Scottish National Investment Bank

Real-estate data analytics platform Utopi has received a £5 million investment from The Scottish National Investment Bank. The investment will create 50 new jobs at the Glasgow-based company, which specialises in energy consumption monitoring technology, and will use The Bank’s support t

The launch of the Scaling Up Summit, taking place later this month in Edinburgh, has been announced as part of a partnership between The Scottish National Investment Bank, The Times and The Sunday Times.

Digital health company PneumoWave has announced the closing of a £7.5 million Series A financing. The funding for the Eurocentral-headquartered company will be used to continue clinical trials of its biosensor technology that monitors potential fatal respiratory changes.

Bio-based construction materials manufacturer Industrial Nature Ltd has secured a follow-on investment of £2 million from the Scottish National Investment Bank. The £2m investment comes after the Edinburgh-based firm successfully established the IndiNature Mill in the Scottish Borders an

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan.

Charities and third sector organisations working with some of the most vulnerable people in the community, can now access a multi-million-pound fund backed by the Scottish National Investment Bank (SNIB). Social and Sustainable Capital (SASC) provide finance for improving lives by backing organisati

Environmentally friendly space rocket manufacturer and satellite launch provider Orbex is preparing to expand its operations after it received a £17.8 million investment from the Scottish National Investment Bank. The scale-up support, which is part of an overall £40m Series C funding ro

Eilidh Mactaggart, the former chief executive of Scotland's state-backed investment bank, The Scottish National Investment Bank (SNIB), was paid more than twice as much as First Minister Nicola Sturgeon. The SNIB's first year results have revealed that Ms MacTaggart received almost £350,000, d

Invest2Scale has announced key sponsors which will be supporting next month’s inaugural event where revenue-generating, scalable Scottish companies will be showcased. The list of sponsors includes MarktoMarket, British Business Bank, The Scottish National Investment Bank, Cazenove Capital, and

A derelict brownfield site in the west of Edinburgh is to be transformed into a multi-purpose country park and leisure facility with £26 million backing from the Scottish National Investment Bank (SNIB) The Wavegarden Scotland redevelopment of the disused Craigpark Quarry near Ratho will see t

Scottish wireless communications tech company, pureLiFI, has received £10 million in funding from the Scottish National Investment Bank. The following the funding, the Edinburgh based firm is planning a global roll out of their technology, which uses light to transmit data rather than conventi

Scottish renewable energy company, Orbital, reached a significant operational funding milestone with financing from the Scottish National Investment Bank (SNIB).

The Scottish Government will provide capital investment of £581 million to support the economy over the next four years through its enterprise agencies and the Scottish National Investment Bank (SNIB). In the Resource Spending Review published yesterday and covering the period from 2023/24 to

The Scottish National Investment Bank (SNIB) has spent £1750,000 in recruitment fees after it hired London-based Spencer Stuart to help it find a new chief executive after Eilidh Mactaggart resigned earlier this year. Scottish Financial News reported in February that Ms Mactagagrt resigned, wh

The Scottish National Investment Bank (SNIB) has underperformed because it is too "unfocused" and the Scottish government should "hit the reset button", a report published by a centre-right think tank has said. A new report produced for Reform Scotland by Professor Ross Brown, professor in entrepren