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28 December 2017
Edinburgh-based Shot Scope Technologies has raised £1.6m, bringing its total raised to date to £4.5m.
The firm, which creates a performance-tracking watch for golfers, received funds from high-net-worth individuals, Scottish Investment Bank, Equity Gap and Old College Capital – the investment fund of University of Edinburgh.
Founder and CEO David Hunter said: “This investment enables us to scale up manufacturing, scale up marketing and scale up sales.”
This funding round is the company’s third, following a £1.6m round in 2016 and a £400,000 fundraise in 2015.
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