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 Enterprise
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.
Edinburgh-based Ingenious Audio has secured a six-figure funding package, with support from existing backers Kelvin Capital and Scottish Enterprise, to expand its operations into being a technology platform provider as well as a product company. The company's patented Wi-Fi Audio technology, known a
Scottish Enterprise (SE) has broken its own record in nurturing academic innovation, demonstrating significant fiscal progress through its High Growth Spinout Program (HGSP). During the 2022-23 financial year, SE bolstered 33 research teams with grants totalling £2.06 million. These teams, ste
Scottish enterprises are poised to receive a significant boost in innovation support and funding accessibility due to a new agreement between Scottish Enterprise and Innovate UK. The two agencies have entered into a landmark memorandum of understanding which aims to streamline the journey through th
Michelin Scotland Innovation Parc’s (MSIP) flagship £5 million Innovation Hub and Café has officially opened in Dundee this week.
Scotland's burgeoning biobased manufacturing industry is set to receive a significant boost with the introduction of the Launchpad programme, aimed at bolstering growth and innovation within the sector.

