Business

Edinburgh-based digital postage company Stamp Free Limited has raised £600,000 in an oversubscribed funding round. The company raised the funds at a pre-investment valuation of £4 million, double the £2 million pre-investment valuation of its seed one funding round in September 202

Aberdein Considine has announced that it is to merge with Edinburgh law firm and solicitor estate agent Russel+Aitken Edinburgh LLP. The combined businesses – which will trade under the Aberdein Considine brand – will together employ over 480 staff and have a turnover

Edinburgh-based financial services training provider Redmill Advance has entered into a partnership with True Bearing Chartered Financial Planners (part of the Amber River Group), providing digital learning solutions across the entire business. Under the new partnership, True Bearing benefits f

Amity Fish Company, a Peterhead fish firm that switched from wholesale to e-commerce landed the FSB Small Business of the Year 2022 award at a special ceremony that took place in Glasgow yesterday. The firm, led by Jimmy Buchan star of the BBC’s Trawlermen TV series, netted the overall prize a

Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.

Edinburgh and Glasgow-based digital skills academy CodeClan has added travel site Skyscanner, Sainsbury’s Bank, and media organisation DC Thomson as industry partners as Scotland’s national digital skills academy looks to further scale up and strengthen its graduate pipeline. Already wor

abrdn Equity Income Trust plc, has published its results for the six months ended 31 March 2022, revealing a share price total return of 8.6%. The total return of the FTSE All-Share Index was 4.7%. The company's portfolio performance was impacted during the first three months of the financial year a

Edinburgh-based hospitality tech firm ePOS Hybrid has smashed its latest pre-series A funding round after hitting a £500,000 goal within 15 minutes of going publicly live. Delighted bosses at ePOS Hybrid are now extending the crowdfunding opportunity, upping the target to a maximum of £2

Union Point, a well-known Aberdeen office building that was auctioned off for just £25,000 following the oil price downturn of 2016, is set to be fully occupied this year, after a remarkable turnaround in its fortunes. Union Point, formerly known as Salvesen Tower, has undergone a major transf

The UK’s small businesses will be run by personal avatars by 2050 thanks to powerful advances in artificial intelligence (AI) in the coming decades, according to a new futurology report commissioned by Virgin Money, owner of Glasgow-based Clydesdale Bank.

Research from Grant Thornton UK's latest Business Outlook Tracker shows that over half (52%) are finding it harder to operate their business today, compared to 12 months ago. To manage cost pressures, 61% of respondents said that their suppliers have agreed to more flexible (longer) payment terms, a

Aberdeen-based biopharmaceutical company Elasmogen has secured an £8 million investment from BGF and the Scottish National Investment Bank, with additional support from existing investor Scottish Enterprise. The multi-million-pound investment will enable Aberdeen-based Elasmogen to continue de

X-Genix, a company in the process of spinning out from the University of St Andrews, is in talks with a number of top global pharmaceutical companies following the development of sustainable technology which could revolutionise the way that medicines are made. The team of Fife-based researchers has

Biotangents, an Edinburgh biotechnology business, has secured £2.2 million of new funding made up of £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600,000 from a funding round led by Kelvin Capital and Scottish Enterprise. The funding wi

Edinburgh-based IT group Stellar Omada has added 50 tech specialists to its team during the first quarter of 2022, while almost tripling year-on-year quarterly revenue and securing a number of new business wins and assignments. UK private bank Hampden & Co, NatWest, and Atos are among recent con