Scottish Enterprise

A funding round for Edinburgh-based Sofant Technologies has been joined by international holding company NetScientific plc, taking the total joint investment round to £4.2 million. The round is being led by NetScientific subsidary EMV Capital Ltd alongside Scottish Enterprise, Kelvin Capital L

Edinburgh-based healthtech company Hearing Diagnostics has completed a £1.1 million funding round and is now eyeing commercialisation in the domestic and US markets. Led by angel investment syndicate Archangels, the funding will unlock the spatial hearing screening technology’s market po

Global corporation Marubeni Europower Limited has advanced its net zero collaboration in Scotland following the opening of its first office in Glasgow. The investment in new premises will allow the company to drive forward its work to support Scotland’s journey to net zero and follows a Memora

A new Green Heat Innovation Support Programme worth up to £17.6 million is being launched for companies across Scotland covering industries from manufacturing to technology innovators and the heating supply chain. The new programme has been developed by Scottish Enterprise in conjunction with

Par Equity has led a £6.9 million investment round for StretchSense after it expanded its European headquarters in Edinburgh, launching a centre of excellence in AI and spatial computing. The New Zealand tech firm is a specialist in high-precision motion capture technology for the gaming and a

Leap Automation, a Scottish producer of intelligent robotic systems for end of line automation for fresh produce, has received a seven-figure cash injection from Alba Equity and Scottish Enterprise. The significant investment will see the Aberdeen business consolidate its lead in the food packi

Global Surface Intelligence (GSI), the Edinburgh-based geospatial company, has agreed a seven-figure investment package from Alter Technology TUV Nord Group (TUVN) for a minority stake in the business. As a result TUVN will take a seat on the board and also have a board observer. Both Par Equity and

A state-of-the-art £36 million superfactory will secure the Scottish future of a company crucial to the whisky industry, thanks to £3.3 million in funding. The huge investment includes a £3.3m grant from Scottish Enterprise and will see Guala Closures Ltd continue their operat

Glasgow-based managed services provider and business telecoms company KubeNet has grown substantially after moving to larger premises and is celebrating new contract wins with clients across the UK and globally following support from Scottish Enterprise. The new office at Academy Business Park, Glas

Strategies to attract foreign investment and open up international trade for Scottish companies have reported successful results. Business minister Ivan McKee told the Scottish Parliament that the export growth strategy, A Trading Nation, has delivered an additional £3 billion of planned inter

The benefit of international trade to Scotland’s economy has been underscored after new figures from Scottish Development International (SDI) revealed exporters will provide a significant boost to the nation’s finances.

Twelve young innovative companies have been successful in applying to take part in Michelin Scotland Innovation Parc’s (MSIP) accelerator programme. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is an Innovation Parc in Dundee for sustainable mobility and

Scottish Enterprise has revealed that 2021/22 continued to be a record year for its early-stage investment activities. The enterprise agency, which has been investing in early-stage businesses since 2003, alongside local, national, and international private sector investors, recorded investment of &

Edinburgh-based biotechnology start-up, MiAlgae, has secured further investment of £2.3m to help drive the next stage of its growth journey. Established in 2016, MiAlgae has created a solution to producing a sustainable source of Omega-3 for animal and human consumption – something which

The University of Edinburgh has awarded a total of £500,000 to five student and graduate start-ups. The newly founded businesses are celebrating after securing almost half a million pounds in grant funding awards between them. The five young companies, all supported by the University’s c