Blueskytec secures £1.5m from Maven Capital Partners through the South West Investment Fund to expand operations.
Maven Capital Partners backed the cybersecurity specialist via the South West Investment Fund to support manufacturing growth and recruitment.
Blueskytec develops high grade cybersecurity technology tailored for commercial applications within critical national infrastructure. The company provides a hardware based layer of cyber protection designed for mission critical systems.
Blueskytec has secured £1.5m in investment from Maven Capital Partners through the South West Investment Fund. The funding will support the cybersecurity specialist as it advances toward full scale deployment with industrial partners.
Based in Bath, the company provides hardware based cyber defence systems targeted at sectors such as defence, civil nuclear, and energy. The capital injection will be directed toward expanding manufacturing capacity, business development, and recruitment efforts.
Maven backed the firm to capitalise on rising demand driven by stricter regulatory mandates across critical national infrastructure.
From the founder
"We are delighted to be partnered with Maven and the South West Investment Fund at this significant moment for the company. The Maven team dedicated time and effort to thoroughly understand our business, which enabled them to clearly see the full potential of the technology. We look forward to a strong collaborative relationship as we enter the next stage of our exciting journey."
Chris Mobley
CEO at Blueskytec
Investor perspective
"Blueskytec has developed a cybersecurity solution that addresses a critical gap in the market, particularly for infrastructure and operational technology systems. Given the rapidly expanding threat landscape and the regulatory imperative for enhanced cyber assurance, the addressable market for the company’s solution is large and growing. We’re delighted to back Chris, Nicky and the team at such a pivotal point in the company’s journey and look forward to working with them as they continue to expand."
Rafi Khan
Investment Manager, Maven Capital Partners
Use of funds
- 01Grow the team
- 02Scale operations
- 03Accelerate go-to-market
Investors
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About the company
Blueskytec
Blueskytec builds specialised cybersecurity hardware for critical national infrastructure.