Skyral Secures $20 Million Series A Funding Led by NOIA Capital
Deal News | Jun 04, 2025 | PR Newswire Cision Skyral
British technology company Skyral has announced it secured $20 million in Series A funding from NOIA Capital, with additional investment from Accrete Capital. Skyral is an industry leader in advanced modelling and simulation technology, offering transformative solutions across various sectors, including defense, national security, healthcare, and infrastructure. The firm has established a strong global presence, collaborating with partners like the UK, US, and NATO. The new investment aims to boost research and development, expand Skyral's team globally, and enhance the delivery of its innovative solutions. Co-founders and Executive Directors, Jason Kennedy and Naomi Hulme, have led Skyral to rapid growth since its inception, positioning it at the forefront of the global digital twin software market. The company's digital twins have been used effectively in various public health challenges, including COVID scenario modelling. NOIA Capital sees Skyral as a next-generation leader in AI-enabled strategic modelling, with the potential for significant impact across its key markets. This latest funding round supports Skyral's continued expansion across Europe, North America, and Asia.
Sectors
- Technology
- Venture Capital
- Defense
- Healthcare
- Infrastructure
Geography
- United Kingdom – Skyral is a British company actively engaged in the UK market.
- Europe – The lead investor NOIA Capital is a European venture capital firm.
- North America – Skyral plans to expand its presence in the North American market.
- Asia – Skyral intends to strengthen its market position in Asia.
Industry
- Technology – Skyral is a technology company specializing in modelling and simulation software.
- Venture Capital – The article discusses a Series A funding round led by NOIA Capital, a venture capital firm.
- Defense – Skyral's software solutions are used in the defense sector, including collaborations with the UK and NATO.
- Healthcare – Skyral's technology has applications in healthcare, providing solutions for public health challenges.
- Infrastructure – The company's digital twins are used for modelling infrastructure systems like transit and telecommunications.
Financials
- USD 20 million – The amount raised in Skyral's Series A funding round.
- USD 100 million – The total amount already invested in Skyral's R&D efforts.
Participants
Name | Role | Type | Description |
---|---|---|---|
Skyral | Target company | Company | A British modelling and simulation software company focused on creating digital twins. |
NOIA Capital | Lead investor | Company | A European venture capital firm leading Skyral's Series A funding round. |
Accrete Capital | Investor | Company | A partner in Skyral's $20 million Series A funding round. |
Jason Kennedy | Co-founder and Executive Director | Person | Co-founder and Executive Director of Skyral. |
Naomi Hulme | Co-founder and Executive Director | Person | Co-founder and Executive Director of Skyral. |
Nick Blair | Chairman | Person | Co-founder and Chairman of Skyral. |
Jérôme Lhoist | Partner | Person | Partner at NOIA Capital. |