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 Wearables

Neuranics

Grant in 2024
Neuranics is a company focused on developing advanced magnetic sensors integrated with semiconductor technology for applications in health, fitness, and the metaverse. The company’s proprietary technology utilizes scalable spintronics sensors to detect minute magnetic impulses generated by the body's organs. This innovation aims to address existing limitations in health monitoring devices and enhance human-machine interfaces. By leveraging magnetic sensing, Neuranics seeks to transform interactions with the central, peripheral, and autonomic nervous systems, as well as muscle functions, thereby improving the efficacy of wearable and implantable healthcare devices. The company's approach is designed to provide high spatial resolution, paving the way for next-generation solutions in neurotechnology.

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.

Waire

Venture Round in 2023
Waire Health is a developer of wearable vital sign monitoring devices aimed at enhancing patient care in hospitals and home settings. The company's technology continuously monitors vital signs and utilizes advanced artificial intelligence to identify patterns that may indicate the onset of critical conditions, such as sepsis, before they escalate to life-threatening levels. By providing real-time data, Waire Health enables clinicians to make informed decisions and facilitate timely interventions for high-risk patients. This approach not only helps reduce healthcare costs but also contributes to improved patient outcomes by ensuring that individuals receive the necessary attention and care when needed.

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.

StretchSense

Series A in 2022
StretchSense is a developer of innovative sensor-based products focused on capturing hand data for high-quality animations. The company specializes in MoCap Pro gloves, which utilize advanced stretch sensor technology to provide robust, accurate, and comfortable performance capture. These gloves are designed with soft capacitors that measure changes in shape when stretched or squeezed, facilitating precise finger tracking. This capability is essential for animators, game developers, and film studios seeking to create lifelike animations. Additionally, StretchSense offers a proprietary software application, Hand Engine, that allows users to stream hand motion capture data to leading platforms such as Maya, Unreal Engine, and Unity, as well as integrate with optical systems like OptiTrack, Qualisys, and Vicon.

Aiber

Venture Round in 2022
Aiber is a company that develops innovative software and medical support systems aimed at enhancing emergency care in international first response scenarios. By utilizing Bluetooth sensors, Aiber's solutions enable wireless monitoring of vital signs, facilitating the detection of patient deterioration or improvement. Their medical-grade sensors empower crews to effectively manage medical emergencies in various environments, including air and sea travel. This technology allows for the seamless sharing of vital sign data with ground-based medical providers, ensuring consistent and informed care for passengers during flights. Overall, Aiber is dedicated to improving medical response capabilities and supporting remote healthcare initiatives.

Current Health

Series A in 2019
Current Health Limited is a healthcare technology company based in Edinburgh, United Kingdom, that specializes in wearable devices for monitoring patient vitals. Founded in 2014 and originally known as Snap40 Limited, the company rebranded in December 2018. Current Health's devices are designed to measure critical health indicators such as oxygen saturation, respiration rate, pulse rate, temperature, motion, activity, and posture, enabling early identification of potential health issues. Their patient monitoring platform facilitates the management of patients at home by collecting and analyzing data to detect and predict health deterioration. This allows patients to share daily activities, report symptoms, and complete structured questionnaires, ultimately helping healthcare providers reduce risks and costs associated with patient care.

Current Health

Venture Round in 2019
Current Health Limited is a healthcare technology company based in Edinburgh, United Kingdom, that specializes in wearable devices for monitoring patient vitals. Founded in 2014 and originally known as Snap40 Limited, the company rebranded in December 2018. Current Health's devices are designed to measure critical health indicators such as oxygen saturation, respiration rate, pulse rate, temperature, motion, activity, and posture, enabling early identification of potential health issues. Their patient monitoring platform facilitates the management of patients at home by collecting and analyzing data to detect and predict health deterioration. This allows patients to share daily activities, report symptoms, and complete structured questionnaires, ultimately helping healthcare providers reduce risks and costs associated with patient care.

Aiber

Grant in 2019
Aiber is a company that develops innovative software and medical support systems aimed at enhancing emergency care in international first response scenarios. By utilizing Bluetooth sensors, Aiber's solutions enable wireless monitoring of vital signs, facilitating the detection of patient deterioration or improvement. Their medical-grade sensors empower crews to effectively manage medical emergencies in various environments, including air and sea travel. This technology allows for the seamless sharing of vital sign data with ground-based medical providers, ensuring consistent and informed care for passengers during flights. Overall, Aiber is dedicated to improving medical response capabilities and supporting remote healthcare initiatives.

Aiber

Seed Round in 2019
Aiber is a company that develops innovative software and medical support systems aimed at enhancing emergency care in international first response scenarios. By utilizing Bluetooth sensors, Aiber's solutions enable wireless monitoring of vital signs, facilitating the detection of patient deterioration or improvement. Their medical-grade sensors empower crews to effectively manage medical emergencies in various environments, including air and sea travel. This technology allows for the seamless sharing of vital sign data with ground-based medical providers, ensuring consistent and informed care for passengers during flights. Overall, Aiber is dedicated to improving medical response capabilities and supporting remote healthcare initiatives.

Shot Scope

Venture Round in 2017
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.

Reactec

Angel Round in 2017
Reactec Ltd., established in 2001 and headquartered in Edinburgh, UK, specializes in vibration engineering consultancy. The company focuses on mitigating hand-arm vibration (HAV) risks through innovative solutions. Reactec's core product, the Reactec Analytics Platform, integrates wearable technology and online systems to automate HAV risk monitoring and reporting, enabling employers to comply with EU regulations and protect workers from HAVS. The platform offers real-time exposure tracking, identifies risk trends, and provides insights into tool performance and utilization, helping employers manage worker efficiency and welfare. Additionally, Reactec offers HAVWEAR monitors, HAVMETER for risk assessment, and tool vibration testing solutions.

Pick Protection

Seed Round in 2016
Pick Protection Ltd. is a security solutions provider specializing in the protection of lone workers. Established in 2014 and headquartered in Glasgow, United Kingdom, the company offers a range of products including the Personal Guardian self-managed application, the Personal Guardian Monitored Application, and the Personal Guardian Alarm. These solutions are designed to provide accessible, affordable, and reliable protection against various risks associated with working alone, engaging with the public, and facing environmental hazards. Pick Protection serves a diverse clientele across multiple sectors, including housing associations, local authorities, retail, facilities management, hospitality, utilities, and financial services. The company has also partnered with Unipart Security’s NSI Gold Category II Monitored Alarm Receiving Centre to ensure high standards of lone worker monitoring.

Ateeda

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

FINDRA

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

Shot Scope

Seed Round in 2015
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.

Ambicare Health

Venture Round in 2010
Ambicare Health Ltd specializes in the development of innovative wearable light sources for medical and consumer healthcare applications. The company offers a range of products, including Ambulight PDT, a light-emitting sticking plaster designed for the treatment of non-melanoma skin cancer, providing a non-surgical alternative through photodynamic therapy. Additionally, Ambicare Health features the Lustre Pure Light product line, which includes devices that deliver blue light therapy aimed at combating spots and acne. These clinically proven products are designed for convenience and are available through various distributors and online platforms. Founded in 2004 and based in Livingston, United Kingdom, the company was previously known as Lumicure Ltd before rebranding in 2009.

Ateeda

Venture Round in 2010
Ateeda Limited is a company that specializes in the design and manufacturing of testing modules for electronic chip manufacturers. Based in Edinburgh, United Kingdom, it provides electronic design automation tools focused on the analog testing of various components, including analog-to-digital converters, digital-to-analog converters, regulators, references, and drivers. Ateeda's offerings also include built-in self-test solutions for linear circuits and digital testing for analog circuits, catering to industries such as HD audio, precision medical, industrial, and automotive markets. Founded in 2005 and originally known as York Place (No. 359) Limited, the company aims to enhance the efficiency and quality of semiconductor production, helping microchip enterprises reduce costs while meeting the specifications required by leading consumer brands.

Ateeda

Venture Round in 2008
Ateeda Limited is a company that specializes in the design and manufacturing of testing modules for electronic chip manufacturers. Based in Edinburgh, United Kingdom, it provides electronic design automation tools focused on the analog testing of various components, including analog-to-digital converters, digital-to-analog converters, regulators, references, and drivers. Ateeda's offerings also include built-in self-test solutions for linear circuits and digital testing for analog circuits, catering to industries such as HD audio, precision medical, industrial, and automotive markets. Founded in 2005 and originally known as York Place (No. 359) Limited, the company aims to enhance the efficiency and quality of semiconductor production, helping microchip enterprises reduce costs while meeting the specifications required by leading consumer brands.
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