Edinburgh-based venture capital (VC) firm Par Equity has attained B Corp certification, further solidifying its commitment to sustainable and socially responsible business practices. The certification, often seen as the gold standard for social and environmental performance, marks the company as a l
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Equity investment for Scottish businesses has hit an all-time high of £953 million in 2022, up by 26% from £754m the previous year, according to a report from Scottish Enterprise. This solid growth rate outperformed many other UK regions, with Scotland's investment market coming second o
Avant Homes Scotland, a Stirling-based housebuilder, has put forward plans for the construction of 342 new homes at Blindwells in East Lothian, carrying a gross development value of £91.6 million. The planning application follows Avant Homes’ agreement to acquire a 20-acre site at Blindw
Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute
The Scottish Building Society has reaffirmed its commitment to Scotland's high streets by unveiling its revamped Galashiels relationship centre on Bank Street, part of a nationwide investment in its physical branches. CEO Paul Denton joined staff and local members in celebrating the refurbishment, w
Glasgow-based McCrea Financial Services has chosen two local charities to support in the year ahead as it looks to add to a huge £650,000 the company has raised for good causes.
Clean energy company Verlume has secured £7.2 million in funding, with £6.6m provided by the Scottish National Investment Bank, to support its expansion plans. The Aberdeen-based firm specialises in intelligent energy management technology that enables a constant power output from renewa
Bamburgh Capital, a boutique corporate finance adviser, has facilitated a transaction for its client Tekmar Group, involving an investment of over £20 million from SCF Partners, a US-based private equity firm with its UK base in Aberdeen.
Despite a decline in profits due to increased energy costs, iomart Group has said it expects to report record revenues of £115 million in its June full-year financial results. In its latest trading update, the Scottish cloud computing firm estimated adjusted EBITDA to be at £36.2m, and a
Thorntons has announced the return of its Dundee charity event, Sports Challenge Dinner, after a three-year break. Over the past six years, £200,000 has been raised for children’s charities across Scotland and organisers hope to generate a further £50,000 this year.
A Scottish agritech firm specialising in the next generation of green insecticides has secured a further round of investment totalling £4 million to scale up the development of its nature-inspired pesticides. Investment in SOLASTA Bio's pre-Series A funding round was led by Yield Lab Europe. O
Unite the Union has revealed that the UK's four big banks, how banks have already made billions in extra profit from interest rate rises.
LinksDAO, a community of golf enthusiasts funded by cryptocurrency, has entered into an "exclusivity agreement" to purchase Spey Bay Golf Course on the Moray coast in Scotland.
Scotland’s fish farms have delivered a £3.3 billion boost to the country’s economy over the last decade, official figures have revealed.
House price rises in rural and coastal communities have soared above the Scottish average, sparking warnings that a housing crisis is stopping the Highlands and islands from becoming a “northern powerhouse”.
