The funding follows previous investment from Henley Business Angels members.
"From medical technicians prototyping hearts so surgeons can practice before surgery to chocolatiers making short runs of chocolates for Nike – we have been blown away by the range of applications we’ve seen for our desktop manufacturing platform so far."
The investment from backers including SFC Capital will accelerate the manufacturing of the Twinkle satellite ahead of a Series A round.
"We at SFC Capital are pleased to support the growth of Blue Skies Space as they prepare themselves to secure Series A funding for the construction and launch of their first satellite. The SFC EIS Fund supports the best performers from our portfolio of over 300 companies and Blue Skies Space is a great example of a company that has made impressive progress since our original investment in 2018."
The pre-seed investment was led by SFC Capital to support product development and team expansion.
"High attrition rates in professional services mean that new generations of lawyers and accountants don’t want to spend their time on menial administrative tasks. This has a knock-on effect on support staff and in legal firms specifically, secretaries are working for an increasing number of lawyers, with the ratio expected to be 20 legal professionals per secretary by 2027. Our platform delivers richer, more insightful transcriptions and analytics for remote collaboration"
The Series A round will fund expansion across the United States and Europe for the cultural preservation platform.
"We believe that collecting organisations should have access to cost-effective technology to help conserve our shared cultural legacy. COVID-19 has hastened a shift in an organization's expectations for cost-effective, remote-accessible solutions. We want to give an amazing experience for managing the data that drives preservation outcomes to all collecting organisations, regardless of size or location."