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.
Top Stages
Charlie Smith
Managing Director of Scottish Development International and Group Head of Strategy and Technology
Past deals in Aerospace
Aurora Avionics
Seed Round in 2025
Aurora Avionics is a manufacturer focused on air and spacecraft, particularly in the development of launch vehicles. The company specializes in creating flexible and modular avionics platforms, which include essential electrical systems for flight and fault-tolerant hardware. Aurora Avionics aims to provide standardized and universal control systems, facilitating procurement for space agencies and enhancing the efficiency of launch-vehicle development.
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.
Aurora Avionics
Pre Seed Round in 2024
Aurora Avionics is a manufacturer focused on air and spacecraft, particularly in the development of launch vehicles. The company specializes in creating flexible and modular avionics platforms, which include essential electrical systems for flight and fault-tolerant hardware. Aurora Avionics aims to provide standardized and universal control systems, facilitating procurement for space agencies and enhancing the efficiency of launch-vehicle development.
Bright Ascension
Convertible Note in 2024
Bright Ascension Ltd. is a software and hardware development company dedicated to the space industry, founded in 2011 and headquartered in Dundee, United Kingdom. The company specializes in creating a unified software platform and tool suite that facilitates the efficient integration of diverse space systems, ranging from satellites to service delivery. By utilizing a library of components rather than a one-size-fits-all approach, Bright Ascension aims to lower the total cost of ownership for its clients while unlocking the potential of the space sector. Its products and services are designed to provide complete end-to-end solutions for space missions, supporting the next generation of space systems and applications.
Flowcopter
Grant in 2024
Flowcopter is currently enabling long-range, big payload logistics. Providing a strong platform for humanitarian and environmental applications that can operate in the most harsh environments.
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.
RAB Microfluidics
Series B in 2022
RAB Microfluidics specializes in diagnosing early signs of failure in lubricated machinery by utilizing its patented microfluidic technology and artificial intelligence. The company has developed a lab-on-a-chip solution that automates the analysis of lubricating oil, enabling real-time data delivery that identifies equipment deterioration and impending failures. This innovative approach revolutionizes maintenance practices across various industries, including maritime, renewable energy, aerospace, and manufacturing. By providing laboratory-quality data and actionable insights, RAB Microfluidics aims to enhance equipment reliability and effectiveness, facilitating a shift towards Condition-based Maintenance (CbM) and Predictive Maintenance (PdM) strategies. The company's mission is to empower businesses with intelligent insights into machinery conditions, ultimately reducing costs and improving operational efficiency.
RAB Microfluidics
Venture Round in 2021
RAB Microfluidics specializes in diagnosing early signs of failure in lubricated machinery by utilizing its patented microfluidic technology and artificial intelligence. The company has developed a lab-on-a-chip solution that automates the analysis of lubricating oil, enabling real-time data delivery that identifies equipment deterioration and impending failures. This innovative approach revolutionizes maintenance practices across various industries, including maritime, renewable energy, aerospace, and manufacturing. By providing laboratory-quality data and actionable insights, RAB Microfluidics aims to enhance equipment reliability and effectiveness, facilitating a shift towards Condition-based Maintenance (CbM) and Predictive Maintenance (PdM) strategies. The company's mission is to empower businesses with intelligent insights into machinery conditions, ultimately reducing costs and improving operational efficiency.
Skylark Lasers
Venture Round in 2020
Skylark Lasers is a leading photonics company that focuses on the development and production of continuous wave single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, Skylark Lasers offers exceptional spectral performance and some of the highest output powers available in the market. The company's lasers serve a diverse array of applications across industrial and scientific sectors, including microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. Skylark Lasers' NX lasers are designed for high-output power in a compact footprint, enabling customers to reveal the unseen, detect the invisible, and measure the unknown, thereby addressing both demanding and emerging requirements in various fields.
Skylark Lasers
Venture Round in 2020
Skylark Lasers is a leading photonics company that focuses on the development and production of continuous wave single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, Skylark Lasers offers exceptional spectral performance and some of the highest output powers available in the market. The company's lasers serve a diverse array of applications across industrial and scientific sectors, including microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. Skylark Lasers' NX lasers are designed for high-output power in a compact footprint, enabling customers to reveal the unseen, detect the invisible, and measure the unknown, thereby addressing both demanding and emerging requirements in various fields.
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.
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.
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.
M Squared Lasers
Grant in 2019
M Squared Lasers is a manufacturer of advanced lasers and photonic instruments that aim to harness the power of light for various industrial and scientific applications. With over twenty years of experience, the company develops next-generation technology that enhances capabilities, reliability, and user-friendliness across multiple sectors, including manufacturing, oil and gas, space technology, and healthcare. M Squared's products facilitate significant advancements in diverse fields, such as dementia research, cancer diagnosis, and whiskey maturation, promoting cross-sector collaborations that drive innovation and address complex challenges. The company's commitment to providing award-winning solutions positions it as a valuable partner in accelerating applications and mitigating project risks.
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.
Skylark Lasers
Venture Round in 2019
Skylark Lasers is a leading photonics company that focuses on the development and production of continuous wave single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, Skylark Lasers offers exceptional spectral performance and some of the highest output powers available in the market. The company's lasers serve a diverse array of applications across industrial and scientific sectors, including microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. Skylark Lasers' NX lasers are designed for high-output power in a compact footprint, enabling customers to reveal the unseen, detect the invisible, and measure the unknown, thereby addressing both demanding and emerging requirements in various fields.
Skylark Lasers
Venture Round in 2018
Skylark Lasers is a leading photonics company that focuses on the development and production of continuous wave single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, Skylark Lasers offers exceptional spectral performance and some of the highest output powers available in the market. The company's lasers serve a diverse array of applications across industrial and scientific sectors, including microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. Skylark Lasers' NX lasers are designed for high-output power in a compact footprint, enabling customers to reveal the unseen, detect the invisible, and measure the unknown, thereby addressing both demanding and emerging requirements in various fields.
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.
Skylark Lasers
Venture Round in 2017
Skylark Lasers is a leading photonics company that focuses on the development and production of continuous wave single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, Skylark Lasers offers exceptional spectral performance and some of the highest output powers available in the market. The company's lasers serve a diverse array of applications across industrial and scientific sectors, including microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. Skylark Lasers' NX lasers are designed for high-output power in a compact footprint, enabling customers to reveal the unseen, detect the invisible, and measure the unknown, thereby addressing both demanding and emerging requirements in various fields.
Skylark Lasers
Venture Round in 2016
Skylark Lasers is a leading photonics company that focuses on the development and production of continuous wave single frequency diode-pumped solid-state (DPSS) lasers. Utilizing its proprietary BRaMMS Technology® platform, Skylark Lasers offers exceptional spectral performance and some of the highest output powers available in the market. The company's lasers serve a diverse array of applications across industrial and scientific sectors, including microchip inspection, quantum sensing, metrology, avionics, wind power generation, defense, financial data servers, and biomedical research. Skylark Lasers' NX lasers are designed for high-output power in a compact footprint, enabling customers to reveal the unseen, detect the invisible, and measure the unknown, thereby addressing both demanding and emerging requirements in various fields.
Ceres Holographics
Seed Round in 2016
Ceres Holographics specializes in digital holographic mastering and replication technology, focusing on producing precision-engineered holographic optical elements (HOEs) using novel materials. This enables mass-market display applications, transforming transparent surfaces into highly transparent screens for displaying projected information. The company's primary application is in the automotive sector, where its ultra-compact heads-up-display (HUD) system enhances driver safety and comfort while offering new user experiences.
Spire Global
Grant in 2015
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.
Clyde Space
Venture Round in 2011
Clyde Space Ltd. is a Glasgow-based company specializing in the design and manufacture of small and micro spacecraft systems, particularly for the growing small satellite market. Founded in 2005, it provides a range of products including power conditioning and distribution systems, CubeSat platforms, spacecraft batteries, solar panels, and various subsystems essential for satellite operations. The company also offers advanced components such as transceivers, antennas, and on-board computers, in addition to engineering education and training services. Clyde Space serves a diverse clientele that includes international universities, commercial enterprises, and government organizations, primarily in the United Kingdom and European Union. As of early 2018, it operates as a subsidiary of ÅAC Microtec AB.
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