Scottish Enterprise is Scotland's primary economic development agency, functioning as a non-departmental public body of the Scottish Government. Established in 1991 and based in Glasgow, it aims to enhance Scotland's economic landscape by fostering an innovative and productive economy with a strong international presence. The agency collaborates with both public and private sectors to identify and leverage opportunities for sustainable economic growth. It supports small and medium-sized enterprises (SMEs) by connecting them with appropriate funding sources, facilitating access to finance, and assisting in management and growth strategies. Scottish Enterprise specifically targets sectors such as food and drink, creative industries, financial services, renewable energy, healthcare, and biotechnology. Additionally, it partners with various investors, including business angels and venture capitalists, to strengthen the funding landscape for Scottish businesses, ultimately contributing to the broader objectives outlined in its business plan.
Managing Director of Scottish Development International and Group Head of Strategy and Technology
Susan Armes
Senior Investment Manager
Past deals in Industrial Machinery
Scotmas
Venture Round in 2025
Manufacturer of chemicals catering to agriculture, Healthcare, vertical farming and other industries. The company specializes in chlorine dioxide products, dosing systems and other related products to its clients.
novosound
Venture Round in 2024
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Intelligent Growth Solutions
Series C in 2024
IGS makes platforms that deliver ideal climates for plants and people, based upon a culture of continuous innovation, brilliant, simple design and a refusal to accept conventional technical thinking.
novosound
Venture Round in 2022
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Vert Rotors
Venture Round in 2021
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.
Vert Rotors
Grant in 2021
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.
Intelligent Growth Solutions
Series B in 2021
IGS makes platforms that deliver ideal climates for plants and people, based upon a culture of continuous innovation, brilliant, simple design and a refusal to accept conventional technical thinking.
Vert Rotors
Debt Financing in 2020
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.
Vert Rotors
Venture Round in 2020
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.
novosound
Venture Round in 2019
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
M Squared Lasers
Grant in 2019
M Squared Lasers is a manufacturer of advanced lasers and photonic instruments designed to enhance capabilities, reliability, and usability across various industrial and scientific sectors. With over twenty years of experience, the company specializes in harnessing the power of light to drive innovation and facilitate cross-sector partnerships. Its product offerings cater to diverse industries, including manufacturing, oil and gas, space technology, and healthcare. M Squared's technology plays a significant role in breakthroughs in fields such as dementia research, cancer diagnosis, and whiskey maturation. By providing cutting-edge solutions, M Squared Lasers aims to address complex challenges and accelerate advancements in multiple applications.
novosound
Grant in 2019
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Intelligent Growth Solutions
Series A in 2019
IGS makes platforms that deliver ideal climates for plants and people, based upon a culture of continuous innovation, brilliant, simple design and a refusal to accept conventional technical thinking.
novosound
Venture Round in 2018
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Vert Rotors
Venture Round in 2016
VERT Rotors, Edinburgh, UK, produces ultra-compact, light and low-vibration Conical Rotary Compressors (CRC) based on its proprietary technology. VERT’s compressors consist of an Inner screw rotor revolving inside an Outer screw rotor. They are designed for applications where dimensions and weight are mission-critical, and vibration and noise are not acceptable.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.