WITH this year’s Open in St Andrews entering its final stages, entrepreneur David Hunter has secured a £415,000 cash injection to launch his gadget that aims to help golfers keep track of their game.
He will use the funding to start production of his Shot Scope device ahead of its official unveiling in January at the golf industry’s annual gathering, the PGA Merchandise Show in Orlando, Florida.
Business angel syndicate Equity Gap led the deal, which also brought in backing from the Scottish Investment Bank and Old College Capital, the University of Edinburgh’s in-house venture capital fund.
Hunter last month won £50,000 in funding at the Scottish Edge after impressing judges with his smartwatch-style gadget. He 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.”