Helix Geospace, a specialist in antenna and RF (radio frequency) technology, has raised GBP3 million seed funding in a round led by Bloc Ventures, and supported by the UK Innovation and Science Seed Fund (UKI2S), managed by Midven, part of Future Planet Capital.
Several private investors including a group of sophisticated HNWI’s introduced by Tony Best, who’s background is in finance and high-end electronics manufacturing, also participated.
In addition to this GBP3 million round Helix has previously raised GBP2.5 million investment from UKI2S and angel investors, and has participated in Wayra UK’s Intelligent Mobility Accelerator programme and Seraphim Capital’s Space Camp Mission 6. Helix has also received additional grant funding for advanced antenna development from the European Space Agency, and for anti-jamming/spoofing technology from UKI2S.
