Scottish Investment Bank

The Scottish Investment Bank is a public body supporting economic growth in Scotland. It facilitates finance for small to medium-sized businesses, focusing on sectors such as renewable energy, technology, life sciences, and creative industries. The bank works closely with portfolio companies to strengthen management teams and accelerate growth.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Susan Armes

Senior Investment Manager

Victoria Carmichael

Commercial Director

Steve Dunlop

Chief Executive

Adrian Gillespie

Chief Executive and Board Member

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

Past deals in Wearables

Neuranics

Grant in 2024
Neuranics develops magnetic sensing technology for integration into health, fitness, and metaverse applications. Its proprietary spintronics sensors, powered by semiconductors, detect tiny magnetic impulses from the body, aiming to improve health monitoring equipment and human-machine interfaces.

Shot Scope Technologies

Series B in 2024
Founded in 2014, Shot Scope Technologies specializes in golf performance tracking technology. Its flagship product is Shot Scope, a smart wristband that automatically records sport performance metrics to help professional golfers identify areas for improvement.

Waire Health

Venture Round in 2023
Waire Health specializes in wearable vital sign monitoring devices. Its AI-driven technology identifies high-risk patients in hospitals or at home, aiming to prevent life-threatening conditions like sepsis, reduce readmissions, and enhance care outcomes.

Shot Scope Technologies

Series A in 2022
Founded in 2014, Shot Scope Technologies specializes in golf performance tracking technology. Its flagship product is Shot Scope, a smart wristband that automatically records sport performance metrics to help professional golfers identify areas for improvement.

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 Technologies

Venture Round in 2017
Founded in 2014, Shot Scope Technologies specializes in golf performance tracking technology. Its flagship product is Shot Scope, a smart wristband that automatically records sport performance metrics to help professional golfers identify areas for improvement.

Reactec

Angel Round in 2017
Reactec is a vibration engineering consultancy focused on monitoring and managing hand-arm vibration risks in the workplace. It offers the Reactec Analytics Platform, a wearable and software system that automates exposure monitoring and reporting to track individual and workforce trends, identify workers exceeding daily thresholds, and design out risks in line with EU regulations. The solution suite includes HAVWEAR wearable monitors and HAVMETER devices that measure tool vibration across schedules and operators to identify representative risk, tool performance issues, and utilization. The platform provides real-time data, rotation and utilization insights, and reporting to support management decisions and welfare. The company also delivers practical advisory services and on-site systems to reduce worker exposure. Based in Edinburgh, UK, it was established in 2001.

Pick Protection

Seed Round in 2016
Founded in 2014, Pick Protection specializes in lone worker security solutions. It offers products like Personal Guardian self-managed application, monitored application, and alarm device, serving industries such as housing associations, local authorities, retail, facilities management, hospitality, utilities, and financial services.

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 Technologies

Seed Round in 2015
Founded in 2014, Shot Scope Technologies specializes in golf performance tracking technology. Its flagship product is Shot Scope, a smart wristband that automatically records sport performance metrics to help professional golfers identify areas for improvement.

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.
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.