Scottish National Investment Bank

Scotland has secured over £850 million in investment over the past four months, driven by strong interest in its burgeoning energy transition sector. The total is boosted today by the Scottish National Investment Bank’s (SNIB) announcement of £6.7m for Subsea Micropiles, which is d

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