A Scottish company has secured investor backing worth £1.3 million for its unique recycled plastic construction blocks. QUICKBLOCK’S construction blocks are shipped flat packed on pallets for rapid assembly in the defence, security, humanitarian aid and commercial markets.
Scottish Enterprise
Glasgow-based technology company Kingdom Technologies has secured £1.4 million in its latest round of funding to fuel the expansion of its innovative fleet of robotic lawn mowers.
Edinburgh-based green energy integrators, Logan Energy, has successfully secured a substantial £5 million investment to advance its systems-led approach within the burgeoning hydrogen power sector. Logan Energy, with manufacturing facilities in Wallyford and development facilities at Heriot-Wa
A funding package has been agreed to secure an estimated £350 million in inward investment for a major energy industry expansion in the Highlands. Sumitomo Electric UK Power Cables Ltd (SEUK), a subsidiary of Japanese company Sumitomo Electric Industries Ltd (SEI) is planning to establish
Watt Laser has completed a £433,000 project to expand its business within the Clyde Gateway Tradepark in Glasgow, with £128,000 grant support from Scottish Enterprise.
Ava Innes, an Elgin-based luxury bedding company, is celebrating the successful completion of its first investment round, with significant contributions from Kelvin Capital and Scottish Enterprise. The injection of capital represents a pivotal moment for the company as it strives to redefine the sta
Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market an
Scottish biopharmaceutical firm Aurum Biosciences has successfully raised nearly £730,000 in the initial phase of its latest equity funding for advancing its state-of-the-art therapeutic and diagnostic technology. The funding round – which will be split across two tranches – has be
The British Business Bank has made its first major deal from the £150 million Investment Fund for Scotland, with a £750,000 equity investment, through appointed fund managers Maven Capital Partners into medical technology business Carcinotech. Edinburgh-based Carcinotech has raised &poun
London & Partners, the business agency for the UK capital, has announced the launch of the Grow Global programme in two new regions outside of London – Scotland and the West Midlands. The year-long programme is designed to help scale-up businesses in these regions grow their international
A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of operating on less than 30% of the aviation fuel used by a helicopter. Flowcopter designs and manufactures Unmanned Aerial
Scottish Enterprise has unveiled its future focus to help unlock thousands of new jobs and billions of pounds of global growth opportunities to deliver a more successful, greener and fairer economy.
Piramal Pharma Solutions (PPS), a contract development and manufacturing organization (CDMO) and part of Piramal Pharma Ltd. (PPL), inaugurated its expanded antibody-drug conjugate (ADC) manufacturing facility in Grangemouth. The event saw notable attendees like Adrian Gillespie, chief executive of
Scottish Enterprise has written off nearly £30 million in failed investments and recorded £106m from company sales in its most recent financial year. The agency, which provides loans, grants, and investments to businesses, recorded a total write-off of £29.9m from 111 companies for
The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise. This investment, announced by the Scottish Government’s Cabinet Secretary