The pre seed round was led by SFC Capital with backing from institutional funds and angel investors.
"We are thrilled to be partnering with Bethnal Green Ventures, the London Co-investment Fund, and the Start-up Funding Club, Copa Ventures and likeminded Angel Investors."
The pre-seed round was led by SFC Capital and will be used to enhance the company conversational capabilities.
"Social isolation and loneliness are a big challenge for society. Our digital companion, Lola, aims to increase confidence, improve wellbeing, and connect those in care with their loved ones and carers in unique and wonderful ways. We are giving that person a tool to help them build stronger and more varied social connections with those around them"
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."