Scottish National Investment Bank

Over £40 million of public funds are expected to be lost following the collapse of M Squared Lasers, the first company ever backed by the Scottish National Investment Bank (SNIB). The Glasgow-based technology firm fell into administration in August, owing more than £60m to creditors afte

AI robotics firm Launchpad has raised $11 million (c. £8.2 million) in a Series A funding round to accelerate its expansion and technology development.

Law firm Burges Salmon has advised AlphaReal, the specialist real assets investment manager, on a bespoke £40 million lending solution to Highland Broadband, enabling the substantial expansion of its fibre network across rural Scotland. The Scottish National Investment Bank is also supporting

Land reform campaigners are calling on the taxpayer-funded Scottish National Investment Bank (SNIB) to reconsider its financial relationship with Gresham House, an asset management group that has become Scotland's second-largest private landowner.

The Scottish National Investment Bank (SNIB) has reported an unrealised paper loss of £77 million in its latest annual report, attributing the figure to valuation changes across its portfolio in a “challenging economic context". Despite the loss, the taxpayer-owned bank highlighted its o

Edinburgh-based broadband company, GoFibre, has completed a £125 million funding round that will support its delivery of two Project Gigabit contracts in the south and north east of Scotland, covering the Borders, East Lothian, Angus, Aberdeenshire and the Moray coast. The round is led by a &p

Rural communities across Scotland are in line for an economic boost in the wake of a new £50 million investment in Highland Broadband’s ultra-fast broadband network. Scotland’s Deputy First Minister Kate Forbes is set to unveil the new capital secured by the Edinburgh and Inverness

Clean technology company, Innovatium Group Limited, has secured a £3 million investment from the Scottish National Investment Bank (SNIB) and Hitachi Industrial Equipment Systems (HIES). The funding will support the East Kilbride-based company to accelerate the deployment of its patented, PRIS

Glasgow-based data and property technology firm, Utopi, has received a further £5 million investment from the Scottish National Investment Bank. The funding will support the company in delivering several long-term contracts and drive its next phase of growth.

The Scottish National Investment Bank is to work with Scotland’s Towns Partnership (STP), the organisation which champions the nation’s town centres, on strategic initiatives this year. This is a working relationship designed to encourage new and innovative investment opportunities to fu

The Scottish National Investment Bank will not be able to end its reliance on public funding unless ministers can make a case for UK Treasury rules to change, Scotland's Auditor General has said. The bank was launched in 2020 to independently invest in commercial projects that will help address the

Edinburgh-based digital forensics company, Cyacomb, has appointed a new chair and secured an additional £2.25 million from the Scottish National Investment Bank to further scale the company and expand the international application of its technology. Cyacomb’s technology quickly and thoro

Scotland’s economic growth is being held back by a chronic shortage of housing, and urgent action is required to remove this barrier to investment and jobs, a new report from Prosper (Scottish Council for Development and Industry) has warned today. Drawing on insights from over 100 stakeholder

Aberdeen-based NCIMB Limited, a microbiology services provider holding the UK's largest industrial bacterial culture collection, has secured £1.7 million in funding. The investment comes from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners, and the Scottish National I

Al Denholm, chief executive officer of the Scottish National Investment Bank, has announced his intention to retire later this year, concluding a 40-year career in finance. Mr Denholm will remain in his post for at least a further six months until a successor is appointed to ensure a smooth leadersh