Glasgow-based medical start-up Microplate Dx has successfully closed a £2.5 million seed funding round to accelerate the development of its point-of-care diagnostic platform. The technology aims to combat antimicrobial resistance (AMR) by quickly identifying the most effective antibiotics for
Scottish Enterprise
Livingston-based prosthetic technology specialist, Össur, has secured a £400,000 research and development grant from Scottish Enterprise, as part of a £2 million project aimed at advancing upper limb prosthetic technologies. The funding will primarily support the development of part
While one trades in steel and the other in numbers, two more Scottish firms - Alexander (Scotland) & Co and Glen Drummond Chartered Accountants - have opted to become employee owned, handing their respective employees a 100% share via the creation of an employee ownership trust (EOT). It is a ch
Environmental services company Recycl8 has been awarded with a six-figure grant from the Low Carbon Manufacturing Challenge Fund (LCMCF). This LCMCF is facilitated by Scottish Enterprise as part of the Scottish Government’s initiative, ‘Making Scotland’s Future’, to promote l
A fund to help inspire more entrepreneurs to start or scale up their businesses has been relaunched. The Ecosystem Fund is being widened this year to include initiatives encouraging young people to consider entrepreneurship from an early age. Applications providing access to support services for und
Michelin Scotland Innovation Parc (MSIP), a collaboration between Michelin, Dundee City Council, and Scottish Enterprise, has selected ten pioneering companies for its latest accelerator initiative, aiming to enhance sustainable mobility and promote decarbonisation. The programme, partly funded by S
Glasgow-based food tech firm ENOUGH has successfully raised €40 million (£34.2m) in a recent growth funding round. The funding was co-led by Europe's renowned climate tech venture capitalist, World Fund, and prominent food tech investor, CPT Capital. Notable investors such as AXA IM Alts,
Scottish Development International (SDI) has revealed a notable surge in Scotland’s export figures, showcasing the country’s robust global appeal in spite of recent economic headwinds.
Sunhope Packaging Machinery (ZHENJIANG) Co., Ltd which offers packaging solutions worldwide, has announced it is setting up a new UK division called Sunhope Packaging Machinery (UK) Ltd in Glenrothes.
Glasgow-based integrated drug formulation and clinical trials specialist BDD has secured a fresh £2 million investment to fuel its expansion, responding to a surge in demand for its proprietary drug delivery technology and its niche clinical trial services. This funding initiative was led by p
Plans to develop a bonded whisky storage facility in Glenrothes have taken a major step forward after the project received support from Scottish Enterprise.
Plans to develop a bonded whisky storage facility in Glenrothes have taken a major step forward after the project received support from Scottish Enterprise.
Edinburgh-based life science firm Cytomos has successfully raised £4 million in a recent investment round for the development and market-testing of its Cytomos Dielectric Spectroscopy (CDS) technology. Archangels led this funding initiative with participation from notable investors such as Old
Glasgow's Allied Vehicles Group has secured a £1.3 million grant from Scottish Enterprise towards a £3.9m project aimed at innovating vehicle conversion processes for hybrid and electric wheelchair accessible vehicles. Visiting the firm this week to witness the company’s growth pla
Rapscallion Soda, a Scottish independent craft soft drink maker, is has taken strides towards its objective of providing healthier, tastier, and more sustainable alternatives to conventional soft drinks, with support from several investors. Originally established as a pop-up in Glasgow in 2016, Raps