Scottish Investment Bank

The Scottish Investment Bank is a public body supporting economic growth in Scotland. It facilitates finance for small to medium-sized businesses, focusing on sectors such as renewable energy, technology, life sciences, and creative industries. The bank works closely with portfolio companies to strengthen management teams and accelerate growth.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Susan Armes

Senior Investment Manager

Victoria Carmichael

Commercial Director

Steve Dunlop

Chief Executive

Adrian Gillespie

Chief Executive and Board Member

Mark Hallan

Global Director, Strategic Relationships

Linda Hanna

Managing Director

Jane Martin

Managing Director of Innovation and Investment

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

Past deals in Scotland

Biotangents

Venture Round in 2024
Biotangents Ltd. is a biotechnology company based in Glasgow, United Kingdom, specializing in the design and construction of biological pathways to produce desirable natural materials. Founded in 2015, Biotangents utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from multiple DNA components. The company has developed notable technologies such as Short Sequence Randomisation and Moduleic Sensing, the latter of which focuses on modular cell-free nucleic acid detection. Biotangents is also engaged in creating a veterinary diagnostic device aimed at detecting various infectious diseases in livestock. This device utilizes isothermal amplification technology, allowing for precise molecular detection without extensive technical requirements, and can be swiftly adapted to target new pathogens. Through its innovations, Biotangents strives to mitigate the impact of infectious diseases in livestock, enabling more efficient production of animal protein.

Novosound

Venture Round in 2024
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

Exergy3

Pre Seed Round in 2024
Exergy3, a spinout from the University of Edinburgh, specializes in energy storage solutions. It has developed a unique temperature energy storage technology that captures and stores excess green energy from the grid, converting it into ultra-high temperature heat. This heat is then used to displace fossil fuels in various industrial processes, thereby reducing carbon dioxide emissions. The company's solution is more cost-effective than alternatives like hydrogen carbon capture and storage, making it suitable for smaller or more remote processes.

Vector Photonics

Seed Round in 2024
Vector Photonics, based in Glasgow, Scotland, is a spin-out company from the University of Glasgow. It specializes in developing semiconductor laser technology for data communications and additive manufacturing, including metal and plastic printing. The company's innovation lies in photonic crystal surface-emitting lasers, which are low-cost and emit light from the top surface, facilitating easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies. This enables various industries to adopt their semiconductor laser technology in daily operations.

Ingenious Audio

Venture Round in 2023
Ingenious Audio Ltd is a Scottish company based in Edinburgh, specializing in the design and manufacture of audio electronics. Founded in 2010, the company is known for its innovative product, the invisible guitar cable. This compact plug-in device transforms traditional analogue audio products, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. By enabling wireless connections for existing guitars and amplifiers, Ingenious Audio allows users to utilize wireless effect pedals for the first time. The system facilitates seamless connections to Wi-Fi-enabled PCs, eliminating the need for costly recording and audio effects equipment while enabling users to share audio over the internet.

Microplate Dx

Seed Round in 2023
Microplate Dx develops innovative diagnostic technology aimed at reducing fatalities caused by drug-resistant infections. The company, spun out from the University of Strathclyde in Glasgow, focuses on creating point-of-care solutions that accurately detect specific infections and enable optimal antibiotic prescribing within an hour.

ENOUGH

Series C in 2023
ENOUGH is a company that develops and commercializes patented technology for producing mycoprotein, a meat-free food product. Its innovative process integrates production within existing bio-refineries, creating a sustainable and efficient system that produces Food, Fuel, and Feed simultaneously.

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 comprehensive platform designed to streamline training operations for various organizations, including training companies, corporate 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 booking. Administrate's solutions are adaptable, enabling users to integrate existing eLearning tools while managing diverse training programs, from executive education to adult learning. The platform emphasizes operational efficiency and data-driven decision-making, allowing organizations to better align their training initiatives with overall business objectives. Its services are utilized both in the United Kingdom and internationally, reflecting its global reach in the training sector.

Exergy3

Grant in 2023
Exergy3, a spinout from the University of Edinburgh, specializes in energy storage solutions. It has developed a unique temperature energy storage technology that captures and stores excess green energy from the grid, converting it into ultra-high temperature heat. This heat is then used to displace fossil fuels in various industrial processes, thereby reducing carbon dioxide emissions. The company's solution is more cost-effective than alternatives like hydrogen carbon capture and storage, making it suitable for smaller or more remote processes.

IbisVision

Venture Round in 2023
IbisVision Limited is a company that specializes in developing visual field test software aimed at the early detection of glaucoma, a leading cause of blindness. Its flagship product, Ring of Sight, utilizes patented technology to offer a unique eye testing experience through a cloud-based application that can be accessed remotely from various locations. The software consolidates multiple eye tests into one device, allowing healthcare professionals to conduct both in-practice and no-contact testing. This innovative approach not only enhances patient care but also supports optometrists in maximizing operational efficiency. Founded in 2013 and located in Livingston, United Kingdom, IbisVision is committed to improving eye care by providing a reliable and secure platform for diagnosing and monitoring glaucoma. The application ensures data privacy through secure encrypted servers, underscoring the company's dedication to maintaining high standards of patient confidentiality and security.

Vector Photonics

Seed Round in 2023
Vector Photonics, based in Glasgow, Scotland, is a spin-out company from the University of Glasgow. It specializes in developing semiconductor laser technology for data communications and additive manufacturing, including metal and plastic printing. The company's innovation lies in photonic crystal surface-emitting lasers, which are low-cost and emit light from the top surface, facilitating easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies. This enables various industries to adopt their semiconductor laser technology in daily 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.

The University of Edinburgh

Grant in 2023
The University of Edinburgh, established in 1583, is a prestigious institution located in Edinburgh, United Kingdom. It is renowned globally for its academic excellence, offering a wide range of disciplines, including its renowned Medical School and Law School. As one of Scotland's ancient universities, it is committed to delivering high-quality education, conducting cutting-edge research, and fostering innovation to address global challenges.

Novosound

Venture Round in 2022
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

Snappy Shopper

Venture Round in 2022
Snappy Shopper Ltd is an online food and grocery delivery service based in Dundee, United Kingdom, founded in 2017. The company specializes in offering a diverse range of products, including groceries, beverages, snacks, household items, baby care products, pet food, and magazines. Snappy Shopper partners with local convenience stores, allowing customers to order items from their inventories and receive deliveries in as little as 30 minutes. The platform promotes contact-free and same-day delivery, which has helped it gain popularity among consumers, amassing over 105,000 users. Customers typically spend an average of £27 per order, significantly higher than the average spend in traditional convenience stores. The service collaborates with well-known brands such as SPAR, Nisa, Co-Op, and Premier, alongside hundreds of independent retailers, providing an additional sales channel for these businesses. Top-performing stores on the platform can achieve home delivery retail sales exceeding £10,000 per week.

CardioPrecision

Venture Round in 2022
CardioPrecision Ltd is a medical equipment company based in Glasgow, United Kingdom, established in 2007. The company specializes in developing innovative devices for invasive cardiovascular surgery, focusing on minimally invasive procedures. CardioPrecision has created a patented technology that allows medical professionals to perform operations with minimal neck access, significantly reducing the invasiveness of procedures. One of its key devices is a specialized retractor designed to illuminate various areas of the operative field in alignment with the steps of cardiothoracic surgeries. This device enables surgeons to conduct endoscopic vessel harvesting and perform aortic valve replacements through small incisions, allowing for greater precision and control while maintaining a comfortable and natural posture during operations.

Biotangents

Venture Round in 2022
Biotangents Ltd. is a biotechnology company based in Glasgow, United Kingdom, specializing in the design and construction of biological pathways to produce desirable natural materials. Founded in 2015, Biotangents utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from multiple DNA components. The company has developed notable technologies such as Short Sequence Randomisation and Moduleic Sensing, the latter of which focuses on modular cell-free nucleic acid detection. Biotangents is also engaged in creating a veterinary diagnostic device aimed at detecting various infectious diseases in livestock. This device utilizes isothermal amplification technology, allowing for precise molecular detection without extensive technical requirements, and can be swiftly adapted to target new pathogens. Through its innovations, Biotangents strives to mitigate the impact of infectious diseases in livestock, enabling more efficient production of animal protein.

Speech Graphics

Series A in 2022
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Aberdeen Harbour Board

Debt Financing in 2022
Aberdeen Harbour Board operates as a key maritime transportation organization and logistics hub in the Port of Aberdeen. It offers a diverse range of facilities catering to various sectors, including oil and gas, renewable energy, freight, cruise, and ferry services. The organization focuses on providing value-added solutions aimed at reducing risks and project costs for its customers. Committed to maintaining high safety standards and environmental stewardship, Aberdeen Harbour Board plays a vital role in supporting the development of sustainable port operations, contributing to economic prosperity in the region.

SnapDragon Monitoring

Venture Round in 2021
SnapDragon Monitoring Limited, founded in 2014 and headquartered in Edinburgh, United Kingdom, specializes in developing software solutions for brand protection. The company offers both managed and self-service options to cater to different client needs. Its flagship product, Swoop, is designed to safeguard brand reputations in the marketplace, ensuring that consumers can trust the integrity of the brands they engage with. By focusing on brand monitoring and protection, SnapDragon aims to support businesses in maintaining their reputation and mitigating risks associated with brand infringement.

Snappy Shopper

Series A in 2021
Snappy Shopper Ltd is an online food and grocery delivery service based in Dundee, United Kingdom, founded in 2017. The company specializes in offering a diverse range of products, including groceries, beverages, snacks, household items, baby care products, pet food, and magazines. Snappy Shopper partners with local convenience stores, allowing customers to order items from their inventories and receive deliveries in as little as 30 minutes. The platform promotes contact-free and same-day delivery, which has helped it gain popularity among consumers, amassing over 105,000 users. Customers typically spend an average of £27 per order, significantly higher than the average spend in traditional convenience stores. The service collaborates with well-known brands such as SPAR, Nisa, Co-Op, and Premier, alongside hundreds of independent retailers, providing an additional sales channel for these businesses. Top-performing stores on the platform can achieve home delivery retail sales exceeding £10,000 per week.

ENOUGH

Series B in 2021
ENOUGH is a company that develops and commercializes patented technology for producing mycoprotein, a meat-free food product. Its innovative process integrates production within existing bio-refineries, creating a sustainable and efficient system that produces Food, Fuel, and Feed simultaneously.

Red61

Venture Round in 2021
Red61 Limited is a company that specializes in ticketing software, services, and consultancy aimed at festivals, events, venues, and ticket agencies operating in the United Kingdom, Australia, Ireland, and Abu Dhabi. Headquartered in Edinburgh, the company has developed a robust platform, including its flagship system, VIA, which facilitates high-volume ticket sales and allows for multi-venue ticketing management across various sales channels, such as online, mobile, in-person, and over the phone. Founded by Box Office Manager Tony Davey and software designer Peter McNaught out of a desire for a more effective and collaborative approach to ticketing solutions, Red61 focuses on building long-term relationships with clients, addressing frustrations prevalent in the ticketing market and aiming to simplify and organize the ticketing process for better event management.

Red61

Seed Round in 2020
Red61 Limited is a company that specializes in ticketing software, services, and consultancy aimed at festivals, events, venues, and ticket agencies operating in the United Kingdom, Australia, Ireland, and Abu Dhabi. Headquartered in Edinburgh, the company has developed a robust platform, including its flagship system, VIA, which facilitates high-volume ticket sales and allows for multi-venue ticketing management across various sales channels, such as online, mobile, in-person, and over the phone. Founded by Box Office Manager Tony Davey and software designer Peter McNaught out of a desire for a more effective and collaborative approach to ticketing solutions, Red61 focuses on building long-term relationships with clients, addressing frustrations prevalent in the ticketing market and aiming to simplify and organize the ticketing process for better event management.

pureLiFi

Debt Financing in 2020
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, that specializes in developing Li-Fi, a visible light communications technology. By utilizing the visible light spectrum instead of traditional radio frequencies, pureLiFi enables wireless data communication. The company offers various products, including Li-1st, which allows customers to develop and test VLC applications; Li-Flame, a secure wireless network solution; and the Li-Fire Platform, which supports wireless communications through light. Its technology is applicable in diverse fields such as smart lighting, healthcare, aviation, and location-based services, addressing issues like RF spectrum relief and enhancing mobile connectivity. Originally founded as pureVLC Ltd. in 2012, the company rebranded in 2013 to reflect its focus on Li-Fi solutions.

Speech Graphics

Debt Financing in 2020
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Amiqus Resolution

Debt Financing in 2020
Amiqus Resolution Ltd., founded in 2008 and based in Edinburgh, United Kingdom, focuses on designing and developing software solutions that enhance the processes of anti-money laundering, identity verification, and compliance checks. Their offerings include identity and credit reports, photo ID verification, basic disclosures, and company lookups. Additionally, Amiqus provides customizable forms, document management, and work assignment features, all in a secure environment that supports user access levels, audit logs, and two-factor authentication. The company serves diverse sectors, including accountancy, legal, property, recruitment, finance, and public services. Amiqus also offers an online service aimed at resolving commercial disputes efficiently and affordably, facilitating access to justice through innovative dispute resolution solutions.

Optoscribe

Debt Financing in 2020
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Sunamp

Series A in 2020
Sunamp Ltd. specializes in designing, manufacturing, and selling heat batteries for various applications. Its products include UniQ Heat Batteries for hot water and heating systems, SunampPV for solar PV integration, SunampStack for optimizing renewable heat sources, and SunampCube for large-scale heat storage. Incorporated in 2005, the company is headquartered in Macmerry, United Kingdom.

Red61

Venture Round in 2020
Red61 Limited is a company that specializes in ticketing software, services, and consultancy aimed at festivals, events, venues, and ticket agencies operating in the United Kingdom, Australia, Ireland, and Abu Dhabi. Headquartered in Edinburgh, the company has developed a robust platform, including its flagship system, VIA, which facilitates high-volume ticket sales and allows for multi-venue ticketing management across various sales channels, such as online, mobile, in-person, and over the phone. Founded by Box Office Manager Tony Davey and software designer Peter McNaught out of a desire for a more effective and collaborative approach to ticketing solutions, Red61 focuses on building long-term relationships with clients, addressing frustrations prevalent in the ticketing market and aiming to simplify and organize the ticketing process for better event management.

Amiqus Resolution

Venture Round in 2020
Amiqus Resolution Ltd., founded in 2008 and based in Edinburgh, United Kingdom, focuses on designing and developing software solutions that enhance the processes of anti-money laundering, identity verification, and compliance checks. Their offerings include identity and credit reports, photo ID verification, basic disclosures, and company lookups. Additionally, Amiqus provides customizable forms, document management, and work assignment features, all in a secure environment that supports user access levels, audit logs, and two-factor authentication. The company serves diverse sectors, including accountancy, legal, property, recruitment, finance, and public services. Amiqus also offers an online service aimed at resolving commercial disputes efficiently and affordably, facilitating access to justice through innovative dispute resolution solutions.

Sunamp

Venture Round in 2020
Sunamp Ltd. specializes in designing, manufacturing, and selling heat batteries for various applications. Its products include UniQ Heat Batteries for hot water and heating systems, SunampPV for solar PV integration, SunampStack for optimizing renewable heat sources, and SunampCube for large-scale heat storage. Incorporated in 2005, the company is headquartered in Macmerry, United Kingdom.

Speech Graphics

Venture Round in 2020
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Optoscribe

Venture Round in 2020
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

SHE Software

Grant in 2020
SHE Software Ltd. is a provider of health and safety software solutions aimed at minimizing workplace risks. Founded in 1993 and based in East Kilbride, United Kingdom, the company specializes in its flagship product, Assure, which facilitates comprehensive health and safety management through features such as incident reporting, risk assessments, training record management, and contractor regulation. SHE Software also offers various modules that cover risk assessment, incident management, asset management, behavioral management, and environmental assessments, making it applicable across multiple sectors, including healthcare, construction, manufacturing, and education. The company delivers its software via desktop, web, cloud, and mobile platforms, ensuring broad accessibility and engagement. With a focus on innovation, SHE Software is positioned at the forefront of the evolving health and safety landscape, leveraging advancements in cloud computing and predictive analytics to enhance productivity and safety assurance for its clients.

Ingenious Audio

Venture Round in 2020
Ingenious Audio Ltd is a Scottish company based in Edinburgh, specializing in the design and manufacture of audio electronics. Founded in 2010, the company is known for its innovative product, the invisible guitar cable. This compact plug-in device transforms traditional analogue audio products, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. By enabling wireless connections for existing guitars and amplifiers, Ingenious Audio allows users to utilize wireless effect pedals for the first time. The system facilitates seamless connections to Wi-Fi-enabled PCs, eliminating the need for costly recording and audio effects equipment while enabling users to share audio over the internet.

PolyDigi

Pre Seed Round in 2020
PolyDigi develops cybersecurity and identity access management solutions that deliver robust authentication and secure communications to protect online banking, payments, and digital transactions. Its flagship platform supports multi-factor authentication up to five factors and works with existing mobile channels (SMS, MMS, IMS, RCS) without requiring additional apps, aiming to balance security and user experience. The offerings address fraud and cyber threats such as phishing, identity theft, malware, and approval-push payment scams across banks, financial institutions, governments, and individual users. PolyDigi has been recognized for cybersecurity innovation in the United Kingdom and Scotland.

Novosound

Venture Round in 2019
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

pureLiFi

Venture Round in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, that specializes in developing Li-Fi, a visible light communications technology. By utilizing the visible light spectrum instead of traditional radio frequencies, pureLiFi enables wireless data communication. The company offers various products, including Li-1st, which allows customers to develop and test VLC applications; Li-Flame, a secure wireless network solution; and the Li-Fire Platform, which supports wireless communications through light. Its technology is applicable in diverse fields such as smart lighting, healthcare, aviation, and location-based services, addressing issues like RF spectrum relief and enhancing mobile connectivity. Originally founded as pureVLC Ltd. in 2012, the company rebranded in 2013 to reflect its focus on Li-Fi solutions.

pureLiFi

Debt Financing in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, that specializes in developing Li-Fi, a visible light communications technology. By utilizing the visible light spectrum instead of traditional radio frequencies, pureLiFi enables wireless data communication. The company offers various products, including Li-1st, which allows customers to develop and test VLC applications; Li-Flame, a secure wireless network solution; and the Li-Fire Platform, which supports wireless communications through light. Its technology is applicable in diverse fields such as smart lighting, healthcare, aviation, and location-based services, addressing issues like RF spectrum relief and enhancing mobile connectivity. Originally founded as pureVLC Ltd. in 2012, the company rebranded in 2013 to reflect its focus on Li-Fi solutions.

Snappy Shopper

Seed Round in 2019
Snappy Shopper Ltd is an online food and grocery delivery service based in Dundee, United Kingdom, founded in 2017. The company specializes in offering a diverse range of products, including groceries, beverages, snacks, household items, baby care products, pet food, and magazines. Snappy Shopper partners with local convenience stores, allowing customers to order items from their inventories and receive deliveries in as little as 30 minutes. The platform promotes contact-free and same-day delivery, which has helped it gain popularity among consumers, amassing over 105,000 users. Customers typically spend an average of £27 per order, significantly higher than the average spend in traditional convenience stores. The service collaborates with well-known brands such as SPAR, Nisa, Co-Op, and Premier, alongside hundreds of independent retailers, providing an additional sales channel for these businesses. Top-performing stores on the platform can achieve home delivery retail sales exceeding £10,000 per week.

pureLiFi

Series B in 2019
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, that specializes in developing Li-Fi, a visible light communications technology. By utilizing the visible light spectrum instead of traditional radio frequencies, pureLiFi enables wireless data communication. The company offers various products, including Li-1st, which allows customers to develop and test VLC applications; Li-Flame, a secure wireless network solution; and the Li-Fire Platform, which supports wireless communications through light. Its technology is applicable in diverse fields such as smart lighting, healthcare, aviation, and location-based services, addressing issues like RF spectrum relief and enhancing mobile connectivity. Originally founded as pureVLC Ltd. in 2012, the company rebranded in 2013 to reflect its focus on Li-Fi solutions.

Spire Global

Convertible Note in 2019
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.

Amiqus Resolution

Venture Round in 2019
Amiqus Resolution Ltd., founded in 2008 and based in Edinburgh, United Kingdom, focuses on designing and developing software solutions that enhance the processes of anti-money laundering, identity verification, and compliance checks. Their offerings include identity and credit reports, photo ID verification, basic disclosures, and company lookups. Additionally, Amiqus provides customizable forms, document management, and work assignment features, all in a secure environment that supports user access levels, audit logs, and two-factor authentication. The company serves diverse sectors, including accountancy, legal, property, recruitment, finance, and public services. Amiqus also offers an online service aimed at resolving commercial disputes efficiently and affordably, facilitating access to justice through innovative dispute resolution solutions.

Spire Global

Grant in 2019
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.

Calcivis

Venture Round in 2019
Calcivis is a privately held company founded in 2012 and headquartered in Edinburgh, Scotland. It specializes in developing and commercializing innovative dental imaging technology aimed at addressing significant unmet needs in dentistry. The company's core product is a platform designed to revolutionize the treatment of tooth decay by enabling dentists to visualize active decay early, potentially preventing cavities that would otherwise require drilling and filling. Calcivis operates a virtual development model, collaborating with contract research and manufacturing organizations predominantly based in Scotland.

CuanTec

Venture Round in 2019
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, United Kingdom, founded in 2016. The company specializes in manufacturing biodegradable and compostable plastic films specifically for the food industry, using an innovative process that extracts chitin from the waste of shellfish, particularly langoustines. By utilizing a circular economy approach, CuanTec transforms marine waste from the fisheries industry into environmentally responsible packaging solutions. Their production process is low-energy and minimizes waste, employing harmless bacteria to extract chitin, resulting in a high-quality product. CuanTec's films are not only antimicrobial but also compostable and biodegradable, addressing the pressing issue of plastic pollution and helping to extend the shelf life of fresh food while reducing food waste.

Novosound

Grant in 2019
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

Machine Labs

Seed Round in 2019
Machine Labs Limited is a software development company based in Edinburgh, Scotland, founded in 2018. It specializes in creating data-driven marketing solutions that leverage machine learning to enhance advertising effectiveness and database marketing. The company's software aims to optimize marketing campaigns by ensuring that consumers receive relevant offers at the right time, thus enabling businesses to target interested audiences more effectively. Additionally, Machine Labs provides comprehensive resources for users, including marketing training, documentation, and a help center. With a focus on small and medium-sized enterprises, the company offers an accessible online platform that eliminates the need for complex sales processes, allowing users to test its automation and analysis tools for free within a defined limit.

Speech Graphics

Venture Round in 2019
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Product Guru

Seed Round in 2019
Product Guru Ltd operates a product discovery platform in the United Kingdom, connecting product suppliers with retail buyers. Founded in 2018 and based in Glasgow, the company enables suppliers across various categories, including fast-moving consumer goods, home, gift, and travel, to showcase their offerings effectively. Retail buyers benefit from the platform by reviewing and comparing products, which facilitates informed purchasing decisions. The company also provides support services to enhance the experience for both suppliers and buyers. In an evolving retail sector where small, specialized suppliers are increasingly driving innovation, Product Guru addresses the challenges buyers face in evaluating a diverse range of product options.

LendingCrowd

Debt Financing in 2019
Founded in 2014, LendingCrowd is a Scottish-based fintech company that operates a leading lending platform serving mainland UK. It connects businesses with individual and institutional lenders to facilitate fast and flexible loans, supporting small and medium-sized enterprises' growth ambitions.

Biotangents

Series A in 2019
Biotangents Ltd. is a biotechnology company based in Glasgow, United Kingdom, specializing in the design and construction of biological pathways to produce desirable natural materials. Founded in 2015, Biotangents utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from multiple DNA components. The company has developed notable technologies such as Short Sequence Randomisation and Moduleic Sensing, the latter of which focuses on modular cell-free nucleic acid detection. Biotangents is also engaged in creating a veterinary diagnostic device aimed at detecting various infectious diseases in livestock. This device utilizes isothermal amplification technology, allowing for precise molecular detection without extensive technical requirements, and can be swiftly adapted to target new pathogens. Through its innovations, Biotangents strives to mitigate the impact of infectious diseases in livestock, enabling more efficient production of animal protein.

Administrate

Series A in 2019
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 comprehensive platform designed to streamline training operations for various organizations, including training companies, corporate 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 booking. Administrate's solutions are adaptable, enabling users to integrate existing eLearning tools while managing diverse training programs, from executive education to adult learning. The platform emphasizes operational efficiency and data-driven decision-making, allowing organizations to better align their training initiatives with overall business objectives. Its services are utilized both in the United Kingdom and internationally, reflecting its global reach in the training sector.

Amiqus Resolution

Venture Round in 2019
Amiqus Resolution Ltd., founded in 2008 and based in Edinburgh, United Kingdom, focuses on designing and developing software solutions that enhance the processes of anti-money laundering, identity verification, and compliance checks. Their offerings include identity and credit reports, photo ID verification, basic disclosures, and company lookups. Additionally, Amiqus provides customizable forms, document management, and work assignment features, all in a secure environment that supports user access levels, audit logs, and two-factor authentication. The company serves diverse sectors, including accountancy, legal, property, recruitment, finance, and public services. Amiqus also offers an online service aimed at resolving commercial disputes efficiently and affordably, facilitating access to justice through innovative dispute resolution solutions.

Greengage Lighting

Venture Round in 2019
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Greengage Lighting

Venture Round in 2018
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Sunamp

Series A in 2018
Sunamp Ltd. specializes in designing, manufacturing, and selling heat batteries for various applications. Its products include UniQ Heat Batteries for hot water and heating systems, SunampPV for solar PV integration, SunampStack for optimizing renewable heat sources, and SunampCube for large-scale heat storage. Incorporated in 2005, the company is headquartered in Macmerry, United Kingdom.

Scottish EDGE

Venture Round in 2018
Scottish EDGE is a Glasgow-based organization that runs a competitive funding program to identify and support Scotland’s innovative, high-growth entrepreneurial talent. Established in 2014, it provides grants and loans to early-stage startups, social enterprises, and charities, alongside mentorship and ongoing follow-up support to help participants develop and scale their ventures. The program offers financial awards ranging from £10,000 to £100,000 and prize funding up to £150,000, reinforcing its role as a leading source of early-stage capital and advisory assistance for Scotland’s entrepreneurial ecosystem.

Speech Graphics

Venture Round in 2018
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Optoscribe

Series C in 2018
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Dukosi

Venture Round in 2018
Dukosi Ltd is a company that specializes in the design, development, and manufacture of advanced battery management systems, primarily serving the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, Dukosi offers innovative cell sensor products tailored for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility solutions. The company's technology enables real-time monitoring of individual battery cell health, contributing to enhanced performance and longevity. Dukosi's solutions are aimed at providing reliable and renewable energy sources for vehicles, transport networks, and various applications, thereby supporting the transition to cleaner energy technologies.

Calcivis

Venture Round in 2018
Calcivis is a privately held company founded in 2012 and headquartered in Edinburgh, Scotland. It specializes in developing and commercializing innovative dental imaging technology aimed at addressing significant unmet needs in dentistry. The company's core product is a platform designed to revolutionize the treatment of tooth decay by enabling dentists to visualize active decay early, potentially preventing cavities that would otherwise require drilling and filling. Calcivis operates a virtual development model, collaborating with contract research and manufacturing organizations predominantly based in Scotland.

GETGUIDED

Grant in 2018
GETGUIDED Ltd is an online platform established in 2015 and based in Edinburgh, United Kingdom, that connects users with unique tours and experiences provided by trusted and verified local guides. The platform simplifies the search, booking, and management processes for Destination Management Companies (DMCs) and Incoming Operators by offering a streamlined system for distributing custom tour requests. DMCs can access an easy-to-use dashboard to manage bookings, communicate with suppliers, and track essential data. Additionally, GETGUIDED provides a commission-free marketplace where registered suppliers can advertise their private, verified tours and activities, facilitating connections with industry players such as hotels and travel agencies. The platform leverages artificial intelligence and machine learning to analyze transaction data, generating valuable insights for clients and suppliers in the travel industry.

Synpromics

Grant in 2018
Synpromics Ltd. is a biotechnology company based in Edinburgh, United Kingdom, founded in 2010. The company specializes in the development and commercialization of synthetic promoters, which are crucial for controlling gene expression and regulation. Synpromics aims to enhance human health by facilitating the creation of safer and more effective cell and gene therapies. Utilizing proprietary genomics and bioinformatics, along with an intelligent data-driven design approach, Synpromics provides a multi-dimensional bioinformatics database that supports product-specific promoter design and selection. This technology empowers biological researchers and developers in the AgBio sector to innovate and improve efficacy and safety in the development of new medicines and bioprocessing applications. As of August 2019, Synpromics operates as a subsidiary of Asklepios BioPharmaceutical, Inc.

Novosound

Venture Round in 2018
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

ENOUGH

Series A in 2018
ENOUGH is a company that develops and commercializes patented technology for producing mycoprotein, a meat-free food product. Its innovative process integrates production within existing bio-refineries, creating a sustainable and efficient system that produces Food, Fuel, and Feed simultaneously.

LendingCrowd

Venture Round in 2018
Founded in 2014, LendingCrowd is a Scottish-based fintech company that operates a leading lending platform serving mainland UK. It connects businesses with individual and institutional lenders to facilitate fast and flexible loans, supporting small and medium-sized enterprises' growth ambitions.

Biotangents

Seed Round in 2018
Biotangents Ltd. is a biotechnology company based in Glasgow, United Kingdom, specializing in the design and construction of biological pathways to produce desirable natural materials. Founded in 2015, Biotangents utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from multiple DNA components. The company has developed notable technologies such as Short Sequence Randomisation and Moduleic Sensing, the latter of which focuses on modular cell-free nucleic acid detection. Biotangents is also engaged in creating a veterinary diagnostic device aimed at detecting various infectious diseases in livestock. This device utilizes isothermal amplification technology, allowing for precise molecular detection without extensive technical requirements, and can be swiftly adapted to target new pathogens. Through its innovations, Biotangents strives to mitigate the impact of infectious diseases in livestock, enabling more efficient production of animal protein.

Pyreos

Venture Round in 2018
Pyreos Limited is a UK-based company specializing in the development of infrared sensor array products. Founded in 2007 and headquartered in Edinburgh, Pyreos utilizes patented thin film pyro-electric ceramic technology to create a range of infrared sensors applicable in various fields. The company's product offerings include bare die arrays, packaged components, and custom arrays designed for motion and occupancy detection, flame detection, people counting, gas analysis, spectroscopy, and infrared camera applications. Pyreos focuses on three primary markets—food safety, gas detection, and fuel/oil condition monitoring—where its compact and high-performance sensors operate in the mid-infrared spectrum, allowing for precise identification of material molecular compositions.

Calcivis

Venture Round in 2017
Calcivis is a privately held company founded in 2012 and headquartered in Edinburgh, Scotland. It specializes in developing and commercializing innovative dental imaging technology aimed at addressing significant unmet needs in dentistry. The company's core product is a platform designed to revolutionize the treatment of tooth decay by enabling dentists to visualize active decay early, potentially preventing cavities that would otherwise require drilling and filling. Calcivis operates a virtual development model, collaborating with contract research and manufacturing organizations predominantly based in Scotland.

Sumdog

Venture Round in 2017
Sumdog Ltd is an online adaptive learning platform based in Edinburgh, United Kingdom, founded in 1994. The company specializes in educational games focused on Mathematics and English, aiming to motivate students through engaging, multiplayer experiences. Its unique learning engine tailors content to each student's ability, aligning with the national curriculum. The platform offers teachers and parents tools to track student progress through class reports and proficiency charts, while enabling them to set activities, challenges, competitions, and assessments. Since 2010, Sumdog has committed to making learning enjoyable for all students, with additional office presence in New York. The platform operates on a freemium model, allowing users to access games-based learning systems at no cost.

ENOUGH

Seed Round in 2017
ENOUGH is a company that develops and commercializes patented technology for producing mycoprotein, a meat-free food product. Its innovative process integrates production within existing bio-refineries, creating a sustainable and efficient system that produces Food, Fuel, and Feed simultaneously.

Greengage Lighting

Venture Round in 2017
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Ryboquin

Venture Round in 2017
Ryboquin Ltd. is a virtual pharmaceutical company based in Selkirk, United Kingdom, focused on developing and commercializing oncology therapies. Incorporated in 2013, the company aims to transform under-developed intellectual property into effective treatments for cancer patients. Its primary product in the pipeline is ECP-102, a tumor apoptosis enhancer that aims to improve the efficacy of chemotherapy across various cancer types. Ryboquin utilizes advanced technologies, including nanotechnology, to optimize its gene therapies and enhance the overall effectiveness of cancer treatment, making them more accessible and affordable for patients and healthcare professionals worldwide.

Optoscribe

Series B in 2017
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Crossing35

Grant in 2017
Crossing35 is a Scotland based startup building an AI enabled platform to help CEOs tap global markets and find potential business partners.

Synpromics

Venture Round in 2017
Synpromics Ltd. is a biotechnology company based in Edinburgh, United Kingdom, founded in 2010. The company specializes in the development and commercialization of synthetic promoters, which are crucial for controlling gene expression and regulation. Synpromics aims to enhance human health by facilitating the creation of safer and more effective cell and gene therapies. Utilizing proprietary genomics and bioinformatics, along with an intelligent data-driven design approach, Synpromics provides a multi-dimensional bioinformatics database that supports product-specific promoter design and selection. This technology empowers biological researchers and developers in the AgBio sector to innovate and improve efficacy and safety in the development of new medicines and bioprocessing applications. As of August 2019, Synpromics operates as a subsidiary of Asklepios BioPharmaceutical, Inc.

Inquisitive Systems

Series A in 2017
Inquisitive Systems Ltd. is a data protection software company based in Edinburgh, United Kingdom, established in 2008 as a spin-out from Edinburgh Napier University. Founded by Dr. Jamie Graves and Professor Bill Buchanan, the company aims to become a leader in information security software. Inquisitive Systems developed its core technology, foxDNATM, during Dr. Graves' postgraduate research focused on enhancing digital forensic investigations. The software is designed to protect intellectual property from security breaches, analyze relevant data, provide alerts, and monitor forensic user activity. After securing a grant from Scottish Enterprise, the company began commercial operations in 2010, focusing on delivering innovative solutions to address growing cybersecurity challenges.

Dukosi

Series A in 2017
Dukosi Ltd is a company that specializes in the design, development, and manufacture of advanced battery management systems, primarily serving the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, Dukosi offers innovative cell sensor products tailored for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility solutions. The company's technology enables real-time monitoring of individual battery cell health, contributing to enhanced performance and longevity. Dukosi's solutions are aimed at providing reliable and renewable energy sources for vehicles, transport networks, and various applications, thereby supporting the transition to cleaner energy technologies.

Blazing Griffin

Series A in 2017
Founded in 2011 as a game development studio in Scotland, Blazing Griffin has since expanded into film production and television post-production. With around 25 staff across Edinburgh and Glasgow, the company specialises in storytelling across various platforms, offering services such as video game development, film and television production, and high-end post-production.

Greengage Lighting

Venture Round in 2017
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

MOFgen

Seed Round in 2016
MOFgen Ltd is a pioneering company that specializes in the development and commercialization of metal-organic frameworks (MOFs) for medical and therapeutic applications. Originating as a spin-out from the University of St Andrews, MOFgen leverages patented technology developed by renowned porous material scientist Prof. Russell Morris. The company focuses on creating innovative solutions to healthcare challenges by designing and manufacturing MOFs that can be loaded with antibacterial, wound healing, and anti-thrombotic agents. These products are intended for use in coatings on medical devices, aiming to enhance patient care by reducing infection rates and minimizing the need for prolonged hospital stays. Through collaboration with various partners, MOFgen is dedicated to addressing critical issues such as healthcare-associated infections, bacterial resistance, chronic wound healing, and arterial access.

CuanTec

Seed Round in 2016
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, United Kingdom, founded in 2016. The company specializes in manufacturing biodegradable and compostable plastic films specifically for the food industry, using an innovative process that extracts chitin from the waste of shellfish, particularly langoustines. By utilizing a circular economy approach, CuanTec transforms marine waste from the fisheries industry into environmentally responsible packaging solutions. Their production process is low-energy and minimizes waste, employing harmless bacteria to extract chitin, resulting in a high-quality product. CuanTec's films are not only antimicrobial but also compostable and biodegradable, addressing the pressing issue of plastic pollution and helping to extend the shelf life of fresh food while reducing food waste.

Ateeda

Venture Round in 2016
Ateeda Limited is a company that specializes in the design and manufacturing of testing modules for electronic chip manufacturers. Based in Edinburgh, United Kingdom, it provides electronic design automation tools focused on the analog testing of various components, including analog-to-digital converters, digital-to-analog converters, regulators, references, and drivers. Ateeda's offerings also include built-in self-test solutions for linear circuits and digital testing for analog circuits, catering to industries such as HD audio, precision medical, industrial, and automotive markets. Founded in 2005 and originally known as York Place (No. 359) Limited, the company aims to enhance the efficiency and quality of semiconductor production, helping microchip enterprises reduce costs while meeting the specifications required by leading consumer brands.

FINDRA

Seed Round in 2016
FINDRA is a Scottish brand specializing in high-performance outdoor and adventure clothing for women. The company focuses on designing stylish, versatile, and sustainable apparel made from Italian merino wool, which offers natural wicking properties. By providing high-quality clothing that balances performance and aesthetics, FINDRA encourages women to embrace outdoor activities and lead healthier, more active lifestyles. The brand's mission is to inspire women to pursue adventure without compromising on style or functionality, helping them to become better versions of themselves. Through its e-commerce platform, FINDRA promotes a commitment to sustainability while catering to the needs of adventurous women.

Synaptec

Seed Round in 2016
Synaptec Ltd. is a Glasgow-based company founded in 2014 that specializes in the development and deployment of photonic sensing systems. These systems leverage existing optical fiber networks to monitor various critical parameters required by electricity network operators. Synaptec's patented technology enables the measurement of voltage, current, temperature, and vibrations across long distances and multiple locations using a single optical fiber, which enhances network protection and fault identification. The company’s solutions help reduce electrical power transmission costs by minimizing outages and civil works, while also providing significant benefits such as improved stability of power networks, increased security of energy supply, and lower emissions. Through its innovative approach, Synaptec aims to support network operators and contribute positively to society.

Pyreos

Venture Round in 2016
Pyreos Limited is a UK-based company specializing in the development of infrared sensor array products. Founded in 2007 and headquartered in Edinburgh, Pyreos utilizes patented thin film pyro-electric ceramic technology to create a range of infrared sensors applicable in various fields. The company's product offerings include bare die arrays, packaged components, and custom arrays designed for motion and occupancy detection, flame detection, people counting, gas analysis, spectroscopy, and infrared camera applications. Pyreos focuses on three primary markets—food safety, gas detection, and fuel/oil condition monitoring—where its compact and high-performance sensors operate in the mid-infrared spectrum, allowing for precise identification of material molecular compositions.

Optoscribe

Series A in 2016
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Greengage Lighting

Venture Round in 2016
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Clear Surgical

Venture Round in 2016
Clear Surgical Ltd is a medical device company founded in 2013 and based in Larbert, United Kingdom. The company specializes in the design, manufacture, and sale of innovative surgical devices aimed at enhancing surgical procedures. Its flagship product, The Oplight, utilizes LED technology to illuminate surgical cavities, improving visibility during open cavity surgeries. Additionally, Clear Surgical offers Cannulated Reduction Forceps, which integrate a guidance system to facilitate optimal implant placement in orthopedic procedures. By focusing on advancements in medical technology, Clear Surgical aims to enhance surgical efficiency and improve clinical outcomes for healthcare providers.

Greengage Lighting

Venture Round in 2016
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Administrate

Seed Round in 2015
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 comprehensive platform designed to streamline training operations for various organizations, including training companies, corporate 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 booking. Administrate's solutions are adaptable, enabling users to integrate existing eLearning tools while managing diverse training programs, from executive education to adult learning. The platform emphasizes operational efficiency and data-driven decision-making, allowing organizations to better align their training initiatives with overall business objectives. Its services are utilized both in the United Kingdom and internationally, reflecting its global reach in the training sector.

Caldan Therapeutics

Series A in 2015
Caldan Therapeutics is a spinout from the University of Glasgow and the University of Southern Denmark focused on developing therapeutics that modulate free fatty acid receptors to address metabolic diseases, including Type 2 Diabetes, with potential applications in non-alcoholic steatohepatitis and inflammatory conditions. Building on a long-term collaboration between leading researchers, the company seeks to target multiple aspects of diabetes pathology, such as insulin secretion, insulin sensitivity, and islet cell protection, while aiming to reduce inflammatory activity in muscle, liver, and adipose tissue. The approach centers on delivering glucose-lowering effects by modulating receptor pathways implicated in diabetes and related inflammatory diseases.

Dukosi

Venture Round in 2015
Dukosi Ltd is a company that specializes in the design, development, and manufacture of advanced battery management systems, primarily serving the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, Dukosi offers innovative cell sensor products tailored for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility solutions. The company's technology enables real-time monitoring of individual battery cell health, contributing to enhanced performance and longevity. Dukosi's solutions are aimed at providing reliable and renewable energy sources for vehicles, transport networks, and various applications, thereby supporting the transition to cleaner energy technologies.

deltaDNA

Venture Round in 2015
deltaDNA Limited is a provider of real-time player relationship management (PRM) solutions aimed at enhancing player engagement in free-to-play games, social casinos, and real money gambling. Founded in 2010 and based in Edinburgh, United Kingdom, deltaDNA offers a comprehensive suite of tools, including deltaDNA Measure for performance tracking, deltaDNA Insight for advanced analytics, and deltaDNA Engage for player interaction. The platform empowers game developers and publishers to analyze player behavior, enabling personalized experiences through real-time targeting and communication across various channels. Its capabilities include powerful data mining, A/B testing, and 3D segmentation tools, allowing users to generate insights that drive player engagement and optimize acquisition strategies. Formerly known as GamesAnalytics Ltd., deltaDNA rebranded in 2014 and operates as a subsidiary of Unity Technologies SF.

Taragenyx

Venture Round in 2015
Taragenyx Ltd. is an orthopedic biotechnology company based in Glasgow, United Kingdom, that specializes in developing innovative self-healing implant technologies to assist the body in its natural repair processes. Founded in 2010 and originally known as RRG Coatings Ltd., Taragenyx focuses on applications in spine, trauma, extremities, and biologics. The company is engaged in creating therapeutic implants featuring bio-passive, bio-active, and bio-regenerative coatings that incorporate active pharmaceuticals and biologics directly onto the implant surfaces. This technology enables localized release of compounds post-operatively, aiming to accelerate bone growth, enhance healing, and diminish the risks of infection and pain. Taragenyx’s products are designed to address and mitigate limb-threatening surgical complications, ultimately improving patient outcomes in orthopedic and dental procedures.

Ingenious Audio

Venture Round in 2015
Ingenious Audio Ltd is a Scottish company based in Edinburgh, specializing in the design and manufacture of audio electronics. Founded in 2010, the company is known for its innovative product, the invisible guitar cable. This compact plug-in device transforms traditional analogue audio products, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. By enabling wireless connections for existing guitars and amplifiers, Ingenious Audio allows users to utilize wireless effect pedals for the first time. The system facilitates seamless connections to Wi-Fi-enabled PCs, eliminating the need for costly recording and audio effects equipment while enabling users to share audio over the internet.

Clear Surgical

Venture Round in 2015
Clear Surgical Ltd is a medical device company founded in 2013 and based in Larbert, United Kingdom. The company specializes in the design, manufacture, and sale of innovative surgical devices aimed at enhancing surgical procedures. Its flagship product, The Oplight, utilizes LED technology to illuminate surgical cavities, improving visibility during open cavity surgeries. Additionally, Clear Surgical offers Cannulated Reduction Forceps, which integrate a guidance system to facilitate optimal implant placement in orthopedic procedures. By focusing on advancements in medical technology, Clear Surgical aims to enhance surgical efficiency and improve clinical outcomes for healthcare providers.

Sunamp

Seed Round in 2015
Sunamp Ltd. specializes in designing, manufacturing, and selling heat batteries for various applications. Its products include UniQ Heat Batteries for hot water and heating systems, SunampPV for solar PV integration, SunampStack for optimizing renewable heat sources, and SunampCube for large-scale heat storage. Incorporated in 2005, the company is headquartered in Macmerry, United Kingdom.
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