Scottish Enterprise

Scottish Enterprise, established in 1991, is Scotland's principal economic development agency, operating as a non-departmental public body of the Scottish Government. Its mission is to stimulate Scotland's economic growth by fostering an innovative, high-wage, and productive economy with a strong international presence. The agency partners with both public and private sectors to identify and capitalize on opportunities that drive significant, lasting economic impact. Scottish Enterprise provides comprehensive support to businesses, including helping companies secure appropriate finance, strengthening management teams, and facilitating growth and export initiatives. It works closely with Scottish SMEs, as well as UK and international investors, such as business angels, venture capital groups, and corporate investors. The agency operates across Scotland in collaboration with Highlands and Islands Enterprise, aiming to increase the supply of finance for businesses and support the SME funding market.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Victoria Carmichael

Commercial Director

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

Susan Armes

Senior Investment Manager

Past deals in Western Europe

United Kingdom Testing and Certification

Grant in 2025
United Kingdom Testing and Certification provide solutions for end-to-end testing, inspection and full fire certification.

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.

Cytomos

Venture Round in 2024
Cytomos Limited, established in 2011 and based in Edinburgh, United Kingdom, specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. The company is known for its patented Dielectric Spectroscopy (CDS) technology, which enables label-free cell analysis with single-cell resolution. This innovative approach provides comprehensive insights into bioprocesses, facilitating automated and quantitative assessments crucial for biomedical research. Cytomos' systems are designed to support biopharma and cell therapy applications by offering deep data analysis per cell, thereby enhancing phenotypic drug discovery and stem cell therapy. By leveraging machine learning algorithms, Cytomos provides researchers with the tools necessary to optimize cell-based diagnostics and ensure accurate dosing in therapeutic contexts.

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.

Invizius

Venture Round in 2024
Invizius Ltd., established in 2018 and headquartered in Edinburgh, UK, is a medical technology company specializing in innovative solutions for extracorporeal treatments. The company's flagship product, H-Guard, is an advanced hemocompatible coating designed to prevent foreign body reactions in the blood during procedures such as dialysis, cardiopulmonary bypass, and ECMO. By reducing immune system activation, H-Guard aims to minimize cardiovascular complications and improve patient outcomes in long-term dialysis treatments.

MiAlgae

Series A in 2024
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the production of microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on generating high-value microalgae rich in Omega-3 fatty acids and antioxidants, essential for the nutrition of livestock, particularly in the aquaculture sector. By utilizing wastewater remediation in its production processes, MiAlgae embraces a circular economy model that reduces operating costs and enhances competitiveness against traditional feed supplements. The company's innovative approach not only addresses the nutritional needs of livestock and pets but also promotes sustainable practices in the agriculture industry.

Triyit

Venture Round in 2024
Triyit Ltd. is a company based in Paisley, United Kingdom, that specializes in test marketing services, enabling brands to gather valuable feedback on products from target consumers before launch. Established in 2016, Triyit operates a product discovery club that offers members personalized selections of new products to sample at home, free of charge. The platform not only facilitates product trials for consumers but also provides brands with tools to analyze consumer preferences and optimize their marketing strategies. Through detailed product descriptions and lifestyle preferences, Triyit enhances market reach and supports companies in understanding their target audience better.

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.

ILC Therapeutics

Venture Round in 2024
ILC Therapeutics Ltd is a biotechnology company based in Lanarkshire, United Kingdom, established in 2012. The company focuses on modulating the innate immune system through the development of novel peptide therapeutics aimed at treating various conditions, including cancer, atopic dermatitis, psoriasis, and COVID-19. ILC Therapeutics is pioneering a new class of interferon medicines known as hybrid interferons, which combine features from different natural interferon subtypes into a single molecule. This innovative approach seeks to enhance efficacy and improve safety in therapeutic applications, ultimately enabling healthcare professionals to achieve better patient outcomes and advance treatments for serious diseases.

Shot Scope

Series B in 2024
Shot Scope is a technology company based in Edinburgh, United Kingdom, focused on developing performance-tracking devices for golfers. The company's innovative device collects and analyzes a wide range of statistics from golf games, enabling players to gain a competitive edge and make informed decisions on the course. By identifying areas for improvement, Shot Scope allows golfers to tailor their practice sessions to address specific weaknesses. The technology is designed to provide detailed insights into various aspects of a player's performance, including club distances, approaches, short games, tee shots, and putting. Shot Scope's products are expected to undergo trials on UK golf courses, with a general release planned for 2016.

Chromacity

Seed Round in 2024
Chromacity Ltd. is a company based in Edinburgh, United Kingdom, specializing in the development, manufacturing, and distribution of wavelength tunable femtosecond lasers. Founded as a spin-out from Heriot-Watt University in 2013, it boasts a founding team with over 40 years of experience in ultrafast lasers. Chromacity's product lineup includes several advanced lasers such as the Spark 1030-nm and Spark-HP 1040-nm femtosecond lasers, designed for life sciences and spectroscopy applications. The company also offers Spark-X and Spark-OPO models, which provide tunable femtosecond pulses across various wavelengths for applications in two-photon stimulation and spectroscopy, respectively. Their robust, patent-pending fiber-laser technology ensures reliable performance, complemented by a user-friendly web-based interface for easy operation. In addition to standard products, Chromacity collaborates with systems manufacturers to create custom OEM femtosecond and picosecond lasers tailored for specific engineering and materials processing needs. The company serves a global customer base across North America, the UK, and the Middle East.

University of Dundee Endowment

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

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.

ULEMCo

Venture Round in 2024
ULEMCo Limited is a company based in Liverpool, United Kingdom, that specializes in developing hydrogen hybrid combustion technology for commercial vehicles. Founded in 2014, ULEMCo focuses on retrofitting diesel transit vans to operate on hydrogen, effectively converting them to hydrogen dual-fuel systems. The company's innovations extend beyond standard vehicles, as it is also engaged in late-stage research and development of zero-emission hydrogen engines and fuel cell vehicles. This includes specialized applications for heavy-duty vehicles such as ambulances, fire engines, refuse trucks, tow-tugs, and road sweepers. ULEMCo's technology aims to reduce air pollution and promote cleaner transportation in the automobile industry.

Phlo

Venture Round in 2024
Phlo is a digital pharmacy based in London, England, established in January 2019 by Nadeem Sarwar. The company specializes in delivering NHS and private prescriptions directly to patients, focusing on both repeat and acute prescriptions. Phlo's platform allows users to create accounts, manage their medical records, receive prescriptions, and request medications online. By leveraging technology and analytics, Phlo aims to enhance the patient experience, offering real-time, on-demand delivery that saves time and eliminates the need for in-person visits to pharmacies. The service is designed to provide a safe and secure way for patients to access prescription and over-the-counter medications from the comfort of their homes.

EnteroBiotix

Series B in 2024
EnteroBiotix Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in the research, development, and commercialization of orally available products for fecal microbiota transplantation. By utilizing bacterial communities derived from the human gastrointestinal tract, EnteroBiotix aims to restore health and prevent bacterial infections. The company focuses on creating microbial therapeutics, both allogenic and autologous, designed to address serious unmet medical needs. Its product pipeline includes high-diversity microbiome-modulating drugs tailored to fortify and restore the microbiome, enabling physicians to effectively prevent and treat various debilitating infections and diseases.

Kingdom Technologies

Grant in 2024
Kingdom Technologies Ltd. is a company that specializes in the development and manufacture of robotic lawn mowers designed specifically for large terrains. Founded in 2018 and headquartered in Glasgow, United Kingdom, Kingdom Technologies focuses on creating innovative solutions for lawn maintenance, leveraging advanced robotics technology. The company's products aim to enhance efficiency and convenience in managing extensive outdoor spaces.

Flock Mobility

Grant in 2024
Flock Mobility, a UK-based B2B cleantech company, specialises in optimising electric vehicle (EV) fleets for shared transport services. Backed by the European Space Agency, Flock's AI-driven platform enhances vehicle utilisation, routing, and booking, empowering operators to reduce emissions, lower costs, and improve mobility access.

Aurum Biosciences

Venture Round in 2024
Aurum Biosciences Ltd is a pharmaceutical company based in Glasgow, United Kingdom, focused on developing innovative treatments for various medical conditions with significant unmet needs. Founded in 2010, Aurum is advancing its lead product, ABL101, which is designed for acute ischemic stroke management. This product employs a unique oxygen-carrying technology that operates independently of hemoglobin, potentially extending the therapeutic window for stroke treatment. Additionally, Aurum is advancing a proprietary image analysis software that enhances MRI assessments of stroke patients' brains. The company is also exploring follow-on programs targeting heart disease, cancer, epilepsy, and dementia. Aurum Biosciences is currently completing preclinical development and has plans to initiate clinical studies to evaluate the efficacy and safety of its treatments.

Trojan Energy

Venture Round in 2024
Trojan Energy Limited is a UK-based company that specializes in providing innovative charging infrastructure solutions for electric vehicles. Incorporated in 2016 and located in Stonehaven, Trojan Energy focuses on the development and deployment of on-street flat and flush electric vehicle charging points. This initiative addresses the challenges faced by vehicle owners who lack access to off-street parking, enabling them to conveniently charge their vehicles wherever parking is available. By offering a practical and accessible charging system, Trojan Energy aims to enhance the user experience for electric vehicle drivers and support the broader adoption of electric mobility.

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.

Mocean Energy

Venture Round in 2023
Mocean Energy is a technology developer based in Edinburgh, United Kingdom, specializing in harnessing wave energy to promote a transition to a zero-carbon future. Established in 2015, the company has created an innovative energy converter that efficiently transforms kinetic energy from ocean waves into electricity. This converter supports a power take-off mechanism, allowing for the reliable and cost-effective generation of renewable energy. Mocean Energy's solutions are designed to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles, thereby enhancing the use of sustainable energy in maritime operations.

Trojan Energy

Grant in 2023
Trojan Energy Limited is a UK-based company that specializes in providing innovative charging infrastructure solutions for electric vehicles. Incorporated in 2016 and located in Stonehaven, Trojan Energy focuses on the development and deployment of on-street flat and flush electric vehicle charging points. This initiative addresses the challenges faced by vehicle owners who lack access to off-street parking, enabling them to conveniently charge their vehicles wherever parking is available. By offering a practical and accessible charging system, Trojan Energy aims to enhance the user experience for electric vehicle drivers and support the broader adoption of electric mobility.

Beta Bugs

Venture Round in 2023
Beta Bugs is an insect genetics company specializing in the development and distribution of high-performance Black Soldier Fly breeds aimed at enhancing productivity in the insect protein sector. The company operates a breeding program called HiPer-Fly® and maintains a dedicated egg production site known as The Multiplier®, supplying its breeds to both UK and international markets. By focusing on biotechnology and breeding techniques, Beta Bugs aims to create a sustainable protein source that can effectively replace traditional feed ingredients such as fishmeal and soymeal in livestock, aquaculture, and pet feed. Headquartered at the Easter Bush Campus, a recognized center for animal genetics, Beta Bugs collaborates closely with the Roslin Institute, noted for its pioneering work in animal genetics.

Microplate Dx

Seed Round in 2023
Microplate Dx is a developer of innovative diagnostic technology aimed at addressing the critical global health issue of antimicrobial resistance, which leads to drug-resistant infections. Originating as a spinout from the University of Strathclyde in Glasgow, the company focuses on creating solutions that significantly reduce fatalities associated with these infections. Its core technology utilizes highly sensitive biosensor electrodes paired with miniaturized hydrogel deposits containing antibiotics specifically designed for the infections being tested. This approach offers a low-cost, accurate point-of-care diagnostic device that enables timely and optimal antibiotic prescribing, allowing healthcare providers to deliver effective treatments in under one hour. Microplate Dx's mission is to enhance antibiotic stewardship and proactively combat the rise of antimicrobial resistance worldwide.

Enough

Series C in 2023
ENOUGH is a technology spin-out from the University of Strathclyde focused on developing and commercializing innovative patented technology for the production of mycoprotein, a meat alternative. The company integrates mycoprotein production within existing bio-refinery operations that also produce bio-ethanol and animal feed, promoting a sustainable circular economy. ENOUGH's mycoprotein-based products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions while employing a zero-waste fermentation process. This approach allows for the creation of food ingredients that contain all essential amino acids and are high in dietary fiber, providing consumers with a low-cost, sustainable protein option that serves as a meat substitute.

Cytomos

Series A in 2023
Cytomos Limited, established in 2011 and based in Edinburgh, United Kingdom, specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. The company is known for its patented Dielectric Spectroscopy (CDS) technology, which enables label-free cell analysis with single-cell resolution. This innovative approach provides comprehensive insights into bioprocesses, facilitating automated and quantitative assessments crucial for biomedical research. Cytomos' systems are designed to support biopharma and cell therapy applications by offering deep data analysis per cell, thereby enhancing phenotypic drug discovery and stem cell therapy. By leveraging machine learning algorithms, Cytomos provides researchers with the tools necessary to optimize cell-based diagnostics and ensure accurate dosing in therapeutic contexts.

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.

Carbogenics

Seed Round in 2023
Carbogenics Ltd is a company based in Edinburgh, United Kingdom, that specializes in developing sustainable solutions for agriculture and waste management. Founded in 2016, Carbogenics focuses on converting disposable coffee cups and other non-recyclable paper-based waste into plant fertilizer through an innovative low-carbon process. The company produces CreChar, a carbon additive that enhances biogas production and promotes plant growth, ultimately benefiting farmers by improving crop yields and profitability. In addition to its product offerings, Carbogenics provides consultancy and analytical services tailored for anaerobic digestion plant operators, addressing customer inquiries via phone, email, and online applications.

Pneumagen

Venture Round in 2023
Pneumagen is a biotechnology company based in Saint Andrews, United Kingdom, focused on developing innovative therapies for respiratory tract infections and cancer. Founded in 2016 as a spin-out from the University of St Andrews, the company specializes in glycan-targeted carbohydrate-binding modules (CBMs), which act as a universal therapeutic modality. These CBMs are designed to prevent infection from respiratory viruses, thereby reducing hospitalizations due to disease exacerbation in patients with underlying respiratory conditions. Pneumagen leverages world-class scientific expertise and capabilities in glycobiology to advance its research and development efforts.

Manus Neurodynamica

Venture Round in 2023
Manus Neurodynamica Ltd is a company based in North Shields, United Kingdom, established in 2008. It specializes in the development of medical diagnostic technologies aimed at identifying and monitoring neuromotor impairments, particularly focusing on Parkinson’s disease. The company’s innovative device serves as a triage tool that facilitates early diagnosis by analyzing minute limb and hand movements to quantify fine motor skills. This technology, coupled with advanced analytical software, enables clinicians to effectively assess patient movement parameters, thereby enhancing the accuracy of diagnoses and improving the efficiency of neuromotor services. Manus Neurodynamica's solutions are utilized in various settings, including academic research and pharmaceutical studies, as well as in non-medical applications.

Causeway Therapeutics

Venture Round in 2023
Causeway Therapeutics Ltd is a clinical-stage biopharmaceutical company based in Glasgow, United Kingdom, dedicated to developing novel microRNA therapies for musculoskeletal health. Founded in 2015, the company specializes in treating tendon injuries and disorders in both humans and horses. Its key products include EquiMiR, a treatment for equine tendinopathy that mimics natural microRNA with enhanced pharmacological properties, and TenoMiR, which restores critical microRNA levels to improve tendon strength and facilitate recovery. By targeting the molecular mechanisms underlying tendon damage and tendinopathy, Causeway Therapeutics aims to provide advanced therapeutic solutions that alleviate pain and promote faster healing for patients suffering from musculoskeletal diseases.

Phlo

Series A in 2023
Phlo is a digital pharmacy based in London, England, established in January 2019 by Nadeem Sarwar. The company specializes in delivering NHS and private prescriptions directly to patients, focusing on both repeat and acute prescriptions. Phlo's platform allows users to create accounts, manage their medical records, receive prescriptions, and request medications online. By leveraging technology and analytics, Phlo aims to enhance the patient experience, offering real-time, on-demand delivery that saves time and eliminates the need for in-person visits to pharmacies. The service is designed to provide a safe and secure way for patients to access prescription and over-the-counter medications from the comfort of their homes.

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.

Shot Scope

Series A in 2022
Shot Scope is a technology company based in Edinburgh, United Kingdom, focused on developing performance-tracking devices for golfers. The company's innovative device collects and analyzes a wide range of statistics from golf games, enabling players to gain a competitive edge and make informed decisions on the course. By identifying areas for improvement, Shot Scope allows golfers to tailor their practice sessions to address specific weaknesses. The technology is designed to provide detailed insights into various aspects of a player's performance, including club distances, approaches, short games, tee shots, and putting. Shot Scope's products are expected to undergo trials on UK golf courses, with a general release planned for 2016.

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.

Adarma

Grant in 2022
Adarma Ltd is a cybersecurity services provider based in Edinburgh, United Kingdom, founded in 2008. The company specializes in threat management, offering a range of services that include the design, build, and operation of security operations centers (SOC). Adarma delivers tailored cybersecurity solutions to enhance clients' existing SOC capabilities, enabling them to proactively address evolving threats and mitigate risks. Its services encompass monitoring and analytics, vulnerability management, and risk assessment, all aimed at helping businesses effectively defend against cyberattacks and protect sensitive data. Formerly known as ECS Security Ltd, the company rebranded to Adarma Ltd in June 2019, reflecting its commitment to providing comprehensive security solutions in an increasingly digital landscape.

MiAlgae

Series A in 2022
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the production of microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on generating high-value microalgae rich in Omega-3 fatty acids and antioxidants, essential for the nutrition of livestock, particularly in the aquaculture sector. By utilizing wastewater remediation in its production processes, MiAlgae embraces a circular economy model that reduces operating costs and enhances competitiveness against traditional feed supplements. The company's innovative approach not only addresses the nutritional needs of livestock and pets but also promotes sustainable practices in the agriculture industry.

Cytomos

Seed Round in 2022
Cytomos Limited, established in 2011 and based in Edinburgh, United Kingdom, specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. The company is known for its patented Dielectric Spectroscopy (CDS) technology, which enables label-free cell analysis with single-cell resolution. This innovative approach provides comprehensive insights into bioprocesses, facilitating automated and quantitative assessments crucial for biomedical research. Cytomos' systems are designed to support biopharma and cell therapy applications by offering deep data analysis per cell, thereby enhancing phenotypic drug discovery and stem cell therapy. By leveraging machine learning algorithms, Cytomos provides researchers with the tools necessary to optimize cell-based diagnostics and ensure accurate dosing in therapeutic contexts.

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.

Elasmogen

Venture Round in 2022
Elasmogen Ltd is a biopharmaceutical company based in Aberdeen, United Kingdom, founded in 2014. The company specializes in discovering and developing novel therapies for inflammatory eye diseases and other autoimmune conditions. Elasmogen's primary innovation lies in its proprietary soloMER technology, which consists of small, stable proteins derived from variable new-antigen receptors (VNARs) found in sharks. These next-generation therapeutics are designed to be significantly smaller and more robust than traditional antibodies while avoiding complex patent landscapes. Elasmogen's pipeline includes various candidates targeting autoimmune-mediated inflammatory diseases, such as ELN/21 and ELN/22, as well as soloMER-drug conjugates and NDure, which enhances the plasma half-life of therapeutic molecules. The company has established strategic partnerships with Almac Discovery Ltd and Merck Inc., and it possesses a comprehensive intellectual property portfolio that includes exclusive licenses for over 20 patents across multiple jurisdictions.

Axol Bioscience

Venture Round in 2022
Axol Bioscience Ltd., established in 2012 and based in Little Chesterford, United Kingdom, specializes in human cell culture systems for research purposes. The company produces and supplies various types of human cells derived from induced pluripotent stem cells (iPSCs), such as cardiomyocytes, neural stem cells, and astrocytes, along with primary cells like endothelial cells and fibroblasts. Axol also provides essential media, reagents, and growth factors to maintain these cell cultures. Additionally, they offer custom services including iPSC reprogramming, differentiation, genome editing, and cell sourcing tailored to clients' needs. Their products are distributed globally through strategic partners in various countries across Asia, North America, Europe, and internationally.

Kingdom Technologies

Seed Round in 2022
Kingdom Technologies Ltd. is a company that specializes in the development and manufacture of robotic lawn mowers designed specifically for large terrains. Founded in 2018 and headquartered in Glasgow, United Kingdom, Kingdom Technologies focuses on creating innovative solutions for lawn maintenance, leveraging advanced robotics technology. The company's products aim to enhance efficiency and convenience in managing extensive outdoor spaces.

WellFish Diagnostics

Seed Round in 2022
WellFish Diagnostics is a company dedicated to enhancing the sustainability of the aquaculture industry by improving fish health and welfare. Founded in 2021 by Brian Quinn, the company is headquartered in Bridge of Weir, United Kingdom. WellFish Diagnostics focuses on providing health monitoring services for fish, including smoltification, toxicity assessment, and aquafeed optimization. Their goal is to develop a dynamic diagnostic platform that adapts to the evolving needs of the rapidly growing aquaculture sector, helping industrialists reduce costs, increase productivity, and ultimately boost profitability. The company uses rapid and non-lethal blood analysis for fish health monitoring.

Mocean Energy

Seed Round in 2022
Mocean Energy is a technology developer based in Edinburgh, United Kingdom, specializing in harnessing wave energy to promote a transition to a zero-carbon future. Established in 2015, the company has created an innovative energy converter that efficiently transforms kinetic energy from ocean waves into electricity. This converter supports a power take-off mechanism, allowing for the reliable and cost-effective generation of renewable energy. Mocean Energy's solutions are designed to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles, thereby enhancing the use of sustainable energy in maritime operations.

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.

Cumulus Oncology

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

Talking Medicines

Venture Round in 2022
Talking Medicines Limited is a data technology company based in Glasgow, United Kingdom, that focuses on capturing and structuring the global voice of patients regarding launched medicines. The company offers Medsmart, an application that collects comprehensive data about medication adherence, including how, why, and what patients are taking. Its services include PatientMetRx®, a social intelligence platform that employs artificial intelligence and natural language processing to transform unstructured feedback from patients into actionable insights for pharmaceutical companies. This platform allows clients to utilize large language models to access curated patient and healthcare professional experiences, thereby enabling data-driven decision-making. Talking Medicines also provides a real-world persona data service with monthly updates, digital focus groups for surveys and questionnaires, and custom solutions tailored to specific pharmaceutical needs. Established in 2013 and rebranded in December 2015, the company serves the pharmaceutical and healthcare sectors, aiming to enhance marketing effectiveness and improve patient health outcomes through advanced patient insights.

epipole

Venture Round in 2022
Epipole Ltd. is a UK-based company founded in 2011, specializing in the design and manufacture of advanced retinal imaging devices. The company is best known for its EpiCam product line, which includes several models tailored for different applications. The epiCam M is a handheld digital retinal fundus camera that allows real-time exploration of retinal vasculature, while the epiCam C provides enhanced color imaging beyond traditional desktop cameras. The epiCam V is specifically designed for veterinary use, offering high-quality fundus imaging for animals. Additionally, Epipole produces the Model Eye, an optical replica of the human eye used for training medical students in the use of ophthalmoscopes and fundus cameras. By focusing on image processing and medical imaging technologies, Epipole is disrupting the ophthalmic device space, facilitating early diagnosis and monitoring of retinal diseases such as diabetic retinopathy. The company distributes its products through various channels, including partnerships with distributors and online sales.

Pneumagen

Venture Round in 2022
Pneumagen is a biotechnology company based in Saint Andrews, United Kingdom, focused on developing innovative therapies for respiratory tract infections and cancer. Founded in 2016 as a spin-out from the University of St Andrews, the company specializes in glycan-targeted carbohydrate-binding modules (CBMs), which act as a universal therapeutic modality. These CBMs are designed to prevent infection from respiratory viruses, thereby reducing hospitalizations due to disease exacerbation in patients with underlying respiratory conditions. Pneumagen leverages world-class scientific expertise and capabilities in glycobiology to advance its research and development efforts.

Trojan Energy

Venture Round in 2022
Trojan Energy Limited is a UK-based company that specializes in providing innovative charging infrastructure solutions for electric vehicles. Incorporated in 2016 and located in Stonehaven, Trojan Energy focuses on the development and deployment of on-street flat and flush electric vehicle charging points. This initiative addresses the challenges faced by vehicle owners who lack access to off-street parking, enabling them to conveniently charge their vehicles wherever parking is available. By offering a practical and accessible charging system, Trojan Energy aims to enhance the user experience for electric vehicle drivers and support the broader adoption of electric mobility.

Vert Rotors

Grant in 2021
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

Vert Rotors

Venture Round in 2021
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

EnteroBiotix

Series A in 2021
EnteroBiotix Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in the research, development, and commercialization of orally available products for fecal microbiota transplantation. By utilizing bacterial communities derived from the human gastrointestinal tract, EnteroBiotix aims to restore health and prevent bacterial infections. The company focuses on creating microbial therapeutics, both allogenic and autologous, designed to address serious unmet medical needs. Its product pipeline includes high-diversity microbiome-modulating drugs tailored to fortify and restore the microbiome, enabling physicians to effectively prevent and treat various debilitating infections and diseases.

Trojan Energy

Series A in 2021
Trojan Energy Limited is a UK-based company that specializes in providing innovative charging infrastructure solutions for electric vehicles. Incorporated in 2016 and located in Stonehaven, Trojan Energy focuses on the development and deployment of on-street flat and flush electric vehicle charging points. This initiative addresses the challenges faced by vehicle owners who lack access to off-street parking, enabling them to conveniently charge their vehicles wherever parking is available. By offering a practical and accessible charging system, Trojan Energy aims to enhance the user experience for electric vehicle drivers and support the broader adoption of electric mobility.

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.

Chromacity

Venture Round in 2021
Chromacity Ltd. is a company based in Edinburgh, United Kingdom, specializing in the development, manufacturing, and distribution of wavelength tunable femtosecond lasers. Founded as a spin-out from Heriot-Watt University in 2013, it boasts a founding team with over 40 years of experience in ultrafast lasers. Chromacity's product lineup includes several advanced lasers such as the Spark 1030-nm and Spark-HP 1040-nm femtosecond lasers, designed for life sciences and spectroscopy applications. The company also offers Spark-X and Spark-OPO models, which provide tunable femtosecond pulses across various wavelengths for applications in two-photon stimulation and spectroscopy, respectively. Their robust, patent-pending fiber-laser technology ensures reliable performance, complemented by a user-friendly web-based interface for easy operation. In addition to standard products, Chromacity collaborates with systems manufacturers to create custom OEM femtosecond and picosecond lasers tailored for specific engineering and materials processing needs. The company serves a global customer base across North America, the UK, and the Middle East.

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 technology spin-out from the University of Strathclyde focused on developing and commercializing innovative patented technology for the production of mycoprotein, a meat alternative. The company integrates mycoprotein production within existing bio-refinery operations that also produce bio-ethanol and animal feed, promoting a sustainable circular economy. ENOUGH's mycoprotein-based products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions while employing a zero-waste fermentation process. This approach allows for the creation of food ingredients that contain all essential amino acids and are high in dietary fiber, providing consumers with a low-cost, sustainable protein option that serves as a meat substitute.

ILC Therapeutics

Venture Round in 2021
ILC Therapeutics Ltd is a biotechnology company based in Lanarkshire, United Kingdom, established in 2012. The company focuses on modulating the innate immune system through the development of novel peptide therapeutics aimed at treating various conditions, including cancer, atopic dermatitis, psoriasis, and COVID-19. ILC Therapeutics is pioneering a new class of interferon medicines known as hybrid interferons, which combine features from different natural interferon subtypes into a single molecule. This innovative approach seeks to enhance efficacy and improve safety in therapeutic applications, ultimately enabling healthcare professionals to achieve better patient outcomes and advance treatments for serious diseases.

Invizius

Series A in 2021
Invizius Ltd., established in 2018 and headquartered in Edinburgh, UK, is a medical technology company specializing in innovative solutions for extracorporeal treatments. The company's flagship product, H-Guard, is an advanced hemocompatible coating designed to prevent foreign body reactions in the blood during procedures such as dialysis, cardiopulmonary bypass, and ECMO. By reducing immune system activation, H-Guard aims to minimize cardiovascular complications and improve patient outcomes in long-term dialysis treatments.

ULEMCo

Venture Round in 2021
ULEMCo Limited is a company based in Liverpool, United Kingdom, that specializes in developing hydrogen hybrid combustion technology for commercial vehicles. Founded in 2014, ULEMCo focuses on retrofitting diesel transit vans to operate on hydrogen, effectively converting them to hydrogen dual-fuel systems. The company's innovations extend beyond standard vehicles, as it is also engaged in late-stage research and development of zero-emission hydrogen engines and fuel cell vehicles. This includes specialized applications for heavy-duty vehicles such as ambulances, fire engines, refuse trucks, tow-tugs, and road sweepers. ULEMCo's technology aims to reduce air pollution and promote cleaner transportation in the automobile industry.

Pneumagen

Venture Round in 2021
Pneumagen is a biotechnology company based in Saint Andrews, United Kingdom, focused on developing innovative therapies for respiratory tract infections and cancer. Founded in 2016 as a spin-out from the University of St Andrews, the company specializes in glycan-targeted carbohydrate-binding modules (CBMs), which act as a universal therapeutic modality. These CBMs are designed to prevent infection from respiratory viruses, thereby reducing hospitalizations due to disease exacerbation in patients with underlying respiratory conditions. Pneumagen leverages world-class scientific expertise and capabilities in glycobiology to advance its research and development efforts.

Swipii

Seed Round in 2020
Swipii Labs Ltd., established in 2012 and headquartered in Glasgow, UK, operates a customer loyalty and marketing platform tailored for small businesses. The company offers tools to enhance online reviews, attract new customers, and track customer data. Its key services include digital loyalty programs, email marketing, and loyalty technology solutions, enabling customers to collect points and earn rewards. Swipii aims to empower local businesses with technology to compete on par with global brands, helping consumers discover local offers, save money, and share them with their community.

FreeFlow Technologies

Venture Round in 2020
FreeFlow Technologies Limited, founded in 2012 and headquartered in Glasgow, United Kingdom, specializes in the development of innovative e-bikes, notably the SALTIRE e-bicycle, which is recognized as the world’s lightest and most environmentally friendly model. The company has pioneered patented transmission system technology that enhances the riding experience while preserving the traditional feel of conventional bicycles. By integrating small design adjustments to the bike frame, FreeFlow Technologies offers versatile options for incorporating batteries, either as removable units or integrated into the frame, catering to various design preferences. This focus on user-centric design and sustainability positions FreeFlow Technologies as a notable player in the evolving e-bike market.

Mocean Energy

Seed Round in 2020
Mocean Energy is a technology developer based in Edinburgh, United Kingdom, specializing in harnessing wave energy to promote a transition to a zero-carbon future. Established in 2015, the company has created an innovative energy converter that efficiently transforms kinetic energy from ocean waves into electricity. This converter supports a power take-off mechanism, allowing for the reliable and cost-effective generation of renewable energy. Mocean Energy's solutions are designed to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles, thereby enhancing the use of sustainable energy in maritime operations.

Aurum Biosciences

Funding Round in 2020
Aurum Biosciences Ltd is a pharmaceutical company based in Glasgow, United Kingdom, focused on developing innovative treatments for various medical conditions with significant unmet needs. Founded in 2010, Aurum is advancing its lead product, ABL101, which is designed for acute ischemic stroke management. This product employs a unique oxygen-carrying technology that operates independently of hemoglobin, potentially extending the therapeutic window for stroke treatment. Additionally, Aurum is advancing a proprietary image analysis software that enhances MRI assessments of stroke patients' brains. The company is also exploring follow-on programs targeting heart disease, cancer, epilepsy, and dementia. Aurum Biosciences is currently completing preclinical development and has plans to initiate clinical studies to evaluate the efficacy and safety of its treatments.

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.

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.

Vert Rotors

Debt Financing in 2020
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

Particle Analytics

Debt Financing in 2020
Particle Analytics Ltd. is a software company based in Edinburgh, United Kingdom, specializing in technologies for the preparation, visualization, and analysis of discrete element method (DEM) simulation data related to particles and industrial bulk solids. Founded in 2015 as a spin-out from the University of Edinburgh, the company has rapidly established itself in the market by offering innovative post-processing and pre-processing solutions. Its software incorporates advanced techniques for analyzing simulation data, allowing users to create and modify geometries and meshes before simulations, as well as to project particle information for enhanced analysis. By delivering significant efficiencies and improvements in decision-making, Particle Analytics serves multinational organizations that deal with large volumes of particulate solids, positioning itself as a disruptive force in the industry.

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.

Sunamp

Series A in 2020
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems that provide efficient thermal energy storage for both residential and industrial applications. Founded in 2006 and headquartered in Macmerry, East Lothian, Scotland, the company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for storing excess solar energy as heat, and SunampStack, which enhances the performance of renewable heat sources like air source heat pumps. Sunamp also develops the SunampCube for large-scale community and commercial heat storage and is exploring applications in the automotive sector. Utilizing phase change materials, Sunamp's heat battery technologies are compact, stable, non-toxic, and enabled for Internet of Things integration, making them a clean and cost-effective solution for thermal energy storage.

Quorum Cyber Security

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

Amiqus Resolution

Venture Round in 2020
Amiqus Resolution Ltd., 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.

Amiqus

Venture Round in 2020
Amiqus Limited is a recruitment agency founded in 2000 and headquartered in Warrington, United Kingdom. Originally established as Alexander Mann Technology (Northwest) Limited, the company changed its name in February 2003. As a subsidiary of Alexander Mann Associates Limited, Amiqus specializes in connecting clients and candidates, focusing on the needs of the gaming industry. The company aims to leverage its passion for the games sector alongside its recruitment expertise to effectively assist individuals in finding suitable employment opportunities. Amiqus has developed a distinct approach to recruitment, emphasizing relationship building and network creation to facilitate successful hiring outcomes.

Sunamp

Venture Round in 2020
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems that provide efficient thermal energy storage for both residential and industrial applications. Founded in 2006 and headquartered in Macmerry, East Lothian, Scotland, the company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for storing excess solar energy as heat, and SunampStack, which enhances the performance of renewable heat sources like air source heat pumps. Sunamp also develops the SunampCube for large-scale community and commercial heat storage and is exploring applications in the automotive sector. Utilizing phase change materials, Sunamp's heat battery technologies are compact, stable, non-toxic, and enabled for Internet of Things integration, making them a clean and cost-effective solution for thermal energy storage.

epipole

Venture Round in 2020
Epipole Ltd. is a UK-based company founded in 2011, specializing in the design and manufacture of advanced retinal imaging devices. The company is best known for its EpiCam product line, which includes several models tailored for different applications. The epiCam M is a handheld digital retinal fundus camera that allows real-time exploration of retinal vasculature, while the epiCam C provides enhanced color imaging beyond traditional desktop cameras. The epiCam V is specifically designed for veterinary use, offering high-quality fundus imaging for animals. Additionally, Epipole produces the Model Eye, an optical replica of the human eye used for training medical students in the use of ophthalmoscopes and fundus cameras. By focusing on image processing and medical imaging technologies, Epipole is disrupting the ophthalmic device space, facilitating early diagnosis and monitoring of retinal diseases such as diabetic retinopathy. The company distributes its products through various channels, including partnerships with distributors and online sales.

Trojan Energy

Seed Round in 2020
Trojan Energy Limited is a UK-based company that specializes in providing innovative charging infrastructure solutions for electric vehicles. Incorporated in 2016 and located in Stonehaven, Trojan Energy focuses on the development and deployment of on-street flat and flush electric vehicle charging points. This initiative addresses the challenges faced by vehicle owners who lack access to off-street parking, enabling them to conveniently charge their vehicles wherever parking is available. By offering a practical and accessible charging system, Trojan Energy aims to enhance the user experience for electric vehicle drivers and support the broader adoption of electric mobility.

Manus Neurodynamica

Venture Round in 2020
Manus Neurodynamica Ltd is a company based in North Shields, United Kingdom, established in 2008. It specializes in the development of medical diagnostic technologies aimed at identifying and monitoring neuromotor impairments, particularly focusing on Parkinson’s disease. The company’s innovative device serves as a triage tool that facilitates early diagnosis by analyzing minute limb and hand movements to quantify fine motor skills. This technology, coupled with advanced analytical software, enables clinicians to effectively assess patient movement parameters, thereby enhancing the accuracy of diagnoses and improving the efficiency of neuromotor services. Manus Neurodynamica's solutions are utilized in various settings, including academic research and pharmaceutical studies, as well as in non-medical applications.

Pneumagen

Venture Round in 2020
Pneumagen is a biotechnology company based in Saint Andrews, United Kingdom, focused on developing innovative therapies for respiratory tract infections and cancer. Founded in 2016 as a spin-out from the University of St Andrews, the company specializes in glycan-targeted carbohydrate-binding modules (CBMs), which act as a universal therapeutic modality. These CBMs are designed to prevent infection from respiratory viruses, thereby reducing hospitalizations due to disease exacerbation in patients with underlying respiratory conditions. Pneumagen leverages world-class scientific expertise and capabilities in glycobiology to advance its research and development efforts.

Zumo

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

Mallzee

Venture Round in 2020
Mallzee Ltd, established in 2011 and headquartered in Edinburgh, operates a unique online shopping platform in the UK. Its mobile application aggregates inventory from over 200 retailers, allowing users to swiftly browse and purchase clothing items. With a user base nearing 1 million, Mallzee's distinctive 'swipe' feature facilitates quick product selection, with tens of millions of products browsed monthly. The company leverages user data to enhance its services and offers this insight to retail partners to improve their marketing, merchandising, and buying strategies, while increasing brand visibility.

My1Login

Venture Round in 2020
My1Login Limited is a prominent provider of cloud-based password management and identity access solutions, headquartered in Glasgow, United Kingdom, with additional offices in Palo Alto, California, and London. Established in 2007, the company focuses on addressing enterprise cybersecurity threats through its next-generation Identity and Access Management (IAM) platform. My1Login's solution enables organizations to manage user identities effectively, providing a single user identity for employees and enhancing productivity while mitigating security risks. It supports various identity standards, including SAML, SCIM, OAuth 2.0, and OpenID Connect, and uniquely integrates with applications lacking standard connectors, such as legacy systems. The platform addresses issues like identity sprawl, password fatigue, and compliance adherence, facilitating secure onboarding and offboarding processes. My1Login's service is designed for rapid deployment, even in complex enterprise environments, ensuring comprehensive control over user identity and access while delivering a measurable return on investment.

Amphista Therapeutics

Series A in 2020
Amphista Therapeutics Limited is a biopharmaceutical company founded in 2017 and located in Motherwell, United Kingdom. It specializes in developing targeted protein degradation technology aimed at creating innovative cancer therapeutics. The company focuses on harnessing the body's natural processes to selectively degrade and eliminate disease-causing proteins. By advancing next-generation therapeutics, Amphista seeks to improve treatment efficacy for various diseases, particularly cancer, by modulating the abundance of proteins responsible for disease progression. This strategic approach aims to enhance patient outcomes and contribute to the advancement of therapeutic options in oncology.

My1Login

Venture Round in 2020
My1Login Limited is a prominent provider of cloud-based password management and identity access solutions, headquartered in Glasgow, United Kingdom, with additional offices in Palo Alto, California, and London. Established in 2007, the company focuses on addressing enterprise cybersecurity threats through its next-generation Identity and Access Management (IAM) platform. My1Login's solution enables organizations to manage user identities effectively, providing a single user identity for employees and enhancing productivity while mitigating security risks. It supports various identity standards, including SAML, SCIM, OAuth 2.0, and OpenID Connect, and uniquely integrates with applications lacking standard connectors, such as legacy systems. The platform addresses issues like identity sprawl, password fatigue, and compliance adherence, facilitating secure onboarding and offboarding processes. My1Login's service is designed for rapid deployment, even in complex enterprise environments, ensuring comprehensive control over user identity and access while delivering a measurable return on investment.

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.

QikServe

Venture Round in 2020
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, founded in 2011. The company offers a cloud-based service that facilitates ordering and payment for hotel and restaurant services through smartphones and other devices. Its platform effectively stores and processes orders, integrating seamlessly with the restaurant's point-of-sale (EPOS) systems. QikServe serves as a comprehensive solution for the hospitality industry, encompassing features such as content management, mobile ordering, and payment processing.

Vert Rotors

Venture Round in 2020
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

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.

MiAlgae

Seed Round in 2020
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the production of microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on generating high-value microalgae rich in Omega-3 fatty acids and antioxidants, essential for the nutrition of livestock, particularly in the aquaculture sector. By utilizing wastewater remediation in its production processes, MiAlgae embraces a circular economy model that reduces operating costs and enhances competitiveness against traditional feed supplements. The company's innovative approach not only addresses the nutritional needs of livestock and pets but also promotes sustainable practices in the agriculture industry.

PolyDigi

Pre Seed Round in 2020
Polydigi Tech focuses on enhancing the security and user experience of digital transactions through innovative cybersecurity solutions. The company specializes in Identity Access Management (IAM) and Customer Identity Access Management (CIAM), offering a comprehensive Multi-Factor Authentication system that can utilize up to five factors to bolster security. Polydigi's solutions seamlessly integrate with existing communication platforms, allowing users to engage without the need for additional applications. This approach effectively addresses a range of cybersecurity threats, including approval push payment scams, phishing attacks, malware, identity fraud, and one-time password scams. Recognized for its innovation, Polydigi was awarded the title of the United Kingdom's Most Innovative Cybersecurity SME by Infosecurity Europe in 2021 and named Scotland's Best Cybersecurity Start-up by the Scottish Cyber Awards. The company's offerings are particularly beneficial for banks, financial institutions, and payment platforms, enabling them to safeguard their online services and protect user data and identities.

QikServe

Venture Round in 2019
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, founded in 2011. The company offers a cloud-based service that facilitates ordering and payment for hotel and restaurant services through smartphones and other devices. Its platform effectively stores and processes orders, integrating seamlessly with the restaurant's point-of-sale (EPOS) systems. QikServe serves as a comprehensive solution for the hospitality industry, encompassing features such as content management, mobile ordering, and payment processing.

Swipii

Venture Round in 2019
Swipii Labs Ltd., established in 2012 and headquartered in Glasgow, UK, operates a customer loyalty and marketing platform tailored for small businesses. The company offers tools to enhance online reviews, attract new customers, and track customer data. Its key services include digital loyalty programs, email marketing, and loyalty technology solutions, enabling customers to collect points and earn rewards. Swipii aims to empower local businesses with technology to compete on par with global brands, helping consumers discover local offers, save money, and share them with their community.

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.
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