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
Scottish National Investment Bank
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
Equity Gap and the Scottish Investment Bank, the investment arm of Scottish Enterprise, have invested £1.22 million in Edinburgh-based home security tech specialist Boundary to create new jobs and prepare its smart home security alarm for launch. Boundary is the invention of Robin Knox and Pau
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
Edinburgh-based personal finance app Money Dashboard has raised over £4.6 million to allow the fintech to triple its staff numbers.
Archangels investment group has invested £2 million in digital marking consultancy Queryclick. Invested in partnership with the Scottish Investment Bank (SIB), the money will help the Edinburgh-based company complete its expansion drive.
Two Scottish digital archiving businesses have joined forces to disrupt the global film digitisation industry and take advantage of a growing international market, thanks to investment from the investment syndicate Kelvin Capital and the Scottish Investment bank, the investment arm of Scot
The proposed Scottish National Investment Bank (SNIB) should not try to compete with the private sector on salaries, but instead attract talent by being "mission-orientated", a leading economist has said. Professor Mariana Mazzucato of University College London, an economic advisor to the Scottish G
Kerry Sharp The investment arm of Scottish Enterprise, the Scottish Investment Bank (SIB), has announced it invested a record £63.5 million into 146 Scottish companies in the most recent financial year.
The Scottish Government should explore the creation of a new Scottish National Investment Bank, delegates at the SNP's national conference have said. Party delegates gave unanimous backing on Friday to a motion which said the devolved government should be "examining the feasibility and the creation