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
Scottish National Investment Bank
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.
Edinburgh-based enterprise training platform Administrate has secured a £5 million investment round from current backers Archangels, Mercia, and the Scottish National Investment Bank, with Hambro Perks joining the round as a fresh capital partner. The funding will fuel Administrate's rapid exp
The chair of the Scottish National Investment Bank (SNIB), Willie Watt, has been reappointed another four-year term. With a career that spans over three decades, Mr Watt's comprehensive investing and leadership skills have been a tremendous asset to the bank.
Mark Munro has been appointed to the new role of chief investment officer (CIO) at the Scottish National Investment Bank. With more than 20 years of corporate and investment banking experience in Scotland, the UK and internationally, Mr Munro joined the bank in early August 2021 as executive directo