Scottish National Investment Bank

Edinburgh-based biotech start-up MiAlgae has secured an investment of £1 million from Hillhouse Capital, Equity Gap, Scottish Investment Bank and Old College Capital. Hillhouse Group is the newest organisation to join the group of investors.

Edinburgh-based Current Health has closed a £9 million ($11.5m) Series A funding round led by MMC Ventures and Legal & General. Par Equity and the Scottish Investment Bank, the investment arm of Scottish Enterprise also participated in this funding round.

Edinburgh-based Cyan Forensics has secured £1.3 million in funding from Triple Point Investment Management, Mercia, SIS Ventures, the Scottish Investment Bank and private investors. Cyan Forensics' digital analysis tool can find terrorist handbooks or child sexual abuse material on devices wit

The Scottish Investment Bank (SIB) has invested in Edinburgh-based IoTech as part of its $7.5 million Series A funding round. The funding round will help accelerate product delivery and build its global sales & marketing team.

Willie Watt has been appointed as the first chair of the board of the Scottish National Investment Bank. Willie Watt was CEO of Martin Currie, an international public equities investment firm based in Edinburgh, between 2001 and February of 2019, and will step down as chairman of the firm in Decembe

Dundee-based Snappy Shopper has received a seven-figure funding boost with investment from Kelvin Capital, Mercia, the Scottish Investment Bank and the management team. Snappy Shopper is a tech firm with an online platform which helps convenience stores and small corner shops to monopolise on t

Edinburgh-based technology company PureLifi has successfully raised $18 million to enable it to launch its technology to mass-market mobile devices and lighting manufacturers. Funding was provided by the Scottish Investment Bank and Temasek, an investment company headquartered in Singapore.

Tayport-based food processing equipment manager Foodmek has obtained a £500,000 loan from Scottish Loan Scheme (SLS) to help activate its growth plan. The company has said that it aims to use the loan from the SLS, which is administered by the Scottish Investment Bank, the investment

The Scottish Investment Bank (SIB) has joined Maven Capital Partners in a £5.3 million funding round for e.fundamentals. The funding provided by the two will allow the E-commerce analytics firm to work towards expanding into overseas markets.

Invizius, the University of Edinburgh spin-out whose technology could help reduce the high death rates amongst dialysis patients, has raised £2.75 million from a consortium of investors. The funding round was led by Mercia and included Downing Ventures, the University’s Old College Capit

Kelvin Capital has led a £2m funding round for biotech business ProFactor Pharma to accelerate its work in developing a treatment for Haemophilia A. Kelvin Capital led the funding round, supported by Ingenza Ltd and the Scottish Investment Bank, the investment arm of Scottish Enterprise.

A bill to support the set-up of the Scottish National Investment Bank passed its first stage yesterday following a debate in the Scottish Parliament. The Scottish Government said the bank’s primary mission will be to secure the transition to a net-zero economy as it works with businesses to id

Ahead of the stage one debate on the establishment of the Scottish National Investment Bank (SNIB) in the Scottish Parliament this afternoon, economy secretary Derek Mackay has written about what the bank will mean for the future of the Scottish economy. Today marks another important step forward fo

The Programme for Government revealed by the Scottish Government yesterday promised £130 million to be made available this year to set up the Scottish National Investment Bank.

LendingCrowd has recruited four new senior business development managers to help fund the ambitions of more small and medium-sized businesses. The Edinburgh-based company, and the only Fintech lending platform headquartered in Scotland, has hired Chris Mitchell, Anthony Allen, Fraser McKay and Keith