Scottish Enterprise

Scottish Enterprise is Scotland's primary economic development agency, operating as a non-departmental public body of the Scottish Government. Its mission is to foster economic growth by supporting the development of innovative, high-wage industries with a strong international presence. The organization plays a crucial role in assisting small and medium-sized enterprises (SMEs) in securing financing, helping them engage with funders and access the necessary capital for expansion. Scottish Enterprise invests through its arm, the Scottish Investment Bank, which focuses on various sectors, including renewable energy, life sciences, and creative industries. The firm engages in both direct and fund-of-fund investing, typically providing financial support in the form of equity or loans ranging from £0.01 million to £10 million. Additionally, it collaborates with public and private sectors and works alongside UK and international investors to enhance the funding landscape for Scottish businesses. Through these initiatives, Scottish Enterprise aims to create a sustainable economic impact and strengthen the funding market within Scotland.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Mark Hallan

Global Director, Strategic Relationships

Linda Hanna

Interim CEO

Jane Martin

Managing Director of Innovation and Investment

Jim McFarlane

Managing Director of Operations

Charlie Smith

Managing Director of Scottish Development International and Group Head of Strategy and Technology

Past deals in Electric Vehicle

Mocean Energy

Seed Round in 2022
Mocean Energy focuses on developing innovative technologies that capture wave energy to support the transition to a zero-carbon future. The company has created an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter employs a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables the use of reliable and cost-effective renewable energy for various subsea applications, including control systems, remotely operated vehicles (ROVs), and autonomous underwater vehicles.

Trojan Energy

Venture Round in 2022
Trojan Energy Limited specializes in providing charging infrastructure solutions for electric vehicles globally. Founded in 2016 and based in Stonehaven, United Kingdom, the company focuses on the installation of on-street flat and flush electric vehicle charging points. This innovative approach addresses the needs of vehicle owners who lack access to off-street parking, facilitating the broader adoption of electric vehicles.

Trojan Energy

Series A in 2021
Trojan Energy Limited specializes in providing charging infrastructure solutions for electric vehicles globally. Founded in 2016 and based in Stonehaven, United Kingdom, the company focuses on the installation of on-street flat and flush electric vehicle charging points. This innovative approach addresses the needs of vehicle owners who lack access to off-street parking, facilitating the broader adoption of electric vehicles.

Arcola Energy

Grant in 2021
Arcola Energy is a leader in hydrogen and fuel cell integration, specializing in zero-emission solutions for heavy-duty vehicles and transport applications.

Freeflow Technologies

Venture Round in 2020
Freeflow Technologies Limited, founded in 2012 and headquartered in Glasgow, United Kingdom, specializes in the development of e-bikes, particularly the SALTIRE model, which is recognized as the world’s lightest and most environmentally friendly e-bicycle. The SALTIRE is designed to be over 30% lighter than existing models, showcasing the company's commitment to user-centric design and sustainability. Freeflow Technologies holds a patented technology that enhances the performance and aesthetics of its e-bikes, positioning them competitively in the market. The company's innovations aim to improve both powered and unpowered cycling experiences.

Mocean Energy

Seed Round in 2020
Mocean Energy focuses on developing innovative technologies that capture wave energy to support the transition to a zero-carbon future. The company has created an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter employs a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables the use of reliable and cost-effective renewable energy for various subsea applications, including control systems, remotely operated vehicles (ROVs), and autonomous underwater vehicles.

EC-OG

Debt Financing in 2020
EC-OG is a developer of subsea power hub technology designed to generate, store, and supply remote electrical power. Its technology utilizes remote power generation to convert the energy within ocean currents and tides to electrical energy, store this energy and deliver electrical power to subsea assets, enabling clients to use clean and renewable energy sources without polluting the environment around them. The company was founded in 2013 and is headquartered in Bridge of Don, Aberdeen.

Sunamp

Series A in 2020
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Sunamp

Venture Round in 2020
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Trojan Energy

Seed Round in 2020
Trojan Energy Limited specializes in providing charging infrastructure solutions for electric vehicles globally. Founded in 2016 and based in Stonehaven, United Kingdom, the company focuses on the installation of on-street flat and flush electric vehicle charging points. This innovative approach addresses the needs of vehicle owners who lack access to off-street parking, facilitating the broader adoption of electric vehicles.

EC-OG

Venture Round in 2020
EC-OG is a developer of subsea power hub technology designed to generate, store, and supply remote electrical power. Its technology utilizes remote power generation to convert the energy within ocean currents and tides to electrical energy, store this energy and deliver electrical power to subsea assets, enabling clients to use clean and renewable energy sources without polluting the environment around them. The company was founded in 2013 and is headquartered in Bridge of Don, Aberdeen.

EC-OG

Venture Round in 2020
EC-OG is a developer of subsea power hub technology designed to generate, store, and supply remote electrical power. Its technology utilizes remote power generation to convert the energy within ocean currents and tides to electrical energy, store this energy and deliver electrical power to subsea assets, enabling clients to use clean and renewable energy sources without polluting the environment around them. The company was founded in 2013 and is headquartered in Bridge of Don, Aberdeen.

Sunamp

Series A in 2018
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

cyclotricity

Grant in 2018
First company to manufactures e-bikes in Britain, also known for UK's best selling electric bike conversion kit. All motors are handmade by Cyclotricity Ltd

Dukosi

Venture Round in 2018
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Dukosi

Series A in 2017
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Dukosi

Venture Round in 2015
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Sunamp

Seed Round in 2015
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Dukosi

Venture Round in 2014
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Dukosi

Venture Round in 2014
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Dukosi

Venture Round in 2013
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Dukosi

Venture Round in 2012
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.

Dukosi

Venture Round in 2012
Dukosi Ltd designs, develops, and manufactures battery management systems for automotive industry. It offers cell sensor products for hybrid, plug-in hybrid, and electric automotive vehicles; mobility vehicles; and smart grids. The company’s products enable monitoring the health of individual battery cells. Dukosi Ltd was founded in 2003 and is based in Edinburgh, United Kingdom.
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