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 Networking

M2M Cloud

Grant in 2022
M2M Cloud is an internet of things (IoT) company delivering device to cloud solutions.

Mangata Networks

Series A in 2022
Developer of satellite-enabled telecommunication technology designed to help businesses create a bridge between connectivity and access. The company's technology enables seamless integration into networks and lets scaling of data connectivity across geographies, enabling businesses to save money and have access to continuous connectivity.
R3 IoT enables organisations to access their critical operational data by automating the collection of sensor data. This data is transferred from remote operations to the cloud via satellite providing business leaders and operational management the capability to make better decisions and reduce inefficiencies.

Beeks Group

Grant in 2020
Beeks Financial Cloud is a niche cloud computing and connectivity provider for automated (also known as algorithmic) trading in Forex and Futures financial products. The Beeks platform has been specifically designed for latency sensitive automated trading environments and provides 'on demand' low latency computing resources to its clients through its direct connectivity to the leading Financial Exchanges across the world. The Group is headquartered in Glasgow and operates from nine operating datacentre locations in London, New Jersey, Chicago, Frankfurt, Tokyo and Hong Kong. Each is connected via a dedicated fibre network and Beeks has connections to various Financial Exchanges including CME and CBOE and a number of Trading Venues. The Company employs 28 people across the UK, US, Austria, and Japan and engages seven contractors in Indonesia, one in the USA and one in Japan.

IOTech

Series A in 2019
IOTech Systems Limited specializes in developing and deploying open and secure software edge platforms tailored for the Industrial Internet of Things (IIoT). The company addresses critical challenges in IoT deployments, such as latency, network bandwidth, reliability, and security, which traditional cloud-only models cannot effectively manage. IOTech offers a scalable, software-defined compute infrastructure that allows applications and services to be orchestrated locally across various domains. Central to its offerings is EdgeX Foundry, an open-source edge software platform that promotes interoperability among devices, applications, and services. Additionally, IOTech provides Edge Xpert, a commercial-grade platform designed for IIoT edge computing, which includes full support and maintenance subscriptions. Their services encompass onboarding partner software, operational technology integration, platform testing, and tailored training solutions. Established in 2017 and headquartered in Newcastle upon Tyne, United Kingdom, IOTech aims to enhance the deployment speed of IoT systems while minimizing integration costs for its partners across diverse market sectors.

Star Net Geomatics Ltd.

Venture Round in 2012
Star Net Geomatics Ltd. provides a wide range of surveying, inspection and design services to the telecommunications, renewables, civil engineering, oil and gas and nuclear sectors.

Star Net Geomatics Ltd.

Venture Round in 2011
Star Net Geomatics Ltd. provides a wide range of surveying, inspection and design services to the telecommunications, renewables, civil engineering, oil and gas and nuclear sectors.
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