Scottish Enterprise

Scottish Enterprise is Scotland's primary economic development agency, functioning as a non-departmental public body of the Scottish Government. Established in 1991 and based in Glasgow, it aims to enhance Scotland's economic landscape by fostering an innovative and productive economy with a strong international presence. The agency collaborates with both public and private sectors to identify and leverage opportunities for sustainable economic growth. It supports small and medium-sized enterprises (SMEs) by connecting them with appropriate funding sources, facilitating access to finance, and assisting in management and growth strategies. Scottish Enterprise specifically targets sectors such as food and drink, creative industries, financial services, renewable energy, healthcare, and biotechnology. Additionally, it partners with various investors, including business angels and venture capitalists, to strengthen the funding landscape for Scottish businesses, ultimately contributing to the broader objectives outlined in its business plan.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Victoria Carmichael

Commercial Director

Mark Hallan

Global Director, Strategic Relationships

Jane Martin

Managing Director Of Business Services

Jim McFarlane

Managing Director of Operations

Kerry Sharp

Director of Entrepreneurship and Investment

Charlie Smith

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

Susan Armes

Senior Investment Manager

Past deals in Europe

Cytomos

Venture Round in 2024
Cytomos Limited is a biotechnology company based in Edinburgh, United Kingdom, that specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. Founded in 2011, the company utilizes its patented Dielectric Spectroscopy (CDS) technology to enable label-free cell analysis, providing detailed insights at single-cell resolution. This technology supports various applications in biopharma and cell therapy by facilitating automated, quantitative assessments of samples and enhancing phenotypic drug discovery. Cytomos’ system is designed to scale across all upstream production stages, leveraging machine learning algorithms to analyze extensive data from individual cells, thus improving the efficiency of cell-based diagnostics and enabling researchers to optimize therapeutic dosing.

ILC Therapeutics

Venture Round in 2024
ILC Therapeutics Ltd is a biotechnology company based in Lanarkshire, United Kingdom, specializing in the modulation of the innate immune system through the development of novel peptide therapeutics. Founded in 2012 and formerly known as Alfacyte Limited, the company focuses on creating hybrid interferons, which are innovative medicines that combine features from various natural interferon subtypes. These hybrid molecules aim to enhance therapeutic efficacy and improve safety across several high-value areas, including cancer, atopic dermatitis, psoriasis, and COVID-19. By advancing this new class of therapeutics, ILC Therapeutics seeks to improve patient outcomes and contribute to the treatment of challenging diseases.

University of Dundee Endowment

Grant in 2024
The University of Dundee is an esteemed educational institution located in Dundee, United Kingdom, recognized for its excellence in Biological Sciences, ranking among the best in the U.K. and internationally. The university manages an endowment fund, the earnings from which are directed towards supporting various academic initiatives, including scholarships, professorships, and fellowships. These funds also contribute to basic research and enhance both academic and public service programs. The endowment's assets are overseen by the university's executive management team, ensuring that the financial resources effectively support the institution's mission and strategic goals.

ULEMCo

Venture Round in 2024
ULEMCo Limited is a company based in Liverpool, United Kingdom, that focuses on retrofitting hydrogen hybrid combustion technology for commercial vehicles. Established in 2014, ULEMCo specializes in converting diesel transit vans and other heavy-duty vehicles to operate on a hydrogen-diesel mix, thereby promoting a transition to cleaner fuel alternatives. The company also conducts research and development aimed at creating zero-emission hydrogen engines and fuel cell vehicles, which include specialized applications such as ambulances, fire engines, and refuse trucks. By advancing hydrogen technology, ULEMCo aims to support the automobile industry in reducing air pollution and enhancing environmental sustainability.

Phlo

Venture Round in 2024
Phlo is a digital pharmacy based in London, established in January 2019 by Nadeem Sarwar. The company specializes in delivering both NHS and private prescriptions directly to patients, offering services for both repeat and acute prescriptions. Phlo's platform allows users to create accounts, manage their medical records, and request medications conveniently online. By leveraging technology and analytics, Phlo focuses on providing real-time, on-demand delivery of prescriptions, ensuring that patients can receive their medications safely and securely at their preferred location. This approach not only saves time for users but also alleviates the challenges associated with traditional pharmacy visits.

EnteroBiotix

Series B in 2024
EnteroBiotix Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in researching, developing, and commercializing orally available products for fecal microbiota transplantation. The company creates microbiome-modulating drugs composed of bacterial communities derived from the human gastrointestinal tract, aimed at restoring health and preventing bacterial infections. EnteroBiotix focuses on addressing serious unmet medical needs by offering tailored high-diversity microbial therapeutics, which help physicians prevent and treat debilitating infections and diseases linked to imbalances in gut bacteria.

Kingdom Technologies

Grant in 2024
Kingdom Technologies Ltd. is a company based in Glasgow, United Kingdom, established in 2018. It specializes in the development and manufacturing of robotic lawn mowers designed specifically for large terrains. The innovative approach taken by Kingdom Technologies aims to enhance lawn care efficiency through automation, catering to a growing demand for advanced landscaping solutions.

Aurum Biosciences

Venture Round in 2024
Aurum Biosciences Ltd is a pharmaceutical company based in Glasgow, United Kingdom, specializing in the development of innovative treatments for various clinical conditions with significant unmet medical needs. Founded in 2010, the company is focused on its lead product, ABL101, which is aimed at managing acute ischaemic stroke. This product incorporates a unique perfluorocarbon technology that carries oxygen to organs and tissues, independent of hemoglobin levels. Aurum also utilizes proprietary image analysis software in conjunction with magnetic resonance imaging to enhance the assessment of stroke patients. The company is in the final stages of preclinical development and plans to initiate clinical studies to evaluate the efficacy and safety of ABL101 soon. Additionally, Aurum is exploring follow-on programs targeting heart disease, cancer, epilepsy, and dementia, demonstrating its commitment to addressing diverse health challenges.

Trojan Energy

Venture Round in 2024
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.

Mocean Energy

Venture Round in 2023
Mocean Energy, founded in 2015 and based in Edinburgh, United Kingdom, specializes in developing innovative technologies that harness wave energy to promote a transition to a zero-carbon future. The company focuses on an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter drives a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables customers to access reliable and affordable renewable energy to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles.

Beta Bugs

Venture Round in 2023
Beta Bugs is an insect genetics company focused on developing high-performance breeds of Black Soldier Fly for insect farmers. The company's primary mission is to enhance the productivity of the insect protein sector, making it competitive with traditional feed ingredients such as fishmeal and soymeal. To achieve this, Beta Bugs operates a breeding program called HiPer-Fly® and runs an egg production site known as The Multiplier®, supplying its breeds to both UK and international markets. By leveraging biotechnology and breeding techniques, Beta Bugs aims to establish a sustainable protein source that converts food waste into high-quality protein for use in livestock, aquaculture, and pet feed, thereby providing an alternative to conventional feed sources. The company is headquartered at the Easter Bush Campus, collaborating with the Roslin Institute, a leader in animal genetics.

Microplate Dx

Seed Round in 2023
Microplate Dx is a developer of diagnostic technology focused on reducing fatalities from drug-resistant infections. As an award-winning spinout from the University of Strathclyde in Glasgow, the company aims to address the global health challenge of antimicrobial resistance. Microplate Dx's innovative solutions utilize highly sensitive biosensor electrodes, combined with miniaturized hydrogel deposits containing antibiotics specific to the infection being detected. Their medical diagnostic device provides a low-cost and accurate point-of-care alternative, enabling rapid antibiotic prescribing in under one hour. This approach enhances antibiotic stewardship and strives to manage the spread of antimicrobial resistance effectively.

Enough

Series C in 2023
Enough is a technology spin-out from the University of Strathclyde focused on the development and commercialization of innovative mycoprotein-based food products. The company aims to enhance the sustainability of protein production by integrating its manufacturing processes into existing bio-refinery operations that produce bio-ethanol and animal feed. This approach not only optimizes the production of food but also contributes to a circular economy by utilizing resources efficiently. Enough's products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions. The fermentation process employed is zero-waste, resulting in food ingredients that provide all essential amino acids and are high in dietary fiber, making them viable substitutes for meat at a low cost.

Cytomos

Series A in 2023
Cytomos Limited is a biotechnology company based in Edinburgh, United Kingdom, that specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. Founded in 2011, the company utilizes its patented Dielectric Spectroscopy (CDS) technology to enable label-free cell analysis, providing detailed insights at single-cell resolution. This technology supports various applications in biopharma and cell therapy by facilitating automated, quantitative assessments of samples and enhancing phenotypic drug discovery. Cytomos’ system is designed to scale across all upstream production stages, leveraging machine learning algorithms to analyze extensive data from individual cells, thus improving the efficiency of cell-based diagnostics and enabling researchers to optimize therapeutic dosing.

Administrate

Venture Round in 2023
Administrate Limited is a cloud-based training management solution provider based in Edinburgh, United Kingdom, with an additional office in Bozeman, Montana. Established in 2007, the company offers a suite of tools designed to support training companies, internal training departments, and educational institutions. Its primary offerings include CORE, a training management system; a Learning Management System for eLearning; and WEB, which facilitates automatic course listings and online bookings. These solutions enable users to define employee learning plans, manage course logistics, and track progress over time. Administrate's platform is designed to enhance operational efficiency and support data-driven decision-making, making it suitable for a variety of training environments, including executive education and vocational training, both in the United Kingdom and internationally.

Exergy3

Grant in 2023
Exergy3 is an energy storage company that increases energy efficiency and reduces carbon dioxide emissions from industrial processes. It is a spinout from the University of Edinburgh.

Carbogenics

Seed Round in 2023
Carbogenics Ltd is a company based in Edinburgh, United Kingdom, specializing in the development and production of sustainable fertilizers and bio-additives. Established in 2016, Carbogenics has created an innovative process that transforms disposable coffee cups and other non-recyclable paper waste into a carbon-rich material, known as CreChar. This product serves as a carbon additive that enhances biogas production in anaerobic digestion and improves plant growth, ultimately benefiting farmers by increasing crop yields and profitability. In addition to its product offerings, Carbogenics also provides consultancy and analytical services to operators in the anaerobic digestion and wastewater treatment sectors, addressing customer inquiries through various communication channels.

Manus Neurodynamica

Venture Round in 2023
Manus Neurodynamica Ltd specializes in manufacturing medical diagnostic technologies aimed at identifying and monitoring neuromotor impairments, particularly focusing on Parkinson's disease. Founded in 2008 and based in North Shields, United Kingdom, the company has developed a triage device that supports early diagnostics for this condition. Its innovative technology integrates analytical software to assess a patient's movement parameters by examining subtle limb and hand motions. This capability allows clinicians to quantify fine motor skills and motion features, enhancing the diagnosis and ongoing monitoring of Parkinson's disease. Manus Neurodynamica's solutions are utilized across various sectors, including academic and pharmaceutical research, as well as non-medical applications, contributing to improved efficiency and reduced costs in specialist neuromotor services.

Causeway Therapeutics

Venture Round in 2023
Causeway Therapeutics Ltd is a clinical-stage biopharmaceutical company based in Glasgow, United Kingdom, focused on developing innovative microRNA therapies for musculoskeletal health. Founded in 2015, the company specializes in treating tendon injuries and disorders in both humans and horses. Its primary products include EquiMiR, designed to treat equine tendinopathy by mimicking natural microRNA with enhanced pharmacological properties, and TenoMiR, which aims to restore key microRNA levels to enhance tendon strength and aid recovery. By targeting the molecular mechanisms that lead to tendinopathy, Causeway Therapeutics seeks to provide effective solutions for managing pain and promoting healing in damaged tendons.

Phlo

Series A in 2023
Phlo is a digital pharmacy based in London, established in January 2019 by Nadeem Sarwar. The company specializes in delivering both NHS and private prescriptions directly to patients, offering services for both repeat and acute prescriptions. Phlo's platform allows users to create accounts, manage their medical records, and request medications conveniently online. By leveraging technology and analytics, Phlo focuses on providing real-time, on-demand delivery of prescriptions, ensuring that patients can receive their medications safely and securely at their preferred location. This approach not only saves time for users but also alleviates the challenges associated with traditional pharmacy visits.

Vector Photonics

Seed Round in 2023
Vector Photonics is a spin-out company from the University of Glasgow, located in Glasgow, Scotland, a notable center for optical and photonics innovation. The company specializes in developing advanced semiconductor laser technology aimed at enhancing data communications and additive manufacturing processes, including metal and plastic printing. Its innovative approach centers on photonic crystal surface-emitting lasers, which are cost-effective and emit light from their top surface, similar to vertical-cavity surface-emitting lasers (VCSELs). This design facilitates easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies, allowing various industries to seamlessly adopt this semiconductor laser technology into their operations.

University of Edinburgh

Grant in 2023
The University of Edinburgh, established in 1583, is the sixth-oldest university in the English-speaking world and one of Scotland's ancient universities. Recognized as one of the most prestigious institutions globally, it offers a diverse range of academic programs across various disciplines, including notable schools such as the Medical School and the Law School. The university is dedicated to excellence in teaching and research, attracting students and scholars from around the world. Its rich history and commitment to innovation make it a key player in higher education, contributing significantly to academic and societal advancements.

University of Aberdeen Endowment

Grant in 2023
The University of Aberdeen, founded in 1495 by William Elphinstone, holds the distinction of being Scotland's third oldest university and the fifth oldest in the UK. Established to train professionals in various fields including medicine, law, and theology, the university has a rich heritage that reflects its commitment to education and community service. King's College, the university's original institution, continues to influence its operations and values. The University of Aberdeen manages an endowment fund that supports its academic mission through a range of financial resources, including unrestricted and restricted endowments. The earnings generated from these investments are utilized to fund scholarships, professorships, fellowships, and various research and public service initiatives. The endowment is overseen by the university's executive management team, ensuring that it aligns with the institution's educational objectives and heritage.

novosound

Venture Round in 2022
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.

Snappy Shopper

Venture Round in 2022
Snappy Shopper LTD is an online food and grocery store based in Dundee, United Kingdom, founded in 2017. The company specializes in delivering a wide range of products, including groceries, beverages, snacks, household goods, and personal care items, directly from local convenience stores to customers' doors, often within 30 minutes. By partnering with well-known brands like SPAR, Nisa, Co-Op, and Premier, as well as numerous independent retailers, Snappy Shopper has created an efficient platform that enhances the shopping experience and provides an additional sales avenue for these stores. With over 105,000 users, customers typically spend an average of £27, significantly surpassing the typical spending in convenience stores. Top-performing partner stores report home delivery retail sales exceeding £10,000 per week, highlighting the effectiveness of Snappy Shopper's service in meeting consumer demand for quick and convenient grocery delivery.

Shot Scope

Series A in 2022
Shot Scope is a company based in Edinburgh, United Kingdom, that specializes in developing performance-tracking devices for golfers. Its technology is designed to collect and analyze various statistics from golf games, allowing players to improve their performance by identifying areas of weakness. The device provides insights into club distances, approaches, short games, tee shots, and putting, enabling golfers to make informed decisions during play and tailor their practice sessions accordingly. The company has been conducting trials on UK golf courses and anticipates a general release of its product.

Adarma

Grant in 2022
Adarma Ltd is a cybersecurity firm based in Edinburgh, United Kingdom, that specializes in providing comprehensive IT security services. Founded in 2008 and previously known as ECS Security Ltd, the company offers a range of solutions focused on threat management, including the design, construction, and operation of security operations centers (SOC). Adarma's services are tailored to enhance clients' cybersecurity capabilities, addressing vulnerabilities and establishing proactive measures against evolving threats. The firm also provides managed SOC environments, vulnerability management, monitoring, and analytics, all aimed at helping organizations effectively defend against cyberattacks and reduce business risk associated with digitalization.

MiAlgae

Series A in 2022
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in producing microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on creating nutrient-rich microalgae, which are high in omega-3 fatty acids and proteins essential for aquaculture and other livestock. By utilizing wastewater remediation in their production process, MiAlgae implements a circular economy approach that lowers operating costs and enhances sustainability. Their innovative methodology not only provides a viable alternative to traditional fishmeal but also supports more sustainable practices in the livestock feed industry, which is valued at £340 billion globally.

Cytomos

Seed Round in 2022
Cytomos Limited is a biotechnology company based in Edinburgh, United Kingdom, that specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. Founded in 2011, the company utilizes its patented Dielectric Spectroscopy (CDS) technology to enable label-free cell analysis, providing detailed insights at single-cell resolution. This technology supports various applications in biopharma and cell therapy by facilitating automated, quantitative assessments of samples and enhancing phenotypic drug discovery. Cytomos’ system is designed to scale across all upstream production stages, leveraging machine learning algorithms to analyze extensive data from individual cells, thus improving the efficiency of cell-based diagnostics and enabling researchers to optimize therapeutic dosing.

Elasmogen

Venture Round in 2022
Elasmogen Ltd is a biopharmaceutical company based in Aberdeen, United Kingdom, focused on developing innovative therapies for inflammatory eye diseases and other autoimmune conditions. The company specializes in soloMERs, which are small, stable proteins derived from variable new-antigen receptors (VNARs) found in sharks. These next-generation therapeutics are unique due to their evolutionary lineage, allowing them to bypass the complex patent landscape associated with traditional antibodies. Elasmogen's pipeline includes programs aimed at autoimmune-mediated inflammation, as well as soloMER-drug conjugates designed for enhanced therapeutic delivery. Additionally, the company has developed NDure, a humanized clinical candidate that extends the plasma half-life of fused partner molecules. Elasmogen holds a strong intellectual property position with over 20 granted patents in various regions, supported by strategic partnerships with Almac Discovery Ltd and Merck Inc. Founded in 2014, the company is dedicated to advancing the treatment options available for patients suffering from sight-threatening and inflammatory diseases.

Biotangents

Venture Round in 2022
Biotangents was founded upon their Leapfrog Assembly™ platform technology for building complex genetic constructs from multiple DNA parts. This was developed through a SMART: Scotland award from Scottish Enterprise and was exe0mplified through the generation of their terpenoid biosynthesis strains. During that successful first year they also developed their DNA randomisation technology, Short Sequence Randomisation™. In 2016, having formulated a concept for a modular cell-free nucleic acid detection technology, Moduleic Sensing™, and with support from SynbiCITE, they commenced development of their first diagnostic test, a highly specific and sensitive solution for pen-side diagnosis of infectious diseases in livestock.

Kingdom Technologies

Seed Round in 2022
Kingdom Technologies Ltd. is a company based in Glasgow, United Kingdom, established in 2018. It specializes in the development and manufacturing of robotic lawn mowers designed specifically for large terrains. The innovative approach taken by Kingdom Technologies aims to enhance lawn care efficiency through automation, catering to a growing demand for advanced landscaping solutions.

WellFish Tech

Seed Round in 2022
WellFish Tech is an aquaculture company headquartered in Bridge of Weir, United Kingdom, focused on enhancing fish health monitoring through rapid and non-lethal blood analysis. Founded in 2021 by Brian Quinn, the company aims to improve the sustainability and productivity of the aquaculture industry. WellFish Tech provides health monitoring services that assess fish stock in marine net pens, including smoltification, toxicity assessment, and aquafeed optimization. Their dynamic diagnostic platform is designed to adapt to the evolving needs of the growing aquaculture sector, enabling industrialists to reduce costs, increase productivity, and ultimately enhance profitability.

Mocean Energy

Seed Round in 2022
Mocean Energy, founded in 2015 and based in Edinburgh, United Kingdom, specializes in developing innovative technologies that harness wave energy to promote a transition to a zero-carbon future. The company focuses on an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter drives a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables customers to access reliable and affordable renewable energy to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles.

Speech Graphics

Series A in 2022
Speech Graphics Ltd, founded in 2010 and based in Edinburgh, United Kingdom, specializes in procedural facial animation solutions for the entertainment industry. The company offers SGX, a software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Its technology has been utilized in various productions, including AAA video games and music videos, and serves applications in communication and training. The firm emerged from the University of Edinburgh's School of Informatics and has collaborated with notable clients such as Warner Brothers and Def Jam Recordings. Speech Graphics has garnered several awards for its innovative technology, including the John Logie Baird Award, and has received development grants from organizations like Scottish Enterprise.

Cumulus Oncology

Venture Round in 2022
Cumulus Oncology Limited is a biotechnology company based in Edinburgh, United Kingdom, focused on developing innovative anti-cancer therapies for clinical settings characterized by high unmet medical needs. Established in 2017, the company targets critical pathways in cancer treatment to enhance the efficacy and outcomes of existing and experimental therapies. Cumulus Oncology's lead candidate is a preclinical oral Chk1 kinase inhibitor designed to facilitate DNA repair, thereby improving treatment effectiveness for cancer patients. The company is supported by a team of seasoned professionals and industry partners with extensive experience in drug discovery and development, providing valuable insights into optimal cancer treatment strategies.

Talking Medicines

Venture Round in 2022
Talking Medicines Limited is a data technology company based in Glasgow, United Kingdom, that focuses on capturing and structuring patient feedback on medications. Its primary offering, the Medsmart application, collects insights on how and why patients take their medications. The company utilizes advanced artificial intelligence and natural language processing to analyze unstructured social feedback, providing pharmaceutical companies with deep insights into patient experiences. Through its PatientMetRx® platform, Talking Medicines enables clients to make data-driven marketing decisions by delivering comprehensive patient insights that enhance advertising effectiveness and improve health outcomes. Additionally, the company offers various services, including real-world persona data reports, digital focus group solutions, and custom analytics tailored to specific medicines. Founded in 2013 and rebranded from Virtual Genie Limited in 2015, Talking Medicines serves the pharmaceutical and healthcare sectors, aiming to revolutionize the industry by providing unprecedented access to patient voices.

Pneumagen

Venture Round in 2022
Pneumagen Limited, established in 2015 and based in Saint Andrews, United Kingdom, is focused on developing glycan-targeted carbohydrate-binding modules (CBMs) aimed at treating respiratory tract infections and cancer. This innovative approach seeks to create a universal therapeutic modality that targets respiratory viruses, helping to prevent infections and reduce the need for hospitalization among patients with underlying respiratory conditions. As a spin-out from the University of St Andrews, Pneumagen benefits from access to advanced scientific expertise in glycobiology, positioning itself at the forefront of novel treatment options for these significant health challenges.

Trojan Energy

Venture Round in 2022
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.

Vert Rotors

Venture Round in 2021
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.

O-I Glass

Grant in 2021
O-I Glass, Inc. is a leading global manufacturer of glass containers, primarily serving food and beverage manufacturers across the Americas, Europe, and the Asia Pacific. Founded in 1903 and headquartered in Perrysburg, Ohio, the company specializes in producing glass packaging for a variety of products, including alcoholic beverages like beer, wine, and spirits, as well as food items, non-alcoholic beverages, and pharmaceuticals. O-I Glass offers its products in diverse sizes, shapes, and colors and sells them directly to customers through long-term supply agreements, as well as via distributors. With approximately 70% of its revenue generated from international markets, O-I Glass holds a significant position in key regions such as Europe, North America, and Brazil, with beer serving as its primary end market.

EnteroBiotix

Series A in 2021
EnteroBiotix Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in researching, developing, and commercializing orally available products for fecal microbiota transplantation. The company creates microbiome-modulating drugs composed of bacterial communities derived from the human gastrointestinal tract, aimed at restoring health and preventing bacterial infections. EnteroBiotix focuses on addressing serious unmet medical needs by offering tailored high-diversity microbial therapeutics, which help physicians prevent and treat debilitating infections and diseases linked to imbalances in gut bacteria.

Trojan Energy

Series A in 2021
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.

SnapDragon Monitoring

Venture Round in 2021
SnapDragon Monitoring Limited is a company based in Edinburgh, United Kingdom, that specializes in brand protection software solutions. Established in 2014, it offers both managed and self-service options to help businesses safeguard their brand reputations. One of its key products is Swoop, a software designed specifically for brand protection. By focusing on small and medium-sized enterprises, SnapDragon Monitoring aims to create a safer marketplace for consumers while supporting the growth of businesses.

Chromacity

Venture Round in 2021
Chromacity Ltd. is a company based in Edinburgh, United Kingdom, that specializes in the development, manufacture, and distribution of wavelength tunable femtosecond lasers for various applications in life sciences and spectroscopy. The company's product lineup includes several advanced laser systems, such as the Spark 1030-nm and Spark-HP 1040-nm femtosecond lasers, which are designed for high performance and versatility. Additionally, Chromacity offers femtosecond optical parametric oscillators (OPOs), such as the Spark-OPO and Spark-ultra, which produce tunable femtosecond pulses across a broad range of wavelengths. The technology is built on robust, patent-pending fiber-laser innovations, providing reliable and user-friendly operation through an embedded web server. Chromacity also collaborates with systems manufacturers to supply custom OEM femtosecond and picosecond lasers tailored to specific engineering and materials processing needs. Founded in 2013 as a spin-out from Heriot-Watt University, the company leverages over 40 years of expertise in ultrafast lasers and serves clients in North America, the United Kingdom, the Middle East, and beyond.

Snappy Shopper

Series A in 2021
Snappy Shopper LTD is an online food and grocery store based in Dundee, United Kingdom, founded in 2017. The company specializes in delivering a wide range of products, including groceries, beverages, snacks, household goods, and personal care items, directly from local convenience stores to customers' doors, often within 30 minutes. By partnering with well-known brands like SPAR, Nisa, Co-Op, and Premier, as well as numerous independent retailers, Snappy Shopper has created an efficient platform that enhances the shopping experience and provides an additional sales avenue for these stores. With over 105,000 users, customers typically spend an average of £27, significantly surpassing the typical spending in convenience stores. Top-performing partner stores report home delivery retail sales exceeding £10,000 per week, highlighting the effectiveness of Snappy Shopper's service in meeting consumer demand for quick and convenient grocery delivery.

Enough

Series B in 2021
Enough is a technology spin-out from the University of Strathclyde focused on the development and commercialization of innovative mycoprotein-based food products. The company aims to enhance the sustainability of protein production by integrating its manufacturing processes into existing bio-refinery operations that produce bio-ethanol and animal feed. This approach not only optimizes the production of food but also contributes to a circular economy by utilizing resources efficiently. Enough's products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions. The fermentation process employed is zero-waste, resulting in food ingredients that provide all essential amino acids and are high in dietary fiber, making them viable substitutes for meat at a low cost.

Boundary

Seed Round in 2021
Boundary is solving the poor customer experience associated with home security in Europe. Our proprietary hardware stack combines smart technology with the ability to meet regulatory requirements for police response. Boundary camera, currently in development, will incorporate machine vision, edge processing and learning to provide 24/7 threat detection and active deterrents

ILC Therapeutics

Venture Round in 2021
ILC Therapeutics Ltd is a biotechnology company based in Lanarkshire, United Kingdom, specializing in the modulation of the innate immune system through the development of novel peptide therapeutics. Founded in 2012 and formerly known as Alfacyte Limited, the company focuses on creating hybrid interferons, which are innovative medicines that combine features from various natural interferon subtypes. These hybrid molecules aim to enhance therapeutic efficacy and improve safety across several high-value areas, including cancer, atopic dermatitis, psoriasis, and COVID-19. By advancing this new class of therapeutics, ILC Therapeutics seeks to improve patient outcomes and contribute to the treatment of challenging diseases.

ULEMCo

Venture Round in 2021
ULEMCo Limited is a company based in Liverpool, United Kingdom, that focuses on retrofitting hydrogen hybrid combustion technology for commercial vehicles. Established in 2014, ULEMCo specializes in converting diesel transit vans and other heavy-duty vehicles to operate on a hydrogen-diesel mix, thereby promoting a transition to cleaner fuel alternatives. The company also conducts research and development aimed at creating zero-emission hydrogen engines and fuel cell vehicles, which include specialized applications such as ambulances, fire engines, and refuse trucks. By advancing hydrogen technology, ULEMCo aims to support the automobile industry in reducing air pollution and enhancing environmental sustainability.

Swipii

Seed Round in 2020
Swipii Labs Ltd. operates a customer loyalty and marketing platform tailored for small businesses. Established in 2012 and based in Glasgow, United Kingdom, the company provides various tools that help local businesses enhance their marketing efforts and compete with larger brands. Swipii's offerings include digital loyalty programs, email marketing solutions, and customer data tracking to facilitate the growth of small enterprises. The platform enables consumers to automatically collect points and earn rewards through card-linking technology, encouraging them to discover local offers and save money on everyday purchases. Additionally, Swipii promotes community engagement by allowing users to share deals with friends and family.

FreeFlow Technologies

Venture Round in 2020
FreeFlow Technologies Limited, founded in 2012 and based in Glasgow, United Kingdom, specializes in the development of e-bikes and innovative transmission system technology. The company has created the SALTIRE e-bicycle, recognized as the world's lightest and most environmentally friendly electric bike, which is over 30% lighter than existing models. FreeFlow Technologies holds a patented technology that enhances the electrical bike market, focusing on improving the rider experience while preserving the traditional feel of cycling. Their designs incorporate subtle adjustments to the bike frame, allowing for versatile options for battery placement, whether removable or integrated within the frame, catering to a wide range of bike styles.

Mocean Energy

Seed Round in 2020
Mocean Energy, founded in 2015 and based in Edinburgh, United Kingdom, specializes in developing innovative technologies that harness wave energy to promote a transition to a zero-carbon future. The company focuses on an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter drives a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables customers to access reliable and affordable renewable energy to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles.

Aurum Biosciences

Funding Round in 2020
Aurum Biosciences Ltd is a pharmaceutical company based in Glasgow, United Kingdom, specializing in the development of innovative treatments for various clinical conditions with significant unmet medical needs. Founded in 2010, the company is focused on its lead product, ABL101, which is aimed at managing acute ischaemic stroke. This product incorporates a unique perfluorocarbon technology that carries oxygen to organs and tissues, independent of hemoglobin levels. Aurum also utilizes proprietary image analysis software in conjunction with magnetic resonance imaging to enhance the assessment of stroke patients. The company is in the final stages of preclinical development and plans to initiate clinical studies to evaluate the efficacy and safety of ABL101 soon. Additionally, Aurum is exploring follow-on programs targeting heart disease, cancer, epilepsy, and dementia, demonstrating its commitment to addressing diverse health challenges.

Vert Rotors

Debt Financing in 2020
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.

Particle Analytics

Debt Financing in 2020
Particle Analytics Ltd. is a software company based in Edinburgh, United Kingdom, specializing in the development of technology for the preparation, visualization, and analysis of discrete element method (DEM) simulation data related to particles and industrial bulk solids. Founded in March 2015 as a spin-out from the University of Edinburgh, the company offers innovative post-processing and pre-processing solutions that enhance the analysis of simulation results and facilitate the creation and modification of geometries and meshes prior to simulation. By utilizing Particle Analytics' software, multinational organizations can achieve significant efficiencies and improvements in handling large volumes of particulate solids, leading to better decision-making and reduced operational costs. The company's technology is designed to provide an intuitive graphical interface, advancing the capabilities of current solutions in the industry.

pureLiFi

Debt Financing in 2020
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

Sunamp

Series A in 2020
Sunamp is a company that provides industrial and residential heat battery storage systems using phase change materials. Its heat battery technologies are cost-effective, highly compact, stable, non-toxic, and IoT-enabled and are designed to provide a clean and efficient thermal energy storage solution. It was founded in 2006 by Andrew Bissell and is headquartered in Macmerry, East Lothian, Scotland.

Quorum Cyber Security

Seed Round in 2020
Quorum Cyber Security Limited is a cybersecurity firm based in Edinburgh, United Kingdom, founded in 2015. The company specializes in providing a comprehensive range of professional and managed security services designed to protect organizations from cyber threats. Its offerings include penetration testing, vulnerability management, cyber health checks, source code and DevOps security, compromise assessments, forensics, security awareness training, and regulatory compliance. Additionally, Quorum Cyber provides managed detection and response services, risk assessment, cloud advisory services, and phishing protection to help clients effectively manage their cyber risk exposure. Through its expertise and advanced technology, the company aims to enhance clients' resilience to cyber incidents and ensure measurable returns on their security investments.

Amiqus Resolution

Venture Round in 2020
Amiqus Resolution Ltd. specializes in designing and developing software solutions aimed at enhancing anti-money laundering, identity verification, and compliance checks. The company's offerings include identity reports, credit reports, photo ID verification, basic disclosures, and company lookups, along with features for custom forms, work assignment, and document management. Amiqus Resolution prioritizes security and compliance, implementing user access levels, audit logs, and two-factor authentication. Founded in 2008 and based in Edinburgh, United Kingdom, the company also provides an online service that facilitates the resolution of commercial disputes efficiently and affordably, helping to improve access to justice through the use of open data and streamlined online processes. Its services cater to various sectors, including accountancy, legal, property, recruitment, financial, and public domains.

Amiqus

Venture Round in 2020
Amiqus Limited is a recruitment agency based in Warrington, United Kingdom, that specializes in connecting clients with candidates in the games industry. Founded in 2000, the company initially operated as Alexander Mann Technology (Northwest) Limited before rebranding in 2003. Amiqus aims to leverage its passion for the gaming sector along with its recruitment expertise to assist individuals in finding suitable job opportunities. The agency focuses on building relationships and creating networks within the industry to deliver tailored hiring services that meet the specific needs of its clients. As a subsidiary of Alexander Mann Associates Limited, Amiqus continues to enhance its unique approach to recruitment, focusing on delivering effective solutions in a dynamic market.

Sunamp

Venture Round in 2020
Sunamp is a company that provides industrial and residential heat battery storage systems using phase change materials. Its heat battery technologies are cost-effective, highly compact, stable, non-toxic, and IoT-enabled and are designed to provide a clean and efficient thermal energy storage solution. It was founded in 2006 by Andrew Bissell and is headquartered in Macmerry, East Lothian, Scotland.

Trojan Energy

Seed Round in 2020
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.

Manus Neurodynamica

Venture Round in 2020
Manus Neurodynamica Ltd specializes in manufacturing medical diagnostic technologies aimed at identifying and monitoring neuromotor impairments, particularly focusing on Parkinson's disease. Founded in 2008 and based in North Shields, United Kingdom, the company has developed a triage device that supports early diagnostics for this condition. Its innovative technology integrates analytical software to assess a patient's movement parameters by examining subtle limb and hand motions. This capability allows clinicians to quantify fine motor skills and motion features, enhancing the diagnosis and ongoing monitoring of Parkinson's disease. Manus Neurodynamica's solutions are utilized across various sectors, including academic and pharmaceutical research, as well as non-medical applications, contributing to improved efficiency and reduced costs in specialist neuromotor services.

Zumo

Seed Round in 2020
Zumo believes everyone should have access to sustainable finance, and that blockchain has the power to deliver this globally. Its mission is to provide a better planet for digital assets, delivering sustainable, accessible and secure ways to unlock the benefits of web3. As an enterprise-focused digital-asset-as-a-service platform, Zumo’s turnkey, API-based infrastructure offers a fast, flexible and compliance-sensitive route to market, empowering fintechs, banks, asset managers and brands to offer their clients the tools of the future simply, securely and sustainably while also opening up new revenue streams, attracting new customers and supporting customer retention. A values-driven business, Zumo has underlined its commitment to a fairer society and a sustainable planet with an ambitious 2030 net zero strategy encompassing its own business; the blockchains it works with; and the wider digital asset ecosystem. Carbon-neutral since inception, the business is committed to ongoing collaboration in the decarbonisation of the digital assets industry. Zumo was an early signatory of the Crypto Climate Accord, the first digital asset business to receive UK government funding from the UK’s national innovation agency, Innovate UK, to further its applied work on the decarbonisation of digital assets, and is now a key contributor to industry guidance on the energy consumption of blockchain, working in tandem with the World Economic Forum and the OECD. Zumo’s infrastructure also powers the direct-to-consumer Zumo App, launched in the UK and registered with the Financial Conduct Authority (FCA).

Mallzee

Venture Round in 2020
Mallzee is a personal shopping app that simplifies clothing shopping by allowing consumers to browse and select items from over 200 stores. Initially designed as a Tinder-style platform, it has evolved into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app's user-friendly interface enables customers to swipe through tens of millions of products each month, fostering a highly engaged community. By analyzing swipe data, Mallzee enhances its services and is now opening this valuable information to partners to improve their marketing, merchandising, and purchasing strategies. This approach not only showcases partner products and brands extensively but also aids in creating a more tailored shopping experience for users.

My1Login

Venture Round in 2020
My1Login offers a cloud-based password management and identity access management solution aimed at enhancing cybersecurity for enterprises. Founded in 2007 and headquartered in Glasgow, with additional offices in Palo Alto and London, the company provides a secure vault for storing passwords, online bookmarks, and other personal information like bank details and emergency contacts. My1Login's platform addresses common challenges such as identity sprawl, password fatigue, and compliance issues by providing a single user identity for employees. This next-generation solution integrates with various identity standards, including SAML and OAuth 2.0, and can connect with legacy systems lacking existing connectors. By enabling control over user identity and access across cloud, mobile, and desktop environments, My1Login helps organizations improve productivity while mitigating security threats and achieving compliance.

Amphista Therapeutics

Series A in 2020
Amphista Therapeutics Limited is a biopharmaceutical company based in Motherwell, United Kingdom, established in 2017. The company specializes in targeted protein degradation technology to develop innovative cancer therapeutics. Amphista's approach focuses on harnessing the body's natural processes to selectively and efficiently degrade disease-causing proteins, aiming to create first-in-class treatments. By advancing novel methodologies in targeted protein degradation, Amphista seeks to improve therapeutic efficacy and modulate protein abundance linked to disease progression, ultimately enhancing patient outcomes in oncology.

My1Login

Venture Round in 2020
My1Login offers a cloud-based password management and identity access management solution aimed at enhancing cybersecurity for enterprises. Founded in 2007 and headquartered in Glasgow, with additional offices in Palo Alto and London, the company provides a secure vault for storing passwords, online bookmarks, and other personal information like bank details and emergency contacts. My1Login's platform addresses common challenges such as identity sprawl, password fatigue, and compliance issues by providing a single user identity for employees. This next-generation solution integrates with various identity standards, including SAML and OAuth 2.0, and can connect with legacy systems lacking existing connectors. By enabling control over user identity and access across cloud, mobile, and desktop environments, My1Login helps organizations improve productivity while mitigating security threats and achieving compliance.

QikServe

Venture Round in 2020
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, that specializes in providing cloud-based services for the hospitality industry. Founded in 2011, the company offers a solution that allows customers to order and pay for hotel and restaurant services using their smartphones or other devices. The QikServe platform efficiently stores and processes orders, directing them to the restaurant's electronic point of sale (EPOS) system. Additionally, it functions as a content management system (CMS) and includes kiosk functionality, enhancing the overall customer experience in the hospitality sector.

Vert Rotors

Venture Round in 2020
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.

SHE Software

Grant in 2020
SHE Software Ltd. specializes in developing health and safety software solutions aimed at minimizing workplace risks. Its flagship product, Assure, facilitates various functions such as conducting risk assessments, reporting and investigating incidents, managing training records and assets, regulating contractors, and performing audits. The company also offers several software modules covering risk assessment, incident management, health and safety auditing, and environmental assessment, among others. SHE Software provides its solutions through various platforms, including Windows desktop, web server, cloud hosting, and mobile applications. The company serves a diverse range of industries, including manufacturing, healthcare, construction, and logistics, operating across regions such as EMEA, North America, and Australia/New Zealand. Established in 1993 and based in East Kilbride, United Kingdom, SHE Software Ltd. was formerly known as Lexware International Ltd. and rebranded in 2006.

Ingenious Audio

Venture Round in 2020
Ingenious Audio is a Scottish start up designing and manufacturing audio electronics. "invisible guitar cable" is a compact plug in device which turns an analogue audio product, such as an electric guitar or amplifier into a wi-fi device. This system allows wireless connection of any existing guitar and amplifier; and for the first time will allow the use of wireless effect pedals. As the product outputs, wi-fi users can connect seamlessly to any wi-fi enabled pc, replacing the need for expensive recording and audio effects devices and crucially allows sharing of audio across the web.

MiAlgae

Seed Round in 2020
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in producing microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on creating nutrient-rich microalgae, which are high in omega-3 fatty acids and proteins essential for aquaculture and other livestock. By utilizing wastewater remediation in their production process, MiAlgae implements a circular economy approach that lowers operating costs and enhances sustainability. Their innovative methodology not only provides a viable alternative to traditional fishmeal but also supports more sustainable practices in the livestock feed industry, which is valued at £340 billion globally.

Polydigi Tech

Pre Seed Round in 2020
PolyDigi focuses on enhancing the safety and user-friendliness of digital transactions through advanced cybersecurity solutions. Specializing in Identity Access and Management, the company offers a proprietary Multi-Factor Authentication system that can utilize up to five factors to bolster security while simplifying the user experience. Their solutions seamlessly integrate with existing communication platforms, allowing users to authenticate without the need for additional applications, which streamlines the process. PolyDigi's comprehensive approach addresses various cyber threats, including Approval Push Payment Scams, Phishing Attacks, and Identity Fraud. The company's innovative contributions to cybersecurity have earned it recognition, including being named the Most Innovative Cybersecurity SME in the United Kingdom and Scotland's Best Cybersecurity Start-up. Their offerings are particularly suited for banks, financial institutions, and payment platforms, providing a robust means to protect online banking services.

QikServe

Venture Round in 2019
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, that specializes in providing cloud-based services for the hospitality industry. Founded in 2011, the company offers a solution that allows customers to order and pay for hotel and restaurant services using their smartphones or other devices. The QikServe platform efficiently stores and processes orders, directing them to the restaurant's electronic point of sale (EPOS) system. Additionally, it functions as a content management system (CMS) and includes kiosk functionality, enhancing the overall customer experience in the hospitality sector.

Swipii

Venture Round in 2019
Swipii Labs Ltd. operates a customer loyalty and marketing platform tailored for small businesses. Established in 2012 and based in Glasgow, United Kingdom, the company provides various tools that help local businesses enhance their marketing efforts and compete with larger brands. Swipii's offerings include digital loyalty programs, email marketing solutions, and customer data tracking to facilitate the growth of small enterprises. The platform enables consumers to automatically collect points and earn rewards through card-linking technology, encouraging them to discover local offers and save money on everyday purchases. Additionally, Swipii promotes community engagement by allowing users to share deals with friends and family.

Particle Analytics

Venture Round in 2019
Particle Analytics Ltd. is a software company based in Edinburgh, United Kingdom, specializing in the development of technology for the preparation, visualization, and analysis of discrete element method (DEM) simulation data related to particles and industrial bulk solids. Founded in March 2015 as a spin-out from the University of Edinburgh, the company offers innovative post-processing and pre-processing solutions that enhance the analysis of simulation results and facilitate the creation and modification of geometries and meshes prior to simulation. By utilizing Particle Analytics' software, multinational organizations can achieve significant efficiencies and improvements in handling large volumes of particulate solids, leading to better decision-making and reduced operational costs. The company's technology is designed to provide an intuitive graphical interface, advancing the capabilities of current solutions in the industry.

Mallzee

Venture Round in 2019
Mallzee is a personal shopping app that simplifies clothing shopping by allowing consumers to browse and select items from over 200 stores. Initially designed as a Tinder-style platform, it has evolved into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app's user-friendly interface enables customers to swipe through tens of millions of products each month, fostering a highly engaged community. By analyzing swipe data, Mallzee enhances its services and is now opening this valuable information to partners to improve their marketing, merchandising, and purchasing strategies. This approach not only showcases partner products and brands extensively but also aids in creating a more tailored shopping experience for users.

pureLiFi

Debt Financing in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

pureLiFi

Venture Round in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

Snappy Shopper

Seed Round in 2019
Snappy Shopper LTD is an online food and grocery store based in Dundee, United Kingdom, founded in 2017. The company specializes in delivering a wide range of products, including groceries, beverages, snacks, household goods, and personal care items, directly from local convenience stores to customers' doors, often within 30 minutes. By partnering with well-known brands like SPAR, Nisa, Co-Op, and Premier, as well as numerous independent retailers, Snappy Shopper has created an efficient platform that enhances the shopping experience and provides an additional sales avenue for these stores. With over 105,000 users, customers typically spend an average of £27, significantly surpassing the typical spending in convenience stores. Top-performing partner stores report home delivery retail sales exceeding £10,000 per week, highlighting the effectiveness of Snappy Shopper's service in meeting consumer demand for quick and convenient grocery delivery.

pureLiFi

Series B in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.

QikServe

Venture Round in 2019
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, that specializes in providing cloud-based services for the hospitality industry. Founded in 2011, the company offers a solution that allows customers to order and pay for hotel and restaurant services using their smartphones or other devices. The QikServe platform efficiently stores and processes orders, directing them to the restaurant's electronic point of sale (EPOS) system. Additionally, it functions as a content management system (CMS) and includes kiosk functionality, enhancing the overall customer experience in the hospitality sector.

Spire Global

Convertible Note in 2019
Spire Global, Inc. is a provider of satellite data services that specializes in delivering unique datasets and analytics to a variety of organizations. The company offers products such as Spire Sense, which tracks maritime activities for purposes including trade monitoring and search and rescue, and Spire Stratus, which provides global weather data. Spire utilizes one of the largest multi-purpose satellite constellations to gather valuable information that is enhanced with predictive analytics. This data is available via subscription to clients in sectors like mining, government, and maritime operations, enabling them to optimize business processes, reduce environmental impact, and manage risks effectively. Founded in 2012 and based in San Francisco, Spire also has offices in Glasgow and Singapore, positioning itself as a key player in the space-based data analytics market.

Spire Global

Grant in 2019
Spire Global, Inc. is a provider of satellite data services that specializes in delivering unique datasets and analytics to a variety of organizations. The company offers products such as Spire Sense, which tracks maritime activities for purposes including trade monitoring and search and rescue, and Spire Stratus, which provides global weather data. Spire utilizes one of the largest multi-purpose satellite constellations to gather valuable information that is enhanced with predictive analytics. This data is available via subscription to clients in sectors like mining, government, and maritime operations, enabling them to optimize business processes, reduce environmental impact, and manage risks effectively. Founded in 2012 and based in San Francisco, Spire also has offices in Glasgow and Singapore, positioning itself as a key player in the space-based data analytics market.

Boundary

Seed Round in 2019
Boundary is solving the poor customer experience associated with home security in Europe. Our proprietary hardware stack combines smart technology with the ability to meet regulatory requirements for police response. Boundary camera, currently in development, will incorporate machine vision, edge processing and learning to provide 24/7 threat detection and active deterrents

Medannex

Series B in 2019
MedAnnex Limited is a biotechnology company based in Edinburgh, United Kingdom, focused on developing innovative treatments for patients suffering from autoimmune diseases and cancers. Established in 2009, the company specializes in creating monoclonal antibodies, particularly annexuzlimab, which targets and inhibits annexin-A1. This therapeutic approach aims to modulate both the innate and adaptive immune systems, enhancing treatment options for physicians and improving patient outcomes. MedAnnex is committed to advancing first-in-class antibody therapies that can significantly benefit individuals affected by these challenging health conditions.

Calcivis

Venture Round in 2019
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.

CuanTec

Venture Round in 2019
CuanTec are a Scottish based blue biotech company making compostable, antimicrobial bioplastic from waste of the fisheries industry, providing an environmentally responsible alternative to polluting packaging. CuanTec are using a circular economy solution where waste from processing of the fisheries industry is put to good use. Cuantec extracts chitin from marine waste, langoustines caught in the pollution free waters of the North Atlantic. Our chitin is obtained biologically, thanks to harmless bacteria, in a low-energy process with minimal wastage, and at a high yield providing a very high-quality product. Our chitosan is obtained thanks to an innovative sustainable process, using less energy and 5 time less sodium hydroxide than the current chemical process.

Care Sourcer

Grant in 2019
Care Sourcer Ltd operates an online platform that facilitates the search for care home and home care providers across various locations in the UK, including Birmingham, Edinburgh, Glasgow, and London. Founded in 2015 and based in Edinburgh, the platform serves as a resource for individuals and their families, allowing them to investigate and select care options that align with their specific needs and desired outcomes. By providing secure and accessible information, Care Sourcer connects care seekers with local care providers, streamlining the process of finding appropriate care solutions.

Machine Labs

Seed Round in 2019
Machine Labs Limited, founded in 2018 and based in Edinburgh, Scotland, specializes in developing data-driven marketing software that leverages machine learning to enhance advertising and database marketing efforts. The company's solutions are designed to increase sales by delivering relevant marketing messages to consumers, ensuring that businesses can effectively target audiences interested in their products. Machine Labs provides a fully online platform that enables small and medium-sized enterprises to access advanced marketing tools without the complexities of traditional enterprise sales. Additionally, the company offers resources such as marketing training, lab notes, and API documentation to support users in optimizing their campaign performance. Users can experience the platform with a 30-day free trial, allowing them to test automation and analysis capabilities.

Speech Graphics

Venture Round in 2019
Speech Graphics Ltd, founded in 2010 and based in Edinburgh, United Kingdom, specializes in procedural facial animation solutions for the entertainment industry. The company offers SGX, a software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Its technology has been utilized in various productions, including AAA video games and music videos, and serves applications in communication and training. The firm emerged from the University of Edinburgh's School of Informatics and has collaborated with notable clients such as Warner Brothers and Def Jam Recordings. Speech Graphics has garnered several awards for its innovative technology, including the John Logie Baird Award, and has received development grants from organizations like Scottish Enterprise.

QikServe

Venture Round in 2019
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, that specializes in providing cloud-based services for the hospitality industry. Founded in 2011, the company offers a solution that allows customers to order and pay for hotel and restaurant services using their smartphones or other devices. The QikServe platform efficiently stores and processes orders, directing them to the restaurant's electronic point of sale (EPOS) system. Additionally, it functions as a content management system (CMS) and includes kiosk functionality, enhancing the overall customer experience in the hospitality sector.

EnteroBiotix

Seed Round in 2019
EnteroBiotix Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in researching, developing, and commercializing orally available products for fecal microbiota transplantation. The company creates microbiome-modulating drugs composed of bacterial communities derived from the human gastrointestinal tract, aimed at restoring health and preventing bacterial infections. EnteroBiotix focuses on addressing serious unmet medical needs by offering tailored high-diversity microbial therapeutics, which help physicians prevent and treat debilitating infections and diseases linked to imbalances in gut bacteria.

My1Login

Venture Round in 2019
My1Login offers a cloud-based password management and identity access management solution aimed at enhancing cybersecurity for enterprises. Founded in 2007 and headquartered in Glasgow, with additional offices in Palo Alto and London, the company provides a secure vault for storing passwords, online bookmarks, and other personal information like bank details and emergency contacts. My1Login's platform addresses common challenges such as identity sprawl, password fatigue, and compliance issues by providing a single user identity for employees. This next-generation solution integrates with various identity standards, including SAML and OAuth 2.0, and can connect with legacy systems lacking existing connectors. By enabling control over user identity and access across cloud, mobile, and desktop environments, My1Login helps organizations improve productivity while mitigating security threats and achieving compliance.

LendingCrowd

Debt Financing in 2019
LendingCrowd, a leading fintech lending platform serving mainland UK and headquartered in Scotland, was founded in 2014 by CEO Stuart Lunn. The platform uses leading-edge technology, developed by its expert team in Edinburgh, to fund the ambitions of businesses the length and breadth of Britain by connecting them with its community of individual and institutional lenders, including Scottish Investment Bank and Dutch entrepreneurial bank NIBC.

Symphonic

Venture Round in 2019
Symphonic Software Ltd specializes in access and authorization management software, aimed at protecting sensitive information for organizations across various sectors. The platform enables the rapid design and implementation of fine-grained authorization policies, allowing users to adapt these policies according to business needs. It provides real-time contextual information, monitors performance and compliance, and facilitates collaboration while decoupling access control from the software development lifecycle. Established in 2012 and based in Edinburgh, United Kingdom, Symphonic has focused on serving highly-regulated environments such as healthcare, finance, and law. The company launched its first commercial pilots in 2014 and has since developed solutions to support controlled data sharing, ensuring compliance with both internal policies and external regulations. Symphonic aims to simplify access management, enabling organizations to respond swiftly to changes while safeguarding critical information.

Talking Medicines

Seed Round in 2019
Talking Medicines Limited is a data technology company based in Glasgow, United Kingdom, that focuses on capturing and structuring patient feedback on medications. Its primary offering, the Medsmart application, collects insights on how and why patients take their medications. The company utilizes advanced artificial intelligence and natural language processing to analyze unstructured social feedback, providing pharmaceutical companies with deep insights into patient experiences. Through its PatientMetRx® platform, Talking Medicines enables clients to make data-driven marketing decisions by delivering comprehensive patient insights that enhance advertising effectiveness and improve health outcomes. Additionally, the company offers various services, including real-world persona data reports, digital focus group solutions, and custom analytics tailored to specific medicines. Founded in 2013 and rebranded from Virtual Genie Limited in 2015, Talking Medicines serves the pharmaceutical and healthcare sectors, aiming to revolutionize the industry by providing unprecedented access to patient voices.

Biotangents

Series A in 2019
Biotangents was founded upon their Leapfrog Assembly™ platform technology for building complex genetic constructs from multiple DNA parts. This was developed through a SMART: Scotland award from Scottish Enterprise and was exe0mplified through the generation of their terpenoid biosynthesis strains. During that successful first year they also developed their DNA randomisation technology, Short Sequence Randomisation™. In 2016, having formulated a concept for a modular cell-free nucleic acid detection technology, Moduleic Sensing™, and with support from SynbiCITE, they commenced development of their first diagnostic test, a highly specific and sensitive solution for pen-side diagnosis of infectious diseases in livestock.
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