Scottish National Investment Bank

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Edinburgh-based manufacturer of golf technology and improvement products Shot Scope has raised £2.7 million in a series A funding round headed by Guinness Ventures which invested £2.1m. The round also includes investment from the Scottish Investment Bank, Old College Capital – the

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Environmentally friendly space rocket manufacturer and satellite launch provider Orbex is preparing to expand its operations after it received a £17.8 million investment from the Scottish National Investment Bank. The scale-up support, which is part of an overall £40m Series C funding ro

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Eilidh Mactaggart, the former chief executive of Scotland's state-backed investment bank, The Scottish National Investment Bank (SNIB), was paid more than twice as much as First Minister Nicola Sturgeon. The SNIB's first year results have revealed that Ms MacTaggart received almost £350,000, d

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Invest2Scale has announced key sponsors which will be supporting next month’s inaugural event where revenue-generating, scalable Scottish companies will be showcased. The list of sponsors includes MarktoMarket, British Business Bank, The Scottish National Investment Bank, Cazenove Capital, and

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A derelict brownfield site in the west of Edinburgh is to be transformed into a multi-purpose country park and leisure facility with £26 million backing from the Scottish National Investment Bank (SNIB) The Wavegarden Scotland redevelopment of the disused Craigpark Quarry near Ratho will see t

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Scottish wireless communications tech company, pureLiFI, has received £10 million in funding from the Scottish National Investment Bank. The following the funding, the Edinburgh based firm is planning a global roll out of their technology, which uses light to transmit data rather than conventi

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The Scottish Government will provide capital investment of £581 million to support the economy over the next four years through its enterprise agencies and the Scottish National Investment Bank (SNIB). In the Resource Spending Review published yesterday and covering the period from 2023/24 to

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The Scottish National Investment Bank (SNIB) has spent £1750,000 in recruitment fees after it hired London-based Spencer Stuart to help it find a new chief executive after Eilidh Mactaggart resigned earlier this year. Scottish Financial News reported in February that Ms Mactagagrt resigned, wh

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The Scottish National Investment Bank (SNIB) has underperformed because it is too "unfocused" and the Scottish government should "hit the reset button", a report published by a centre-right think tank has said. A new report produced for Reform Scotland by Professor Ross Brown, professor in entrepren

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Aberdeen-based biopharmaceutical company Elasmogen has secured an £8 million investment from BGF and the Scottish National Investment Bank, with additional support from existing investor Scottish Enterprise. The multi-million-pound investment will enable Aberdeen-based Elasmogen to continue de

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