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 Great Britain

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.

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.

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.

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 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.

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.

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.

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.

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.

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.

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.

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.

Encompass

Grant in 2020
Encompass transforms regulatory compliance and customer onboarding for firms with Know Your Customer (KYC) automation. Its advanced technology, unrivaled data coverage and industry expertise help clients to safely grow their businesses and fight financial crime. Founded in 2011 in Sydney by Wayne Johnson and Roger Carson, seasoned technology professionals who independently have founded international software businesses, Encompass now has offices in Glasgow, London, New York, Amsterdam, Belgrade, Sydney and Singapore.

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.

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.

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.

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.

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.

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.

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.

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.

Greengage Lighting

Venture Round in 2019
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Greengage Lighting

Venture Round in 2018
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Sunamp

Series A in 2018
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.

Scottish EDGE

Venture Round in 2018
Scottish EDGE is a competition aimed at identifying and supporting Scotland’s up-and-coming, innovative, high-growth potential entrepreneurial talent. The company believes that it’s important to support entrepreneurs and start-up businesses in any way we can. Scottish EDGE also recognizes that supporting businesses isn’t a one-off thing. From providing prize funding of up to £150,000 to a quick catch-up, we’re here for the long haul. Are you in? Let’s get down to business.

Calcivis

Venture Round in 2018
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.

Enough

Series A in 2018
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.

LendingCrowd

Venture Round in 2018
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.

CURO

Venture Round in 2017
Curo Compensation Limited specializes in compensation management through its innovative SaaS solution, CuroComp. This platform streamlines and automates the annual salary and bonus review process for mid to large corporations, ensuring effective management of compensation allocations. CuroComp facilitates a comprehensive approach to compensation planning, offering features for salary, bonus, and share option awards, alongside tools for gender pay gap reporting and compensation analytics. The company's services enhance transparency and equity in compensation practices, allowing organizations to optimize their compensation budgets and make informed decisions. With a client base that includes blue-chip companies in the United Kingdom and beyond, Curo aims to improve productivity and performance by providing the necessary data and insights for effective compensation management. Established in 2009 and headquartered in London, Curo is recognized as a leader in the field of compensation management and pay equity.

Calcivis

Venture Round in 2017
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.

Encompass

Venture Round in 2017
Encompass transforms regulatory compliance and customer onboarding for firms with Know Your Customer (KYC) automation. Its advanced technology, unrivaled data coverage and industry expertise help clients to safely grow their businesses and fight financial crime. Founded in 2011 in Sydney by Wayne Johnson and Roger Carson, seasoned technology professionals who independently have founded international software businesses, Encompass now has offices in Glasgow, London, New York, Amsterdam, Belgrade, Sydney and Singapore.

My1Login

Venture Round in 2017
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.

Enough

Seed Round in 2017
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.

Greengage Lighting

Venture Round in 2017
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Ryboquin

Venture Round in 2017
Ryboquin™ uses its expertise to turn under-developed intellectual property ideas into viable commercial realities. Founded in Scotland, Ryboquin Ltd is a privately held, virtual pharmaceutical company focused on commercialising patented technologies in the area of human cancer medicine. Founded in Scotland, Ryboquin is a privately held, virtual pharmaceutical company focused on commercializing patented technologies in the area of human cancer medicine.

ZoneFox

Series A in 2017
The start-up, based at the CodeBase technology incubator, has also won a deal with Seric Systems, the Paisley technology infrastructure business. ZoneFox, which counts high-tech ­manufacturers, banks and games developers among its other customers, specialises in helping firms protect their business­-critical assets, data and intellectual property by monitoring and recording activity on their systems to detect possible security breaches in real time. Read more: http://www.scotsman.com/business/companies/tech/security-start-up-zonefox-secures-650-000-injection-1-3949090#ixzz3rwHkhctF Follow us: @TheScotsman on Twitter | TheScotsmanNewspaper on Facebook

Inquisitive Systems

Series A in 2017
Inquisitive Systems is an Edinburgh based company with ambition to rapidly become a world leader in building information security software. Inquisitive Systems is a spin-out from Edinburgh Napier University. The Company started trading in September 2010 after being founded by Dr Jamie Graves and Prof Bill Buchanan in 2008. The core company IP, foxDNATM (part of the ZoneFox product), was developed by Dr Graves during a post-graduate project into an improved system for digital forensic investigations. After successfully securing a Scottish Enterprise Proof of Concept grant, the company developed the foxDNATM technology for commercial deployment.

Blazing Griffin

Series A in 2017
An independent digital entertainment company based in Scotland. Founded in 2011 as a game development studio, the company has grown from a team of three to a group of companies including a game development, film production and television post-production studios with 25 staff based in Edinburgh and Glasgow.

Greengage Lighting

Venture Round in 2017
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

MOFgen

Seed Round in 2016
MOFgen Ltd is a pioneering company that specializes in the commercialization of metal-organic frameworks (MOFs) for medical and therapeutic applications. Originating as a spin-out from the University of St Andrews, the company leverages patented technology developed by renowned porous material scientist Prof Russell Morris. MOFgen focuses on designing, manufacturing, and formulating MOFs to create innovative solutions for healthcare challenges. Its products include powdery solids with microscopic pores capable of incorporating antibacterial agents, wound healing compounds, and anti-thrombotic substances. These advanced coatings for medical devices aim to enhance patient care by reducing infection rates and minimizing the need for prolonged hospital stays. Through collaboration with various partners, MOFgen is committed to developing tailored solutions for issues such as healthcare-associated infections, bacterial resistance, chronic wounds, and arterial access.

CuanTec

Seed Round in 2016
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.

My1Login

Venture Round in 2016
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.

Encompass

Venture Round in 2016
Encompass transforms regulatory compliance and customer onboarding for firms with Know Your Customer (KYC) automation. Its advanced technology, unrivaled data coverage and industry expertise help clients to safely grow their businesses and fight financial crime. Founded in 2011 in Sydney by Wayne Johnson and Roger Carson, seasoned technology professionals who independently have founded international software businesses, Encompass now has offices in Glasgow, London, New York, Amsterdam, Belgrade, Sydney and Singapore.

FINDRA

Seed Round in 2016
FINDRA is a Scottish brand that specializes in high-performance outdoor and adventure clothing for women. The company focuses on designing stylish, versatile, and sustainable apparel made from Italian sports merino wool, which offers natural moisture-wicking properties. FINDRA's mission is to inspire women to embrace an active lifestyle and explore the outdoors without sacrificing performance or style. Operating through an e-commerce platform, the brand aims to encourage consumers to engage in healthy adventures and enhance their well-being.

My1Login

Venture Round in 2016
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.

My1Login

Venture Round in 2016
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.

Greengage Lighting

Venture Round in 2016
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Greengage Lighting

Venture Round in 2016
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

My1Login

Venture Round in 2015
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.

Sunamp

Seed Round in 2015
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.

Calcivis

Grant in 2015
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.

Spire Global

Grant in 2015
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.

Alphabet Babies

Venture Round in 2015
Alphabet Babies is a Scotland-based company that specializes in providing downloadable educational resources aimed at enhancing literacy, numeracy, and science skills for children aged one to six. Founded by Alexis Viswanathan, the company focuses on developing essential skills such as alphabetic knowledge, phonological awareness, print awareness, and oral language through engaging activities. Its offerings include games, puppets, dramas, books, songs, lesson plans, letters for parents, puppet templates, and instructional videos. These resources are designed to support both parents and nurseries in fostering a playful exploration of sounds and letters, aligning with early educational frameworks. Alphabet Babies has received multiple accolades, including recognition as the Scottish EDGE winner in December 2013 and the Scottish Business Award for Social Entrepreneur of the Year.

My1Login

Venture Round in 2015
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.

i2eye Diagnostics

Venture Round in 2015
i2eye diagnostics is a spin-out company from the University of Edinburgh and the Edinburgh BioQuarter.

Sirakoss

Series A in 2014
Sirakoss is a medical device company based in Scotland that specializes in the development of synthetic bone graft substitutes. The company focuses on creating innovative solutions for trauma, spine, craniomaxillofacial, and dental applications. Sirakoss is advancing its proprietary MaxSi™ Graft technology, which is available in granular and putty forms. This technology is designed to facilitate the fusion of bones, addressing various conditions including congenital and degenerative issues. By providing effective treatment options, Sirakoss aims to enhance patient recovery and support a return to healthy lifestyles.

Bedi OralCare

Seed Round in 2014
Bedi OralCare aims to make good oral health accessible to everyone, regardless of age or disability. Bedi Oralcare Limited is an Active business incorporated in Scotland. Their business activity has not been recorded. Bedi Oralcare Limited is run by 2 current members. It has no share capital. It is not part of a group. The company has not yet filed accounts. Bedi Oralcare Limited's risk score was amended on 15/07/2013.

Bedi OralCare

Seed Round in 2013
Bedi OralCare aims to make good oral health accessible to everyone, regardless of age or disability. Bedi Oralcare Limited is an Active business incorporated in Scotland. Their business activity has not been recorded. Bedi Oralcare Limited is run by 2 current members. It has no share capital. It is not part of a group. The company has not yet filed accounts. Bedi Oralcare Limited's risk score was amended on 15/07/2013.

My1Login

Seed Round in 2013
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.

Smarter Grid Solutions

Funding Round in 2013
Smarter Grid Solutions has become the UK's leading dedicated smart grid technology company, with offices in Glasgow, London and New York. They work with a growing number of large power companies and utilities in the UK, mainland Europe and the US, running smart grid projects for both rural and urban electricity grids. Smarter Grid Solutions creates and delivers technologies cdesigned to help electricity distribution companies to integrate Distributed Energy Resources (DER). They are pioneers of Active Network Management, a new approach to grid management which uses software, automation and control to manage grid connected DER in real time.

Simple Audio

Venture Round in 2012
Simple Audio designs and manufactures audio products. Simple Audio was founded in Glasgow in 2008 to create a new generation of affordable, digital audio distribution systems capable of playing music from multiple sources, at high quality throughout the home. The focus on Powerline/ethernet transmission technology aimed to address the problems associated with the existing market offering of poor quality sound reproduction, complex installation and control systems and high cost base.

My1Login

Seed Round in 2012
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.

Simple Audio

Venture Round in 2012
Simple Audio designs and manufactures audio products. Simple Audio was founded in Glasgow in 2008 to create a new generation of affordable, digital audio distribution systems capable of playing music from multiple sources, at high quality throughout the home. The focus on Powerline/ethernet transmission technology aimed to address the problems associated with the existing market offering of poor quality sound reproduction, complex installation and control systems and high cost base.

Touch Bionics

Venture Round in 2011
Touch Bionics Inc., is a Livingston, Scotland, UK-based developer of advanced upper-limb prosthetics.

Simple Audio

Venture Round in 2011
Simple Audio designs and manufactures audio products. Simple Audio was founded in Glasgow in 2008 to create a new generation of affordable, digital audio distribution systems capable of playing music from multiple sources, at high quality throughout the home. The focus on Powerline/ethernet transmission technology aimed to address the problems associated with the existing market offering of poor quality sound reproduction, complex installation and control systems and high cost base.

Simple Audio

Venture Round in 2011
Simple Audio designs and manufactures audio products. Simple Audio was founded in Glasgow in 2008 to create a new generation of affordable, digital audio distribution systems capable of playing music from multiple sources, at high quality throughout the home. The focus on Powerline/ethernet transmission technology aimed to address the problems associated with the existing market offering of poor quality sound reproduction, complex installation and control systems and high cost base.

Simple Audio

Venture Round in 2010
Simple Audio designs and manufactures audio products. Simple Audio was founded in Glasgow in 2008 to create a new generation of affordable, digital audio distribution systems capable of playing music from multiple sources, at high quality throughout the home. The focus on Powerline/ethernet transmission technology aimed to address the problems associated with the existing market offering of poor quality sound reproduction, complex installation and control systems and high cost base.

Simple Audio

Venture Round in 2010
Simple Audio designs and manufactures audio products. Simple Audio was founded in Glasgow in 2008 to create a new generation of affordable, digital audio distribution systems capable of playing music from multiple sources, at high quality throughout the home. The focus on Powerline/ethernet transmission technology aimed to address the problems associated with the existing market offering of poor quality sound reproduction, complex installation and control systems and high cost base.

NXVISION

Venture Round in 2009
NXVISION is located in Dunfermline, Scotland and was founded in August 2006 as Inxstor Ltd, to take advantage of its unique Placeshifting IP. NXVision, in a short time, has established itself as a leading supplier of STB applications, including end-to-end Place-Shifting and Sideloading solutions for the secure delivery of video content.

Adventi

Venture Round in 2009
Adventi was formed in 2002 by Graham Bucknall, the aim of the business was to provide IT support to small businesses that did not have their own IT support function. The target in the first year was sign up 60 clients. In 2003, the company acquired the IT support division of CVG, this was the first acquisition and expanded the business resulting in the company having operational bases in Edinburgh and Glasgow. It doubled the client base and by now was employing circa 30 people. In 2005, Adventi acquired Scotsys creating a business with a turnover of £16M. Adventi, already an accredited Microsoft Partner moved into new territory with Scotsys, a company providing Apple products through two retail outlets and supplying over 80% of Apple Mac computers into schools in Scotland. Scotsys also had a training business In 2007, the business now known as The Adventi Group acquires Integral Arm, a managed services business with circa 400 clients. Today, Adventi is a full service IT business providing a range of IT products, services and solutions to a client base in excess of 600 and growing. Our partnerships with some of the world’s leading IT business, such as Microsoft, Cisco, Apple, Steljes and HP results in a innovatively unique set of propositions unmatched in the UK..

BigDNA

Venture Round in 2008
Big DNA Ltd was set up in 2007 by Dr John March, as a spin out company from the Moredun Research Institute at Edinburgh University, to further develop and commercialise new vaccination technologies. Based at Roslin BioCentre, the company currently employs 7 people.

CriticalBlue

Series C in 2008
Headquartered in Edinburgh, Scotland, with a branch office in San Jose, California, CriticalBlue is a well-established part of the Edinburgh technological scene. We launched Approov to help our customers protect the business value that is flowing through their API channels. Our innovative technology enables next generation mobile API security, eradicating whole classes of threats and inefficiencies with one seamless integration into existing software infrastructure. Our extensive experience in the depths of the software stack and our dynamic runtime technologies proven in the field make us ideally positioned to offer a digital business protection solution that is effective even at the lowest binary level, computationally efficient, and straightforward to integrate.

Enigmatec

Series D in 2008
Enigmatec Corporation Ltd. offers automation solutions for physical and virtual resource management. The company offers Execution Management System, an automation solution to implement run book automation solutions that describe the process of cataloguing, codifying, testing, and automating the manual, scripted, and ad hoc procedures used to manage information technology (IT) environments. It offers Enigmatec Virtual Orchestrator, which provides a self-service request user interface that automates IT workflows to provision, configure, allocate, and reclaim virtual resources; Enigmatec Automated Disaster Recovery that creates, deploys, manages, and monitors various aspects of disaster recovery operations; Execution Management System, a solution to automate repetitive scripted or manual tasks; and integrations and adapters for various commercial and in-house technologies. Enigmatec Corporation Ltd. also provides Cloud Lifecycle Management Solution that manages requests and resources that are sourced from internal source and acquired from the cloud. In addition, it offers Rapid Start Program for virtualization management, process audit, and training; and a range of courses, including introductory, intermediate, and advanced classes for developers, integration specialists, system administrators, and IT operators. The company was founded in 2002 and is based in London, United Kingdom with an additional office in New York, New York.

BigDNA

Venture Round in 2007
Big DNA Ltd was set up in 2007 by Dr John March, as a spin out company from the Moredun Research Institute at Edinburgh University, to further develop and commercialise new vaccination technologies. Based at Roslin BioCentre, the company currently employs 7 people.

NXVISION

Venture Round in 2007
NXVISION is located in Dunfermline, Scotland and was founded in August 2006 as Inxstor Ltd, to take advantage of its unique Placeshifting IP. NXVision, in a short time, has established itself as a leading supplier of STB applications, including end-to-end Place-Shifting and Sideloading solutions for the secure delivery of video content.

Edinburgh Robotics

Series A in 2006
Edinburgh Robotics Limited was founded in 2005 by Joe Halliwell and Nils Roeder, two former researchers who maintain their close relationship with the University of Edinburgh. Edinburgh Robotics built their development platform to integrate experiences from mobile robotics to help accelerating intelligent system and robotic application development.

NXVISION

Venture Round in 2006
NXVISION is located in Dunfermline, Scotland and was founded in August 2006 as Inxstor Ltd, to take advantage of its unique Placeshifting IP. NXVision, in a short time, has established itself as a leading supplier of STB applications, including end-to-end Place-Shifting and Sideloading solutions for the secure delivery of video content.

Adventi

Venture Round in 2005
Adventi was formed in 2002 by Graham Bucknall, the aim of the business was to provide IT support to small businesses that did not have their own IT support function. The target in the first year was sign up 60 clients. In 2003, the company acquired the IT support division of CVG, this was the first acquisition and expanded the business resulting in the company having operational bases in Edinburgh and Glasgow. It doubled the client base and by now was employing circa 30 people. In 2005, Adventi acquired Scotsys creating a business with a turnover of £16M. Adventi, already an accredited Microsoft Partner moved into new territory with Scotsys, a company providing Apple products through two retail outlets and supplying over 80% of Apple Mac computers into schools in Scotland. Scotsys also had a training business In 2007, the business now known as The Adventi Group acquires Integral Arm, a managed services business with circa 400 clients. Today, Adventi is a full service IT business providing a range of IT products, services and solutions to a client base in excess of 600 and growing. Our partnerships with some of the world’s leading IT business, such as Microsoft, Cisco, Apple, Steljes and HP results in a innovatively unique set of propositions unmatched in the UK..
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