Scottish mid-tier accountancy and business advisory firm French Duncan has promoted entrepreneurial services directors Neil Robb and Marc Vosilius to partner, following significant success in this area of the business over the past few years. The two have been with the firm for six and eight years r
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Par Equity, the Edinburgh venture capital firm, capped off a successful year by supporting 12 high growth technology companies in the first quarter of 2022 with record investments of £31.4 million. The investments made over the past year signal an 83% increase on £17.2m in the prev
Storskogen, a Swedish group that acquires and operates well-managed and profitable small and medium-sized companies, has made its first acquisition in Scotland with the purchase of 80% of the shares in J&D Pierce (Contracts) Ltd. The specialist in fabrication and site erection of structural
The Royal Bank of Scotland has announced a package of support for farmers in an effort to help the sector deal with rising costs. The bank, which is owned by NatWest, will offer capital repayment holidays to farmers, as well as increases to overdrafts.
TopHat, a construction company backed by the American investment bank Goldman Sachs, has announced its intention to deliver Europe’s largest modular homes facility in the UK.
abrdn has today announced the launch of a China Next Generation Fund, a small and mid cap (SMID) fund primarily investing in the bottom 30% of the Chinese equity market, both onshore and offshore. China is the world’s second largest equity market and with 88% of China’s companies fa
Twelve young innovative companies have been successful in applying to take part in Michelin Scotland Innovation Parc’s (MSIP) accelerator programme. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is an Innovation Parc in Dundee for sustainable mobility and
Digital Xtra Fund, a Scottish charity backed by both the public and corporate sectors, has awarded 35 grants to drive digital skills initiatives for young people across the country. The 35 grants cover 24 different local authorities, including 23 primary schools, 3 secondary schools, 3 higher educat
Founders of University of Edinburgh-supported start-ups, including many that are seeking growth investment, will be given the opportunity to showcase their companies to an audience of investors, business support groups, and fellow entrepreneurs at two key events taking place next month.
Techscaler has partnered with Reforge to launch its first scaleup programme, with 17 member organisations joining the cohort. Reforge will deliver advanced training to help established companies gain traction and scale, while Techscaler — the Scottish Government’s £42 million
St Andrews-based impact investment firm Eos Advisory has secured a commitment of up to £10 million from British Business Investments, a commercial subsidiary of the British Business Bank. The investment, facilitated through the Regional Angels Programme, will be deployed alongside Eos’s
Leap Automation has been announced as the Scottish champion of KPMG's annual UK Tech Innovator competition, which shines a spotlight on the game changers, difference makers and tech titans of tomorrow. The Aberdeen-based business won for its ground-breaking use of artificial intelligence (AI) and ma
Glasgow-based Simple Online Healthcare, trading as Simple Online Pharmacy in the UK, has increased revenue by 56%t to £24.3 million in the year to 28th February 2023 (2022: £15.6m), while near doubling headcount to 99. During the year, the company expanded operations across the UK, Germa
Sensor specialist startup Neuranics has secured a £1.9 million investment led by Par Equity. GU Holdings Ltd, the investment company for the University of Glasgow, Old College Capital, the University of Edinburgh’s venture investment fund, and London-based Creator Fund, who back scientif
Edinburgh-based venture capital firm Par Equity has launched its new venture fund, Par Equity Ventures I LP, with an initial closure of £67 million, aiming for a full fund size of £100m This new venture fund is poised to stimulate the tech sector in Scotland and the North of the UK, part