Scottish businesses have been attracting substantial equity investment in the last year as venture capital and angel investor's interest in the region grows. Based on data from Beauhurst, the research looks at the performance of the Scottish equity investment market and compares with the other natio
Business
Glasgow-based tech start-up Gigged.AI has been awarded a £100,000 SMART: SCOTLAND grant by Scottish Enterprise to develop its digital talent sourcing platform. The company uses artificial intelligence-driven technology to match businesses with internal talent and external freelancers by creati
Superyacht security system provider MarineGuard Systems Ltd has acquired the Scottish offshore/onshore personnel tracking and mustering firm EPIC for an undisclosed sum.
Equity investor BGF has today exited its investment in Fife-headquartered housebuilder Campion Homes. Having initially invested a multimillion sum in 2016, BGF’s exit follows a strong period for Campion Homes, with it trebling in size taking turnover from £14.6 million to over £45m
The market outlook remains positive across the central belt of Scotland with occupiers reviewing and implementing their real estate strategies, according to new data from commercial property specialist JLL. In Glasgow, there was 126,000 sq ft transacted in the city centre, an 11% increase on the sam
Insurance and reinsurance market Lloyd's of London has scrapped plans to downsize from the its tower office in London and is in talks to extend its lease.
Housebuilder Cala Group has revealed a strong first half of the year, with profit before tax (PBT) in excess of £98 million, a 26% increase on the 2021 half year PBT of £77.6m.
Equity investor BGF has reported strong deal flow in Scotland and Northern Ireland in the first half of 2022 with close to £25 million being invested into growing businesses, while exit activity has delivered a 3.5x return off four exits. BGF is a long-term patient investor, making initial inv
The Competition and Markets Authority (CMA) has launched a probe to investigate Microsoft's $69 billion (£58 billion) purchase of Activision Blizzard.
A competition hosted by the University of Strathclyde's entrepreneurship programme had students and alumni's start-ups stake their claims for funding.
According to new figures published by HMRC, Scotland has outperformed the rest of the UK with total exports up 5.7% for the year ending March 2022. As a whole, when excluding oil and gas, the UK's total exports is down 2.8%.
The abrdn New Dawn Investment Trust Plc has seen its net asset value (NAV) total return drop by 11.0%. The NAV drop is in line with the company’s benchmark MSCI All Countries Asia Pacific ex Japan Index (Sterling adjusted) total return of 9.2%.
Fintech Scotland has announced the core theme of this year's Scotland Fintech Festival will be celebrating collaborative innovation that is driving economic recovery. This will be the fifth FinTech Festival hosted by FinTech Scotland and will take place over four weeks in September and October. It i
International malting company Boortmalt has today opened the world’s largest kiln as it completes the expansion of its Buckie malting plant on the Morayshire coast. The business, which is one of the oldest malting businesses in the UK, has built the kiln and expanded its supporting buildings b
Advertising tech firm Blis has announced plans to expand in Scotland after being awarded a £1.4 million grant from Scottish Enterprise. The company will establish an R&D Centre in Scotland, enhancing the skills base of the country’s already vibrant digital sector. The move will deliv