Scottish Enterprise

Family-run commercial textile manufacturing business The Beal Group has completed an ambitious relocation and expansion project allowing for diversification into net-zero business growth opportunities. With a £4 million injection of funding, part supported by Scottish Enterprise, the company h

IDCP Scotland, a life science company based in Glasgow, is aiming to become a R&D hub for digital medical technologies after receiving early-stage support from Scottish Enterprise.

The Michelin Scotland Innovation Parc (MSIP) has announced that HGP (Scotland) Ltd will be the latest company to locate at the Innovation Parc. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is a world-class Innovation Parc in Dundee for sustainable mobility and

WellFish Diagnostics, a new spinout company from the University of the West of Scotland (UWS), will benefit from a £1.2 million investment from the University, Kelvin Capital and Scottish Enterprise. The funding will be used to help transform health diagnostic practices in the £245 billi

Wave power specialists Mocean Energy have secured a major new investment to accelerate the commercial roll-out of their ground-breaking wave energy technology. The Edinburgh firm has raised £730,000 equity funding from existing funders, led by angel syndicate Equity Gap, together with Old Coll

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.