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23 July 2015

Shot Scope hits hole in one with OCC

Edinburgh’s venture capital arm Old College Capital among backers for golf technology startup Shot Scope’s £415,000 round.

Author: Gregg Bayes-Brown, editor

Shot Scope, a golf gadget developer, has secured £415,000 ($648,500) in a round backed by Old College Capital (OCC), the university venturing fund of Edinburgh University.

OCC, which recently revitalised itself with £6m, was joined by state-backed Scottish Investment Bank and angel syndicate Equity Gap, which led the round.

Set up in 2013, the firm also recently secured £50,000 from Scottish Edge, an entrepreneurship support organisation established by the Scottish Government, Royal Bank of Scotland, and entrepreneur Sir Tom Hunter.

David Hunter, founder of Shot Scope, said: “Golfers have always been obsessed with tracking performance and it is amazing that in 2015 so many golfers, even professionals, rely on data collected with paper and pen. Shot Scope changes that by automatically collecting over 50 performance indicators, allowing you to identify your most crucial areas for improvement. For the first time it will give amateur golfers access to the kind of game changing information that professionals can only collect with a team of helpers.”

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