Business

Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million (£3m) as it continues to expand into international markets. The investment was led by existing investor the Scottish National Investment Bank, joined by

Scottish hospitality tech startup Stampede has reported strong growth over the last 12-18 months as its headcount has risen to 17 and has secured key contracts with businesses such as The Kitchin Group, Best Western Hotels, and Park Row in London. Julie Grieve, founder and CEO of Criton, has al

Glasgow-based medical start-up Microplate Dx has successfully closed a £2.5 million seed funding round to accelerate the development of its point-of-care diagnostic platform. The technology aims to combat antimicrobial resistance (AMR) by quickly identifying the most effective antibiotics for

Mackie's of Scotland has scooped up a 37% increase in export sales for its luxury ice cream during the last financial year. The family-run business saw its highest ever international sales in 2022/23 with export revenue hitting £2.8 million, up from £2.05m in 2021/22.

The Royal Bank of Scotland's latest PMI survey recorded almost no change in business activity across Scotland's private sector for August 2023. The Scotland Business Activity Index slipped from 51.1 in July to an exact 50.0, ending six months of growth. In addition to this, new orders across both th

Dundee-based investment portfolio Ruby Capital, founded earlier this year by entrepreneur Tony Banks, has injected £350,000 into the Scottish Bloody Mary mixer brand, Tongue in Peat.

Edinburgh-based soft drinks firm Bon Accord has secured a new supply deal with Sainsbury's.

Livingston-based prosthetic technology specialist, Össur, has secured a £400,000 research and development grant from Scottish Enterprise, as part of a £2 million project aimed at advancing upper limb prosthetic technologies. The funding will primarily support the development of part

Scottish independent pharmacy chain Davidsons Chemists has revealed its plans for five new branches acquired from Lloyds in a seven-figure deal supported by Thorntons. The business now owns 56 pharmacies including the five new acquisitions. Two are located in Dundee, and one each in Kirriemuir, Mont

Edinburgh-based wave energy firm Mocean Energy have secured over £3 million EU funding to develop and deploy a 250kW wave machine in Orkney.

Aberdeen's Jamieson & Carry, an independent, family-owned jewellery business founded in 1733, has unveiled the next phase of its multi-million-pound expansion plans at its Union Street store. A planning application to combine the existing store at 142 Union Street with the neighbouring building

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.

Scottish agriculture-feed manufacturer, Galloway and MacLeod, has expanded operations to five new overseas markets after receiving operational support from Barclays Corporate Banking.

Private businesses in Scotland have accumulated and now hold an average daily balance of £50 billion in their bank accounts, according to recent data from Azets. While this vast sum primarily reflects the normal ebb and flow of cash into and out of bank accounts, the magnitude indicates that m

Glasgow-based Simple Online Healthcare, trading as Simple Online Pharmacy in the UK, has increased revenue by 56%t to £24.3 million in the year to 28th February 2023 (2022: £15.6m), while near doubling headcount to 99. During the year, the company expanded operations across the UK, Germa