Scottish National Investment Bank

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

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