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
Scottish Enterprise
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
Planet DDS, a Californian dental software company, has chosen Glasgow as the location for its new technology development and support centre, marking a significant investment in Scotland's economy.
The National Manufacturing Institute Scotland (NMIS), operated by the University of Strathclyde, has today opened its new world-class, flagship facility at the heart of the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire with an aim to be a major stimulus for the country&
Scotland has asserted itself as the top UK location outside London for foreign direct investment (FDI), according to the latest Scotland Attractiveness Survey by EY. The figures reveal that in 2022, Scotland secured a record 126 FDI projects, marking a 3.3% increase from the 122 projects attracted i
Scottish Enterprise and Clyde Gateway have entered into a memorandum of understanding aimed at leveraging up to £16 million of support towards a planned £60m construction programme over the next five years to create low carbon energy efficient business space for high value manufacturing
Italian-owned company Eurostampa has unveiled expansion plans in Scotland, buoyed by a £2.5 million grant from Scottish Enterprise. The company, which manufactures premium labels for the food and beverage industry, intends to nearly double its factory space in Cumbernauld, Scotland, creating 9
Cullen Eco-Friendly Packaging Ltd has secured a £475,000 grant from Scottish Enterprise to enable the firm to extend its Glasgow premises to bring in new machinery to make them even more energy efficient and sustainable. The company takes the offcuts from the cardboard boxes it produces for su
Equity investment for Scottish businesses has hit an all-time high of £953 million in 2022, up by 26% from £754m the previous year, according to a report from Scottish Enterprise. This solid growth rate outperformed many other UK regions, with Scotland's investment market coming second o
A report, sponsored by Scottish Enterprise and conducted by Deep Knowledge Analytics, has forecast blockchain technology contributing £4.48 billion to Scotland's GDP by 2030. The study, Blockchain Industry in Scotland Landscape Overview: Companies, Investors, Influencers and Trends, is the fir
Scottish coffee roaster Matthew Algie has secured a multi-million-pound investment at its Glasgow production headquarters, to enhance production capabilities while aiming to be net-zero by 2035. This financial injection, supported by Scotland's national economic development agency, Scottish Enterpri
Compack Cartons' latest packaging facility in Livingston was today inaugurated by the cabinet secretary for wellbeing economy, fair work and energy, Neil Gray, following a £13.5 million investment by Port Glasgow-based McLaren Packaging. Compack, which was acquired by McLaren Packaging in
Scottish healthtech firm IbisVision has raised £4.5 million in growth funding to expand its remote eye test platform into the US and EU markets. The company plans to use the funding to double its workforce and open an office in Fort Lauderdale, Florida. IbisVision anticipates a surge in US sal
Glasgow-headquartered Maven Capital Partners has invested an additional £1.25 million in global carpool and on-demand transport tech provider Liftango.