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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
50
Total raised
£1.8B
disclosed amounts
This month
£8.2M
raised so far
The funding round was backed by SPARX Group and SFC Capital to support the deployment of the Mauve satellite.
"We are delighted to partner with Blue Skies Space and help accelerate the implementation of their vision. Their unique data service will bring exciting new opportunities for space research and be the first commercial offering in a landscape only served by governments today. We look forward to seeing Mauve and Twinkle followed by a fleet of dedicated science satellites."
The funding follows backing from six investors, led by a £10.5m injection from the Scottish National Investment Bank.
"Orbex is one of only two space rocket manufacturers in the UK, and the only one to also operate its own spaceport. Our technology is pivotal in making the UK a hub for European orbital launch, and we are entering a critical phase of development. We are building a sustainable, cost-effective launch vehicle to compete with the best of Europe’s spaceflight manufacturers. This additional funding will support our goal to push on into an operational launch phase, and scale our business when the time comes."
The company has raised funds from backers including Scottish Enterprise and Capital for Colleagues to support the commercial release of its HELIX suite.
"I am delighted and honoured to be taking on the chairmanship for Bright Ascension at this very exciting point in time and looking forward to helping steer the company towards a very successful future"
The Liverpool geospatial firm will partner with the European Space Agency to develop a high-resolution monitoring system.
"Supply interruptions cost utility companies billions of pounds each year, not only in trying to repair and restore supplies but also paying compensation to customers. Construction work is a key cause of disruption and the situation is likely to get worse in the future if planning laws are relaxed. Our systems help them make the most of the available data and take a pro-active approach to identifying and tackling potential hazards. The new system will be the most powerful to date and could help companies to dramatically reduce downtime, regulatory fines and their environmental impact."
The funding comes from the UK government Space Clusters and Infrastructure Fund to scale production at Harwell and Space Park Leicester.
"The UK is a pioneer in many areas of the global space ecosystem and it is initiatives like this from the UK Space Agency and the SCIF which enables its pioneering ecosystem to continue to grow. This funding will accelerate our mission to democratise access to critical space infrastructure by allowing faster integration of bigger payloads onboard our satellites."
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