Skyral Secures £15m Funding to Boost Simulation Tech
Deal News | Jun 06, 2025 | Business Cloud
Skyral, a technology firm founded by Nick Blair, the son of former UK Prime Minister Tony Blair, has raised £15 million in Series A funding. The round was led by NOIA Capital, a European venture capital firm, and will be used to accelerate Skyral's modelling and simulation technology. The company specializes in creating digital twins for defense, national security, healthcare, and infrastructure sectors globally. With over 60% of its contracts coming from both the public and private sectors, Skyral has established partnerships with the UK, US, and NATO. Skyral's technology assists in decision-making and strategic planning by modelling human behavior and infrastructure systems. The company plans to use the new capital to expand its team, accelerate product development, and strengthen its market presence in Europe, North America, and Asia.
Sectors
- Technology
- Defense
- Healthcare
- Infrastructure
- Venture Capital
Geography
- United Kingdom – Skyral is a UK-based company, and its technology has been used by the UK government.
- Europe – The investment round was led by a European venture capital firm, NOIA Capital.
- North America – Skyral has plans to strengthen its presence in North America.
- Asia – Skyral intends to expand its market presence in Asia.
Industry
- Technology – The article discusses Skyral, a tech firm specializing in advanced modelling and simulation technology.
- Defense – Skyral works with the British Army and NATO, indicating its involvement in the defense industry.
- Healthcare – Skyral's technology is applied to large-scale public health challenges, impacting the healthcare industry.
- Infrastructure – Skyral models infrastructure systems and networks, making it relevant to the infrastructure sector.
- Venture Capital – The article involves NOIA Capital, a venture capital firm that led the Series A round investment.
Financials
- £15 million – The amount raised by Skyral in Series A funding led by NOIA Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Skyral | Target company | Company | A tech firm specializing in advanced modelling and simulation technology, co-founded by Nick Blair. |
| NOIA Capital | Investor | Company | A European venture capital firm leading the £15m Series A funding round. |
| Tony Blair | Founder | Person | Former Prime Minister of the UK and father of Skyral co-founder Nick Blair. |
| Nick Blair | Co-founder and Chair | Person | Co-founder and chair of Skyral, son of former UK Prime Minister Tony Blair. |
| Jason Kennedy | Co-founder and Executive Director | Person | Co-founder and executive director at Skyral. |
| Naomi Hulme | Co-founder and Executive Director | Person | Co-founder and executive director at Skyral. |
| British Army | Client | Government | Skyral has worked with the British Army on the Collective Training Transformation Programme. |
| Omnia Training consortium | Collaborator | Other | Consortium that includes Skyral and other companies like Raytheon and Capita for collective training. |