Search: raise

Glasgow-based AI chatbot and messaging technology company Konversable has raised £300,000 following a successful funding round. The round attracted investment from a broad range of UK and global high net worth business angels, with support provided by commercial law firm Davidson Chalmers Stew

A tax advisory company has lost a claim raised against a fruit and vegetable wholesaler that engaged its services after a sheriff ruled that a purported £9,600 “cancellation fee” said to be part of the company’s standard terms had not been incorporated into the contract betwe

Property firm Rettie has raised its 2024 house price forecast by a full 1.5 percentage points, doubling its prediction to 3%, with Rettie’s research unit adjusting its forecast due to the recent reduction in the UK interest rate. Dr John Boyle, head of research at Rettie, said: “With the

Concerns have been raised regarding the inquiry into a £1 billion banking fraud case at HBOS, after it was revealed that evidence is still being received in its eighth year. Former high court judge Dame Linda Dobbs, who was appointed in 2017 to investigate Lloyds Banking Group's alleged cover-

A vacant office building in Liverpool's city centre has allegedly attempted tax avoidance by housing a snail farm. Comprising only 15 crates with a mere two snails each, this venture has raised eyebrows among council officials, who suspect it's a ploy to dodge business rates by qualifying under

Accountancy firm Infinity Partnership has raised £6,150 for the Aberdeen Lads Club Community Project through its participation in the Aberdeen Kiltwalk. Simon Cowie, managing partner at the Aberdeen-based firm, and his wife, office manager Tracy Cowie, completed the 18-mile walk from Duthie Pa

A Scottish tech start-up that aims to revolutionise the way construction materials are purchased has raised £1 million from investors.

Funded by over 5,600 public members and businesses who raised £13.2 million in 2022, Kirk Hill Wind Farm in Ayrshire is set to commence operations this month. The eight-turbine site will benefit thousands of people across the UK, who each own a part of the project. Owners will b

Scottish biopharmaceutical firm EnteroBiotix has raised over £27 million from new and existing investors, positioning it to expand and accelerate its pioneering work in developing microbiome medicines. The £27m financing includes new equity of £6m from the Scottish National Investm

Ember has announced that it has raised an £11 million Series A financing round, led by Inven Capital, 2150 and AENU. Existing investors Pale Blue Dot and SkyScanner co-founder Gareth Williams also participated in the oversubscribed round. The company will use the funding to accelerate the roll

Trump supporters have begun crowdfunding $355 million (around £280m) to cover a penalty imposed on the former president by a New York court – and have raised just over $1 million so far. Judge Arthur Engoron ordered Trump to pay the eye-watering $354.8m sum in damages after finding that

Scottish biopharmaceutical firm Aurum Biosciences has successfully raised nearly £730,000 in the initial phase of its latest equity funding for advancing its state-of-the-art therapeutic and diagnostic technology. The funding round – which will be split across two tranches – has be

The Institute of Chartered Accountants of Scotland (ICAS) has raised concerns in response to the Chancellor's announcement proclaiming an immediate cap on the Civil Service headcount. The UK government decided to introduce cap on headcount at its current level will be introduced with immediate effec

Aberdeen-based oil engineering firm Wood Group has raised its full-year revenue and profit forecasts on the back of a series of significant contract wins.

Edinburgh-based life science firm Cytomos has successfully raised £4 million in a recent investment round for the development and market-testing of its Cytomos Dielectric Spectroscopy (CDS) technology. Archangels led this funding initiative with participation from notable investors such as Old