Fitabeo Therapeutics has ‘spun-out’ from the University of Strathclyde with ambitious plans to address some of society’s most pressing healthcare challenges within chronic pain and women’s health. The firm has also announced the appointment of accomplished pharmaceutical exec
Scottish Enterprise
Snappy Shopper, the Dundee-based home delivery marketplace serving convenience stores, has raised a seven-figure sum from existing investors Highland Technology, Kelvin Capital and Scottish Enterprise, to fuel growth ambitions.
Scotland’s national economic development agency Scottish Enterprise has been named as one of the key partners supporting AccelerateHER Awards 2023, a programme recognising and celebrating the achievements of the nation’s female-founded businesses. The 2023 awards were launched last month
Satellite-enabled cloud services company Mangata Networks has announced it has chosen Scotland as the location for its research & development activities as well as satellite manufacturing, space systems and core network operations. Over the coming few years, up to 575 new jobs will be created as
A funding round for Edinburgh-based Sofant Technologies has been joined by international holding company NetScientific plc, taking the total joint investment round to £4.2 million. The round is being led by NetScientific subsidary EMV Capital Ltd alongside Scottish Enterprise, Kelvin Capital L
Edinburgh-based healthtech company Hearing Diagnostics has completed a £1.1 million funding round and is now eyeing commercialisation in the domestic and US markets. Led by angel investment syndicate Archangels, the funding will unlock the spatial hearing screening technology’s market po
Global corporation Marubeni Europower Limited has advanced its net zero collaboration in Scotland following the opening of its first office in Glasgow. The investment in new premises will allow the company to drive forward its work to support Scotland’s journey to net zero and follows a Memora
A new Green Heat Innovation Support Programme worth up to £17.6 million is being launched for companies across Scotland covering industries from manufacturing to technology innovators and the heating supply chain. The new programme has been developed by Scottish Enterprise in conjunction with
Par Equity has led a £6.9 million investment round for StretchSense after it expanded its European headquarters in Edinburgh, launching a centre of excellence in AI and spatial computing. The New Zealand tech firm is a specialist in high-precision motion capture technology for the gaming and a
Leap Automation, a Scottish producer of intelligent robotic systems for end of line automation for fresh produce, has received a seven-figure cash injection from Alba Equity and Scottish Enterprise. The significant investment will see the Aberdeen business consolidate its lead in the food packi
Global Surface Intelligence (GSI), the Edinburgh-based geospatial company, has agreed a seven-figure investment package from Alter Technology TUV Nord Group (TUVN) for a minority stake in the business. As a result TUVN will take a seat on the board and also have a board observer. Both Par Equity and
A state-of-the-art £36 million superfactory will secure the Scottish future of a company crucial to the whisky industry, thanks to £3.3 million in funding. The huge investment includes a £3.3m grant from Scottish Enterprise and will see Guala Closures Ltd continue their operat
Glasgow-based managed services provider and business telecoms company KubeNet has grown substantially after moving to larger premises and is celebrating new contract wins with clients across the UK and globally following support from Scottish Enterprise. The new office at Academy Business Park, Glas
Strategies to attract foreign investment and open up international trade for Scottish companies have reported successful results. Business minister Ivan McKee told the Scottish Parliament that the export growth strategy, A Trading Nation, has delivered an additional £3 billion of planned inter
The benefit of international trade to Scotland’s economy has been underscored after new figures from Scottish Development International (SDI) revealed exporters will provide a significant boost to the nation’s finances.