WhiteHaul, a technology firm from the University of Edinburgh, has been awarded £275,000 in funding from Scottish Enterprise to help bring high speed broadband to rural locations. The firm has developed a platform that will enable Internet Service Providers (ISPs) to provide users with gigabit
BP and Scottish Enterprise provide funding for £6.5 million development of Scotland’s first energy incubator
ETZ Ltd, the not-for-profit company tasked with spearheading North East Scotland’s energy transition ambition, has secured £1.25 million from BP and £2m support from Scottish Enterprise to begin construction of Scotland’s first energy incubator and scale up hub (EISH). The re
InvestFife has welcomed CuanTec Ltd, a Scottish biotech firm, as it establishes premises in Glenrothes. The company, which owns its motto “Using waste to eliminate waste naturally", has the aim of reducing carbon emissions, plastic pollution, and food waste, whilst contributing to the circular
The appearance of Mark Logan, Scotland’s chief entrepreneur, at the AccelerateHER Awards 2023 finals later this month has been confirmed. The former Skyscanner executive will host a fireside chat at the event which takes place on 16 March at the new Barclays campus in Glasgow.
Science and technology company Merck has created 15 new positions its Livingston facility as part of a £2.6 million investment. The investment is a result of a request made to Merck’s Livingston facility to tender for the design, development and commercialisation of a novel diagnost
Dumfries-based systems design and engineering company Smart Green Shipping has completed a £1.35 million investment round. MOL Drybulk Ltd (MOLDB) and Scottish Enterprise are joint investors in the company that is steering a course to a demonstration FastRig wingsail later this year alongside
Dxcover — a Glasgow-based company developing a blood test that can detect cancer at an early stage — has raised £9.7 million through a Series A investment round and grant funding. The £7.5m funding round was led by existing investors Eos Advisory LLP, Mercia Asset M
The 11 companies selected to take part in the Scotland Can Do ‘Applying Space Data to the Net Zero Economy’ research and development (R&D) challenge came together yesterday to share their innovative ideas after recently being selected from a competitive field of applicants.
Twelve Scottish companies have been successful in receiving a share of £560,000 to support the decarbonisation of heavy duty vehicles. A second challenge call for Zero Emissions Heavy Duty Vehicles was completed recently by Transport Scotland and Scottish Enterprise through its Can Do Innovati
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
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
FinTech Scotland has announced a further increase in the number of entrepreneurial fintech SME firms as well as a record-breaking new investment funding for the year. In the last 12 months, Scottish fintechs received over £305 million in funding supporting their growth and development, represe
University projects from Edinburgh and Aberdeen have each secured £75,000 in funding from Scottish Enterprise’s high growth spin-out programme (HGSP) to support renewable energy. An innovative project from the University of Edinburgh that is developing heat exchange technology for marine
Revive Eco has raised a £375,000 investment led by Gabriel Investment Syndicate to commercialise its patent-pending process to recycle coffee grounds into a sustainable palm oil alternative. The Glasgow-based green tech startup was launched by co-founders Fergus Moore and Scott Kennedy in 2019
Scottish Enterprise’s support is forecast to generate £709.74 million of Scottish innovation expenditure. The agency approved £120m in grant funding and equity investment for innovation activities in the 2021-22 financial year, which is now calculated to deliver a further £50