Scottish Investment Bank

The Scottish Investment Bank is a public body supporting economic growth in Scotland. It facilitates finance for small to medium-sized businesses, focusing on sectors such as renewable energy, technology, life sciences, and creative industries. The bank works closely with portfolio companies to strengthen management teams and accelerate growth.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Susan Armes

Senior Investment Manager

Michael Cannon

Head of Grants Appraisal

Victoria Carmichael

Commercial Director

Steve Dunlop

Chief Executive

Adrian Gillespie

Chief Executive and Board Member

Mark Hallan

Global Director, Strategic Relationships

Linda Hanna

Managing Director

Jane Martin

Managing Director of Innovation and Investment

Jim McFarlane

Managing Director of Operations

Jan Robertson

Head of Investment Management, Growth Investments

Kerry Sharp

Director of Entrepreneurship and Investment

Nick Shields

Head of Business Support Services

Charlie Smith

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

Past deals in United Kingdom

United Kingdom Testing and Certification

Grant in 2025
United Kingdom Testing and Certification provides end-to-end testing, inspection and fire certification services for the construction sector and passive fire product manufacturers in the United Kingdom. It conducts fire resistance, reaction-to-fire and smoke leakage testing, with technical reporting and third-party certification to verify safety compliance and the credible performance of building materials and passive fire products.

Biotangents

Venture Round in 2024
Biotangents Ltd. is a biotechnology company based in Glasgow, United Kingdom, specializing in the design and construction of biological pathways to produce desirable natural materials. Founded in 2015, Biotangents utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from multiple DNA components. The company has developed notable technologies such as Short Sequence Randomisation and Moduleic Sensing, the latter of which focuses on modular cell-free nucleic acid detection. Biotangents is also engaged in creating a veterinary diagnostic device aimed at detecting various infectious diseases in livestock. This device utilizes isothermal amplification technology, allowing for precise molecular detection without extensive technical requirements, and can be swiftly adapted to target new pathogens. Through its innovations, Biotangents strives to mitigate the impact of infectious diseases in livestock, enabling more efficient production of animal protein.

Cytomos

Venture Round in 2024
Cytomos Limited, established in 2011 and based in Edinburgh, United Kingdom, specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. The company is known for its patented Dielectric Spectroscopy (CDS) technology, which enables label-free cell analysis with single-cell resolution. This innovative approach provides comprehensive insights into bioprocesses, facilitating automated and quantitative assessments crucial for biomedical research. Cytomos' systems are designed to support biopharma and cell therapy applications by offering deep data analysis per cell, thereby enhancing phenotypic drug discovery and stem cell therapy. By leveraging machine learning algorithms, Cytomos provides researchers with the tools necessary to optimize cell-based diagnostics and ensure accurate dosing in therapeutic contexts.

Novosound

Venture Round in 2024
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

Invizius

Venture Round in 2024
Invizius is a medical technology company focused on improving outcomes in extracorporeal blood treatments. It develops H-Guard, a hemocompatible coating designed to prevent foreign body reactions in the blood at the point of contact with medical devices used in dialysis, cardiopulmonary bypass, and extracorporeal membrane oxygenation. By reducing inflammatory and thrombotic complications associated with long-term dialysis and other extracorporeal circuits, Invizius aims to lower cardiovascular risk and improve patient safety during kidney replacement therapies and related procedures. Based in Edinburgh, United Kingdom, the company was established in 2018 and pursues additional applications in inflammatory and kidney-related conditions through its technology platform.

MiAlgae

Series A in 2024
MiAlgae is a microalgae production company that provides microalgal products rich in omega-3 fatty acids, proteins, and antioxidants for livestock feeds. It aims to replace fishmeal in animal food, including aquaculture, by producing nutrients from algae rather than wild catch. The company emphasizes sustainability through circular economy practices and wastewater remediation to lower production costs and reduce environmental impact. Founded in 2016 and based in Edinburgh, United Kingdom, MiAlgae pursues scalable, seafood-free sources of essential nutrients for livestock feeds.

Triyit

Venture Round in 2024
Triyit Ltd. is a company based in Paisley, United Kingdom, that specializes in test marketing services, enabling brands to gather valuable feedback on products from target consumers before launch. Established in 2016, Triyit operates a product discovery club that offers members personalized selections of new products to sample at home, free of charge. The platform not only facilitates product trials for consumers but also provides brands with tools to analyze consumer preferences and optimize their marketing strategies. Through detailed product descriptions and lifestyle preferences, Triyit enhances market reach and supports companies in understanding their target audience better.

Exergy3

Pre Seed Round in 2024
Exergy3, a spinout from the University of Edinburgh, specializes in energy storage solutions. It has developed a unique 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 solution is more cost-effective than alternatives like hydrogen carbon capture and storage, making it suitable for smaller or more remote processes.

ILC Therapeutics

Venture Round in 2024
ILC Therapeutics is a biotechnology company developing novel peptide therapeutics to modulate the innate immune system. Its focus includes treating cancer, atopic dermatitis, psoriasis, and more recently, COVID-19.

Nandi Proteins

Convertible Note in 2024
Nandi Proteins Limited is a UK-based company, established in 2000 and spun out of Heriot Watt University in 2001. Formerly known as Nandi Biotechnology Limited, the company specializes in developing innovative technologies to enhance the functional properties of proteins used in food manufacturing and nutrition. Nandi Proteins focuses on improving common proteins such as whey, egg, and soy through patented processes that utilize controlled heat, time, and temperature. The company's goal is to lead the market in denatured protein technology, offering value-added protein products and pursuing strategic licensing agreements with industry partners. By leveraging its expertise, Nandi Proteins aims to deliver significant growth and provide manufacturers with the ability to enhance the physical characteristics and health benefits of food and beverage products while also enabling the cost-effective extraction of valuable components.

Shot Scope Technologies

Series B in 2024
Founded in 2014, Shot Scope Technologies specializes in golf performance tracking technology. Its flagship product is Shot Scope, a smart wristband that automatically records sport performance metrics to help professional golfers identify areas for improvement.

Chromacity

Seed Round in 2024
Chromacity Ltd., founded in 2013, specializes in developing, manufacturing, and distributing wavelength tunable femtosecond lasers. Its products cater to life-sciences, spectroscopy, and engineering applications, serving customers globally. The company offers a range of lasers including Spark series for near-infrared wavelengths, Spark-OPO for tunable mid-infrared pulses, and custom OEM solutions optimized for specific applications.

University of Dundee

Grant in 2024
The University of Dundee is a UK-based higher education and research institution recognized for excellence in biological sciences, including a top national ranking and strong international standing outside the United States. It conducts advanced research across biomedical and life sciences and offers undergraduate and graduate programs as well as professional development opportunities. The university administers an endowment to support scholarships, chairs and professorships, fellowships, basic research, and public service programs, reflecting a commitment to academic leadership and community engagement.

Vector Photonics

Seed Round in 2024
Vector Photonics, based in Glasgow, Scotland, is a spin-out company from the University of Glasgow. It specializes in developing semiconductor laser technology for data communications and additive manufacturing, including metal and plastic printing. The company's innovation lies in photonic crystal surface-emitting lasers, which are low-cost and emit light from the top surface, facilitating easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies. This enables various industries to adopt their semiconductor laser technology in daily operations.

ULEMCo

Venture Round in 2024
ULEMCo Limited is a company based in Liverpool, United Kingdom, that specializes in developing hydrogen hybrid combustion technology for commercial vehicles. Founded in 2014, ULEMCo focuses on retrofitting diesel transit vans to operate on hydrogen, effectively converting them to hydrogen dual-fuel systems. The company's innovations extend beyond standard vehicles, as it is also engaged in late-stage research and development of zero-emission hydrogen engines and fuel cell vehicles. This includes specialized applications for heavy-duty vehicles such as ambulances, fire engines, refuse trucks, tow-tugs, and road sweepers. ULEMCo's technology aims to reduce air pollution and promote cleaner transportation in the automobile industry.

Phlo

Venture Round in 2024
Phlo is a digital pharmacy based in London, England, established in January 2019 by Nadeem Sarwar. The company specializes in delivering NHS and private prescriptions directly to patients, focusing on both repeat and acute prescriptions. Phlo's platform allows users to create accounts, manage their medical records, receive prescriptions, and request medications online. By leveraging technology and analytics, Phlo aims to enhance the patient experience, offering real-time, on-demand delivery that saves time and eliminates the need for in-person visits to pharmacies. The service is designed to provide a safe and secure way for patients to access prescription and over-the-counter medications from the comfort of their homes.

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.

Kingdom Technologies

Grant in 2024
Kingdom Technologies Ltd. is a company that specializes in the development and manufacture of robotic lawn mowers designed specifically for large terrains. Founded in 2018 and headquartered in Glasgow, United Kingdom, Kingdom Technologies focuses on creating innovative solutions for lawn maintenance, leveraging advanced robotics technology. The company's products aim to enhance efficiency and convenience in managing extensive outdoor spaces.

Flock Mobility

Grant in 2024
Flock Mobility, a UK-based B2B cleantech company, specialises in optimising electric vehicle (EV) fleets for shared transport services. Backed by the European Space Agency, Flock's AI-driven platform enhances vehicle utilisation, routing, and booking, empowering operators to reduce emissions, lower costs, and improve mobility access.

Aurum Biosciences

Venture Round in 2024
Aurum Biosciences develops innovative pharmaceuticals focused on acute medical conditions with high unmet needs. Its lead product, ABL101, is an oxygen carrier combined with proprietary MRI analysis software for treating acute ischemic stroke, currently in preclinical development.

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.

Ingenious Audio

Venture Round in 2023
Ingenious Audio Ltd is a Scottish company based in Edinburgh, specializing in the design and manufacture of audio electronics. Founded in 2010, the company is known for its innovative product, the invisible guitar cable. This compact plug-in device transforms traditional analogue audio products, such as electric guitars and amplifiers, into Wi-Fi-enabled devices. By enabling wireless connections for existing guitars and amplifiers, Ingenious Audio allows users to utilize wireless effect pedals for the first time. The system facilitates seamless connections to Wi-Fi-enabled PCs, eliminating the need for costly recording and audio effects equipment while enabling users to share audio over the internet.

Mocean Energy

Venture Round in 2023
Mocean Energy develops technologies to harness wave power and accelerate the transition to a zero-carbon future. Based in Edinburgh, United Kingdom, the company designs an energy converter with a power take-off mechanism that converts wave kinetic energy into electricity, enabling reliable, affordable renewable power for subsea applications such as control systems, remotely operated vehicles, and autonomous underwater vehicles.

Trojan Energy

Grant in 2023
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.

Beta Bugs

Venture Round in 2023
Beta Bugs specializes in insect genetics, developing high-performance Black Soldier Fly breeds for insect farmers. Headquartered at Easter Bush Campus, it collaborates with the Roslin Institute to enhance productivity in the insect protein sector.

Microplate Dx

Seed Round in 2023
Microplate Dx develops innovative diagnostic technology aimed at reducing fatalities caused by drug-resistant infections. The company, spun out from the University of Strathclyde in Glasgow, focuses on creating point-of-care solutions that accurately detect specific infections and enable optimal antibiotic prescribing within an hour.

ENOUGH

Series C in 2023
ENOUGH is a company that develops and commercializes patented technology for producing mycoprotein, a meat-free food product. Its innovative process integrates production within existing bio-refineries, creating a sustainable and efficient system that produces Food, Fuel, and Feed simultaneously.

Cytomos

Series A in 2023
Cytomos Limited, established in 2011 and based in Edinburgh, United Kingdom, specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. The company is known for its patented Dielectric Spectroscopy (CDS) technology, which enables label-free cell analysis with single-cell resolution. This innovative approach provides comprehensive insights into bioprocesses, facilitating automated and quantitative assessments crucial for biomedical research. Cytomos' systems are designed to support biopharma and cell therapy applications by offering deep data analysis per cell, thereby enhancing phenotypic drug discovery and stem cell therapy. By leveraging machine learning algorithms, Cytomos provides researchers with the tools necessary to optimize cell-based diagnostics and ensure accurate dosing in therapeutic contexts.

Administrate

Venture Round in 2023
Administrate Limited is a cloud-based training management solution provider based in Edinburgh, United Kingdom, with an additional office in Bozeman, Montana. Established in 2007, the company offers a comprehensive platform designed to streamline training operations for various organizations, including training companies, corporate training departments, and educational institutions. Its primary offerings include CORE, a training management system, a Learning Management System for eLearning, and WEB, which facilitates automatic course listings and online booking. Administrate's solutions are adaptable, enabling users to integrate existing eLearning tools while managing diverse training programs, from executive education to adult learning. The platform emphasizes operational efficiency and data-driven decision-making, allowing organizations to better align their training initiatives with overall business objectives. Its services are utilized both in the United Kingdom and internationally, reflecting its global reach in the training sector.

Exergy3

Grant in 2023
Exergy3, a spinout from the University of Edinburgh, specializes in energy storage solutions. It has developed a unique 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 solution is more cost-effective than alternatives like hydrogen carbon capture and storage, making it suitable for smaller or more remote processes.

Carbogenics

Seed Round in 2023
Carbogenics Ltd is a company based in Edinburgh, United Kingdom, that specializes in developing sustainable solutions for agriculture and waste management. Founded in 2016, Carbogenics focuses on converting disposable coffee cups and other non-recyclable paper-based waste into plant fertilizer through an innovative low-carbon process. The company produces CreChar, a carbon additive that enhances biogas production and promotes plant growth, ultimately benefiting farmers by improving crop yields and profitability. In addition to its product offerings, Carbogenics provides consultancy and analytical services tailored for anaerobic digestion plant operators, addressing customer inquiries via phone, email, and online applications.

Pneumagen

Venture Round in 2023
Founded in 2016 and spun out from the University of St Andrews, Pneumagen focuses on developing glycan-targeted carbohydrate-binding modules (CBMs) for treating respiratory tract infections and cancer.

Manus Neurodynamica

Venture Round in 2023
Founded in 2008, Manus Neurodynamica specializes in medical diagnostic technologies for neuromotor impairments. Its primary product is a non-invasive device designed to support early diagnostics and monitoring of Parkinson's disease, with applications in academic research, pharmaceutical studies, and non-medical uses.

IbisVision

Venture Round in 2023
IbisVision Limited is a company that specializes in developing visual field test software aimed at the early detection of glaucoma, a leading cause of blindness. Its flagship product, Ring of Sight, utilizes patented technology to offer a unique eye testing experience through a cloud-based application that can be accessed remotely from various locations. The software consolidates multiple eye tests into one device, allowing healthcare professionals to conduct both in-practice and no-contact testing. This innovative approach not only enhances patient care but also supports optometrists in maximizing operational efficiency. Founded in 2013 and located in Livingston, United Kingdom, IbisVision is committed to improving eye care by providing a reliable and secure platform for diagnosing and monitoring glaucoma. The application ensures data privacy through secure encrypted servers, underscoring the company's dedication to maintaining high standards of patient confidentiality and security.

Causeway Therapeutics

Venture Round in 2023
Causeway Therapeutics Ltd is a clinical-stage biopharmaceutical company based in Glasgow, United Kingdom, dedicated to developing novel microRNA therapies for musculoskeletal health. Founded in 2015, the company specializes in treating tendon injuries and disorders in both humans and horses. Its key products include EquiMiR, a treatment for equine tendinopathy that mimics natural microRNA with enhanced pharmacological properties, and TenoMiR, which restores critical microRNA levels to improve tendon strength and facilitate recovery. By targeting the molecular mechanisms underlying tendon damage and tendinopathy, Causeway Therapeutics aims to provide advanced therapeutic solutions that alleviate pain and promote faster healing for patients suffering from musculoskeletal diseases.

Phlo

Series A in 2023
Phlo is a digital pharmacy based in London, England, established in January 2019 by Nadeem Sarwar. The company specializes in delivering NHS and private prescriptions directly to patients, focusing on both repeat and acute prescriptions. Phlo's platform allows users to create accounts, manage their medical records, receive prescriptions, and request medications online. By leveraging technology and analytics, Phlo aims to enhance the patient experience, offering real-time, on-demand delivery that saves time and eliminates the need for in-person visits to pharmacies. The service is designed to provide a safe and secure way for patients to access prescription and over-the-counter medications from the comfort of their homes.

Vector Photonics

Seed Round in 2023
Vector Photonics, based in Glasgow, Scotland, is a spin-out company from the University of Glasgow. It specializes in developing semiconductor laser technology for data communications and additive manufacturing, including metal and plastic printing. The company's innovation lies in photonic crystal surface-emitting lasers, which are low-cost and emit light from the top surface, facilitating easy packaging and integration into printed circuit boards (PCBs) and electronic assemblies. This enables various industries to adopt their semiconductor laser technology in daily 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.

Novosound

Venture Round in 2022
Novosound Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in the design and manufacture of innovative ultrasound sensors that address the limitations of traditional technology. As the first spin-out from the University of the West of Scotland, Novosound employs groundbreaking thin-film manufacturing techniques to create highly customizable and scalable ultrasound solutions. The company’s products are utilized across various sectors, including aerospace, oil and gas, industrial applications, as well as in medical, veterinary, and dental fields. By developing advanced imaging sensors, systems, and software, Novosound enhances high-resolution ultrasound imaging, thereby providing clients with improved capabilities in non-destructive testing and diagnostics.

Snappy Shopper

Venture Round in 2022
Snappy Shopper Ltd is an online food and grocery delivery service based in Dundee, United Kingdom, founded in 2017. The company specializes in offering a diverse range of products, including groceries, beverages, snacks, household items, baby care products, pet food, and magazines. Snappy Shopper partners with local convenience stores, allowing customers to order items from their inventories and receive deliveries in as little as 30 minutes. The platform promotes contact-free and same-day delivery, which has helped it gain popularity among consumers, amassing over 105,000 users. Customers typically spend an average of £27 per order, significantly higher than the average spend in traditional convenience stores. The service collaborates with well-known brands such as SPAR, Nisa, Co-Op, and Premier, alongside hundreds of independent retailers, providing an additional sales channel for these businesses. Top-performing stores on the platform can achieve home delivery retail sales exceeding £10,000 per week.

Shot Scope Technologies

Series A in 2022
Founded in 2014, Shot Scope Technologies specializes in golf performance tracking technology. Its flagship product is Shot Scope, a smart wristband that automatically records sport performance metrics to help professional golfers identify areas for improvement.

Adarma

Grant in 2022
Adarma is a cybersecurity services provider focusing on threat management and security operations. It designs, builds, and operates security operations centers and offers in-house, co-managed, or fully managed SOC environments. The company delivers tailored cybersecurity services to extend clients' SOC capabilities, enabling proactive threat hunting and defense against attackers by addressing control gaps. Its offerings include monitoring and analytics, managed SOC services, threat assessment and management, workflow and SOAR, vulnerability management, and risk protection, all aimed at reducing business risk and safeguarding sensitive data. Based in Edinburgh, United Kingdom.

MiAlgae

Series A in 2022
MiAlgae is a microalgae production company that provides microalgal products rich in omega-3 fatty acids, proteins, and antioxidants for livestock feeds. It aims to replace fishmeal in animal food, including aquaculture, by producing nutrients from algae rather than wild catch. The company emphasizes sustainability through circular economy practices and wastewater remediation to lower production costs and reduce environmental impact. Founded in 2016 and based in Edinburgh, United Kingdom, MiAlgae pursues scalable, seafood-free sources of essential nutrients for livestock feeds.

Cytomos

Seed Round in 2022
Cytomos Limited, established in 2011 and based in Edinburgh, United Kingdom, specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. The company is known for its patented Dielectric Spectroscopy (CDS) technology, which enables label-free cell analysis with single-cell resolution. This innovative approach provides comprehensive insights into bioprocesses, facilitating automated and quantitative assessments crucial for biomedical research. Cytomos' systems are designed to support biopharma and cell therapy applications by offering deep data analysis per cell, thereby enhancing phenotypic drug discovery and stem cell therapy. By leveraging machine learning algorithms, Cytomos provides researchers with the tools necessary to optimize cell-based diagnostics and ensure accurate dosing in therapeutic contexts.

Biotangents

Venture Round in 2022
Biotangents Ltd. is a biotechnology company based in Glasgow, United Kingdom, specializing in the design and construction of biological pathways to produce desirable natural materials. Founded in 2015, Biotangents utilizes its proprietary Leapfrog Assembly platform to create complex genetic constructs from multiple DNA components. The company has developed notable technologies such as Short Sequence Randomisation and Moduleic Sensing, the latter of which focuses on modular cell-free nucleic acid detection. Biotangents is also engaged in creating a veterinary diagnostic device aimed at detecting various infectious diseases in livestock. This device utilizes isothermal amplification technology, allowing for precise molecular detection without extensive technical requirements, and can be swiftly adapted to target new pathogens. Through its innovations, Biotangents strives to mitigate the impact of infectious diseases in livestock, enabling more efficient production of animal protein.

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.

Axol Bioscience

Venture Round in 2022
Axol Bioscience Ltd., established in 2012 and based in Little Chesterford, United Kingdom, specializes in human cell culture systems for research purposes. The company produces and supplies various types of human cells derived from induced pluripotent stem cells (iPSCs), such as cardiomyocytes, neural stem cells, and astrocytes, along with primary cells like endothelial cells and fibroblasts. Axol also provides essential media, reagents, and growth factors to maintain these cell cultures. Additionally, they offer custom services including iPSC reprogramming, differentiation, genome editing, and cell sourcing tailored to clients' needs. Their products are distributed globally through strategic partners in various countries across Asia, North America, Europe, and internationally.

Kingdom Technologies

Seed Round in 2022
Kingdom Technologies Ltd. is a company that specializes in the development and manufacture of robotic lawn mowers designed specifically for large terrains. Founded in 2018 and headquartered in Glasgow, United Kingdom, Kingdom Technologies focuses on creating innovative solutions for lawn maintenance, leveraging advanced robotics technology. The company's products aim to enhance efficiency and convenience in managing extensive outdoor spaces.

WellFish Tech

Seed Round in 2022
Founded in 2021 by Brian Quinn, WellFish Tech specializes in enhancing aquaculture sustainability through innovative fish health monitoring. Utilizing rapid, non-lethal blood analysis, the company aims to improve productivity and profitability for marine net pen operators.

Mocean Energy

Seed Round in 2022
Mocean Energy develops technologies to harness wave power and accelerate the transition to a zero-carbon future. Based in Edinburgh, United Kingdom, the company designs an energy converter with a power take-off mechanism that converts wave kinetic energy into electricity, enabling reliable, affordable renewable power for subsea applications such as control systems, remotely operated vehicles, and autonomous underwater vehicles.

Speech Graphics

Series A in 2022
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Cumulus Oncology

Venture Round in 2022
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.

Talking Medicines

Venture Round in 2022
Talking Medicines Limited is a data technology company based in Glasgow, United Kingdom, that focuses on capturing and structuring the global voice of patients regarding launched medicines. The company offers Medsmart, an application that collects comprehensive data about medication adherence, including how, why, and what patients are taking. Its services include PatientMetRx®, a social intelligence platform that employs artificial intelligence and natural language processing to transform unstructured feedback from patients into actionable insights for pharmaceutical companies. This platform allows clients to utilize large language models to access curated patient and healthcare professional experiences, thereby enabling data-driven decision-making. Talking Medicines also provides a real-world persona data service with monthly updates, digital focus groups for surveys and questionnaires, and custom solutions tailored to specific pharmaceutical needs. Established in 2013 and rebranded in December 2015, the company serves the pharmaceutical and healthcare sectors, aiming to enhance marketing effectiveness and improve patient health outcomes through advanced patient insights.

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.

epipole

Venture Round in 2022
Epipole Ltd. is a UK-based company founded in 2011, specializing in the design and manufacture of advanced retinal imaging devices. The company is best known for its EpiCam product line, which includes several models tailored for different applications. The epiCam M is a handheld digital retinal fundus camera that allows real-time exploration of retinal vasculature, while the epiCam C provides enhanced color imaging beyond traditional desktop cameras. The epiCam V is specifically designed for veterinary use, offering high-quality fundus imaging for animals. Additionally, Epipole produces the Model Eye, an optical replica of the human eye used for training medical students in the use of ophthalmoscopes and fundus cameras. By focusing on image processing and medical imaging technologies, Epipole is disrupting the ophthalmic device space, facilitating early diagnosis and monitoring of retinal diseases such as diabetic retinopathy. The company distributes its products through various channels, including partnerships with distributors and online sales.

Pneumagen

Venture Round in 2022
Founded in 2016 and spun out from the University of St Andrews, Pneumagen focuses on developing glycan-targeted carbohydrate-binding modules (CBMs) for treating respiratory tract infections and cancer.

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.

Vert Rotors

Grant in 2021
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

Vert Rotors

Venture Round in 2021
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

EnteroBiotix

Series A in 2021
EnteroBiotix develops orally available microbial therapeutics derived from human gastrointestinal tract bacteria. Its focus is preventing and treating diseases by restoring gut microbiota balance.

Trojan Energy

Series A in 2021
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.

SnapDragon Monitoring

Venture Round in 2021
SnapDragon Monitoring Limited, founded in 2014 and headquartered in Edinburgh, United Kingdom, specializes in developing software solutions for brand protection. The company offers both managed and self-service options to cater to different client needs. Its flagship product, Swoop, is designed to safeguard brand reputations in the marketplace, ensuring that consumers can trust the integrity of the brands they engage with. By focusing on brand monitoring and protection, SnapDragon aims to support businesses in maintaining their reputation and mitigating risks associated with brand infringement.

Chromacity

Venture Round in 2021
Chromacity Ltd., founded in 2013, specializes in developing, manufacturing, and distributing wavelength tunable femtosecond lasers. Its products cater to life-sciences, spectroscopy, and engineering applications, serving customers globally. The company offers a range of lasers including Spark series for near-infrared wavelengths, Spark-OPO for tunable mid-infrared pulses, and custom OEM solutions optimized for specific applications.

Snappy Shopper

Series A in 2021
Snappy Shopper Ltd is an online food and grocery delivery service based in Dundee, United Kingdom, founded in 2017. The company specializes in offering a diverse range of products, including groceries, beverages, snacks, household items, baby care products, pet food, and magazines. Snappy Shopper partners with local convenience stores, allowing customers to order items from their inventories and receive deliveries in as little as 30 minutes. The platform promotes contact-free and same-day delivery, which has helped it gain popularity among consumers, amassing over 105,000 users. Customers typically spend an average of £27 per order, significantly higher than the average spend in traditional convenience stores. The service collaborates with well-known brands such as SPAR, Nisa, Co-Op, and Premier, alongside hundreds of independent retailers, providing an additional sales channel for these businesses. Top-performing stores on the platform can achieve home delivery retail sales exceeding £10,000 per week.

ENOUGH

Series B in 2021
ENOUGH is a company that develops and commercializes patented technology for producing mycoprotein, a meat-free food product. Its innovative process integrates production within existing bio-refineries, creating a sustainable and efficient system that produces Food, Fuel, and Feed simultaneously.

Red61

Venture Round in 2021
Red61 Limited is a company that specializes in ticketing software, services, and consultancy aimed at festivals, events, venues, and ticket agencies operating in the United Kingdom, Australia, Ireland, and Abu Dhabi. Headquartered in Edinburgh, the company has developed a robust platform, including its flagship system, VIA, which facilitates high-volume ticket sales and allows for multi-venue ticketing management across various sales channels, such as online, mobile, in-person, and over the phone. Founded by Box Office Manager Tony Davey and software designer Peter McNaught out of a desire for a more effective and collaborative approach to ticketing solutions, Red61 focuses on building long-term relationships with clients, addressing frustrations prevalent in the ticketing market and aiming to simplify and organize the ticketing process for better event management.

ILC Therapeutics

Venture Round in 2021
ILC Therapeutics is a biotechnology company developing novel peptide therapeutics to modulate the innate immune system. Its focus includes treating cancer, atopic dermatitis, psoriasis, and more recently, COVID-19.

Invizius

Series A in 2021
Invizius is a medical technology company focused on improving outcomes in extracorporeal blood treatments. It develops H-Guard, a hemocompatible coating designed to prevent foreign body reactions in the blood at the point of contact with medical devices used in dialysis, cardiopulmonary bypass, and extracorporeal membrane oxygenation. By reducing inflammatory and thrombotic complications associated with long-term dialysis and other extracorporeal circuits, Invizius aims to lower cardiovascular risk and improve patient safety during kidney replacement therapies and related procedures. Based in Edinburgh, United Kingdom, the company was established in 2018 and pursues additional applications in inflammatory and kidney-related conditions through its technology platform.

ULEMCo

Venture Round in 2021
ULEMCo Limited is a company based in Liverpool, United Kingdom, that specializes in developing hydrogen hybrid combustion technology for commercial vehicles. Founded in 2014, ULEMCo focuses on retrofitting diesel transit vans to operate on hydrogen, effectively converting them to hydrogen dual-fuel systems. The company's innovations extend beyond standard vehicles, as it is also engaged in late-stage research and development of zero-emission hydrogen engines and fuel cell vehicles. This includes specialized applications for heavy-duty vehicles such as ambulances, fire engines, refuse trucks, tow-tugs, and road sweepers. ULEMCo's technology aims to reduce air pollution and promote cleaner transportation in the automobile industry.

Pneumagen

Venture Round in 2021
Founded in 2016 and spun out from the University of St Andrews, Pneumagen focuses on developing glycan-targeted carbohydrate-binding modules (CBMs) for treating respiratory tract infections and cancer.

Swipii

Seed Round in 2020
Swipii Labs Ltd., established in 2012 and headquartered in Glasgow, UK, operates a customer loyalty and marketing platform tailored for small businesses. The company offers tools to enhance online reviews, attract new customers, and track customer data. Its key services include digital loyalty programs, email marketing, and loyalty technology solutions, enabling customers to collect points and earn rewards. Swipii aims to empower local businesses with technology to compete on par with global brands, helping consumers discover local offers, save money, and share them with their community.

FreeFlow Technologies

Venture Round in 2020
FreeFlow Technologies Limited, founded in 2012 and headquartered in Glasgow, United Kingdom, specializes in the development of innovative e-bikes, notably the SALTIRE e-bicycle, which is recognized as the world’s lightest and most environmentally friendly model. The company has pioneered patented transmission system technology that enhances the riding experience while preserving the traditional feel of conventional bicycles. By integrating small design adjustments to the bike frame, FreeFlow Technologies offers versatile options for incorporating batteries, either as removable units or integrated into the frame, catering to various design preferences. This focus on user-centric design and sustainability positions FreeFlow Technologies as a notable player in the evolving e-bike market.

Red61

Seed Round in 2020
Red61 Limited is a company that specializes in ticketing software, services, and consultancy aimed at festivals, events, venues, and ticket agencies operating in the United Kingdom, Australia, Ireland, and Abu Dhabi. Headquartered in Edinburgh, the company has developed a robust platform, including its flagship system, VIA, which facilitates high-volume ticket sales and allows for multi-venue ticketing management across various sales channels, such as online, mobile, in-person, and over the phone. Founded by Box Office Manager Tony Davey and software designer Peter McNaught out of a desire for a more effective and collaborative approach to ticketing solutions, Red61 focuses on building long-term relationships with clients, addressing frustrations prevalent in the ticketing market and aiming to simplify and organize the ticketing process for better event management.

Mocean Energy

Seed Round in 2020
Mocean Energy develops technologies to harness wave power and accelerate the transition to a zero-carbon future. Based in Edinburgh, United Kingdom, the company designs an energy converter with a power take-off mechanism that converts wave kinetic energy into electricity, enabling reliable, affordable renewable power for subsea applications such as control systems, remotely operated vehicles, and autonomous underwater vehicles.

Aurum Biosciences

Funding Round in 2020
Aurum Biosciences develops innovative pharmaceuticals focused on acute medical conditions with high unmet needs. Its lead product, ABL101, is an oxygen carrier combined with proprietary MRI analysis software for treating acute ischemic stroke, currently in preclinical development.

Optoscribe

Debt Financing in 2020
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Particle Analytics

Debt Financing in 2020
Particle Analytics Ltd. is a software company based in Edinburgh, United Kingdom, specializing in technologies for the preparation, visualization, and analysis of discrete element method (DEM) simulation data related to particles and industrial bulk solids. Founded in 2015 as a spin-out from the University of Edinburgh, the company has rapidly established itself in the market by offering innovative post-processing and pre-processing solutions. Its software incorporates advanced techniques for analyzing simulation data, allowing users to create and modify geometries and meshes before simulations, as well as to project particle information for enhanced analysis. By delivering significant efficiencies and improvements in decision-making, Particle Analytics serves multinational organizations that deal with large volumes of particulate solids, positioning itself as a disruptive force in the industry.

Amiqus Resolution

Debt Financing in 2020
Amiqus Resolution Ltd., founded in 2008 and based in Edinburgh, United Kingdom, focuses on designing and developing software solutions that enhance the processes of anti-money laundering, identity verification, and compliance checks. Their offerings include identity and credit reports, photo ID verification, basic disclosures, and company lookups. Additionally, Amiqus provides customizable forms, document management, and work assignment features, all in a secure environment that supports user access levels, audit logs, and two-factor authentication. The company serves diverse sectors, including accountancy, legal, property, recruitment, finance, and public services. Amiqus also offers an online service aimed at resolving commercial disputes efficiently and affordably, facilitating access to justice through innovative dispute resolution solutions.

Speech Graphics

Debt Financing in 2020
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

Global Surface Intelligence

Debt Financing in 2020
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Vert Rotors

Debt Financing in 2020
Vert Rotors UK Limited, established in 2013 and located in Edinburgh, specializes in manufacturing ultra-compact, light, and low-vibration Conical Rotary Compressors (CRC) using proprietary technology. These compressors feature an inner screw rotor that revolves within an outer screw rotor, making them ideal for applications in refrigeration, industrial, vacuum, space, and compressed air sectors, as well as in heating, ventilation, and air conditioning markets. The company's products are particularly suited for situations where size and weight are critical, and where minimizing vibration and noise is essential.

pureLiFi

Debt Financing in 2020
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.

Sunamp

Series A in 2020
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.

Red61

Venture Round in 2020
Red61 Limited is a company that specializes in ticketing software, services, and consultancy aimed at festivals, events, venues, and ticket agencies operating in the United Kingdom, Australia, Ireland, and Abu Dhabi. Headquartered in Edinburgh, the company has developed a robust platform, including its flagship system, VIA, which facilitates high-volume ticket sales and allows for multi-venue ticketing management across various sales channels, such as online, mobile, in-person, and over the phone. Founded by Box Office Manager Tony Davey and software designer Peter McNaught out of a desire for a more effective and collaborative approach to ticketing solutions, Red61 focuses on building long-term relationships with clients, addressing frustrations prevalent in the ticketing market and aiming to simplify and organize the ticketing process for better event management.

Quorum Cyber Security

Seed Round in 2020
Founded in 2015, Quorum Cyber Security is a UK-based firm specializing in professional and managed security services. It offers a comprehensive suite of cybersecurity solutions including penetration testing, vulnerability management, security awareness training, and managed detection & response services.

Amiqus

Venture Round in 2020
Amiqus Limited is a recruitment agency founded in 2000 and headquartered in Warrington, United Kingdom. Originally established as Alexander Mann Technology (Northwest) Limited, the company changed its name in February 2003. As a subsidiary of Alexander Mann Associates Limited, Amiqus specializes in connecting clients and candidates, focusing on the needs of the gaming industry. The company aims to leverage its passion for the games sector alongside its recruitment expertise to effectively assist individuals in finding suitable employment opportunities. Amiqus has developed a distinct approach to recruitment, emphasizing relationship building and network creation to facilitate successful hiring outcomes.

Amiqus Resolution

Venture Round in 2020
Amiqus Resolution Ltd., founded in 2008 and based in Edinburgh, United Kingdom, focuses on designing and developing software solutions that enhance the processes of anti-money laundering, identity verification, and compliance checks. Their offerings include identity and credit reports, photo ID verification, basic disclosures, and company lookups. Additionally, Amiqus provides customizable forms, document management, and work assignment features, all in a secure environment that supports user access levels, audit logs, and two-factor authentication. The company serves diverse sectors, including accountancy, legal, property, recruitment, finance, and public services. Amiqus also offers an online service aimed at resolving commercial disputes efficiently and affordably, facilitating access to justice through innovative dispute resolution solutions.

Sunamp

Venture Round in 2020
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.

epipole

Venture Round in 2020
Epipole Ltd. is a UK-based company founded in 2011, specializing in the design and manufacture of advanced retinal imaging devices. The company is best known for its EpiCam product line, which includes several models tailored for different applications. The epiCam M is a handheld digital retinal fundus camera that allows real-time exploration of retinal vasculature, while the epiCam C provides enhanced color imaging beyond traditional desktop cameras. The epiCam V is specifically designed for veterinary use, offering high-quality fundus imaging for animals. Additionally, Epipole produces the Model Eye, an optical replica of the human eye used for training medical students in the use of ophthalmoscopes and fundus cameras. By focusing on image processing and medical imaging technologies, Epipole is disrupting the ophthalmic device space, facilitating early diagnosis and monitoring of retinal diseases such as diabetic retinopathy. The company distributes its products through various channels, including partnerships with distributors and online sales.

Trojan Energy

Seed Round in 2020
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.

Manus Neurodynamica

Venture Round in 2020
Founded in 2008, Manus Neurodynamica specializes in medical diagnostic technologies for neuromotor impairments. Its primary product is a non-invasive device designed to support early diagnostics and monitoring of Parkinson's disease, with applications in academic research, pharmaceutical studies, and non-medical uses.

Pneumagen

Venture Round in 2020
Founded in 2016 and spun out from the University of St Andrews, Pneumagen focuses on developing glycan-targeted carbohydrate-binding modules (CBMs) for treating respiratory tract infections and cancer.

Zumo

Seed Round in 2020
Zumo believes everyone should have access to sustainable finance, and that blockchain has the power to deliver this globally. Its mission is to provide a better planet for digital assets, delivering sustainable, accessible and secure ways to unlock the benefits of web3. As an enterprise-focused digital-asset-as-a-service platform, Zumo’s turnkey, API-based infrastructure offers a fast, flexible and compliance-sensitive route to market, empowering fintechs, banks, asset managers and brands to offer their clients the tools of the future simply, securely and sustainably while also opening up new revenue streams, attracting new customers and supporting customer retention. A values-driven business, Zumo has underlined its commitment to a fairer society and a sustainable planet with an ambitious 2030 net zero strategy encompassing its own business; the blockchains it works with; and the wider digital asset ecosystem. Carbon-neutral since inception, the business is committed to ongoing collaboration in the decarbonisation of the digital assets industry. Zumo was an early signatory of the Crypto Climate Accord, the first digital asset business to receive UK government funding from the UK’s national innovation agency, Innovate UK, to further its applied work on the decarbonisation of digital assets, and is now a key contributor to industry guidance on the energy consumption of blockchain, working in tandem with the World Economic Forum and the OECD. Zumo’s infrastructure also powers the direct-to-consumer Zumo App, launched in the UK and registered with the Financial Conduct Authority (FCA).

Mallzee

Venture Round in 2020
Mallzee is a UK-based personal shopping app that aggregates inventory from more than 200 online fashion stores and presents products through a swipe-driven mobile interface. The app enables users to browse and save garments from multiple retailers across the United Kingdom. Founded in 2011 and based in Edinburgh, Mallzee has grown into a major multi-retailer shopping platform in the UK, known for its swipe-based discovery and streamlined browsing. The platform uses user interactions to surface products and has opened its swipe data to partners to support marketing, merchandising and buying efforts.

My1Login

Venture Round in 2020
My1Login Limited is a prominent provider of cloud-based password management and identity access solutions, headquartered in Glasgow, United Kingdom, with additional offices in Palo Alto, California, and London. Established in 2007, the company focuses on addressing enterprise cybersecurity threats through its next-generation Identity and Access Management (IAM) platform. My1Login's solution enables organizations to manage user identities effectively, providing a single user identity for employees and enhancing productivity while mitigating security risks. It supports various identity standards, including SAML, SCIM, OAuth 2.0, and OpenID Connect, and uniquely integrates with applications lacking standard connectors, such as legacy systems. The platform addresses issues like identity sprawl, password fatigue, and compliance adherence, facilitating secure onboarding and offboarding processes. My1Login's service is designed for rapid deployment, even in complex enterprise environments, ensuring comprehensive control over user identity and access while delivering a measurable return on investment.

Amphista Therapeutics

Series A in 2020
Founded in 2017, Amphista Therapeutics is a biopharmaceutical company based in Motherwell, UK. It specializes in developing first-in-class cancer therapeutics using targeted protein degradation technology to selectively remove disease-causing proteins.

My1Login

Venture Round in 2020
My1Login Limited is a prominent provider of cloud-based password management and identity access solutions, headquartered in Glasgow, United Kingdom, with additional offices in Palo Alto, California, and London. Established in 2007, the company focuses on addressing enterprise cybersecurity threats through its next-generation Identity and Access Management (IAM) platform. My1Login's solution enables organizations to manage user identities effectively, providing a single user identity for employees and enhancing productivity while mitigating security risks. It supports various identity standards, including SAML, SCIM, OAuth 2.0, and OpenID Connect, and uniquely integrates with applications lacking standard connectors, such as legacy systems. The platform addresses issues like identity sprawl, password fatigue, and compliance adherence, facilitating secure onboarding and offboarding processes. My1Login's service is designed for rapid deployment, even in complex enterprise environments, ensuring comprehensive control over user identity and access while delivering a measurable return on investment.

Speech Graphics

Venture Round in 2020
Speech Graphics Ltd is a company based in Edinburgh, United Kingdom, specializing in procedural facial animation technology for the entertainment industry. Founded in 2010, the company emerged from the University of Edinburgh's School of Informatics and has leveraged over 20 years of research and development in speech technology and facial dynamics. Speech Graphics offers SGX, a production software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Their technology has been utilized in a variety of media, including AAA video games and music videos, and has applications in communication and training. The company has collaborated with prominent clients such as Warner Brothers and Def Jam Recordings and has received multiple awards for its innovative animation solutions, highlighting its impact on the industry.

QikServe

Venture Round in 2020
QikServe Limited is a digital commerce platform based in Edinburgh, United Kingdom, founded in 2011. The company offers a cloud-based service that facilitates ordering and payment for hotel and restaurant services through smartphones and other devices. Its platform effectively stores and processes orders, integrating seamlessly with the restaurant's point-of-sale (EPOS) systems. QikServe serves as a comprehensive solution for the hospitality industry, encompassing features such as content management, mobile ordering, and payment processing.
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