Glasgow-based technology company Kingdom Technologies has secured £1.4 million in its latest round of funding to fuel the expansion of its innovative fleet of robotic lawn mowers.
Scottish Enterprise
Edinburgh-based green energy integrators, Logan Energy, has successfully secured a substantial £5 million investment to advance its systems-led approach within the burgeoning hydrogen power sector. Logan Energy, with manufacturing facilities in Wallyford and development facilities at Heriot-Wa
A funding package has been agreed to secure an estimated £350 million in inward investment for a major energy industry expansion in the Highlands. Sumitomo Electric UK Power Cables Ltd (SEUK), a subsidiary of Japanese company Sumitomo Electric Industries Ltd (SEI) is planning to establish
Watt Laser has completed a £433,000 project to expand its business within the Clyde Gateway Tradepark in Glasgow, with £128,000 grant support from Scottish Enterprise.
Ava Innes, an Elgin-based luxury bedding company, is celebrating the successful completion of its first investment round, with significant contributions from Kelvin Capital and Scottish Enterprise. The injection of capital represents a pivotal moment for the company as it strives to redefine the sta
Scottish start-up business Trademylux Limited has secured a £300,000 investment from TRICAPITAL Angels Limited and Scottish Enterprise as it launches the first in a series of luxury goods resale platforms. Trading as sellmyartworks.com, the first venture will focus on the art resales market an
Scottish biopharmaceutical firm Aurum Biosciences has successfully raised nearly £730,000 in the initial phase of its latest equity funding for advancing its state-of-the-art therapeutic and diagnostic technology. The funding round – which will be split across two tranches – has be
The British Business Bank has made its first major deal from the £150 million Investment Fund for Scotland, with a £750,000 equity investment, through appointed fund managers Maven Capital Partners into medical technology business Carcinotech. Edinburgh-based Carcinotech has raised &poun
London & Partners, the business agency for the UK capital, has announced the launch of the Grow Global programme in two new regions outside of London – Scotland and the West Midlands. The year-long programme is designed to help scale-up businesses in these regions grow their international
A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of operating on less than 30% of the aviation fuel used by a helicopter. Flowcopter designs and manufactures Unmanned Aerial
Scottish Enterprise has unveiled its future focus to help unlock thousands of new jobs and billions of pounds of global growth opportunities to deliver a more successful, greener and fairer economy.
Piramal Pharma Solutions (PPS), a contract development and manufacturing organization (CDMO) and part of Piramal Pharma Ltd. (PPL), inaugurated its expanded antibody-drug conjugate (ADC) manufacturing facility in Grangemouth. The event saw notable attendees like Adrian Gillespie, chief executive of
Scottish Enterprise has written off nearly £30 million in failed investments and recorded £106m from company sales in its most recent financial year. The agency, which provides loans, grants, and investments to businesses, recorded a total write-off of £29.9m from 111 companies for
The Medical Device Manufacturing Centre (MDMC), a consortium led by Heriot-Watt University in Scotland, has received a significant financial boost with an additional £3.35 million funding from Scottish Enterprise. This investment, announced by the Scottish Government’s Cabinet Secretary
Some 38 Scottish businesses with high-growth potential have received a much-needed £1.5 million in funding in the 22nd round of the Scottish EDGE awards.