Precision Tooling & Castings Ltd has secured £4.47m of funding from Barclays for a management buyout (MBO) with aspirations to grow the business and implement new technologies. The deal, which combines invoice and asset finance and term and property loans, has allowed current group operati
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Digital enablement specialist AND Digital has announced its first Scottish office in Edinburgh thanks to an £11 million equity investment from BGF. AND Digital will utilise the investment from BGF to support the company's continued growth and global expansion.
Oil services companies can no longer delay making a choice about their future direction, according to a new report from PwC Strategy&. The options for oil services firms are to stick with their hydrocarbon heritage; becoming ultra-efficient and digitally enabled or pivot towards low carbon growt
The University of Edinburgh’s Bayes Centre has selected 32 high-growth companies for this year’s EIE21. Scotland’s premier tech investor conference will see company founders pitch for investment from seed level to over £2 million. EIE, which is run by the Bayes Centre in part
EIE21, Scotland’s premier tech investor conference which will see company founders pitch for investment from seed level to over £2 million on June 10, has confirmed its sponsors for this year with the Royal Bank of Scotland and chartered accountancy firm Chiene + Tait supporting the even
Audit, tax and consulting firm RSM has promoted Victoria Kirkhope to partner within its internal people team and appointed two new partners, Grant Morrison and Paul O’Leary to strengthen the audit and technology risk assurance teams, respectively. Glasgow-based Ms Kirkhope is RSM’s head
UK government ministers met Scottish fintech entrepreneurs yesterday at an event recognising the global impact of Scotland's growing fintech sector.
The University of Edinburgh’s AI Accelerator is opening its doors once again to find 12 data-driven AI scale-ups looking to change the world. The programme is designed to accelerate the best AI start-ups in the UK, Europe and beyond to scale globally within a short timeframe and aims to attrac
University of Edinburgh students and recent graduates have launched 100 start-up companies in a single year for the first time. The total of exactly 100 companies launched in 2020-21 is higher than any institution in the Russell Group of 24 leading UK universities has previously recorded.
Scottish mechanical and electrical engineering consultant XBuro UK has opened an Edinburgh office to develop its East Coast projects and client base. Leading the company’s Edinburgh expansion will be Niall Ryan who has joined the company as a director after more than a decade with WGM Consulti
Cytochroma, a life sciences company that provides ethical, sustainable and accurate alternatives to animal testing in drug discovery and development, has secured nearly £1 million to further commercialise its business. This follows a successful investment round led by Angel Academe alongside f
The Scottish Inward Investment Catalyst fund has awarded £60,000 to strengthen ties between overseas businesses and universities in Scotland. The fund, launched by Interface and Scottish Government in December, supports Scotland’s ambition to be a leading destination for inward investmen
Wave power specialists Mocean Energy have secured a major new investment to accelerate the commercial roll-out of their ground-breaking wave energy technology. The Edinburgh firm has raised £730,000 equity funding from existing funders, led by angel syndicate Equity Gap, together with Old Coll
The EIE Investor Readiness Programme, delivered by the Bayes Centre at the University of Edinburgh, has announced a list of 36 high growth tech businesses selected for EIE22. EIE, which is supported by the Scottish Government, culminates at the EIE Showcase Conference on Thursday 6th October, where
Martin Ewan discusses the oil price boom and the potential consequences for the north east of Scotland.