Reactec

Edinburgh-based risk prevention specialist Reactec has announced its busiest year on record – with a 40.9% increase in annual turnover to £5.58 million. The company’s accounts for the year ended 31 December 2023 showed a gross profit of nearly £3.8m and an operating loss

Edinburgh-based Reactec, a tech firm which recently launched a social distancing monitoring device, has completed a £700,000 funding round led by Archangels.  The money raised will be used for the ongoing development of its personal monitoring equipment and reporting technology.

A round-up of business news from across Scotland featuring: Royal Dornock Golf Club's delayed construction plans, Reactec's new social distancing solution, an East Neuk fisherman's new business launch, WL Gore's staffing success, Wemyss Properties' new Glasgow flats approval and Good-

Tom Brock, head of the emerging technology unit at Clydesdale Bank A leading Edinburgh technology firm is targeting further growth following agreement on a new £900,000 funding package from Clydesdale Bank.