EMV Capital-backed Sofant Secures £6.25m to Pivot from R&D to Commercial Rollout

NetScientific ( (GB:EMVC) ) has shared an update.

EMV Capital’s portfolio company Sofant Technologies has raised around £6.25m in a pivotal equity round that converts the bulk of its outstanding loans into shares and injects new capital to fund the shift from multi-year R&D to commercial launch and production. Led and structured by EMV Capital’s advisory arm, the deal brings in significant backing from Scottish Enterprise, the National Security Strategic Investment Fund and other investors, modestly increases EMV Capital’s direct stake and lifts the fair value of both its own holding and its third-party assets under management in Sofant, underscoring the VC’s role at a key value inflection point. The funding follows a technical breakthrough in October, when Sofant demonstrated what it claims is the world’s first fully functioning Ka-band transmit array based on its proprietary low-power RF MEMS beamforming IC, backed by programmes with the European and UK space agencies, and is intended to support scaling operations, qualifying first commercial products and preparing early deployments in satellite, defence and advanced wireless markets, as the company strengthens its leadership with the appointment of industry veteran Will Whitehorn as chair and targets international expansion.

The most recent analyst rating on (GB:EMVC) stock is a Hold with a £58.00 price target. To see the full list of analyst forecasts on NetScientific stock, see the GB:EMVC Stock Forecast page.

Spark’s Take on GB:EMVC Stock

According to Spark, TipRanks’ AI Analyst, GB:EMVC is a Neutral.

The overall stock score is primarily influenced by the company’s financial performance challenges, particularly in profitability and cash flow management. While technical indicators show bullish momentum, the valuation is unattractive due to negative earnings. Positive corporate events provide some optimism for future growth and strategic positioning.

To see Spark’s full report on GB:EMVC stock, click here.

More about NetScientific

EMV Capital plc is a London-headquartered venture capital investment group focused on deep tech and life sciences, backing early-stage, IP-rich companies across fast-growing sectors through a mix of direct balance-sheet investments, fund management and syndicated deals. Quoted on AIM and operating with an evergreen structure, it actively supports portfolio companies via board representation and value-creation services, while managing both its own stakes and third-party assets to drive growth and value. Sofant Technologies, an Edinburgh-based fabless semiconductor company, develops ultra-low-power RF MEMS-based beamforming and antenna platforms that address critical power and thermal challenges in satellite communications and 5G/6G systems, targeting defence, aerospace and advanced wireless markets with high-volume, low-cost manufacturing.

Average Trading Volume: 38,342

Technical Sentiment Signal: Buy

Current Market Cap: £16.08M

For an in-depth examination of EMVC stock, go to TipRanks’ Overview page.