British modelling and simulation software company Skyral today announced that it has raised £15m in a Series A funding round led by European venture capital firm NOIA Capital.
Led jointly by Co-founders and Executive Directors Jason Kennedy and Naomi Hulme, Skyral has quickly established itself as an international leader in advanced modelling and simulation technology.
The firm creates strategic digital twins that model human behaviours alongside real-time and projected infrastructure systems such as transit, power, and telecommunications networks of entire cities and countries.
With over £75m already invested in R&D, Skyral's software-driven approach and cross-sector partnerships have led to rapid market adoption across defence, national security, healthcare, and infrastructure sectors globally.
The company has built a strong track record working with the UK, US, and NATO partners while successfully diversifying its services, with over 60 percent of contracts now coming from both the public and private sectors.
Skyral's mission is to help governments and businesses face unprecedented challenges by experimenting in the virtual world before making critical decisions in the real one.
The impact of Skyral’s technology has been far-reaching. It helped shape the requirements for the Collective Training Transformation Programme (CTTP) during a pathfinder with the British Army and has now been downselected as part of the Omnia Training consortium alongside Raytheon, Rheinmetall, Capita, and Cervus, paving the way for the next generation of collective training.
Skyral’s digital twins have been deployed to tackle complex public health challenges such as modelling the impact of COVID scenarios for the UK government during the pandemic, identifying clinical and policy pathways to reduce child stunting in Indonesia over 50 times faster than conventional methods, and large-scale infrastructure programmes.
This funding round follows Skyral's rapid growth since its founding two years ago. Skyral intends to use the new capital to expand its team, accelerate product development, and strengthen its position in key markets across Europe, North America, and Asia.
