“This is completely new. So far, we are the only ones in the UK who are creating an ecosystem for space tech,” says Anthony Clarke, managing director of Newable Ventures, whose UK Space Tech Angels (UKSTA) programme has closed investment rounds for seven UK-based start-ups since the beginning of 2017.
Clarke’s team are currently sifting through hundreds of pitches for funding from entrepreneurs in this emerging field. The deserving few will get the chance to pitch for funding in one of the UKSTA showcases to the network of business angels that Newable has cultivated, including at the Space Technologies Investor Showcase event happening at NatWest’s Bishopsgate premises in London on 20 March.