Orbital Express Launch Limited announced that it has received £40.4 million in a round of funding led by new investor Scottish National Investment Bank plc on October 18, 2022. The transaction included participation from new investor Jacobs Solutions Inc,, Verve Capital Partners AG and returning investor BGF Investment Management Ltd., Heartcore Capital A/S, High-Tech GrÜNderfonds Management Gmbh, Octopus Ventures Ltd. and individual investors Phillip and James Chambers