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Shot Scope
Value £6,700,000

Shot Scope

VC Funding
Series B
Consumer Goods Published 31 July 2024

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.

Guinness Ventures

Lead Investor / Acquirer

Guinness Ventures

Advising Broker

Undisclosed Firm

Original Source

View the original press release or news article describing this transaction in full.

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