the strong investor support at this early stage. This raise is more than capital; it’s a vote of confidence in our mission to make quantum sensing operational. We’re building the tools to see what others can’t, in places that matter most, from hidden sinkholes to critical infrastructure. With this funding, we’re accelerating our roadmap to deliver smaller and more nimble field-ready systems."