Work has commenced on a £4.5 million development that aims to attract high-profile businesses to the Ravenscraig regeneration site. A ceremony to mark the continuation of construction works was attended by Kate Forbes MSP, the cabinet secretary for finance and the economy; Cllr
Scottish Enterprise
A new medicines manufacturing innovation centre that will solve major pharmaceutical industry challenges and accelerate access to affordable medicines has topped out this week.
Trojan Energy, the clean energy company, has secured a late seed round investment of £2.2 million to roll out its unique, flat-and-flush on-street EV (electric vehicle) charging hubs and develop further commercial applications of its technology. The round was led by Scottish angel investors Eq
The Alcoholic Water Company Ltd has secured a six-figure investment from Scotmid Coop and Scottish Enterprise. Launched in 2019, the company is a collaboration between Craig Strachan and Hannah Fisher, the founders of Glasgow-based innovation facility the Start-Up Drinks Lab and Drew Shannon an
Glasgow-based connectivity start-up R3-IoT is gearing up for international expansion after closing a £3.1 million seed investment round led by US-based venture capital firm Space Capital, joined by the Scottish National Investment Bank. Other investors include the University of Strathclyde, al
Glasgow-based business angel syndicate Gabriel Investments is searching for more investors after switching from university ownership to being led and owned by its members. Established in 2012, the syndicate has been boosted by support from the University of Strathclyde through its start-up incubator
A Scotland-wide programme to support business and community-led tourism enterprises taking the lead in the sector’s COVID-19 recovery was launched yesterday.
Scottish Enterprise has agreed to award Scottish EDGE an additional £75,000 in Round 18 in recognition of the number of promising high-growth businesses identified in previous rounds. The cash injection will enable the funding competition to support a further seven applicants of its Young EDGE
Companies in Scotland looking to benefit from the global e-commerce boom caused by COVID-19 have been urged to register for a unique series of digital events organised by Scottish Enterprise.
Scottish Enterprise has launched its Net Zero Framework for Action that outlines its approach to supporting businesses to achieve a green, fair economic recovery from the impact of Covid-19.
University of Edinburgh start-up REOptimize Systems has completed a £300,000 seed funding round to accelerate the commercialisation of its ground-breaking wind turbine improvement technology. REOptimize has concluded a £300,000 equity seed funding made by a group of investors including I
Scottish Enterprise has announced the appointment of Adrian Gillespie as its new chief executive. Mr Gillespie joins from the University of Strathclyde where, as chief commercial officer, he was Strathclyde’s executive team lead overseeing growth of their extensive industry facing activities a
Edinburgh-based fintech company Aveni has secured an investment of £1.1 million led by the TRICAPITAL Angel syndicate to launch a ground-breaking Artificial Intelligence (AI) platform which is leading the way in a new era for speech analytics in business. Aveni Detect uses the latest advances
BlackArrow Financial Solutions, an international start-up firm that utilises artificial intelligence technology to support its customers in their journey to financial freedom, has announced plans to locate its headquarters in Glasgow. Approximately 45 new software developer and technical support job
Scotland retained its strong position as one of the most active equity investment markets in the UK last year with the number of deals completed reaching record levels, according to a new report from Scottish Enterprise. The report, Investing in Ambition: Scotland’s Risk Capital Market in Cont