Scottish National Investment Bank

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

Edinburgh-based immune-oncology firm Macomics has secured £3.2 million seed funding from Epidarex Capital and the Scottish Investment Bank. Macomics, which is a University of Edinburgh spin-out, will use the proceeds of this fundraising round to develop novel, first-in-class immunotherapies de

New Wave Foods, trading as Shore the Scottish Seaweed company, has grown its product range on the back of a £1.7 million finance package. Alness-based Shore uses sustainably harvested Scottish seaweed to manufacture plant-based snacks and foods. It launched its first range of snacks in late 20

The development of a high-head (142m) hydropower scheme on the Barr River near Loch Teacuis in Lochaber has secured a new finance arrangement from Triodos Bank UK and the Scottish Investment Bank.

Aberdeen-based green-tech start-up Trojan Energy has secured a £4.1 million round of seed funding to support the roll-out of its on-street flat and flush electric vehicle (EV) charging points.

UniKLasers Limited, a manufacturer of high precision scientific laser instrumentation used in an array of industrial applications, has closed a £750,000 financing round led by Par Equity with support from The Scottish Investment Bank.  The investment in UniKLasers is the second that

Vert Technologies, the Edinburgh-based leading-edge compressor manufacturer, has secured £729,000 in new funding from a clutch of existing investors, including Par Equity, Equity Gap, Aero Den and the Scottish Investment Bank, the investment arm of Scottish Enterprise. Award-winning innov

Eilidh Mactaggart has been appointed the first CEO of the Scottish National Investment Bank. With over 20 years of global experience in banking and investment management, she will lead the Bank’s mission-based approach to investing in Scotland’s economy.

Amphista Therapeutics, a University of Dundee spin-out, has announced a multi-million-pound deal to develop first-in-class cancer therapeutics that harness the body’s natural processes to selectively and efficiently degrade and remove disease-causing proteins. The spin-out has announced the cl

Livingston-based Optoscribe Ltd, a supplier of 3D glass-based integrated photonic components, has closed its latest investment round led by Archangel.

Aberdeen-based technology business Dynamic Edge has become a £5 million turnover firm and extended its geographical reach following the acquisition of an IT company in the south of England. Dynamic Edge has acquired Hampshire-based information technology firm Tekkers IT Solutions. Th

Oban-based whisky distillery Nc'nean has secured over £1.7 million from investors to accelerate growth in the highland distillery.

Aberdeen-based gas flow management company GM Flow has secured a six-figure investment package from the Scottish Investment Bank (SIB), the investment arm of Scottish Enterprise, Alba Equity and Eos Advisory. The investment, which has been secured from SIB, Aberdeen-based Alba Equity and St And

Pheno Therapeutics, a new drug-discovery spin-out from the University of Edinburgh, has been launched with the backing of Series A funding totalling £5 million from Advent Life Sciences, the Scottish Investment Bank and LifeArc. With the £5m funding spanning over its first three years, P