Scottish Enterprise

Scottish Enterprise is Scotland's primary economic development agency, operating as a non-departmental public body of the Scottish Government. Its mission is to foster economic growth by supporting the development of innovative, high-wage industries with a strong international presence. The organization plays a crucial role in assisting small and medium-sized enterprises (SMEs) in securing financing, helping them engage with funders and access the necessary capital for expansion. Scottish Enterprise invests through its arm, the Scottish Investment Bank, which focuses on various sectors, including renewable energy, life sciences, and creative industries. The firm engages in both direct and fund-of-fund investing, typically providing financial support in the form of equity or loans ranging from £0.01 million to £10 million. Additionally, it collaborates with public and private sectors and works alongside UK and international investors to enhance the funding landscape for Scottish businesses. Through these initiatives, Scottish Enterprise aims to create a sustainable economic impact and strengthen the funding market within Scotland.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Mark Hallan

Global Director, Strategic Relationships

Linda Hanna

Interim CEO

Jane Martin

Managing Director of Innovation and Investment

Jim McFarlane

Managing Director of Operations

Charlie Smith

Managing Director of Scottish Development International and Group Head of Strategy and Technology

Past deals in Energy Storage

Mocean Energy

Seed Round in 2022
Mocean Energy focuses on developing innovative technologies that capture wave energy to support the transition to a zero-carbon future. The company has created an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter employs a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables the use of reliable and cost-effective renewable energy for various subsea applications, including control systems, remotely operated vehicles (ROVs), and autonomous underwater vehicles.

Verlume

Venture Round in 2022
Verlume specializes in subsea power hub technology that generates, stores, and supplies electrical power in underwater, offshore, and onshore sectors. The company's innovative approach harnesses the energy from ocean currents and tides, converting it into electrical energy. This stored power is then delivered to subsea assets, allowing clients to utilize clean and renewable energy sources while minimizing environmental impact. Through its suite of products and services, Verlume aims to assist clients in reducing their carbon footprint and achieving decarbonization in their operations.

Trojan Energy

Venture Round in 2022
Trojan Energy Limited specializes in providing charging infrastructure solutions for electric vehicles globally. Founded in 2016 and based in Stonehaven, United Kingdom, the company focuses on the installation of on-street flat and flush electric vehicle charging points. This innovative approach addresses the needs of vehicle owners who lack access to off-street parking, facilitating the broader adoption of electric vehicles.

Trojan Energy

Series A in 2021
Trojan Energy Limited specializes in providing charging infrastructure solutions for electric vehicles globally. Founded in 2016 and based in Stonehaven, United Kingdom, the company focuses on the installation of on-street flat and flush electric vehicle charging points. This innovative approach addresses the needs of vehicle owners who lack access to off-street parking, facilitating the broader adoption of electric vehicles.

Arcola Energy

Grant in 2021
Arcola Energy is a leader in hydrogen and fuel cell integration, specializing in zero-emission solutions for heavy-duty vehicles and transport applications.

Mocean Energy

Seed Round in 2020
Mocean Energy focuses on developing innovative technologies that capture wave energy to support the transition to a zero-carbon future. The company has created an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter employs a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables the use of reliable and cost-effective renewable energy for various subsea applications, including control systems, remotely operated vehicles (ROVs), and autonomous underwater vehicles.

Sunamp

Series A in 2020
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Sunamp

Venture Round in 2020
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Trojan Energy

Seed Round in 2020
Trojan Energy Limited specializes in providing charging infrastructure solutions for electric vehicles globally. Founded in 2016 and based in Stonehaven, United Kingdom, the company focuses on the installation of on-street flat and flush electric vehicle charging points. This innovative approach addresses the needs of vehicle owners who lack access to off-street parking, facilitating the broader adoption of electric vehicles.

Verlume

Venture Round in 2020
Verlume specializes in subsea power hub technology that generates, stores, and supplies electrical power in underwater, offshore, and onshore sectors. The company's innovative approach harnesses the energy from ocean currents and tides, converting it into electrical energy. This stored power is then delivered to subsea assets, allowing clients to utilize clean and renewable energy sources while minimizing environmental impact. Through its suite of products and services, Verlume aims to assist clients in reducing their carbon footprint and achieving decarbonization in their operations.

Sunamp

Series A in 2018
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Sunamp

Seed Round in 2015
Sunamp Ltd. specializes in the design, production, and sale of innovative heat battery systems aimed at efficient thermal energy storage. The company offers a range of products, including the UniQ heat batteries for upgrading hot water and heating systems, SunampPV for converting excess solar energy into heat for on-demand hot water, and SunampStack for optimizing renewable heat sources like air source heat pumps. Additionally, Sunamp is developing the SunampCube for large-scale community and commercial heat storage, as well as solutions for the automotive sector. Founded in 2006 and headquartered in Macmerry, Scotland, Sunamp employs phase change materials to deliver compact, stable, and cost-effective energy storage solutions suitable for both residential and industrial applications.

Spark Energy

Venture Round in 2014
Spark Energy Supply Ltd is a specialist energy supplier based in Selkirk, United Kingdom, focused on providing gas and electricity to tenants in the UK market. Incorporated in 2006, the company operates primarily through a network of letting agencies, simplifying the process of energy supply for residential tenants and rental agents. Spark Energy emphasizes the provision of renewable energy, sourcing its electricity and gas from a variety of sustainable methods, including wind, bio-energy, bio-mass, anaerobic digestion, energy crops, and hydro. As of November 2018, Spark Energy operates as a subsidiary of OVO Energy Ltd.
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.