Scottish National Investment Bank

Tidal energy pioneer Nova Innovation has secured £6.4 million from the Scottish National Investment Bank (SNIB) to fund manufacturing and distribution of its innovative subsea tidal turbines. The investment will see Edinburgh-based Nova, whose innovative 100kW tidal turbines have been deployed

The Scottish National Investment Bank (SNIB) has committed £50 million over five years to the creation of new woodland and forestry management in Scotland.

Scotland’s first factory producing carbon-negative insulation for homes and commercial properties is to be established following a £3 million investment from the Scottish National Investment Bank (SNIB). Sustainable construction materials business IndiNatureplans to open its new Borders

The Scottish National Investment Bank (SNIB) has invested £2 million in Forev – the electric vehicle charging network owner and operator – to help tackle the lack of charging infrastructure in Scotland. The equity investment will support Forev in its ambition to create a network of

Glasgow-based connectivity start-up R3-IoT is gearing up for international expansion after closing a £3.1 million seed investment round led by US-based venture capital firm Space Capital, joined by the Scottish National Investment Bank. Other investors include the University of Strathclyde, al

A green energy scheme that was refused funding by the Scottish National Investment Bank (SNIB) a few weeks ago has secured funding from London-based AMP Clean Energy, one of Europe’s top infrastructure investment groups. The £6 million project to enable the Bunnahabhain Distillery on Isl

The new Scottish National Investment Bank (SNIB) has been set three core missions to ensure it addresses the “grand challenges” facing Scotland. The missions have been confirmed to the Bank after being approved by MSPs.

The Scottish National Investment Bank (SNIB) has officially opened for business with the completion of its first major investment. It is the UK’s first mission-led development bank and it is being capitalised by the Scottish Government with £2 billion over ten years.

Larbert-based medical device business Clear Surgical has secured £280,000 of new investment from existing shareholders, in an oversubscribed funding round. Led by the investment syndicate Kelvin Capital, and with Scottish Health Innovations Ltd (SHIL) and Scottish Investment Bank particip

Glasgow-based Talking Medicines, the world’s first social intelligence company for the pharmaceutical industry, has secured a £1.1 million funding deal to scale up its AI-based data technology platform for measuring patient sentiment. Tern Plc, the investment company specialising in

Eight non-executive directors have been appointed to the board of the Scottish National Investment Bank (SNIB) ahead of its launch in the final quarter of 2020. Fiona Hyslop, the cabinet secretary for economy, fair work and culture, today announced the appointment of Tracey Ashworth-Davies, Carolyn

The Scottish National Investment Bank (SNIB), Scotland's state investment bank, is set to launch before December this year. 

Three core missions for the new Scottish National Investment Bank (SNIB) have been laid before the Scottish Parliament for consultation.

The Scottish National Investment Bank (SNIB) must be structured and governed effectively in order to meet its potential, according to a think-tank which has recommended policies which it believes can be introduced under the present devolved settlement to "democratise our economy, build com

Scottish thermal storage company Sunamp has raised £4.5 million in a Series A financing round led by Chilean venture capital firm Aurus Capital. Aurus Capital is one of the largest in Latin America with a specialisation in Industrial-Tech & Impact investments. The Scottish Investment Bank