Scottish National Investment Bank

Scottish National Investment Bank invests and provides financial assistance to various business projects and communities. The bank offers both debt and equity to help transform Scotland's economy by backing sustainable projects and businesses.

Eilidh Mactaggart

CEO

Mark Munro

Executive Director - Sustainable Investment

Jane Reoch

Interim Executive Director

35 past transactions

NCIMB

Private Equity Round in 2025
NCIMB is a microbiology-focused company that maintains the largest industrial, marine, and food culture collection in the UK dating back to the 1950s and provides a broad range of commercial microbiology and chemical services to diverse industries since 1983. It also develops microbial technology to support life sciences, food and drink, energy, and environmental sectors, with a platform that offers microbial identification, storage, and testing services to enhance process reliability and accelerate product development.

Subsea Micropiles

Venture Round in 2025
Subsea Micropiles is a specialized foundations company that focuses on innovative micropile technology for subsea applications. The company develops advanced micropile foundations and anchor systems tailored for the renewable energy and offshore oil and gas sectors, as well as for high-value assets such as vessel anchorages. Their engineering team emphasizes alternative geotechnical strategies inspired by natural biological systems, like tree root structures, to address the challenges of working in complex environments. By leveraging their technology, Subsea Micropiles offers solutions that can support substantial loads while minimizing site disruption and environmental impact. This approach allows clients to effectively access challenging sites, reduce costs, and fulfill project requirements efficiently, with a strong commitment to meeting client objectives.

Pulpex

Series D in 2025
Pulpex manufactures fiber-based packaging material designed to replace glass and plastic bottles. Utilizing renewable fiber feedstocks from responsibly managed forests and applying PET- and HDPE-free barrier coatings, Pulpex creates recyclable and biodegradable containers, helping brands meet sustainability targets.

DITT Construction

Debt Financing in 2024
DITT Construction is a prominent construction company that offers a wide range of services across various sectors. It specializes in commercial, industrial, residential, and domestic projects, including complex civil engineering, large-scale civic and health projects, social housing schemes, private developments, and maintenance and refurbishment contracts. The company also operates a builder's merchants division, providing a comprehensive stock of products to meet its clients' needs. DITT Construction is committed to delivering safe, environmentally sound, and high-quality services that exceed customer expectations, all at competitive prices.

Leap Automation

Venture Round in 2024
Leap Automation provides food producers with end-of-line automation and machine vision systems. It reduces the dependency on manual labour for repetitive tasks.

ZeroAvia

Series C in 2024
Founded in 2017, ZeroAvia develops zero-emission aircraft propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable hydrogen-electric technologies that can retrofit existing aircraft and support sustainable aviation.

Highland Broadband

Debt Financing in 2024
Highland Broadband offers broadband technology services to homes and businesses.

iGii

Venture Round in 2024
iGii specializes in developing advanced manufacturing processes for graphene foam. Its innovative technology enables the production of high-performance, pure graphene directly onto any surface at room temperature and within seconds.

Haventus

Debt Financing in 2024
Haventus is an energy management firm that focuses on facilitating the energy transition and supporting economic development.

Orbex Space

Series C in 2024
Founded in 2015, Orbex is a leading private launch services company in Europe, specializing in the small satellite industry. The company has developed a low carbon, high-performance micro-launch vehicle that supports the deployment of satellites into polar and sun-synchronous low Earth orbits from a modern launch site in central Europe. Orbex offers a flexible core launch service along with a range of supporting services aimed at simplifying the launch process for its customers. By operating from a European location, Orbex benefits from shorter supply lines, easier communication, and reduced operational costs. The company utilizes advanced materials and in-house technologies, including rocket engines and avionics, to ensure high reliability and flexible mission profiles, enabling timely launches for small, micro, and nano-satellites.

EnteroBiotix

Series B in 2024
EnteroBiotix develops orally available microbial therapeutics derived from human gastrointestinal tract bacteria. Its focus is preventing and treating diseases by restoring gut microbiota balance.

Calcivis

Venture Round in 2024
Calcivis is a privately held company founded in 2012 and headquartered in Edinburgh, Scotland. It specializes in developing and commercializing innovative dental imaging technology aimed at addressing significant unmet needs in dentistry. The company's core product is a platform designed to revolutionize the treatment of tooth decay by enabling dentists to visualize active decay early, potentially preventing cavities that would otherwise require drilling and filling. Calcivis operates a virtual development model, collaborating with contract research and manufacturing organizations predominantly based in Scotland.

Aurora Energy Services

Debt Financing in 2024
Aurora Energy Services is a specialized firm focused on supporting the global shift towards renewable energy. It provides comprehensive energy services, including construction, maintenance, and decommissioning support for various energy assets, such as wind turbines and offshore structures. The company's offerings span turbine blade services, inspection and repair, engineering, fabrication, site services, and ropes access services, aiming to maximize the lifespan and returns of energy assets for its clients. Backed by extensive industry knowledge and experience, Aurora's mission is to become a leading energy services provider, facilitating the transition from oil and gas to renewable energy sources.

Trojan Energy

Venture Round in 2024
Founded in 2016, Trojan Energy specializes in providing electric vehicle charging infrastructure solutions worldwide. The company offers on-street flat and flush charging points, addressing the challenge faced by vehicle owners without off-street parking.

Cumulus Oncology

Seed Round in 2024
Cumulus Oncology Limited is a biotechnology company based in Edinburgh, United Kingdom, focused on developing innovative anti-cancer therapies for clinical settings characterized by high unmet medical needs. Established in 2017, the company targets critical pathways in cancer treatment to enhance the efficacy and outcomes of existing and experimental therapies. Cumulus Oncology's lead candidate is a preclinical oral Chk1 kinase inhibitor designed to facilitate DNA repair, thereby improving treatment effectiveness for cancer patients. The company is supported by a team of seasoned professionals and industry partners with extensive experience in drug discovery and development, providing valuable insights into optimal cancer treatment strategies.

Cyacomb

Venture Round in 2023
Cyacomb is a software company specializing in digital forensics. It develops innovative tools to help law enforcement agencies swiftly locate and block harmful online content, including illegal material used by criminals like pedophiles and terrorists.

Krucial (formerly R3 IoT Limited)

Seed Round in 2023
R3 IoT enables organisations to access their critical operational data by automating the collection of sensor data. This data is transferred from remote operations to the cloud via satellite providing business leaders and operational management the capability to make better decisions and reduce inefficiencies.

Verlume

Venture Round in 2023
Verlume is a provider of innovative solutions for the underwater, offshore, and onshore sectors. The company specializes in developing and deploying subsea power hub technology that harnesses ocean currents and tides to generate clean electrical energy. This technology enables clients to reduce their carbon footprint by utilizing renewable energy sources without environmental pollution. Verlume's offerings help decarbonize operations across various industries, including oil and gas, offshore wind, and marine renewables.

Forrit Technology

Debt Financing in 2023
Forrit Technology is a developer of a cloud-based web content management system (CMS) tailored for enterprise clients. Its platform is designed to enhance the online customer experience by providing tools for collaboration, brand consistency management, and online security. By leveraging this technology, enterprise clients can improve operational efficiency, reduce risks, and ensure compliance with regulations. Forrit's focus on delivering a robust and secure CMS positions it as a valuable partner for organizations seeking to optimize their digital presence.

Highland Broadband

Debt Financing in 2023
Highland Broadband offers broadband technology services to homes and businesses.

Utopi

Series A in 2023
The multi-award winning ESG technology platform for multi-tenant real estate.

PneumoWave

Series A in 2023
PneumoWave is a company focused on developing advanced real-time monitoring solutions for patients with respiratory conditions. Utilizing proprietary sensor technology and an AI-driven digital therapeutic software platform, PneumoWave enables patients and healthcare providers to track respiratory rates and performance outside of clinical settings, such as at home or work. The company's innovative biosensors continuously capture and wirelessly transmit data for analysis, allowing for the accurate detection of various respiratory adverse events. This system includes an alert mechanism that promptly notifies healthcare professionals, facilitating timely interventions and improving patient outcomes. By enabling doctors to better manage medication use, identify early signs of deterioration, and reduce hospital admissions and in-person appointments, PneumoWave aims to transform respiratory care through proactive monitoring and intervention.

IndiNature

Venture Round in 2023
IndiNature is a UK-based manufacturer specialising in bio-based construction materials. It focuses on producing natural insulation products derived from locally sourced hemp crops. The company's primary goal is to provide sustainable alternatives to conventional building materials, contributing to environmental conservation and improved indoor air quality. Their products offer passive temperature and humidity regulation, ensuring durability and breathability while promoting a healthier living environment.

Orbex Space

Series C in 2022
Founded in 2015, Orbex is a leading private launch services company in Europe, specializing in the small satellite industry. The company has developed a low carbon, high-performance micro-launch vehicle that supports the deployment of satellites into polar and sun-synchronous low Earth orbits from a modern launch site in central Europe. Orbex offers a flexible core launch service along with a range of supporting services aimed at simplifying the launch process for its customers. By operating from a European location, Orbex benefits from shorter supply lines, easier communication, and reduced operational costs. The company utilizes advanced materials and in-house technologies, including rocket engines and avionics, to ensure high reliability and flexible mission profiles, enabling timely launches for small, micro, and nano-satellites.

Trojan Energy

Venture Round in 2022
Founded in 2016, Trojan Energy specializes in providing electric vehicle charging infrastructure solutions worldwide. The company offers on-street flat and flush charging points, addressing the challenge faced by vehicle owners without off-street parking.

pureLiFi

Venture Round in 2022
pureLiFi Ltd. is a light communications technology company based in Edinburgh, United Kingdom, that specializes in developing Li-Fi, a visible light communications technology. By utilizing the visible light spectrum instead of traditional radio frequencies, pureLiFi enables wireless data communication. The company offers various products, including Li-1st, which allows customers to develop and test VLC applications; Li-Flame, a secure wireless network solution; and the Li-Fire Platform, which supports wireless communications through light. Its technology is applicable in diverse fields such as smart lighting, healthcare, aviation, and location-based services, addressing issues like RF spectrum relief and enhancing mobile connectivity. Originally founded as pureVLC Ltd. in 2012, the company rebranded in 2013 to reflect its focus on Li-Fi solutions.

Orbital Marine Power

Venture Round in 2022
Founded in 2002, Orbital Marine Power specializes in developing floating tidal stream turbines. The company focuses on reducing installation, maintenance, and decommissioning costs to make tidal energy generation more affordable. Its product portfolio includes the SR250 prototype turbine and the commercial-scale Orbital O2 turbine.

Elasmogen

Venture Round in 2022
Elasmogen Ltd is a biopharmaceutical company based in Aberdeen, United Kingdom, founded in 2014. The company specializes in discovering and developing novel therapies for inflammatory eye diseases and other autoimmune conditions. Elasmogen's primary innovation lies in its proprietary soloMER technology, which consists of small, stable proteins derived from variable new-antigen receptors (VNARs) found in sharks. These next-generation therapeutics are designed to be significantly smaller and more robust than traditional antibodies while avoiding complex patent landscapes. Elasmogen's pipeline includes various candidates targeting autoimmune-mediated inflammatory diseases, such as ELN/21 and ELN/22, as well as soloMER-drug conjugates and NDure, which enhances the plasma half-life of therapeutic molecules. The company has established strategic partnerships with Almac Discovery Ltd and Merck Inc., and it possesses a comprehensive intellectual property portfolio that includes exclusive licenses for over 20 patents across multiple jurisdictions.

Aberdeen Harbour Board

Debt Financing in 2022
Aberdeen Harbour Board operates as a key maritime transportation organization and logistics hub in the Port of Aberdeen. It offers a diverse range of facilities catering to various sectors, including oil and gas, renewable energy, freight, cruise, and ferry services. The organization focuses on providing value-added solutions aimed at reducing risks and project costs for its customers. Committed to maintaining high safety standards and environmental stewardship, Aberdeen Harbour Board plays a vital role in supporting the development of sustainable port operations, contributing to economic prosperity in the region.

Sunamp

Convertible Note in 2021
Sunamp Ltd. specializes in designing, manufacturing, and selling heat batteries for various applications. Its products include UniQ Heat Batteries for hot water and heating systems, SunampPV for solar PV integration, SunampStack for optimizing renewable heat sources, and SunampCube for large-scale heat storage. Incorporated in 2005, the company is headquartered in Macmerry, United Kingdom.

TIDAL

Debt Financing in 2021
TIDAL is a global music and entertainment platform dedicated to connecting artists and fans while providing exclusive access to high-profile content, including music, videos, livestreams, tickets, merchandise, and live experiences. The platform features a catalog of over 50 million songs and 200,000 high-quality music videos, and offers original content such as podcasts, video series, and artist documentaries. Available in 52 countries, TIDAL has livestreamed more than 120 concerts and facilitated the sale of 325,000 concert tickets, alongside hosting numerous exclusive events for its members. This subscription-based service emphasizes lossless audio and high-definition music videos, ensuring a premium experience for users seeking curated editorial content.

IndiNature

Venture Round in 2021
IndiNature is a UK-based manufacturer specialising in bio-based construction materials. It focuses on producing natural insulation products derived from locally sourced hemp crops. The company's primary goal is to provide sustainable alternatives to conventional building materials, contributing to environmental conservation and improved indoor air quality. Their products offer passive temperature and humidity regulation, ensuring durability and breathability while promoting a healthier living environment.

Krucial (formerly R3 IoT Limited)

Seed Round in 2021
R3 IoT enables organisations to access their critical operational data by automating the collection of sensor data. This data is transferred from remote operations to the cloud via satellite providing business leaders and operational management the capability to make better decisions and reduce inefficiencies.

Cyacomb

Cyacomb is a software company specializing in digital forensics. It develops innovative tools to help law enforcement agencies swiftly locate and block harmful online content, including illegal material used by criminals like pedophiles and terrorists.

North Star

North Star owns and operates the largest wholly UK-owned fleet engaged in the UK’s offshore industry in the North Sea, providing the comprehensive operational experience of the seas around the UK coastline. Our clients rely on our advanced vessels and the unrivaled experience of our highly trained crews to provide offshore infrastructure support 24/7 365 days of the year.
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.