Business

Energy storage firm Gravitricity has appointed Edinburgh and London-based corporate finance specialists Gneiss Energy to spearhead a £40 million funding drive – with the goal of building three demonstrator projects in the next five years. Earlier this year the Edinburgh-based energy stor

Scotland’s billionaire brothers, Sandy and James Easdale, have announced a £10 million investment to massively expand the partnership between McGill’s Buses and international coach operator, FlixBus. The McGill’s owners’ outlay will see 18 new state-of-the-art Volvo bus

Edward Hunter, a partner in Burness Paull’s corporate finance team, has been recognised as a rising star in an industry benchmark. The Lawyer’s annual Hot 100 list, which it describes as “the crème de la crème of the legal world”, features “the most daring

The Artisanal Spirits Company has announced a change of leadership with David Ridley stepping down as managing director and Andrew Dane appointed as CEO, following a strong year of growth.

Car leasing specialist Pike + Bambridge, which has offices in Edinburgh and Aberdeen, is on track with a £1 million investment to drive further growth across the UK. The company helps businesses and individuals to make the switch to electric and hybrid vehicles, by making the process simpler,

Converge, a company creation initiative for Scotland’s universities and research institutes, has opened this year's challenges — dispelling the myth that you need to call yourself an “entrepreneur” to set up a business. The initiative – which helps staff, students, and

Scottish food ingredient manufacturers Macphie is expanding operations at its recently refurbished factory amid growing demand for its products. Macphie’s Tannochside facility, which restarted full scale production last year after a £4 million refit and layout change, initially created m

2022 has seen Energy Specialist Solutions (ESS), a Scottish-based company which operates globally, triple its sales, nearly quadruple its pre-tax profits and expand to America to take advantage of opportunities across the power generation sector. Previously focused primarily on technically complex e

Scottish startup Waire Health has received £2 million in funding from St Andrews-based Eos Advisory and Scottish Enterprise. The investment will allow the firm to scale its sensor technology and grow its management team, production, and product development capabilities, while enablin

Scotgold Resources has reported sales of £11.9 million for the year ended 31 December 2022 despite poorer than expected gold production and sales in Q4. However, as a result of the impacted Q4 2022 gold production and sales, the firm's financial and working capital position has been adversely

Aberdeen Minerals has announced that it has raised approximately £1.1 million through the issue of shares to new and existing UK and international investors.

23 businesses have started the latest edition of Highlands and Islands Enterprise's (HIE) Pathfinder Accelerator programme. The programme provides fast-track training and mentoring for entrepreneurs looking to build a company or launch a new product.

Spotless Commercial Cleaning Ltd has acquired of two rivals south of the border, which has bolstered its annual revenues and widened its UK customer base. The Edinburgh-headquartered company has taken over the Manchester-based Purity Group, purchasing its assets out of administration. The move furth

Payment orchestration provider BR-DGE has revealed its plans for the coming year, from changes to its senior management team and a new appointment, to a deepening of its footprint in the retail sector, product strategy, and plans for further expansion. The Edinburgh-based firm is forecasting healthy

The Scotland and NI team of BGF has reported a strong year in 2022, delivering a series of exits and investing £42 million in the local growth economy. Notable deals in the last 12 months include leading an £8m investment alongside Scottish National Investment Bank into biopharmaceutical