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 Smart Cities

Sofant

Venture Round in 2024
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

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.

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.

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.

Sofant

Venture Round in 2022
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Bennu.ai

Grant in 2022
Bennu.ai is a manufacturer specializing in waste recycling bins. Their products and services aim to reduce carbon footprint, enhance recycling rates, and lower waste management costs for businesses. They achieve this through automated waste sorting, recycling data analysis, and AI-driven optimization of cleaning processes. Interested parties can inquire via the company's website.

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.

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.

Sofant

Venture Round in 2021
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Sofant

Venture Round in 2020
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

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.

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.

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.

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).

Sofant

Venture Round in 2019
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Sunamp

Series A in 2018
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.

Sofant

Venture Round in 2018
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Sofant

Venture Round in 2016
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Sunamp

Seed Round in 2015
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.

Sofant

Venture Round in 2015
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Sofant

Seed Round in 2013
Sofant Technologies Ltd, established in 2011 and headquartered in Edinburgh, UK, specializes in designing and licensing fabless smart antenna and tunable RF solutions for smartphone and tablet manufacturers. The company's core expertise lies in antenna and RF micro-electro-mechanical systems (MEMS) solutions, offering products such as compact smart antenna solutions, tunable impedance matching modules, and RF MEMS capacitors and phase shifters. Sofant's innovative, low-cost RF MEMS technology aims to address power consumption and heat issues in high-frequency phased array antenna systems, making it a key player in the emerging millimeter-wave market for 5G and SatCom applications.

Smarter Grid Solutions

Funding Round in 2013
Smarter Grid Solutions Ltd. is a prominent smart grid technology company based in Glasgow, United Kingdom, with additional offices in London and New York. Founded in 2008, the company specializes in developing and deploying active network management (ANM) products aimed at integrating Distributed Energy Resources (DER) into electricity grids. Its key offerings include ANM Strata, ANM 100, ANM 50, and CONNECT+, which facilitate the connection, control, and optimization of various DER types. These products enable electricity distribution companies to manage grid-connected resources effectively, supporting high renewable energy penetration and facilitating net-zero emission electricity. Additionally, Smarter Grid Solutions provides tools for capacity analysis and grid connection assessments, alongside consultancy services in strategic planning and smart grid training. The company collaborates with a range of power companies and utilities across the UK, Europe, and the US, contributing to both rural and urban smart grid projects.

Traak Systems

Venture Round in 2010
Traak Systems Ltd., founded in 2005 and based in Edinburgh, United Kingdom, specializes in real-time predictive analytics for intelligent mobility solutions. The company develops the Traak Analytics Platform, which delivers predictive analytics, and offers various tools including ONEtraak, a user-friendly dashboard and inquiry interface, RIGHTtraak, a solution for data review, audit, and cleansing, and ONtraak, which provides cloud hosting and related services. Traak Systems focuses on high-performance complex event processing tailored for the RFID and sensor network markets, utilizing optimized techniques to manage raw data efficiently and mitigate the risks of data overload associated with advanced technologies.
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