Summary
Shot Scope, a Scotland-based golf technology firm, has raised $8.5m in a Series B funding round led by Guinness Ventures, which invested $4m, with participation from Scottish Enterprise, Growthdeck, The SideBySide Partnership, Equity Gap, and $1.9m venture debt from Virgin Money.
Summary of transaction details:
- Value: $8.5m (approx. £6.7m)
- Sector: Consumer Goods
- Advisor: Not mentioned
- Key Entities: Shot Scope, Guinness Ventures, Scottish Enterprise, Growthdeck, The SideBySide Partnership, Equity Gap, Virgin Money
- Location: Edinburgh, Scotland (HQ); expansion in USA, Europe, Australia, New Zealand
Note: The funding accelerates Shot Scope's mission to deliver subscription-free game-improvement technology to 60 million golfers globally, supporting US infrastructure and worldwide retail partnerships amid rising golf participation.
Lead Investor / Acquirer
Guinness Ventures
Advising Broker
Undisclosed Firm
Related Deals in Consumer Goods
Series B prioritisedOriginal Source
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