Scottish Enterprise, established in 1991, is Scotland's principal economic development agency, operating as a non-departmental public body of the Scottish Government. Its mission is to stimulate Scotland's economic growth by fostering an innovative, high-wage, and productive economy with a strong international presence. The agency partners with both public and private sectors to identify and capitalize on opportunities that drive significant, lasting economic impact. Scottish Enterprise provides comprehensive support to businesses, including helping companies secure appropriate finance, strengthening management teams, and facilitating growth and export initiatives. It works closely with Scottish SMEs, as well as UK and international investors, such as business angels, venture capital groups, and corporate investors. The agency operates across Scotland in collaboration with Highlands and Islands Enterprise, aiming to increase the supply of finance for businesses and support the SME funding market.
Managing Director of Scottish Development International and Group Head of Strategy and Technology
Susan Armes
Senior Investment Manager
Past deals in Scotland
Biotangents
Venture Round in 2024
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.
Exergy3
Pre Seed Round in 2024
Exergy3, a spinout from the University of Edinburgh, specializes in energy storage solutions. It has developed a proprietary temperature energy storage technology that captures and stores excess green energy from the grid, converting it into ultra-high temperature heat. This heat is then used to displace fossil fuels in various industrial processes, thereby reducing carbon dioxide emissions. The company's technology offers a cost-effective alternative to hydrogen and carbon capture and storage methods, making it suitable for smaller or more remote processes.
Vector Photonics
Seed Round in 2024
Vector Photonics is a spin-out company from the University of Glasgow, located in Glasgow, Scotland, a notable center for optical and photonics innovation. The company specializes in developing advanced semiconductor laser technology aimed at enhancing data communications and additive manufacturing processes, including metal and plastic printing. Its innovative approach centers on photonic crystal surface-emitting lasers, which are cost-effective and emit light from their top surface, similar to vertical-cavity surface-emitting lasers (VCSELs). This design facilitates easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies, allowing various industries to seamlessly adopt this semiconductor laser technology into their operations.
Ingenious Audio
Venture Round in 2023
Ingenious Audio Ltd is a Scottish startup that specializes in designing and manufacturing audio electronics. Founded in 2010 and headquartered in Edinburgh, the company has developed an innovative product known as the invisible guitar cable. This compact plug-in device transforms traditional analogue audio equipment, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. The invisible guitar cable facilitates wireless connections between existing guitars and amplifiers, allowing users to utilize wireless effect pedals for the first time. Additionally, it enables seamless connections to any Wi-Fi-enabled PC, effectively replacing the need for costly recording and audio effects equipment. This technology also allows for the sharing of audio over the internet, enhancing the versatility of audio production and performance.
Microplate Dx
Seed Round in 2023
Microplate Dx is a developer of diagnostic technology focused on reducing fatalities from drug-resistant infections. As an award-winning spinout from the University of Strathclyde in Glasgow, the company aims to address the global health challenge of antimicrobial resistance. Microplate Dx's innovative solutions utilize highly sensitive biosensor electrodes, combined with miniaturized hydrogel deposits containing antibiotics specific to the infection being detected. Their medical diagnostic device provides a low-cost and accurate point-of-care alternative, enabling rapid antibiotic prescribing in under one hour. This approach enhances antibiotic stewardship and strives to manage the spread of antimicrobial resistance effectively.
Enough
Series C in 2023
Enough is a technology spin-out from the University of Strathclyde focused on the development and commercialization of innovative mycoprotein-based food products. The company aims to enhance the sustainability of protein production by integrating its manufacturing processes into existing bio-refinery operations that produce bio-ethanol and animal feed. This approach not only optimizes the production of food but also contributes to a circular economy by utilizing resources efficiently. Enough's products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions. The fermentation process employed is zero-waste, resulting in food ingredients that provide all essential amino acids and are high in dietary fiber, making them viable substitutes for meat at a low cost.
Exergy3
Grant in 2023
Exergy3, a spinout from the University of Edinburgh, specializes in energy storage solutions. It has developed a proprietary temperature energy storage technology that captures and stores excess green energy from the grid, converting it into ultra-high temperature heat. This heat is then used to displace fossil fuels in various industrial processes, thereby reducing carbon dioxide emissions. The company's technology offers a cost-effective alternative to hydrogen and carbon capture and storage methods, making it suitable for smaller or more remote processes.
Vector Photonics
Seed Round in 2023
Vector Photonics is a spin-out company from the University of Glasgow, located in Glasgow, Scotland, a notable center for optical and photonics innovation. The company specializes in developing advanced semiconductor laser technology aimed at enhancing data communications and additive manufacturing processes, including metal and plastic printing. Its innovative approach centers on photonic crystal surface-emitting lasers, which are cost-effective and emit light from their top surface, similar to vertical-cavity surface-emitting lasers (VCSELs). This design facilitates easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies, allowing various industries to seamlessly adopt this semiconductor laser technology into their operations.
University of Aberdeen Endowment
Grant in 2023
The University of Aberdeen, founded in 1495 by William Elphinstone, holds the distinction of being Scotland's third oldest university and the fifth oldest in the UK. Established to train professionals in various fields including medicine, law, and theology, the university has a rich heritage that reflects its commitment to education and community service. King's College, the university's original institution, continues to influence its operations and values. The University of Aberdeen manages an endowment fund that supports its academic mission through a range of financial resources, including unrestricted and restricted endowments. The earnings generated from these investments are utilized to fund scholarships, professorships, fellowships, and various research and public service initiatives. The endowment is overseen by the university's executive management team, ensuring that it aligns with the institution's educational objectives and heritage.
The University of Edinburgh
Grant in 2023
The University of Edinburgh, established in 1583, is a prestigious institution located in Edinburgh, United Kingdom. It is renowned globally for its academic excellence, offering a wide range of disciplines, including its renowned Medical School and Law School. As one of Scotland's ancient universities, it is committed to delivering high-quality education, conducting cutting-edge research, and fostering innovation to address global challenges.
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.
Enough
Series B in 2021
Enough is a technology spin-out from the University of Strathclyde focused on the development and commercialization of innovative mycoprotein-based food products. The company aims to enhance the sustainability of protein production by integrating its manufacturing processes into existing bio-refinery operations that produce bio-ethanol and animal feed. This approach not only optimizes the production of food but also contributes to a circular economy by utilizing resources efficiently. Enough's products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions. The fermentation process employed is zero-waste, resulting in food ingredients that provide all essential amino acids and are high in dietary fiber, making them viable substitutes for meat at a low cost.
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.
Ingenious Audio
Venture Round in 2020
Ingenious Audio Ltd is a Scottish startup that specializes in designing and manufacturing audio electronics. Founded in 2010 and headquartered in Edinburgh, the company has developed an innovative product known as the invisible guitar cable. This compact plug-in device transforms traditional analogue audio equipment, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. The invisible guitar cable facilitates wireless connections between existing guitars and amplifiers, allowing users to utilize wireless effect pedals for the first time. Additionally, it enables seamless connections to any Wi-Fi-enabled PC, effectively replacing the need for costly recording and audio effects equipment. This technology also allows for the sharing of audio over the internet, enhancing the versatility of audio production and performance.
Polydigi Tech
Pre Seed Round in 2020
PolyDigi focuses on enhancing the safety and user-friendliness of digital transactions through advanced cybersecurity solutions. Specializing in Identity Access and Management, the company offers a proprietary Multi-Factor Authentication system that can utilize up to five factors to bolster security while simplifying the user experience. Their solutions seamlessly integrate with existing communication platforms, allowing users to authenticate without the need for additional applications, which streamlines the process. PolyDigi's comprehensive approach addresses various cyber threats, including Approval Push Payment Scams, Phishing Attacks, and Identity Fraud. The company's innovative contributions to cybersecurity have earned it recognition, including being named the Most Innovative Cybersecurity SME in the United Kingdom and Scotland's Best Cybersecurity Start-up. Their offerings are particularly suited for banks, financial institutions, and payment platforms, providing a robust means to protect online banking services.
Spire Global
Grant in 2019
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.
Spire Global
Convertible Note in 2019
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.
Calcivis
Venture Round in 2019
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.
CuanTec
Venture Round in 2019
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, specializing in the production of biodegradable plastic films for the food industry. Founded in 2016, CuanTec utilizes a sustainable approach by extracting chitin from waste generated by the fisheries sector, particularly from langoustines sourced from the pollution-free waters of the North Atlantic. This extraction is achieved through a low-energy fermentation process that employs harmless bacteria, resulting in a high-quality product with minimal waste. The company’s compostable and antimicrobial bioplastics serve as an environmentally friendly alternative to conventional packaging, aiming to reduce plastic pollution and food waste while extending the shelf life of fresh food. By employing a circular economy model, CuanTec effectively transforms marine waste into valuable packaging solutions.
Machine Labs
Seed Round in 2019
Machine Labs Limited, founded in 2018 and based in Edinburgh, Scotland, specializes in developing data-driven marketing software that leverages machine learning to enhance advertising and database marketing efforts. The company's solutions are designed to increase sales by delivering relevant marketing messages to consumers, ensuring that businesses can effectively target audiences interested in their products. Machine Labs provides a fully online platform that enables small and medium-sized enterprises to access advanced marketing tools without the complexities of traditional enterprise sales. Additionally, the company offers resources such as marketing training, lab notes, and API documentation to support users in optimizing their campaign performance. Users can experience the platform with a 30-day free trial, allowing them to test automation and analysis capabilities.
LendingCrowd
Debt Financing in 2019
LendingCrowd is a fintech lending platform based in Scotland, established in 2014 by CEO Stuart Lunn. It specializes in providing peer-to-peer lending solutions to small and medium-sized businesses across the UK, facilitating their access to essential funding. The platform utilizes advanced technology developed by its team in Edinburgh to connect businesses with a diverse community of individual and institutional lenders, including notable partners like the Scottish Investment Bank and NIBC. LendingCrowd's offerings are characterized by simple and low-cost lending options that provide flexibility, straightforward security arrangements, and minimal ongoing administration costs, allowing businesses to secure loans quickly and efficiently while offering investors opportunities for returns.
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.
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.
Scottish EDGE
Venture Round in 2018
Scottish EDGE is a competition designed to identify and support innovative entrepreneurs in Scotland with high-growth potential. It focuses on nurturing start-ups and recognizes that ongoing support is essential for long-term success. The initiative offers prize funding of up to £150,000 to assist these emerging businesses, fostering a sustainable environment for entrepreneurial development. Through its comprehensive approach, Scottish EDGE aims to cultivate Scotland's entrepreneurial talent and contribute to the growth of the local economy.
Calcivis
Venture Round in 2018
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.
Enough
Series A in 2018
Enough is a technology spin-out from the University of Strathclyde focused on the development and commercialization of innovative mycoprotein-based food products. The company aims to enhance the sustainability of protein production by integrating its manufacturing processes into existing bio-refinery operations that produce bio-ethanol and animal feed. This approach not only optimizes the production of food but also contributes to a circular economy by utilizing resources efficiently. Enough's products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions. The fermentation process employed is zero-waste, resulting in food ingredients that provide all essential amino acids and are high in dietary fiber, making them viable substitutes for meat at a low cost.
LendingCrowd
Venture Round in 2018
LendingCrowd is a fintech lending platform based in Scotland, established in 2014 by CEO Stuart Lunn. It specializes in providing peer-to-peer lending solutions to small and medium-sized businesses across the UK, facilitating their access to essential funding. The platform utilizes advanced technology developed by its team in Edinburgh to connect businesses with a diverse community of individual and institutional lenders, including notable partners like the Scottish Investment Bank and NIBC. LendingCrowd's offerings are characterized by simple and low-cost lending options that provide flexibility, straightforward security arrangements, and minimal ongoing administration costs, allowing businesses to secure loans quickly and efficiently while offering investors opportunities for returns.
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.
Calcivis
Venture Round in 2017
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.
Enough
Seed Round in 2017
Enough is a technology spin-out from the University of Strathclyde focused on the development and commercialization of innovative mycoprotein-based food products. The company aims to enhance the sustainability of protein production by integrating its manufacturing processes into existing bio-refinery operations that produce bio-ethanol and animal feed. This approach not only optimizes the production of food but also contributes to a circular economy by utilizing resources efficiently. Enough's products are designed to be environmentally friendly, utilizing less water and generating lower carbon dioxide emissions. The fermentation process employed is zero-waste, resulting in food ingredients that provide all essential amino acids and are high in dietary fiber, making them viable substitutes for meat at a low cost.
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.
Ryboquin
Venture Round in 2017
Ryboquin Ltd. is a virtual pharmaceutical company based in Selkirk, United Kingdom, focused on developing and commercializing oncology therapies. Incorporated in 2013, the company aims to transform under-developed intellectual property into effective treatments for cancer patients. Its primary product in the pipeline is ECP-102, a tumor apoptosis enhancer that aims to improve the efficacy of chemotherapy across various cancer types. Ryboquin utilizes advanced technologies, including nanotechnology, to optimize its gene therapies and enhance the overall effectiveness of cancer treatment, making them more accessible and affordable for patients and healthcare professionals worldwide.
Crossing35
Grant in 2017
Crossing35 is a Scotland based startup building an AI enabled platform to help CEOs tap global markets and find potential business partners.
Inquisitive Systems
Series A in 2017
Inquisitive Systems Ltd., founded in 2008 and based in Edinburgh, United Kingdom, specializes in developing data protection software aimed at safeguarding intellectual property from security breaches. The company’s flagship product, foxDNATM, originated from a postgraduate project by co-founder Dr. Jamie Graves and has evolved into a comprehensive solution that examines relevant data, provides alerts, and monitors forensic user activity. After initiating commercial trading in 2010, Inquisitive Systems has positioned itself as an ambitious contender in the information security software market, leveraging its strong academic roots as a spin-out from Edinburgh Napier University. The company aims to establish itself as a global leader in this space.
ZoneFox
Series A in 2017
ZoneFox Limited is a security software provider based in Edinburgh, United Kingdom, that specializes in protecting business-critical assets, data, and intellectual property for various industries, including finance, healthcare, high-tech, biotech, and legal. Founded in 2008, the company offers solutions for data monitoring, analytics, and endpoint security, focusing on insider threat detection, behavior analytics, network monitoring, instant alerting, and compliance reporting. Its enterprise security platform delivers cloud-based threat analytics, enabling organizations to gain rapid insights into user behavior and data flow while maintaining user privacy. ZoneFox’s technology helps clients effectively address insider threats, thereby reducing the risks of data theft, leakage, and misuse. The company operates as a subsidiary of Fortinet, Inc., following its acquisition in 2018.
Blazing Griffin
Series A in 2017
Blazing Griffin is an independent digital entertainment company based in Scotland, founded in 2011. Originally established as a game development studio, it has since expanded into a multifaceted organization that includes game development, film production, and television post-production services. With a team of 25 professionals located in Edinburgh and Glasgow, Blazing Griffin provides clients with comprehensive entertainment solutions, utilizing advanced post-production technology to enhance their projects. The company's diverse offerings allow it to cater to a wide range of digital entertainment needs, from creating engaging video games to delivering high-quality film and television content.
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.
MOFgen
Seed Round in 2016
MOFgen Ltd is a pioneering company that specializes in the commercialization of metal-organic frameworks (MOFs) for medical and therapeutic applications. Originating as a spin-out from the University of St Andrews, the company leverages patented technology developed by renowned porous material scientist Prof Russell Morris. MOFgen focuses on designing, manufacturing, and formulating MOFs to create innovative solutions for healthcare challenges. Its products include powdery solids with microscopic pores capable of incorporating antibacterial agents, wound healing compounds, and anti-thrombotic substances. These advanced coatings for medical devices aim to enhance patient care by reducing infection rates and minimizing the need for prolonged hospital stays. Through collaboration with various partners, MOFgen is committed to developing tailored solutions for issues such as healthcare-associated infections, bacterial resistance, chronic wounds, and arterial access.
CuanTec
Seed Round in 2016
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, specializing in the production of biodegradable plastic films for the food industry. Founded in 2016, CuanTec utilizes a sustainable approach by extracting chitin from waste generated by the fisheries sector, particularly from langoustines sourced from the pollution-free waters of the North Atlantic. This extraction is achieved through a low-energy fermentation process that employs harmless bacteria, resulting in a high-quality product with minimal waste. The company’s compostable and antimicrobial bioplastics serve as an environmentally friendly alternative to conventional packaging, aiming to reduce plastic pollution and food waste while extending the shelf life of fresh food. By employing a circular economy model, CuanTec effectively transforms marine waste into valuable packaging solutions.
FINDRA
Seed Round in 2016
FINDRA is a Scottish brand that specializes in high-performance outdoor and adventure clothing for women. The company focuses on designing stylish, versatile, and sustainable apparel made from Italian sports merino wool, which offers natural moisture-wicking properties. FINDRA's mission is to inspire women to embrace an active lifestyle and explore the outdoors without sacrificing performance or style. Operating through an e-commerce platform, the brand aims to encourage consumers to engage in healthy adventures and enhance their well-being.
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.
Caldan Therapeutics
Series A in 2015
Caldan Therapeutics Ltd is a biotechnology company that originated as a spinout from the University of Glasgow and the University of Southern Denmark. The company focuses on the development of novel therapeutics that target free fatty acid receptors, which play a significant role in the pathophysiology of metabolic diseases, particularly Type 2 Diabetes (T2D). Through a collaboration between Professor Graeme Milligan and Professor Trond Ulven, Caldan Therapeutics aims to address various aspects of T2D, including insulin secretion, insulin sensitivity, and islet cell protection. In addition to T2D, there is potential for the company's therapeutics to be applied in treating other conditions such as non-alcoholic steatohepatitis and inflammatory diseases.
Ingenious Audio
Venture Round in 2015
Ingenious Audio Ltd is a Scottish startup that specializes in designing and manufacturing audio electronics. Founded in 2010 and headquartered in Edinburgh, the company has developed an innovative product known as the invisible guitar cable. This compact plug-in device transforms traditional analogue audio equipment, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. The invisible guitar cable facilitates wireless connections between existing guitars and amplifiers, allowing users to utilize wireless effect pedals for the first time. Additionally, it enables seamless connections to any Wi-Fi-enabled PC, effectively replacing the need for costly recording and audio effects equipment. This technology also allows for the sharing of audio over the internet, enhancing the versatility of audio production and performance.
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.
Calcivis
Grant in 2015
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.
Spire Global
Grant in 2015
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.
Alphabet Babies
Venture Round in 2015
Alphabet Babies is a Scotland-based company that specializes in providing downloadable educational resources aimed at enhancing literacy, numeracy, and science skills for children aged one to six. Founded by Alexis Viswanathan, the company focuses on developing essential skills such as alphabetic knowledge, phonological awareness, print awareness, and oral language through engaging activities. Its offerings include games, puppets, dramas, books, songs, lesson plans, letters for parents, puppet templates, and instructional videos. These resources are designed to support both parents and nurseries in fostering a playful exploration of sounds and letters, aligning with early educational frameworks. Alphabet Babies has received multiple accolades, including recognition as the Scottish EDGE winner in December 2013 and the Scottish Business Award for Social Entrepreneur of the Year.
i2eye Diagnostics
Venture Round in 2015
i2Eye Diagnostics Limited, based in Edinburgh, United Kingdom, specializes in developing innovative ophthalmic medical devices that enhance the diagnosis and management of eye and optic nerve disorders. The company's primary product, Saccadic Vector Optokinetic Perimetry (SVOP), measures instinctive responses to light and movement, allowing for accurate visual field testing in pediatric and neuro-ophthalmology contexts. This technology is particularly beneficial for testing children and elderly patients who were previously challenging to assess. i2Eye Diagnostics is a spin-out from the University of Edinburgh and the Edinburgh BioQuarter, and it aims to provide a more accessible and effective approach to visual field analysis by incorporating advanced 3D eye tracking capabilities, which enables patients to move freely during tests without the need for response buttons. Founded in 2010, the company is committed to addressing critical clinical needs in the field of ophthalmology.
Sirakoss
Series A in 2014
Sirakoss is a medical device company based in Scotland that specializes in the development of synthetic bone graft substitutes. The company focuses on creating innovative solutions for trauma, spine, craniomaxillofacial, and dental applications. Sirakoss is advancing its proprietary MaxSi™ Graft technology, which is available in granular and putty forms. This technology is designed to facilitate the fusion of bones, addressing various conditions including congenital and degenerative issues. By providing effective treatment options, Sirakoss aims to enhance patient recovery and support a return to healthy lifestyles.
Bedi OralCare
Seed Round in 2014
Bedi OralCare Limited, based in Edinburgh, United Kingdom, specializes in manufacturing dental products tailored for young children, individuals with disabilities, and dementia sufferers. Established in 2013, the company aims to enhance oral health accessibility for all. Its flagship product, Dental Shield, assists health professionals in examining patients by facilitating mouth opening for routine dental procedures. Another significant offering, the Bedi Tray, allows for dental impressions in preschool children without the need for restraint, promoting a more comfortable experience. The company is committed to improving the quality of life and overall well-being of its patients through its innovative dental care solutions.
Bedi OralCare
Seed Round in 2013
Bedi OralCare Limited, based in Edinburgh, United Kingdom, specializes in manufacturing dental products tailored for young children, individuals with disabilities, and dementia sufferers. Established in 2013, the company aims to enhance oral health accessibility for all. Its flagship product, Dental Shield, assists health professionals in examining patients by facilitating mouth opening for routine dental procedures. Another significant offering, the Bedi Tray, allows for dental impressions in preschool children without the need for restraint, promoting a more comfortable experience. The company is committed to improving the quality of life and overall well-being of its patients through its innovative dental care solutions.
Ingenious Audio
Venture Round in 2013
Ingenious Audio Ltd is a Scottish startup that specializes in designing and manufacturing audio electronics. Founded in 2010 and headquartered in Edinburgh, the company has developed an innovative product known as the invisible guitar cable. This compact plug-in device transforms traditional analogue audio equipment, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. The invisible guitar cable facilitates wireless connections between existing guitars and amplifiers, allowing users to utilize wireless effect pedals for the first time. Additionally, it enables seamless connections to any Wi-Fi-enabled PC, effectively replacing the need for costly recording and audio effects equipment. This technology also allows for the sharing of audio over the internet, enhancing the versatility of audio production and performance.
Inquisitive Systems
Venture Round in 2013
Inquisitive Systems Ltd., founded in 2008 and based in Edinburgh, United Kingdom, specializes in developing data protection software aimed at safeguarding intellectual property from security breaches. The company’s flagship product, foxDNATM, originated from a postgraduate project by co-founder Dr. Jamie Graves and has evolved into a comprehensive solution that examines relevant data, provides alerts, and monitors forensic user activity. After initiating commercial trading in 2010, Inquisitive Systems has positioned itself as an ambitious contender in the information security software market, leveraging its strong academic roots as a spin-out from Edinburgh Napier University. The company aims to establish itself as a global leader in this space.
Smarter Grid Solutions
Funding Round in 2013
Smarter Grid Solutions Ltd. is a prominent smart grid technology company based in Glasgow, with additional offices in London and New York. Founded in 2008, the company specializes in developing and deploying Active Network Management (ANM) products that facilitate the integration of Distributed Energy Resources (DER). Its key offerings include ANM Strata, ANM 100, ANM 50, and CONNECT+, which provide utilities with tools to connect, control, and optimize DER across various scales. Additionally, the company offers Capacity Analysis Portal Tools for assessing DER connection feasibility and a Grid Connection Assessment Tool for detailed connection studies. Smarter Grid Solutions also provides consultancy services focused on strategic planning, modeling, and smart grid training. The company serves a diverse clientele, including large power companies and utilities across the UK, mainland Europe, and the US, contributing to the advancement of smart grid initiatives in both urban and rural settings.
Simple Audio
Venture Round in 2012
Simple Audio, founded in Glasgow in 2008, specializes in designing and manufacturing high-definition audio products aimed at enhancing home sound systems. The company focuses on creating affordable digital audio distribution systems that enable high-quality music playback from multiple sources throughout the home. By leveraging Powerline and ethernet transmission technology, Simple Audio addresses common issues in the audio market, such as poor sound reproduction, complicated installation processes, and high costs. Their products can be conveniently controlled through iPhone, iPad, and iPod devices, making them accessible and user-friendly for consumers seeking an improved audio experience.
Simple Audio
Venture Round in 2012
Simple Audio, founded in Glasgow in 2008, specializes in designing and manufacturing high-definition audio products aimed at enhancing home sound systems. The company focuses on creating affordable digital audio distribution systems that enable high-quality music playback from multiple sources throughout the home. By leveraging Powerline and ethernet transmission technology, Simple Audio addresses common issues in the audio market, such as poor sound reproduction, complicated installation processes, and high costs. Their products can be conveniently controlled through iPhone, iPad, and iPod devices, making them accessible and user-friendly for consumers seeking an improved audio experience.
Touch Bionics
Venture Round in 2011
Touch Bionics Limited, located in Livingston, Scotland, specializes in the development and marketing of advanced upper-limb prosthetics aimed at patients with upper-limb deficiencies. The company's notable products include the i-LIMB Hand, a multi-articulating bionic hand designed to assist amputees, and self-contained powered Prosthetic Digits, which offer functionality for individuals with partial hand loss. Additionally, Touch Bionics provides ProDigits, a solution for patients missing fingers. Their offerings extend to highly realistic passive functional prostheses, which are designed to closely resemble the natural appearance of the wearer. Touch Bionics distributes its innovative products across various regions, including the United States, Europe, Asia, and parts of South America and Africa. Established in 2003, the company was previously known as Touch EMAS Limited and rebranded in 2005. As of 2016, Touch Bionics operates as a subsidiary of Ossur Hf.
Simple Audio
Venture Round in 2011
Simple Audio, founded in Glasgow in 2008, specializes in designing and manufacturing high-definition audio products aimed at enhancing home sound systems. The company focuses on creating affordable digital audio distribution systems that enable high-quality music playback from multiple sources throughout the home. By leveraging Powerline and ethernet transmission technology, Simple Audio addresses common issues in the audio market, such as poor sound reproduction, complicated installation processes, and high costs. Their products can be conveniently controlled through iPhone, iPad, and iPod devices, making them accessible and user-friendly for consumers seeking an improved audio experience.
Ingenious Audio
Seed Round in 2011
Ingenious Audio Ltd is a Scottish startup that specializes in designing and manufacturing audio electronics. Founded in 2010 and headquartered in Edinburgh, the company has developed an innovative product known as the invisible guitar cable. This compact plug-in device transforms traditional analogue audio equipment, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. The invisible guitar cable facilitates wireless connections between existing guitars and amplifiers, allowing users to utilize wireless effect pedals for the first time. Additionally, it enables seamless connections to any Wi-Fi-enabled PC, effectively replacing the need for costly recording and audio effects equipment. This technology also allows for the sharing of audio over the internet, enhancing the versatility of audio production and performance.
Simple Audio
Venture Round in 2011
Simple Audio, founded in Glasgow in 2008, specializes in designing and manufacturing high-definition audio products aimed at enhancing home sound systems. The company focuses on creating affordable digital audio distribution systems that enable high-quality music playback from multiple sources throughout the home. By leveraging Powerline and ethernet transmission technology, Simple Audio addresses common issues in the audio market, such as poor sound reproduction, complicated installation processes, and high costs. Their products can be conveniently controlled through iPhone, iPad, and iPod devices, making them accessible and user-friendly for consumers seeking an improved audio experience.
Simple Audio
Venture Round in 2010
Simple Audio, founded in Glasgow in 2008, specializes in designing and manufacturing high-definition audio products aimed at enhancing home sound systems. The company focuses on creating affordable digital audio distribution systems that enable high-quality music playback from multiple sources throughout the home. By leveraging Powerline and ethernet transmission technology, Simple Audio addresses common issues in the audio market, such as poor sound reproduction, complicated installation processes, and high costs. Their products can be conveniently controlled through iPhone, iPad, and iPod devices, making them accessible and user-friendly for consumers seeking an improved audio experience.
Simple Audio
Venture Round in 2010
Simple Audio, founded in Glasgow in 2008, specializes in designing and manufacturing high-definition audio products aimed at enhancing home sound systems. The company focuses on creating affordable digital audio distribution systems that enable high-quality music playback from multiple sources throughout the home. By leveraging Powerline and ethernet transmission technology, Simple Audio addresses common issues in the audio market, such as poor sound reproduction, complicated installation processes, and high costs. Their products can be conveniently controlled through iPhone, iPad, and iPod devices, making them accessible and user-friendly for consumers seeking an improved audio experience.
NXVISION
Venture Round in 2009
NXVision, based in Dunfermline, Scotland, was founded in August 2006 as Inxstor Ltd. The company specializes in digital media software, focusing on innovative solutions for video content delivery. It has developed proprietary technology that enables any Internet-connected device or mobile phone to access and display content from a home set-top box or Internet-connected television. NXVision has quickly established itself as a prominent supplier of set-top box applications, offering comprehensive place-shifting and sideloading solutions that ensure secure and efficient video streaming.
Adventi
Venture Round in 2009
Adventi was formed in 2002 by Graham Bucknall, the aim of the business was to provide IT support to small businesses that did not have their own IT support function. The target in the ï¬rst year was sign up 60 clients. In 2003, the company acquired the IT support division of CVG, this was the ï¬rst acquisition and expanded the business resulting in the company having operational bases in Edinburgh and Glasgow. It doubled the client base and by now was employing circa 30 people. In 2005, Adventi acquired Scotsys creating a business with a turnover of £16M. Adventi, already an accredited Microsoft Partner moved into new territory with Scotsys, a company providing Apple products through two retail outlets and supplying over 80% of Apple Mac computers into schools in Scotland. Scotsys also had a training business In 2007, the business now known as The Adventi Group acquires Integral Arm, a managed services business with circa 400 clients. Today, Adventi is a full service IT business providing a range of IT products, services and solutions to a client base in excess of 600 and growing. Our partnerships with some of the world’s leading IT business, such as Microsoft, Cisco, Apple, Steljes and HP results in a innovatively unique set of propositions unmatched in the UK..
BigDNA
Venture Round in 2008
Big DNA Ltd was set up in 2007 by Dr John March, as a spin out company from the Moredun Research Institute at Edinburgh University, to further develop and commercialise new vaccination technologies. Based at Roslin BioCentre, the company currently employs 7 people.
CriticalBlue
Series C in 2008
CriticalBlue Limited, based in Edinburgh, United Kingdom, specializes in software analysis and optimization services. The company offers Prism, an embedded programming system, and has developed Approov, an application designed to protect digital assets from cyber threats, particularly in API channels. Approov enhances mobile API security by addressing various vulnerabilities and inefficiencies through a seamless integration into existing software infrastructures. Founded in 2001 and initially known as Adaptive Programmable Silicon Ltd., CriticalBlue has established itself within the technology sector, combining extensive experience in software development with dynamic runtime technologies to provide effective and efficient digital business protection solutions.
BigDNA
Venture Round in 2007
Big DNA Ltd was set up in 2007 by Dr John March, as a spin out company from the Moredun Research Institute at Edinburgh University, to further develop and commercialise new vaccination technologies. Based at Roslin BioCentre, the company currently employs 7 people.
NXVISION
Venture Round in 2007
NXVision, based in Dunfermline, Scotland, was founded in August 2006 as Inxstor Ltd. The company specializes in digital media software, focusing on innovative solutions for video content delivery. It has developed proprietary technology that enables any Internet-connected device or mobile phone to access and display content from a home set-top box or Internet-connected television. NXVision has quickly established itself as a prominent supplier of set-top box applications, offering comprehensive place-shifting and sideloading solutions that ensure secure and efficient video streaming.
Edinburgh Robotics
Series A in 2006
Edinburgh Robotics Limited was founded in 2005 by Joe Halliwell and Nils Roeder, two former researchers who maintain their close relationship with the University of Edinburgh. Edinburgh Robotics built their development platform to integrate experiences from mobile robotics to help accelerating intelligent system and robotic application development.
NXVISION
Venture Round in 2006
NXVision, based in Dunfermline, Scotland, was founded in August 2006 as Inxstor Ltd. The company specializes in digital media software, focusing on innovative solutions for video content delivery. It has developed proprietary technology that enables any Internet-connected device or mobile phone to access and display content from a home set-top box or Internet-connected television. NXVision has quickly established itself as a prominent supplier of set-top box applications, offering comprehensive place-shifting and sideloading solutions that ensure secure and efficient video streaming.
Adventi
Venture Round in 2005
Adventi was formed in 2002 by Graham Bucknall, the aim of the business was to provide IT support to small businesses that did not have their own IT support function. The target in the ï¬rst year was sign up 60 clients. In 2003, the company acquired the IT support division of CVG, this was the ï¬rst acquisition and expanded the business resulting in the company having operational bases in Edinburgh and Glasgow. It doubled the client base and by now was employing circa 30 people. In 2005, Adventi acquired Scotsys creating a business with a turnover of £16M. Adventi, already an accredited Microsoft Partner moved into new territory with Scotsys, a company providing Apple products through two retail outlets and supplying over 80% of Apple Mac computers into schools in Scotland. Scotsys also had a training business In 2007, the business now known as The Adventi Group acquires Integral Arm, a managed services business with circa 400 clients. Today, Adventi is a full service IT business providing a range of IT products, services and solutions to a client base in excess of 600 and growing. Our partnerships with some of the world’s leading IT business, such as Microsoft, Cisco, Apple, Steljes and HP results in a innovatively unique set of propositions unmatched in the UK..
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