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
Scottish Enterprise
Glasgow-headquartered Maven Capital Partners has invested an additional £1.25 million in global carpool and on-demand transport tech provider Liftango.
Investment opportunities were central to Tartan Week celebrations as some of Scotland’s most innovative tech firms pitched to North American venture capital investors in New York. Companies covering sectors including data, robotics, health tech, software as a service (SAAS) and clean tech had
A Scottish agritech firm specialising in the next generation of green insecticides has secured a further round of investment totalling £4 million to scale up the development of its nature-inspired pesticides. Investment in SOLASTA Bio's pre-Series A funding round was led by Yield Lab Europe. O
WhiteHaul, a technology firm from the University of Edinburgh, has been awarded £275,000 in funding from Scottish Enterprise to help bring high speed broadband to rural locations. The firm has developed a platform that will enable Internet Service Providers (ISPs) to provide users with gigabit
ETZ Ltd, the not-for-profit company tasked with spearheading North East Scotland’s energy transition ambition, has secured £1.25 million from BP and £2m support from Scottish Enterprise to begin construction of Scotland’s first energy incubator and scale up hub (EISH). The re
InvestFife has welcomed CuanTec Ltd, a Scottish biotech firm, as it establishes premises in Glenrothes. The company, which owns its motto “Using waste to eliminate waste naturally", has the aim of reducing carbon emissions, plastic pollution, and food waste, whilst contributing to the circular
The appearance of Mark Logan, Scotland’s chief entrepreneur, at the AccelerateHER Awards 2023 finals later this month has been confirmed. The former Skyscanner executive will host a fireside chat at the event which takes place on 16 March at the new Barclays campus in Glasgow.
Science and technology company Merck has created 15 new positions its Livingston facility as part of a £2.6 million investment. The investment is a result of a request made to Merck’s Livingston facility to tender for the design, development and commercialisation of a novel diagnost
Dumfries-based systems design and engineering company Smart Green Shipping has completed a £1.35 million investment round. MOL Drybulk Ltd (MOLDB) and Scottish Enterprise are joint investors in the company that is steering a course to a demonstration FastRig wingsail later this year alongside
Dxcover — a Glasgow-based company developing a blood test that can detect cancer at an early stage — has raised £9.7 million through a Series A investment round and grant funding. The £7.5m funding round was led by existing investors Eos Advisory LLP, Mercia Asset M
The 11 companies selected to take part in the Scotland Can Do ‘Applying Space Data to the Net Zero Economy’ research and development (R&D) challenge came together yesterday to share their innovative ideas after recently being selected from a competitive field of applicants.
Twelve Scottish companies have been successful in receiving a share of £560,000 to support the decarbonisation of heavy duty vehicles. A second challenge call for Zero Emissions Heavy Duty Vehicles was completed recently by Transport Scotland and Scottish Enterprise through its Can Do Innovati
Scottish startup Waire Health has received £2 million in funding from St Andrews-based Eos Advisory and Scottish Enterprise. The investment will allow the firm to scale its sensor technology and grow its management team, production, and product development capabilities, while enablin
Pufferfish, which uses its spherical displays to create immersive solutions for a wide range of clients including Google, NASA, BBC, Fortum, Amazon Prime and Aramco, has exceeded its £600,000 target in the its latest funding round. The Edinburgh tech firm will use the funding to expedite its g