Aberdeen-based biopharmaceutical company Elasmogen has secured an £8 million investment from BGF and the Scottish National Investment Bank, with additional support from existing investor Scottish Enterprise. The multi-million-pound investment will enable Aberdeen-based Elasmogen to continue de
Scottish Enterprise
Biotangents, an Edinburgh biotechnology business, has secured £2.2 million of new funding made up of £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600,000 from a funding round led by Kelvin Capital and Scottish Enterprise. The funding wi
University of Edinburgh startup OGI Bio has secured £1 million of investment to help revolutionise microbial culturing. TRICAPITAL led the investment round alongside Apollo Informal Investment, Old College Capital, the University of Edinburgh’s in-house venture investment fund, Sapphire
London-headquartered KultraLab, a behavioural science and technology company, will open a new hub in Edinburgh after it received more than £2 million investment from Kelvin Capital and Scottish Enterprise in a move that will create up to 25 jobs.
BGF has today completed a £1.6 million investment in Aiber, a Scottish med-tech firm, headquartered in Inverness. This completes a £2m fundraising round, with existing investors Scottish Enterprise and Equity Gap also participating.
Scottish Enterprise has announced a new initiative that it hopes will position Scotland as a global leader in the supply chain and manufacturing for heat pumps and heat networks.
A substantial boost for Scotland’s economy is expected after new figures showed thousands of jobs had been secured through inward investment in the past financial year. Scottish Development International (SDI) statistics revealed that more than 7,500 planned real living wage jobs had been gene
Michelin Scotland Innovation Parc (MSIP) has awarded Skillfluence, an experienced skills training provider, a major contract to continue the delivery of its successful MSIP Accelerator that will lead the charge for Scotland’s sustainable mobility and decarbonisation sectors. MSIP, a joint vent
Hundreds of delegates will gather in Edinburgh as an international event, the World Forum for Foreign Direct Investment (FDI), highlighting Scotland as a world-leading destination for investment and business location begins today.
Scottish Enterprise (SE) and Highlands and Islands Enterprise (HIE) have teamed up to help around 50 Scottish companies calculate the carbon savings of their innovative new products and services – so that they can meet the growing requirement to accurately forecast their environmental impact.
A new fund worth £5 million has been launched by Scottish Enterprise to help develop the emerging CO2 utilisation technology. The CO2 Utilisation Challenge Fund will help businesses and organisations develop and commercialise the technology, which involves harnessing and converting CO2 –
University of Edinburgh spin-out Kynos Therapeutics has secured a £9 million investment package led by Epidarex Capital, joined by IP Group and Scottish Enterprise. Kynos has also been awarded £2.5m through an Innovate UK grant to fund a first-time in human Phase 1 clinical trial of its
AccelerateHER and Scottish Enterprise have teamed up to launch a new online training initiative designed to support the growing number of female business founders in Scotland. Using the Thinkific platform, AccelerateHER will now deliver its series of finance workshops as pre-recorded sessions so tha
A new initiative has been launched to support young entrepreneurs in Scotland who are thinking of setting-up companies with a social or environmental purpose. The Inclusive Business Models Project draws together case studies from a variety of Scottish business leaders who have chosen to divert from
East Kilbride-based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65 million funding round led by investment syndicate Kelvin Capital. The new investment will accelerate the production of units