Discovery Investment Fund

Discovery Investment Fund Limited is a venture capital firm based in Dundee, Scotland, established in 2006. The firm specializes in providing growth capital and typically invests between £100,000 and £500,000 across various sectors, including oil, manufacturing, engineering, retail, and consumer products and services. Discovery Investment Fund primarily focuses on opportunities within Scotland and aims for exits within a maximum timeframe of five years.

Scott Carnegie

CEO

6 past transactions

CardioPrecision

Venture Round in 2022
CardioPrecision Ltd, established in 2007 and based in Glasgow, United Kingdom, specializes in the development of innovative medical devices for invasive cardiovascular surgery. The company has created a patented technology that allows medical professionals to conduct minimally invasive procedures with minimal neck access. Its flagship device is a retractor that illuminates different zones of the operative field, facilitating the various steps of cardiothoracic operations through a short incision in the skin crease of the neck. This advancement enables endoscopic vessel harvesting operators to control the monitor's position and perform procedures from a comfortable, upright posture, ultimately enhancing precision during less invasive aortic valve replacement surgeries.

Ocutec

Seed Round in 2014
Ocutec Ltd. is a company based in Bellshill, United Kingdom, that specializes in designing, developing, and marketing polyethylene glycol-based contact lens materials for vision correction and eye care. Founded in 2001, Ocutec leverages the materials science expertise of Professor Neil Graham and his team at the University of Strathclyde to create innovative solutions. The company focuses on developing both thermoset and thermoplastic contact lens materials that utilize polyethylene glycol (PEG) polymer chemistry. This technology facilitates step-growth polymerization, resulting in hydrated lens surfaces that mimic the extracellular matrix. As a result, Ocutec's lenses enhance tear film stability, promote ocular health, and provide improved comfort for users, allowing them the freedom to see without spectacles.

CelluComp

Seed Round in 2012
CelluComp Ltd. is a material science company based in Burntisland, United Kingdom, that specializes in the production of biobased materials derived from waste streams in the food processing industry. The company has developed Curran, a high-performance material made from nano-cellulose fibers extracted from root vegetables. Curran is available in paste, slurry, and powder forms and is suitable for a wide range of applications, including paints, coatings, paper, food products, personal care, home care, cosmetics, concrete, drilling fluids, and composites. CelluComp distributes its products across several regions, including the United Kingdom, Germany, the Netherlands, Poland, France, Spain, Portugal, the Middle East, and the United Arab Emirates. Founded in 2004, CelluComp focuses on creating sustainable, non-hydrocarbon-based materials that enhance product performance while also promoting cost savings for its clients.

Ocutec

Seed Round in 2010
Ocutec Ltd. is a company based in Bellshill, United Kingdom, that specializes in designing, developing, and marketing polyethylene glycol-based contact lens materials for vision correction and eye care. Founded in 2001, Ocutec leverages the materials science expertise of Professor Neil Graham and his team at the University of Strathclyde to create innovative solutions. The company focuses on developing both thermoset and thermoplastic contact lens materials that utilize polyethylene glycol (PEG) polymer chemistry. This technology facilitates step-growth polymerization, resulting in hydrated lens surfaces that mimic the extracellular matrix. As a result, Ocutec's lenses enhance tear film stability, promote ocular health, and provide improved comfort for users, allowing them the freedom to see without spectacles.

Ocutec

Seed Round in 2008
Ocutec Ltd. is a company based in Bellshill, United Kingdom, that specializes in designing, developing, and marketing polyethylene glycol-based contact lens materials for vision correction and eye care. Founded in 2001, Ocutec leverages the materials science expertise of Professor Neil Graham and his team at the University of Strathclyde to create innovative solutions. The company focuses on developing both thermoset and thermoplastic contact lens materials that utilize polyethylene glycol (PEG) polymer chemistry. This technology facilitates step-growth polymerization, resulting in hydrated lens surfaces that mimic the extracellular matrix. As a result, Ocutec's lenses enhance tear film stability, promote ocular health, and provide improved comfort for users, allowing them the freedom to see without spectacles.

Ocutec

Seed Round in 2007
Ocutec Ltd. is a company based in Bellshill, United Kingdom, that specializes in designing, developing, and marketing polyethylene glycol-based contact lens materials for vision correction and eye care. Founded in 2001, Ocutec leverages the materials science expertise of Professor Neil Graham and his team at the University of Strathclyde to create innovative solutions. The company focuses on developing both thermoset and thermoplastic contact lens materials that utilize polyethylene glycol (PEG) polymer chemistry. This technology facilitates step-growth polymerization, resulting in hydrated lens surfaces that mimic the extracellular matrix. As a result, Ocutec's lenses enhance tear film stability, promote ocular health, and provide improved comfort for users, allowing them the freedom to see without spectacles.
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