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abrdn has raised £205 million from the launch of its new Commercial Real Estate Debt fund II (CRED II), an evergreen, UK-focused strategy for institutional investors. CRED II is designed to generate attractive levels of income by investing in a diversified portfolio of predominantly senior, in

Edinburgh-based fintech LendingCrowd has closed a funding deal with Barclays, and a large global investment firm to support SMEs across Britain as they recover from the coronavirus pandemic and return to growth. The funding will be delivered via the British Business Bank’s Recovery Loan Scheme

St Andrews-based Pneumagen, a clinical-stage biotech company, has raised £3.8 million to advance clinical development and manufacturing of its lead product Neumifil. The financing round was co-led by existing investors, Thairm Bio and Scottish Enterprise.

Game4Padel, the Edinburgh-based padel business backed by tennis star Andy Murray, has been valued at £18 million in its latest investment round, during which the company raised £3m from retail and institutional investors. The company’s fourth successful fundraising round in less th

Scottish fintech Guiide has raised further investment as it looks to help provide more help to individuals to achieve better retirement outcomes. The new funding will help support free retirement guidance tool Guiide to develop new features on its existing consumer platform. These include greater in

Willo, a Glasgow-based tech start-up that allows users to easily interview people on video at scale, has raised a £250,000 seed round from Guernsey-based 1818 Venture Capital and board members. The funding will allow the firm, which has grown at least 80% each month since April, to grow the co

Scottish thermal storage company Sunamp has raised £4.5 million in a Series A financing round led by Chilean venture capital firm Aurus Capital. Aurus Capital is one of the largest in Latin America with a specialisation in Industrial-Tech & Impact investments. The Scottish Investment Bank

Edinburgh-based Modulr, the digital alternative to commercial and wholesale transaction banking, has secured £18.9 million in growth capital to further develop its platform and expand into new products and markets. The funding round was led by Highland Europe, a European Growth Capital fi

Scottish fintech Giftround is changing the fee structure of its group gifting collection service to help those in most need during the coronavirus outbreak. From today, GiftRound will be adding a small fee of £1 to every contribution made into a group gifting collection. And every £

Today, Curve broke through its crowdfunding target and created a new record on Crowdcube by beating its £1,000,000 target in four minutes.

More than £5 million (£1 million in Scotland) has been raised by a HM Revenue and Customs (HMRC) taskforce tackling dishonest dog breeders selling pups on the UK black market. HMRC set up the taskforce in October 2015 after discussions with animal welfare groups suggested tens of thousan

Glasgow-based Clydesdale Bank and Edinburgh-based Hampden & Co have been named among eleven banks that are to receive a share of the £275 million incentivised switching scheme for SME customers established under the terms of Royal Bank of Scotland (RBS) bail out agreement. Banking Competit

Industry trade body the Scottish Building Federation has voiced concerns about the future outlook for the Scottish construction industry as latest figures show employment in the sector fell by 5,000 in the third quarter of the year and output has dropped by £1.5 billion year-on-year.

Paul Christensen Previse, the fintech firm founded in Glasgow in 2016 which counts Scottish Enterprise among its financial backers, has raised US$7 million (£5.5 million) in a Series A funding round to be used to help scale Previse’s payment technology business to meet demand with a number of sta

Aberdeen Asset Management has successfully closed on £120 million for its latest Asia Pacific property investment fund.