Business

A Glasgow-based startup specialising in advanced imaging technology has secured £50,000 in support from the Start Up Loans programme to take its business to new heights. Launched in January 2022 by metasurface physicists Charles Altuzarra and Yash Shah, Metahelios has created a first-of-its-ki

Cromarty Firth and the Forth have been jointly selected by the Scottish and UK governments to become Scotland's first "green freeports". The winning bids by Opportunity Cromarty Firth (OCF) and Forth Green Freeport (FGF) will be supported by up to £52 million in start-up funding and will benef

Dundee integrated creative agency, ALTAR Group, has kicked off the year on a high as a host of brands, including The Scottish Energy Forum, Abertay University, and Caledonian Housing have been added to the company’s client roster, to the value of £250k. ALTAR Group, an employee owned bus

Foresight Group, the listed regional private equity and infrastructure investment manager, has announced the launch of a new £60 million fund dedicated to investment in Scotland. The first close was supported by cornerstone commitments from Strathclyde Pension Fund and British Business Investm

Digital health company PneumoWave has announced the closing of a £7.5 million Series A financing. The funding for the Eurocentral-headquartered company will be used to continue clinical trials of its biosensor technology that monitors potential fatal respiratory changes.

Pufferfish, which uses its spherical displays to create immersive solutions for a wide range of clients including Google, NASA, BBC, Fortum, Amazon Prime and Aramco, has exceeded its £600,000 target in the its latest funding round. The Edinburgh tech firm will use the funding to expedite its g

Aberdeen-based technology firm Eserv has completed an investment deal with Vespa Capital LLP. The deal, for an undisclosed sum, will enable Eserv to continue to drive international growth, augment the team and further expand the capabilities of their digital twin technology, AS-TEG.

Ken Valledy, an international business adviser, entrepreneur, and co-author of The Startup Lexicon: Demystifying the Everyday Language of Startups, will meet with Scottish female founders and business angels at an event being hosted by Investing Women Angels next week. Mr Valledy will address the au

MacKay Corporate Insurance Brokers has appointed Sean Moran as the firm's new private client sales director. MacKay Corporate are an independent chartered insurance broker with offices in Ayr, Greenock and Aberdeen.

The Isle of Barra Distillers have agreed a six-figure deal with Waitrose & Partners to stock and sell their 'Atlantic Gin' in 120 stores across the UK. The Outer Hebrides spirit will initially be available in 120 stores, but the deal may expand to other locations based on customer feedback and d

International oil services firm Archer Limited has closed a deal to acquire Ellon-based Romar-Abrado for $8 million (£6.57m), plus earn-out pending trading performance over 2023 to 2025.

According to the latest Royal Bank of Scotland Report on Jobs survey, Scottish recruiters reported a decline in permanent placements during December.

Bio-based construction materials manufacturer Industrial Nature Ltd has secured a follow-on investment of £2 million from the Scottish National Investment Bank. The £2m investment comes after the Edinburgh-based firm successfully established the IndiNature Mill in the Scottish Borders an

The Federation of Small Businesses (FSB) in Scotland has voiced concerns over the dramatic scaling back of energy bill support for small businesses, announced yesterday by the UK Government. Andrew McRae, FSB Scotland policy chair, said: “Small businesses have been calling for some certainty o

In one of its first transactions of the year, law firm Harper Macleod has advised Connelly Group Holdings on its acquisition of Renfrewshire safety and security business Brookfield Alarms. Connelly Group Holdings – known by its Connelly Security Systems brand – was established in Bishopb