Kelvin Capital has led a £2m funding round for biotech business ProFactor Pharma to accelerate its work in developing a treatment for Haemophilia A. Kelvin Capital led the funding round, supported by Ingenza Ltd and the Scottish Investment Bank, the investment arm of Scottish Enterprise.
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Steven Brown Scottish law firm Harper Macleod has concluded one of its biggest deals to date in the marine sector – on the other side of the world.
Jamie Graves of ZoneFox and Niki McKenzie of Archangels Edinburgh-based cyber-security software specialist ZoneFox, has today closed a £3.6 million Series A funding round led by Scottish business angel investment syndicate, Archangels, with co-investment from The Scottish Investment Bank, and TriCa
Scottish Enterprise has revealed that its investment arm, the Scottish Investment Bank (SIB), invested £66.5 million into 155 Scottish companies during 2014/15, leveraging a record private sector investment of £99 million. SIBs investment has more than doubled the amount invested during the previo
Scotland’s shopkeepers found little cause for celebration this festive season, as trading figures revealed a stagnation in sales during the crucial Christmas period.
Scottish law firm Anderson Strathern's corporate investment team has reported a record first quarter in 2023, with a 58.8% increase in client investments compared to the same period in 2022. The number of deals completed more than tripled, partly due to increased instructions from existing and new c
Kirsten Lord CEO PhysioWizard PhysioMedics, the Scottish early stage company that has developed a revolutionary online self-assessment platform for muscle and joint pain sufferers, has raised a total of £1 million of funding from Edinburgh-based business angel syndicate, Archangels, with support fr
More than 20 of Scotland’s largest businesses, representing tens of thousands of staff, have pledged to reduce the stigma surrounding mental health in the workplace through a groundbreaking initiative which has been welcomed by the Scottish Government.
Bio-based construction materials manufacturer Industrial Nature Ltd has secured a follow-on investment of £2 million from the Scottish National Investment Bank. The £2m investment comes after the Edinburgh-based firm successfully established the IndiNature Mill in the Scottish Borders an
David Costley-Wood, the former head of KPMG Manchester restructuring, "advanced an untruthful defence" at a disciplinary hearing into KPMG's misconduct in the sale of Silentnight, according to the Financial Reporting Council's (FRC) Independent Disciplinary Tribunal. Last month, KPMG was fined
Britain’s high street banks have closed more than 1,000 branches across the UK in the past two years with nearly 100 axed in Scotland, according to new figures.
David Menzies Directors, shareholders and others connected with an insolvent company can now have their proposed pre-pack acquisition of the insolvent business reviewed by an independent pool of experts in a move to improve trust and transparency in UK business rescue.
The Saltire Foundation, the charitable arm of Entrepreneurial Scotland dedicated to putting Scottish business on the world stage, has launched its sixth and largest yet Saltire Fellows programme. The Saltire Fellowship is specifically designed to equip Scots, and non-Scots wishing to relocate to Sco
Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Serv
The Financial Reporting Council (FRC) has reported a record £46.5 million in financial sanctions issued in the last year. The FRC published its fourth Annual Enforcement Review which reports a record number of cases resolved in the last year and record financial sanctions of £46.5m were

