Scottish Enterprise

Scottish Enterprise is Scotland's primary economic development agency, operating as a non-departmental public body under the Scottish Government. Established in 1991 and based in Glasgow, it aims to foster an innovative and productive economy by partnering with both public and private sectors to identify and capitalize on high-value opportunities. The organization supports small and medium-sized enterprises (SMEs) by helping them secure necessary financing, enhancing management capabilities, and facilitating growth. Through its arm, the Scottish Investment Bank, it engages in direct and fund of fund investments, focusing on sectors such as renewable energy, healthcare, technology, and creative industries. It typically invests between £0.01 million and £10 million, utilizing various financial instruments including loans, equity, and mezzanine financing. Scottish Enterprise also collaborates with UK and international investors, including business angels and venture capital groups, to stimulate the funding market in Scotland and enhance the growth potential of Scottish businesses.

Steve Dunlop

Chief Executive

Jane Martin

Managing Director of Innovation and Investment

Pat McHugh

Investment Director

Iain Scott

Chief Financial Officer

Kerry Sharp

Head of the Scottish Investment Bank

Past deals in AgTech

Biotangents

Venture Round in 2022
Biotangents Ltd., founded in 2015 and based in Glasgow, United Kingdom, specializes in designing and building biological pathways for the production of valuable natural materials. The company utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from various DNA components. Among its innovations is the development of terpenoid biosynthesis strains and the Short Sequence Randomisation technology for DNA randomisation. Biotangents has also conceptualized Moduleic Sensing, a modular cell-free nucleic acid detection technology, which led to the creation of a diagnostic test for identifying infectious diseases in livestock. This veterinary diagnostic device employs isothermal amplification technology, enabling precise detection without significant technical demands and allowing for quick adaptation to new targets. The solutions provided by Biotangents aim to mitigate the impact of infectious diseases in livestock, thereby enhancing the efficiency of animal protein production.

ŌGI Bio

Seed Round in 2022
ŌGI Bio is a newly formed start-up company from The University of Edinburgh with the mission to revolutionize the way that microbes are grown and managed.
Rhizocore Technologies produces locally-adapted mycorrhizal fungi to enhance tree planting success.

WellFish Diagnostics

Seed Round in 2022
WellFish Diagnostics is on a mission to enhance the sustainability of the aquaculture industry by increasing productivity resulting from improved fish health and welfare. The company was founded in 2021 by Brian Quinn and is headquartered in Bridge of Weir, United Kingdom. .
Intelligent Growth Solutions Ltd, founded in 2013 and based in Dundee, United Kingdom, specializes in developing and providing advanced vertical farming technology for indoor food production in diverse locations. The company offers a plug-and-play platform that includes an indoor vertical farming demonstration facility equipped with an Internet of Things (IoT)-enabled power and communications system. This system incorporates patented electrical, electronic, and mechanical technologies designed to create optimal growing conditions for plants. Intelligent Growth Solutions is committed to continuous innovation and practical design, challenging conventional approaches to agricultural technology.

ENOUGH

Series B in 2021
ENOUGH, formerly known as 3fbio Ltd., is a technology spin-out from the University of Strathclyde, established to develop and commercialize innovative patented technology for the production of mycoprotein, a meat-free food product. The company employs integrated fermentation processes that combine the production of mycoprotein with existing bio-refinery operations, which also generate bioethanol and animal feed as co-products. By utilizing glucose syrup as feedstock for mycoprotein and carbohydrate feedstock for bioethanol, ENOUGH aims to enhance production economics while promoting sustainable food solutions. Incorporated in 2015 and based in Glasgow, United Kingdom, the company focuses on transforming the food, fuel, and feed sectors through its advanced production methods.

MiAlgae

Seed Round in 2020
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the production of microalgal products designed to replace fishmeal in livestock feeds. The company focuses on creating nutrient-rich supplements high in Omega-3 fatty acids and proteins, essential for aquaculture and other livestock. By utilizing wastewater remediation in its production process, MiAlgae operates within a circular economy framework, which helps lower production costs and enhances competitiveness in the £340 billion global livestock feed industry. This innovative approach not only contributes to sustainable livestock production but also addresses the growing demand for alternative protein sources in animal nutrition.
Intelligent Growth Solutions Ltd, founded in 2013 and based in Dundee, United Kingdom, specializes in developing and providing advanced vertical farming technology for indoor food production in diverse locations. The company offers a plug-and-play platform that includes an indoor vertical farming demonstration facility equipped with an Internet of Things (IoT)-enabled power and communications system. This system incorporates patented electrical, electronic, and mechanical technologies designed to create optimal growing conditions for plants. Intelligent Growth Solutions is committed to continuous innovation and practical design, challenging conventional approaches to agricultural technology.

Biotangents

Series A in 2019
Biotangents Ltd., founded in 2015 and based in Glasgow, United Kingdom, specializes in designing and building biological pathways for the production of valuable natural materials. The company utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from various DNA components. Among its innovations is the development of terpenoid biosynthesis strains and the Short Sequence Randomisation technology for DNA randomisation. Biotangents has also conceptualized Moduleic Sensing, a modular cell-free nucleic acid detection technology, which led to the creation of a diagnostic test for identifying infectious diseases in livestock. This veterinary diagnostic device employs isothermal amplification technology, enabling precise detection without significant technical demands and allowing for quick adaptation to new targets. The solutions provided by Biotangents aim to mitigate the impact of infectious diseases in livestock, thereby enhancing the efficiency of animal protein production.

Greengage Lighting

Venture Round in 2019
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Greengage Lighting

Venture Round in 2018
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

ENOUGH

Series A in 2018
ENOUGH, formerly known as 3fbio Ltd., is a technology spin-out from the University of Strathclyde, established to develop and commercialize innovative patented technology for the production of mycoprotein, a meat-free food product. The company employs integrated fermentation processes that combine the production of mycoprotein with existing bio-refinery operations, which also generate bioethanol and animal feed as co-products. By utilizing glucose syrup as feedstock for mycoprotein and carbohydrate feedstock for bioethanol, ENOUGH aims to enhance production economics while promoting sustainable food solutions. Incorporated in 2015 and based in Glasgow, United Kingdom, the company focuses on transforming the food, fuel, and feed sectors through its advanced production methods.

Biotangents

Seed Round in 2018
Biotangents Ltd., founded in 2015 and based in Glasgow, United Kingdom, specializes in designing and building biological pathways for the production of valuable natural materials. The company utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from various DNA components. Among its innovations is the development of terpenoid biosynthesis strains and the Short Sequence Randomisation technology for DNA randomisation. Biotangents has also conceptualized Moduleic Sensing, a modular cell-free nucleic acid detection technology, which led to the creation of a diagnostic test for identifying infectious diseases in livestock. This veterinary diagnostic device employs isothermal amplification technology, enabling precise detection without significant technical demands and allowing for quick adaptation to new targets. The solutions provided by Biotangents aim to mitigate the impact of infectious diseases in livestock, thereby enhancing the efficiency of animal protein production.

ENOUGH

Seed Round in 2017
ENOUGH, formerly known as 3fbio Ltd., is a technology spin-out from the University of Strathclyde, established to develop and commercialize innovative patented technology for the production of mycoprotein, a meat-free food product. The company employs integrated fermentation processes that combine the production of mycoprotein with existing bio-refinery operations, which also generate bioethanol and animal feed as co-products. By utilizing glucose syrup as feedstock for mycoprotein and carbohydrate feedstock for bioethanol, ENOUGH aims to enhance production economics while promoting sustainable food solutions. Incorporated in 2015 and based in Glasgow, United Kingdom, the company focuses on transforming the food, fuel, and feed sectors through its advanced production methods.

Greengage Lighting

Venture Round in 2017
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Greengage Lighting

Venture Round in 2017
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Ateeda

Venture Round in 2016
Ateeda Limited, based in Edinburgh, United Kingdom, specializes in the design and manufacture of testing modules and electronic design automation tools for the semiconductor industry. The company provides analog test modules tailored for high-precision testing of audio and instrumentation integrated circuits, serving sectors such as HD audio, precision medical, industrial, and automotive markets. Its offerings include built-in self-test capabilities for linear circuits and digital testing for analog circuits, aimed at enhancing the efficiency and quality of electronic chip manufacturing. Established in 2005 and formerly known as York Place (No. 359) Limited, Ateeda focuses on helping microchip enterprises reduce production costs while meeting the stringent testing specifications demanded by leading consumer brands in the mobile and wearable technology sectors.

Greengage Lighting

Venture Round in 2016
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Greengage Lighting

Venture Round in 2016
Greengage was founded in 2008 and is based on site at the Roslin Institute Edinburgh University. Their presence at the universities campus for veterinary studies, demonstrates their focus on delivering innovative and applicable technologies to the agricultural sector. They work for farmers improving the overall well-being and productivity of their livestock.

Insignia Technologies

Seed Round in 2013
Insignia Technologies Ltd is an innovative business developing a range of sensing technologies. The initial products are a range of smart pigments and inks which can change colour when exposed to a variety of gases or UV light. The main focus of our initial products is in the food packaging industry, whereby the colour changing indicators can warn when food is past its best by undergoing a dramatic and distinct colour change. The patented smart pigments can be easily incorporated into plastic food packaging, creating colour changing plastic film which will help minimise food wastage and ensure consumers know when food is fit for consumption. We are also developing an exciting range of UV, oxygen, volatiles, and humidity indicators for a variety of applications.

Ateeda

Venture Round in 2010
Ateeda Limited, based in Edinburgh, United Kingdom, specializes in the design and manufacture of testing modules and electronic design automation tools for the semiconductor industry. The company provides analog test modules tailored for high-precision testing of audio and instrumentation integrated circuits, serving sectors such as HD audio, precision medical, industrial, and automotive markets. Its offerings include built-in self-test capabilities for linear circuits and digital testing for analog circuits, aimed at enhancing the efficiency and quality of electronic chip manufacturing. Established in 2005 and formerly known as York Place (No. 359) Limited, Ateeda focuses on helping microchip enterprises reduce production costs while meeting the stringent testing specifications demanded by leading consumer brands in the mobile and wearable technology sectors.

Ateeda

Venture Round in 2008
Ateeda Limited, based in Edinburgh, United Kingdom, specializes in the design and manufacture of testing modules and electronic design automation tools for the semiconductor industry. The company provides analog test modules tailored for high-precision testing of audio and instrumentation integrated circuits, serving sectors such as HD audio, precision medical, industrial, and automotive markets. Its offerings include built-in self-test capabilities for linear circuits and digital testing for analog circuits, aimed at enhancing the efficiency and quality of electronic chip manufacturing. Established in 2005 and formerly known as York Place (No. 359) Limited, Ateeda focuses on helping microchip enterprises reduce production costs while meeting the stringent testing specifications demanded by leading consumer brands in the mobile and wearable technology sectors.

Cascade Technologies

Venture Round in 2008
Cascade Technologies offers a number of products that allow for monitoring of greenhouse and general industrial emissions, hazardous gases, explosives and drugs.

Cascade Technologies

Series B in 2006
Cascade Technologies offers a number of products that allow for monitoring of greenhouse and general industrial emissions, hazardous gases, explosives and drugs.

NiTech Solutions

Seed Round in 2005
NiTech Solutions is a authority on delivering step-change process improvement benefits through the use of baffled reactor technology. NiTech’s innovative team have a diverse range of skillsets including process design, chemistry, chemical engineering, reaction engineering and biotechnology/pharma. We have experience, expertise and know-how in successfully transferring existing batch to continuous processes using our technology, together with the development of new innovative processes.