Scottish National Investment Bank

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Forres-headquartered spaceflight company Orbex has closed an update to its Series C funding round, securing a further £16.7 million from a consortium of six major investors. This latest injection of capital brings Orbex's total funds raised to an impressive £102m.

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Scottish biopharmaceutical firm EnteroBiotix has raised over £27 million from new and existing investors, positioning it to expand and accelerate its pioneering work in developing microbiome medicines. The £27m financing includes new equity of £6m from the Scottish National Investm

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Edinburgh-based biotechnology firm, Calcivis, has secured £5 million in funding to roll out its innovative dental technology. The firm’s patented system enables early detection of tooth decay – which in turn can enable timely preventive treatment – by deploying a biologic dia

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A new programme to address the growth barriers faced by impact-oriented businesses has been launched. The Scottish Impact Investor Readiness Programme is being delivered by award-winning Strathclyde Business School, in partnership with the Scottish National Investment Bank (SNIB), and was developed

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Pathways Forward has launched its Pledge initiative with leading organisations committing to actionable steps aligned with the principles set out in the Pathways report, with their performance measured over a 12-month period. AccelerateHER, CivTech, CodeBase, Deloitte, Eos Advisory, Scottish EDGE, a

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The Scottish National Investment Bank has appointed Gary Page as a new non-executive director of its board. Mr Page has built a portfolio of non-executive roles in the private, public and charitable sectors after a career in the City, in a range of commercial and investment banking jobs. He served o

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Aurora Energy Services (Aurora) is set to play a pivotal role in propelling Scotland towards its net zero goals, thanks to a £20 million investment from the Scottish National Investment Bank. The business will use the funding to bolster and expand its network of regional training hubs and work

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Edinburgh-based cancer therapeutics development specialist Cumulus Oncology has successfully secured a £9 million funding package, including a significant contribution of £6m from the Scottish National Investment Bank. The funds are earmarked to bolster Cumulus's portfolio of companies d

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The Scottish National Investment Bank (SNIB) has today announced a £2.6 million investment into cybersecurity expert, Cyacomb. The Edinburgh-based tech company has developed software to detect and block harmful online content that is 100 times faster than any existing search tool.Cyacomb will

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Circularity Scotland has accounted for £4.5 million of the Scottish National Investment Bank's £17.8m unrealised loss, according to the bank's latest full year accounts. Just a little over two years since its inception, the bank has significantly influenced the Scottish economy by commit

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Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million (£3m) as it continues to expand into international markets. The investment was led by existing investor the Scottish National Investment Bank, joined by

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The Scottish National Investment Bank has been confirmed as a key sponsor of this year’s Invest2Scale event in Edinburgh. The bank, along with MarktoMarket and Cazenove Capital, has reaffirmed its support after sponsoring last year’s inaugural Invest2Scale gathering.

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Edinburgh-based enterprise training platform Administrate has secured a £5 million investment round from current backers Archangels, Mercia, and the Scottish National Investment Bank, with Hambro Perks joining the round as a fresh capital partner. The funding will fuel Administrate's rapid exp

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