Scottish National Investment Bank

The Scottish National Investment Bank (SNIB) has committed a further £20 million to the mid-market rent strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The bank’s follow-on investment will support the development of up to 100 new homes

Forres-headquartered spaceflight company Orbex has closed an update to its Series C funding round, securing a further £16.7 million from a consortium of six major investors. This latest injection of capital brings Orbex's total funds raised to an impressive £102m.

Scottish biopharmaceutical firm EnteroBiotix has raised over £27 million from new and existing investors, positioning it to expand and accelerate its pioneering work in developing microbiome medicines. The £27m financing includes new equity of £6m from the Scottish National Investm

Edinburgh-based biotechnology firm, Calcivis, has secured £5 million in funding to roll out its innovative dental technology. The firm’s patented system enables early detection of tooth decay – which in turn can enable timely preventive treatment – by deploying a biologic dia

A new programme to address the growth barriers faced by impact-oriented businesses has been launched. The Scottish Impact Investor Readiness Programme is being delivered by award-winning Strathclyde Business School, in partnership with the Scottish National Investment Bank (SNIB), and was developed

Pathways Forward has launched its Pledge initiative with leading organisations committing to actionable steps aligned with the principles set out in the Pathways report, with their performance measured over a 12-month period. AccelerateHER, CivTech, CodeBase, Deloitte, Eos Advisory, Scottish EDGE, a

The Scottish National Investment Bank has appointed Gary Page as a new non-executive director of its board. Mr Page has built a portfolio of non-executive roles in the private, public and charitable sectors after a career in the City, in a range of commercial and investment banking jobs. He served o

Aurora Energy Services (Aurora) is set to play a pivotal role in propelling Scotland towards its net zero goals, thanks to a £20 million investment from the Scottish National Investment Bank. The business will use the funding to bolster and expand its network of regional training hubs and work

On-street electric vehicle charging specialist Trojan Energy has secured a £26 million investment to propel its growth plans. The funding comprises £8m from growth capital investor BGF, coupled with an £18m follow-on investment from the Scottish National Investment Bank.

Edinburgh-based cancer therapeutics development specialist Cumulus Oncology has successfully secured a £9 million funding package, including a significant contribution of £6m from the Scottish National Investment Bank. The funds are earmarked to bolster Cumulus's portfolio of companies d

The Hunter Foundation (THF) and the Scottish National Investment Bank (SNIB) have started accepting applications for their ScaleupScotland2.0 programme.

The Scottish National Investment Bank (SNIB) has today announced a £2.6 million investment into cybersecurity expert, Cyacomb. The Edinburgh-based tech company has developed software to detect and block harmful online content that is 100 times faster than any existing search tool.Cyacomb will

Circularity Scotland has accounted for £4.5 million of the Scottish National Investment Bank's £17.8m unrealised loss, according to the bank's latest full year accounts. Just a little over two years since its inception, the bank has significantly influenced the Scottish economy by commit

Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million (£3m) as it continues to expand into international markets. The investment was led by existing investor the Scottish National Investment Bank, joined by

The Scottish National Investment Bank has been confirmed as a key sponsor of this year’s Invest2Scale event in Edinburgh. The bank, along with MarktoMarket and Cazenove Capital, has reaffirmed its support after sponsoring last year’s inaugural Invest2Scale gathering.