UNA Watch, an Edinburgh, Scotland, UK-based werable tech startup, £300K in funding.
The round wad led by SFC Capital.
The company intends to use the funds to expand operations and its development efforts.
Founded by Lewis Allison, UNA Watch is developing a new category of sustainable smartwatches, allowing users to repair, replace, and upgrade components instead of discarding entire devices.
The company has appointed two non executive directors (NEDs) to its board to help guide that strategy:
- business operations and marketing expert Robin Knox, founder of Intelligent Point of Sale that was acquired by iZettle, now part of the PayPal group; and
- investment banker Andrew Coull, an investor in sports technology and adviser to early stage companies and VC funds.
With a four-person team, the company is set to launch its first GPS-enabled modular smartwatch via Kickstarter. Already more than 7,000 people have registered interest, with almost 1,000 already putting down deposits.
FinSMEs
10/03/2025