Glasgow-based regulatory technology firm Encompass has received a £1.97 million research and development grant from Scottish Enterprise. The grant will be used to develop an artificial intelligence platform for its financial services clients.
Scottish Enterprise
Companies are benefiting from £170,000 of Scottish Government funding to use artificial intelligence (AI) to help tackle the global climate emergency. Six applicants have been chosen to develop AI-enabled technology through the Can Do Innovation Challenge Fund, managed by Scottish Enterprise.
Med-tech firm EnMovi has secured a £2.5 million research and development grant from Scottish Enterprise to advance the development of its cutting-edge orthopaedic sensors and data analytics. The newly-established company is the latest venture from US-based parent company OrthoSensor Inc. and w
SHE Software has received a £1.4 million research and development (R&D) grant from Scottish Enterprise to support its £4m expansion plans. SHE Software is investing £4m in a cutting-edge health and safety technology project, the funding from Scottish Enterprise will help the Ea
You & Mr Jones, the global brandtech group founded by former Havas chief executive David Jones, has invested in Edinburgh-based ethical video startup Good-Loop. Having successfully closed a US $1.4m seed funding round, Good-Loop will invest the funds in growing its commercial team in Europe and
Brechin-based 3D-printing specialist Angus 3D Solutions have received a £39,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise. The company will utilise the funding to implement a three-year growth plan.
Semiconductor manufacturer Diodes Incorporated has received a £13.7 million funding package from Scottish Enterprise towards a £47m project enabling its future growth in Greenock. The grant was announced yesterday by First Minister Nicola Sturgeon.
Archangels has recorded another active year of support, leading investment of £14.8 million in Scottish start-up and early-stage companies in the tech and life sciences sectors. The syndicate directly invested £8.2m across the year (2018: £10.9m) and was the lead investor on a tota
The 40 businesses participating in the First Minister’s flagship entrepreneurial development programme Unlocking Ambition have raised a total of £6.5 million since its launch, with the majority gained from external funding. Launched in July 2018, the £4m Unlocking Ambition two-year
Edinburgh-based Current Health has closed a £9 million ($11.5m) Series A funding round led by MMC Ventures and Legal & General. Par Equity and the Scottish Investment Bank, the investment arm of Scottish Enterprise also participated in this funding round.
The Scottish Aquaculture Innovation Centre (SAIC) has received a £10 million five-year funding package from the Scottish Funding Council, Scottish Enterprise and Highlands and Islands Enterprise (HIE).
Steve Dunlop, Scottish Enterprise chief executive, and David Sole OBE, managing partner at School for CEOs, have joined tech investor Mark Logan as the first male ambassadors to be part of the Women’s Enterprise Scotland male ambassador programme. After delivering the Equality and Diversity in
Tayport-based food processing equipment manager Foodmek has obtained a £500,000 loan from Scottish Loan Scheme (SLS) to help activate its growth plan. The company has said that it aims to use the loan from the SLS, which is administered by the Scottish Investment Bank, the investment
Economy secretary Derek Mackay has written to businesses to urge them to prepare for the consequences of Brexit, and inform them of the support available from the Scottish Government. Writing ahead of a visit to the Scottish Enterprise (SE) Prepare for Brexit control hub in Clydebank by ministe
Royal Bank of Scotland (RBS) and Women’s Enterprise Scotland are to host an investment day for female entrepreneurs at Gogarburn Conference Centre.