Aberdeen-based gas flow management company GM Flow has secured a six-figure investment package from the Scottish Investment Bank (SIB), the investment arm of Scottish Enterprise, Alba Equity and Eos Advisory. The investment, which has been secured from SIB, Aberdeen-based Alba Equity and St And
Scottish National Investment Bank
Pheno Therapeutics, a new drug-discovery spin-out from the University of Edinburgh, has been launched with the backing of Series A funding totalling £5 million from Advent Life Sciences, the Scottish Investment Bank and LifeArc. With the £5m funding spanning over its first three years, P
Anderson Anderson & Brown LLP (AAB) has secured a six-figure investment for Aqualife Services Limited. The funding will be used to help facilitate the company's growth.
Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament. The new institution will direct investments that deliver economic, environmental and social returns, and help Scotland’s journey towards net-zero carbon emissions. It will aim t
Friends of the Earth (FoE) Scotland has called for the Scottish National Investment Bank to be set up with minimum ethical standards to prevent its investment in “damaging” projects. The organisation has made the call as MSPs prepare to vote on legislation which will grant the necessary
Edinburgh-based Ingenious Audio has secured a six-figure funding package from Kelvin Capital, The Scottish Investment Bank and e2c to commercialise its patented Wi-Fi Audio technology known as “Fi-Live”.
The Scottish Government’s Building Scotland Fund (BSF) has topped £100 million of financial support for housing, regeneration and industrial and commercial developments throughout the country. (from left) Tim Griffin, Michael Laird Associates; Cameron Cook, Amber Infrastructure; Derek Ma
Edinburgh-based biotech start-up MiAlgae has secured an investment of £1 million from Hillhouse Capital, Equity Gap, Scottish Investment Bank and Old College Capital. Hillhouse Group is the newest organisation to join the group of investors.
Edinburgh-based Current Health has closed a £9 million ($11.5m) Series A funding round led by MMC Ventures and Legal & General. Par Equity and the Scottish Investment Bank, the investment arm of Scottish Enterprise also participated in this funding round.
Edinburgh-based Cyan Forensics has secured £1.3 million in funding from Triple Point Investment Management, Mercia, SIS Ventures, the Scottish Investment Bank and private investors. Cyan Forensics' digital analysis tool can find terrorist handbooks or child sexual abuse material on devices wit
The Scottish Investment Bank (SIB) has invested in Edinburgh-based IoTech as part of its $7.5 million Series A funding round. The funding round will help accelerate product delivery and build its global sales & marketing team.
Willie Watt has been appointed as the first chair of the board of the Scottish National Investment Bank. Willie Watt was CEO of Martin Currie, an international public equities investment firm based in Edinburgh, between 2001 and February of 2019, and will step down as chairman of the firm in Decembe
Dundee-based Snappy Shopper has received a seven-figure funding boost with investment from Kelvin Capital, Mercia, the Scottish Investment Bank and the management team. Snappy Shopper is a tech firm with an online platform which helps convenience stores and small corner shops to monopolise on t
Edinburgh-based technology company PureLifi has successfully raised $18 million to enable it to launch its technology to mass-market mobile devices and lighting manufacturers. Funding was provided by the Scottish Investment Bank and Temasek, an investment company headquartered in Singapore.
Tayport-based food processing equipment manager Foodmek has obtained a £500,000 loan from Scottish Loan Scheme (SLS) to help activate its growth plan. The company has said that it aims to use the loan from the SLS, which is administered by the Scottish Investment Bank, the investment