£3.1M
The Glasgow space technology start-up has raised £3.1m from investors including Space Capital and the Scottish National Investment Bank to scale its connectivity platform.
"We immediately saw the opportunity with R3-IoT, which is essentially Nest for organisations with remote industrial facilities. This is the right company at the right time that will benefit tremendously from new backhaul capacity coming online through low-Earth orbit satellite communications."
R
R3-IoT—Glasgow, UKSpace Capital + 5 others
