Sofant Technologies: Fundraising
We are pleased to announce that Sofant Technologies Ltd (Sofant), the Edinburgh-based developer of low-power RF MEMS beamforming solutions for satellite communications, has successfully closed a c.£6.25 million equity fundraising (Fundraising). A business update on Sofant also follows.
Fundraising
This is a seminal funding round for Sofant, as the company transitions from multi-year R&D into a commercial launch and production.
The Fundraising was led and syndicated by EMV Capital Partners Limited (EMVCP), the Group’s wholly owned venture capital and corporate finance firm. EMVCP played a central role in structuring the round, anchoring it with c.£0.75 million of new equity investment, managing loan conversions and aligning all major stakeholders. The round includes significant participation by Scottish Enterprise, the National Security Strategic Investment Fund and other investors. The Fundraising comprises of c.£1.1 million of new equity investment together with the conversion of approximately £4.7 million of existing loans and accrued interest under convertible loan agreements and approximately £430,000 of advance subscriptions. As part of the transaction, a portion of fees owed to EMVCP were converted into equity, further increasing the Group’s direct stake.
Proceeds from the Fundraising will support the scaling of Sofant’s operations, final qualification of its first commercial products, and preparation for early customer deployments in satellite communications, defence and advanced wireless markets.
Business update
The Fundraising follows a period of strong technical and commercial momentum for Sofant. In October 2025, the company achieved a major industry breakthrough by successfully demonstrating the world’s first fully functioning Ka-band transmit array using its proprietary RF MEMS beamforming IC. This milestone showcased Sofant’s ability to achieve the integration of its proprietary technology into a complete transmit array, significantly reducing power consumption, size and thermal demands compared with traditional semiconductor-based systems.
To support the transition to a scale-up company, Sofant recently appointed Will Whitehorn OBE as Chair, who brings extensive experience in aerospace, satellite communications and commercial scaling. His appointment reflects the company’s shift toward international expansion.
David Wither, CEO of Sofant Technologies, commented:
“We are pleased to have secured this significant investment from our existing shareholder base, and to welcome NSSIF as a new strategic shareholder. This support is a testament to the disruptive potential of Sofant’s technology and the remarkable progress our team has made in recent months. With this additional capital, we are positioned to accelerate our commercial deployment and redefine what is possible in wireless communications.
“EMVC has supported Sofant through several phases of development, and we would like to thank them for leading this round and for their continued support and guidance, along with our wider shareholder base.”
Dr Ilian Iliev, CEO of EMV Capital and Sofant Investor Director, added:
“EMV Capital’s anchoring of this pivotal funding round reflects our continued confidence in Sofant’s breakthrough low-power RF MEMS technology, which we believe represents a step-change in the architecture of next-generation wireless systems, with the potential to reshape products across defence, aerospace, satellite communications and high-performance enterprise markets.
“This investment fits closely with our investment thesis of providing decisive hands-on support at key value inflection points of our portfolio companies, and to help attract strategic finance.
“We look forward to working closely with the Sofant team as they scale into global markets and unlock the significant value we believe this technology can create.”