Scottish National Investment Bank

Pulpex Limited, a sustainable packaging technology company, has today announced a £62 million Series D investment round led by the National Wealth Fund (NWF) and the Scottish National Investment Bank.

The Scottish National Investment Bank (SNIB) risks falling short of its £2 billion investment target by 2030 by up to £400 million, following a reduction in government funding this year. Established in 2020, the state-backed bank aims to support projects in net zero, communities, and inn

Subsea cable manufacturer XLCC is to develop a manufacturing facility, with around 900 jobs, in North Ayrshire thanks to a new £20 million investment by the Scottish National Investment Bank. XLCC’s High-Voltage Direct Current (HVDC) cable will efficiently transport electricity over long

The Scottish National Investment Bank has made a £730,000 investment in DITT Construction Ltd to support the construction of six high-quality, one-bedroom homes in Lerwick. The homes are being designed for key workers and young professionals who can often struggle to find affordable housing. O

A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.

The Scottish National Investment Bank has invested £20 million in ZeroAvia, a developer and manufacturer of zero-emission engines for commercial aviation. The funding completes the company’s Series C financing, reaching $150m (c. £115m), and will bolster the burgeoning aerospace su

The Scottish National Investment Bank has posted a £14.6 million pre-tax loss while committing £224.6m to 20 companies in its third year. The 2023/24 investment enabled a further £400m in additional investment alongside the bank.

The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.

Stirling-based nanomaterial producer iGii has secured £8.8 million in new funding to accelerate growth. The funding round was led by a £4m injection from the Scottish National Investment Bank, with a further £4.8m coming from existing iGii shareholders Archangel Investors and Par E

The growth plans of Scotland’s only private electric vehicle charge point operator FOR EV have been boosted by a £10 million follow-on investment by the Scottish National Investment Bank. The cash injection follows an initial investment of £2m by the bank in 2021, followed by &poun

The Scottish National Investment Bank (SNIB) has been faced with a significant budget reduction, potentially limiting its investment capacity and ambitions to become self-sustaining. Holyrood has allocated £181 million to SNIB in its latest budget for the bank to use between April 2024 an

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