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
Scottish National Investment Bank
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
Anderson Anderson & Brown LLP (AAB) has secured a six-figure investment for Aqualife Services Limited. The funding will be used to help facilitate the company's growth.
Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament. The new institution will direct investments that deliver economic, environmental and social returns, and help Scotland’s journey towards net-zero carbon emissions. It will aim t