Italian-owned company Eurostampa has unveiled expansion plans in Scotland, buoyed by a £2.5 million grant from Scottish Enterprise. The company, which manufactures premium labels for the food and beverage industry, intends to nearly double its factory space in Cumbernauld, Scotland, creating 9
Scottish Enterprise
Cullen Eco-Friendly Packaging Ltd has secured a £475,000 grant from Scottish Enterprise to enable the firm to extend its Glasgow premises to bring in new machinery to make them even more energy efficient and sustainable. The company takes the offcuts from the cardboard boxes it produces for su
Equity investment for Scottish businesses has hit an all-time high of £953 million in 2022, up by 26% from £754m the previous year, according to a report from Scottish Enterprise. This solid growth rate outperformed many other UK regions, with Scotland's investment market coming second o
A report, sponsored by Scottish Enterprise and conducted by Deep Knowledge Analytics, has forecast blockchain technology contributing £4.48 billion to Scotland's GDP by 2030. The study, Blockchain Industry in Scotland Landscape Overview: Companies, Investors, Influencers and Trends, is the fir
Scottish coffee roaster Matthew Algie has secured a multi-million-pound investment at its Glasgow production headquarters, to enhance production capabilities while aiming to be net-zero by 2035. This financial injection, supported by Scotland's national economic development agency, Scottish Enterpri
Compack Cartons' latest packaging facility in Livingston was today inaugurated by the cabinet secretary for wellbeing economy, fair work and energy, Neil Gray, following a £13.5 million investment by Port Glasgow-based McLaren Packaging. Compack, which was acquired by McLaren Packaging in
Scottish healthtech firm IbisVision has raised £4.5 million in growth funding to expand its remote eye test platform into the US and EU markets. The company plans to use the funding to double its workforce and open an office in Fort Lauderdale, Florida. IbisVision anticipates a surge in US sal
Glasgow-headquartered Maven Capital Partners has invested an additional £1.25 million in global carpool and on-demand transport tech provider Liftango.
Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York. Companies covering sectors including data, robotics, health tech, software as a service (SAAS) and clean tech had
A Scottish agritech firm specialising in the next generation of green insecticides has secured a further round of investment totalling £4 million to scale up the development of its nature-inspired pesticides. Investment in SOLASTA Bio's pre-Series A funding round was led by Yield Lab Europe. O
WhiteHaul, a technology firm from the University of Edinburgh, has been awarded £275,000 in funding from Scottish Enterprise to help bring high speed broadband to rural locations. The firm has developed a platform that will enable Internet Service Providers (ISPs) to provide users with gigabit
ETZ Ltd, the not-for-profit company tasked with spearheading North East Scotland’s energy transition ambition, has secured £1.25 million from BP and £2m support from Scottish Enterprise to begin construction of Scotland’s first energy incubator and scale up hub (EISH). The re
InvestFife has welcomed CuanTec Ltd, a Scottish biotech firm, as it establishes premises in Glenrothes. The company, which owns its motto “Using waste to eliminate waste naturally", has the aim of reducing carbon emissions, plastic pollution, and food waste, whilst contributing to the circular
The appearance of Mark Logan, Scotland’s chief entrepreneur, at the AccelerateHER Awards 2023 finals later this month has been confirmed. The former Skyscanner executive will host a fireside chat at the event which takes place on 16 March at the new Barclays campus in Glasgow.
Science and technology company Merck has created 15 new positions its Livingston facility as part of a £2.6 million investment. The investment is a result of a request made to Merck’s Livingston facility to tender for the design, development and commercialisation of a novel diagnost