Leap Automation, a Scottish producer of intelligent robotic systems for end of line automation for fresh produce, has received a seven-figure cash injection from Alba Equity and Scottish Enterprise. The significant investment will see the Aberdeen business consolidate its lead in the food packi
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Shona Campbell, insolvency partner at business advisory and accountancy firm Henderson Loggie, has been appointed as liquidator of Holoxica, the Scottish-based holographic 3D visualisation company. Global supply chain issues, changes in trading conditions because of Brexit and the pandemic have crea
Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York. Companies covering sectors including data, robotics, health tech, software as a service (SAAS) and clean tech had
St Andrews-based impact investment firm Eos has added to its portfolio and team following a record year of activity in 2022. Investee companies are up to 18, with the latest investment in Edinburgh-headquartered robotic rehabilitation specialist Bioliberty during Q1.
Chemify, a company specialising in digital chemical technologies, today announced the completion of a funding round worth £36 million. The round was led by Triatomic Capital and supported by investors including Horizon Ventures, Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-b
Lochmaben roof tile firm Russell Roof Tiles (RRT) has officially completed its latest £1 million manufacturing upgrade. The business is already the largest independent manufacturer of concrete derivatives for the pitched roofing market.
Archangels invested more than £13.8 million during 2023 in eleven of Scotland’s best early-stage tech and life science companies. The total investment for 2023 among 11 businesses represents a small increase on Archangels’ investment activity in 2022 (£13.4m).
London & Partners, the business agency for the UK capital, has announced the launch of the Grow Global programme in two new regions outside of London – Scotland and the West Midlands. The year-long programme is designed to help scale-up businesses in these regions grow their international
A total of 14 Scottish entrepreneurs are set to embark on a transformative journey to Austin, Texas, from 6-14 March, as part of the SXSW 2024 Startup Cohort Programme. This exciting opportunity is made possible by the Scottish Ecosystem Fund 2023–24, supported by Scottish Enterprise and The S
Modular water technology specialist RSE has opened a new facility in Deephaven, Evanton, located within the Inverness & Cromarty Firth Green Freeport zone. As part of the expansion, RSE has invested £1.2 million in advanced equipment to enhance its production capabilities and support the g
Amazon UK has paid corporation tax for the first time since 2020 after the super-deduction tax break introduced by Rishi Sunak came to an end.
Investing Women Angels (IWA) has announced it will back a series of investment rounds over the next four months that is set to raise more than £4.5 million for four female-founded companies in Scotland. They include Cytochroma, an innovative life sciences company which IWA initially supported
Aberdeenshire steel and metalwork specialist KR Group has reported over £1 million in revenue from energy industry contracts over the last 18 months. To further support this growth, the company has made a significant investment in a pioneering robotic fabrication system, set to be the first of
Specialist manufacturing firm Rovtech, which is owned by Aberdeen-based climate tech venture studio Ventex, has appointed John Polson as it seeks to accelerate the global expansion of nuclear energy and offshore wind. The 30-year-old joins Rovtech from Aratellus, where he was director of projects an
Rovtech is to acquire the VALOR Remotely Operated Vehicle (ROV) business from Seatronics in a deal worth seven figures. The move bolsters Rovtech's standing as a global manufacturer of robotics, tooling, and equipment for harsh environments, including nuclear and subsea operations.