Scottish Enterprise

Edinburgh-based ad tech company Good-Loop has closed a Series A round of £4.5 million. The funds will be used to accelerate the company’s product roadmap, including the development of new solutions aimed at reducing digital advertising’s substantial carbon footprint.

A ground-breaking research project at Heriot-Watt University is set to be commercialised with £77,600 of funding from Scottish Enterprise’s (SE) High Growth Spinout Programme. The project, which has developed an advanced camera technology with consistent, full colour, HD resolution at mi

Scottish Enterprise has awarded research and development funding of up to £20 million to the Scottish subsidiary of specialty vaccine company Valneva SE. The investment from Scotland’s national economic development agency follows advanced discussions reported on 23 December 2021 and will

Edinburgh-based software-as-a-service (SaaS) company Sharktower has been acquired by data-first change and transformation consultancy Proteus. Founded in 1999, Proteus has has powered $30 billion of the world’s most challenging corporate change projects. Unlike ‘land and expand’ co

Scottish Enterprise has today unveiled the forecasted impact of its £1.3m package of support for the third cohort of its flagship business growth and leadership programme Unlocking Ambition. The latest group of entrepreneurs, who joined the nationwide programme in September 2021 and will gradu

Dundee-based M2M Cloud is aiming to develop what is believed to be a world-first water monitoring device with CENSIS after receiving a prestigious SMART award grant from Scottish Enterprise. The £140,000 project will help the IoT technology company to enhance its existing Neptune water monitor

Aberdeen-based intelligent energy management and storage technologies specialist, Verlume, has received a £2.5m investment from a consortium led by Par Equity. Par Equity, a venture capital firm based in Edinburgh, specialises in investing in innovative technology companies and was joined by e

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

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.