Glasgow-based Talking Medicines, the world’s first Artificial Intelligence (AI) driven patient intelligence company designed to meet the needs of pharma, has closed a £1.5 million funding round to support its ambitions for expansion into the US. Boston based life science investor Mark Ba
Scottish Enterprise
uFraction8, a Scottish biotech engineering company developing innovative bio-separation instruments for pharmaceutical and food manufacturers, has secured over £2.5 million in new investment to further commercialise its solution. The successful fundraise, secured through a combination of priva
St Andrews-based Pneumagen, a clinical-stage biotech company, has raised £3.8 million to advance clinical development and manufacturing of its lead product Neumifil. The financing round was co-led by existing investors, Thairm Bio and Scottish Enterprise.
Fife-based retinal imaging company epipole is set to grow its presence within the global ophthalmic imaging market after raising £1.3 million in new investment. The company’s handheld epiCam enables clinicians to record epiStreams - scans of the retina using real-time video - from which
Valneva SE, a specialty vaccine company, has announced that it is in advanced discussions with Scottish Enterprise for a £20 million grant which will enable it to fully complete its strategic manufacturing site in Livingston. Following the termination of the supply agreement with the UK Govern
Edinburgh-based compression pioneer Vert Technologies (Vert) has received £1.9 million investment to expand the presence of its Conical Rotary Compressor (CRC) technology in the Refrigeration and Heat Pump sectors. Vert recently completed a £775,000 investment funding round, through the
Bigtincan, a provider of sales enablement automation solutions has unveiled plans to make Scotland one of its principal international locations following support from Scottish Enterprise. Bigtincan will expand its software development centre in Glasgow and accelerate a series of R&D projects to
More than 40 companies based in Scotland will benefit from over £10 million of Scottish Enterprise green jobs funding. The economic development agency today announced that £10.7m has been approved for 43 projects involving a total capital investment of £61.6m.
Carbon capture, utilisation and storage (CCUS) could make a significant contribution to the Scottish economy, according to a new report published by Scottish Enterprise. Scottish Enterprise and the Scottish Government jointly commissioned Element Energy to lead the CCUS economics impacts study - del
Rearo, an independent family business headquartered in Govan, has celebrated its 30th anniversary with a £500,000 investment. The £500,000 investment will help the company transform production processes and working practices, develop new products, and embed a commitment to customer servi
Growing sugar beet in Scotland and processing the crop at a purpose-built biorefinery facility initially producing bioethanol could support thousands of jobs and make a significant contribution to the country’s net-zero ambitions, according to a study funded by Scottish Enterprise and produced
Edinburgh-based laser firm Chromacity has signed an agreement with MSH Systems, to supply and distribute its ultrashort pulse lasers in Japan. Based in Tokyo, MSH Systems provides a wide range of optical components, lasers and spectroscopy equipment for industrial applications and academic institute
Scottish Enterprise has commissioned an ambitious international collaboration project called ‘Scot2Ger’ led by industry and supported by the public sector to explore future export opportunities for Scotland’s green hydrogen. The project, led by ScottishPower, Wood, KPMG Germany and
Low-carbon collaboration between Scotland and Japan is to be strengthened further after Scottish Enterprise signed a Memorandum of Understanding (MoU) with the Marubeni Corporation. The MoU between Scotland’s national economic development agency and the Japanese conglomerate will see both part
A ground-breaking feed additive that results in a 30% or more reduction in methane produced by cattle will be globally manufactured in Scotland. As the second week of COP26 gets underway in Glasgow, science-based company Royal DSM unveiled plans for a large-scale production facility at its site in D