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 Western Europe
United Kingdom Testing and Certification
Grant in 2025
United Kingdom Testing and Certification provide solutions for end-to-end testing, inspection and full fire certification.
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.
Cytomos
Venture Round in 2024
Cytomos Limited is a biotechnology company based in Edinburgh, United Kingdom, that specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. Founded in 2011, the company utilizes its patented Dielectric Spectroscopy (CDS) technology to enable label-free cell analysis, providing detailed insights at single-cell resolution. This technology supports various applications in biopharma and cell therapy by facilitating automated, quantitative assessments of samples and enhancing phenotypic drug discovery. Cytomos’ system is designed to scale across all upstream production stages, leveraging machine learning algorithms to analyze extensive data from individual cells, thus improving the efficiency of cell-based diagnostics and enabling researchers to optimize therapeutic dosing.
Novosound
Venture Round in 2024
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Triyit
Venture Round in 2024
Triyit Ltd. is a UK-based company that specializes in test marketing services, enabling brands to gather valuable feedback on products from their target audiences prior to launch. Established in 2016 and located in Paisley, Triyit operates a product discovery club that offers consumers the opportunity to try a curated selection of new products at no cost. The platform not only facilitates in-home sampling but also provides detailed product descriptions and insights into lifestyle preferences. This approach allows consumers to discover products that suit their needs while assisting brands in analyzing and refining their marketing strategies for improved market reach and growth.
MiAlgae
Series A in 2024
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in producing microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on creating nutrient-rich microalgae, which are high in omega-3 fatty acids and proteins essential for aquaculture and other livestock. By utilizing wastewater remediation in their production process, MiAlgae implements a circular economy approach that lowers operating costs and enhances sustainability. Their innovative methodology not only provides a viable alternative to traditional fishmeal but also supports more sustainable practices in the livestock feed industry, which is valued at £340 billion globally.
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.
ILC Therapeutics
Venture Round in 2024
ILC Therapeutics Ltd is a biotechnology company based in Lanarkshire, United Kingdom, specializing in the modulation of the innate immune system through the development of novel peptide therapeutics. Founded in 2012 and formerly known as Alfacyte Limited, the company focuses on creating hybrid interferons, which are innovative medicines that combine features from various natural interferon subtypes. These hybrid molecules aim to enhance therapeutic efficacy and improve safety across several high-value areas, including cancer, atopic dermatitis, psoriasis, and COVID-19. By advancing this new class of therapeutics, ILC Therapeutics seeks to improve patient outcomes and contribute to the treatment of challenging diseases.
Chromacity
Seed Round in 2024
Chromacity Ltd. is a company based in Edinburgh, United Kingdom, that specializes in the development, manufacture, and distribution of wavelength tunable femtosecond lasers for various applications in life sciences and spectroscopy. The company's product lineup includes several advanced laser systems, such as the Spark 1030-nm and Spark-HP 1040-nm femtosecond lasers, which are designed for high performance and versatility. Additionally, Chromacity offers femtosecond optical parametric oscillators (OPOs), such as the Spark-OPO and Spark-ultra, which produce tunable femtosecond pulses across a broad range of wavelengths. The technology is built on robust, patent-pending fiber-laser innovations, providing reliable and user-friendly operation through an embedded web server. Chromacity also collaborates with systems manufacturers to supply custom OEM femtosecond and picosecond lasers tailored to specific engineering and materials processing needs. Founded in 2013 as a spin-out from Heriot-Watt University, the company leverages over 40 years of expertise in ultrafast lasers and serves clients in North America, the United Kingdom, the Middle East, and beyond.
Shot Scope
Series B in 2024
Shot Scope Technologies Ltd., established in 2014 and headquartered in Edinburgh, UK, specializes in golf performance tracking technology. The company's flagship product, Shot Scope, is a smart wristband that automatically records and analyzes key performance indicators during golf games. This data helps professional golfers identify areas for improvement, enabling them to make informed decisions on the course and tailor practice sessions effectively. The technology is currently in development, led by a team of engineers and golfers, with trials planned on UK golf courses and a general release scheduled for 2016.
University of Dundee Endowment
Grant in 2024
The University of Dundee is an esteemed educational institution located in Dundee, United Kingdom, recognized for its excellence in Biological Sciences, ranking among the best in the U.K. and internationally. The university manages an endowment fund, the earnings from which are directed towards supporting various academic initiatives, including scholarships, professorships, and fellowships. These funds also contribute to basic research and enhance both academic and public service programs. The endowment's assets are overseen by the university's executive management team, ensuring that the financial resources effectively support the institution's mission and strategic goals.
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.
ULEMCo
Venture Round in 2024
ULEMCo Limited is a company based in Liverpool, United Kingdom, that focuses on retrofitting hydrogen hybrid combustion technology for commercial vehicles. Established in 2014, ULEMCo specializes in converting diesel transit vans and other heavy-duty vehicles to operate on a hydrogen-diesel mix, thereby promoting a transition to cleaner fuel alternatives. The company also conducts research and development aimed at creating zero-emission hydrogen engines and fuel cell vehicles, which include specialized applications such as ambulances, fire engines, and refuse trucks. By advancing hydrogen technology, ULEMCo aims to support the automobile industry in reducing air pollution and enhancing environmental sustainability.
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 Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in researching, developing, and commercializing orally available products for fecal microbiota transplantation. The company creates microbiome-modulating drugs composed of bacterial communities derived from the human gastrointestinal tract, aimed at restoring health and preventing bacterial infections. EnteroBiotix focuses on addressing serious unmet medical needs by offering tailored high-diversity microbial therapeutics, which help physicians prevent and treat debilitating infections and diseases linked to imbalances in gut bacteria.
Kingdom Technologies
Grant in 2024
Kingdom Technologies Ltd. is a company based in Glasgow, United Kingdom, established in 2018. It specializes in the development and manufacturing of robotic lawn mowers designed specifically for large terrains. The innovative approach taken by Kingdom Technologies aims to enhance lawn care efficiency through automation, catering to a growing demand for advanced landscaping solutions.
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 Ltd is a pharmaceutical company based in Glasgow, United Kingdom, specializing in the development of innovative treatments for various clinical conditions with significant unmet medical needs. Founded in 2010, the company is focused on its lead product, ABL101, which is aimed at managing acute ischaemic stroke. This product incorporates a unique perfluorocarbon technology that carries oxygen to organs and tissues, independent of hemoglobin levels. Aurum also utilizes proprietary image analysis software in conjunction with magnetic resonance imaging to enhance the assessment of stroke patients. The company is in the final stages of preclinical development and plans to initiate clinical studies to evaluate the efficacy and safety of ABL101 soon. Additionally, Aurum is exploring follow-on programs targeting heart disease, cancer, epilepsy, and dementia, demonstrating its commitment to addressing diverse health challenges.
Trojan Energy
Venture Round in 2024
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.
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.
Mocean Energy
Venture Round in 2023
Mocean Energy, founded in 2015 and based in Edinburgh, United Kingdom, specializes in developing innovative technologies that harness wave energy to promote a transition to a zero-carbon future. The company focuses on an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter drives a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables customers to access reliable and affordable renewable energy to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles.
Trojan Energy
Grant in 2023
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.
Beta Bugs
Venture Round in 2023
Beta Bugs is an insect genetics company focused on developing high-performance breeds of Black Soldier Fly for insect farmers. The company's primary mission is to enhance the productivity of the insect protein sector, making it competitive with traditional feed ingredients such as fishmeal and soymeal. To achieve this, Beta Bugs operates a breeding program called HiPer-Fly® and runs an egg production site known as The Multiplier®, supplying its breeds to both UK and international markets. By leveraging biotechnology and breeding techniques, Beta Bugs aims to establish a sustainable protein source that converts food waste into high-quality protein for use in livestock, aquaculture, and pet feed, thereby providing an alternative to conventional feed sources. The company is headquartered at the Easter Bush Campus, collaborating with the Roslin Institute, a leader in animal genetics.
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.
Cytomos
Series A in 2023
Cytomos Limited is a biotechnology company based in Edinburgh, United Kingdom, that specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. Founded in 2011, the company utilizes its patented Dielectric Spectroscopy (CDS) technology to enable label-free cell analysis, providing detailed insights at single-cell resolution. This technology supports various applications in biopharma and cell therapy by facilitating automated, quantitative assessments of samples and enhancing phenotypic drug discovery. Cytomos’ system is designed to scale across all upstream production stages, leveraging machine learning algorithms to analyze extensive data from individual cells, thus improving the efficiency of cell-based diagnostics and enabling researchers to optimize therapeutic dosing.
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 suite of tools designed to support training companies, internal 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 bookings. These solutions enable users to define employee learning plans, manage course logistics, and track progress over time. Administrate's platform is designed to enhance operational efficiency and support data-driven decision-making, making it suitable for a variety of training environments, including executive education and vocational training, both in the United Kingdom and internationally.
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.
Carbogenics
Seed Round in 2023
Carbogenics Ltd is a company based in Edinburgh, United Kingdom, specializing in the development and production of sustainable fertilizers and bio-additives. Established in 2016, Carbogenics has created an innovative process that transforms disposable coffee cups and other non-recyclable paper waste into a carbon-rich material, known as CreChar. This product serves as a carbon additive that enhances biogas production in anaerobic digestion and improves plant growth, ultimately benefiting farmers by increasing crop yields and profitability. In addition to its product offerings, Carbogenics also provides consultancy and analytical services to operators in the anaerobic digestion and wastewater treatment sectors, addressing customer inquiries through various communication channels.
Pneumagen
Venture Round in 2023
Pneumagen Limited, established in 2015 and based in Saint Andrews, United Kingdom, is focused on developing glycan-targeted carbohydrate-binding modules (CBMs) aimed at treating respiratory tract infections and cancer. This innovative approach seeks to create a universal therapeutic modality that targets respiratory viruses, helping to prevent infections and reduce the need for hospitalization among patients with underlying respiratory conditions. As a spin-out from the University of St Andrews, Pneumagen benefits from access to advanced scientific expertise in glycobiology, positioning itself at the forefront of novel treatment options for these significant health challenges.
Manus Neurodynamica
Venture Round in 2023
Manus Neurodynamica Ltd specializes in manufacturing medical diagnostic technologies aimed at identifying and monitoring neuromotor impairments, particularly focusing on Parkinson's disease. Founded in 2008 and based in North Shields, United Kingdom, the company has developed a triage device that supports early diagnostics for this condition. Its innovative technology integrates analytical software to assess a patient's movement parameters by examining subtle limb and hand motions. This capability allows clinicians to quantify fine motor skills and motion features, enhancing the diagnosis and ongoing monitoring of Parkinson's disease. Manus Neurodynamica's solutions are utilized across various sectors, including academic and pharmaceutical research, as well as non-medical applications, contributing to improved efficiency and reduced costs in specialist neuromotor services.
Merck
Grant in 2023
Merck, established in 1668, is a global science and technology company operating in three main segments: Life Science, Performance Materials, and Healthcare. The Life Science division (44% of 2023 sales) supplies laboratory consumables and services to researchers, while the Healthcare segment (38%) focuses on developing, manufacturing, and selling branded pharmaceuticals, with key therapeutic areas in oncology, multiple sclerosis, and fertility. The Electronics segment (17%) provides specialty materials for various industries, including semiconductors, electronics, and cosmetics. Merck's extensive global presence spans over 100 countries, with significant operations in Europe, Asia, and emerging markets. The company is committed to partnerships, innovation, and improving lives through its products and solutions.
Causeway Therapeutics
Venture Round in 2023
Causeway Therapeutics Ltd is a clinical-stage biopharmaceutical company based in Glasgow, United Kingdom, focused on developing innovative microRNA therapies for musculoskeletal health. Founded in 2015, the company specializes in treating tendon injuries and disorders in both humans and horses. Its primary products include EquiMiR, designed to treat equine tendinopathy by mimicking natural microRNA with enhanced pharmacological properties, and TenoMiR, which aims to restore key microRNA levels to enhance tendon strength and aid recovery. By targeting the molecular mechanisms that lead to tendinopathy, Causeway Therapeutics seeks to provide effective solutions for managing pain and promoting healing in damaged tendons.
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 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.
Novosound
Venture Round in 2022
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Snappy Shopper
Venture Round in 2022
Snappy Shopper LTD is an online food and grocery store based in Dundee, United Kingdom, founded in 2017. The company specializes in delivering a wide range of products, including groceries, beverages, snacks, household goods, and personal care items, directly from local convenience stores to customers' doors, often within 30 minutes. By partnering with well-known brands like SPAR, Nisa, Co-Op, and Premier, as well as numerous independent retailers, Snappy Shopper has created an efficient platform that enhances the shopping experience and provides an additional sales avenue for these stores. With over 105,000 users, customers typically spend an average of £27, significantly surpassing the typical spending in convenience stores. Top-performing partner stores report home delivery retail sales exceeding £10,000 per week, highlighting the effectiveness of Snappy Shopper's service in meeting consumer demand for quick and convenient grocery delivery.
Shot Scope
Series A in 2022
Shot Scope Technologies Ltd., established in 2014 and headquartered in Edinburgh, UK, specializes in golf performance tracking technology. The company's flagship product, Shot Scope, is a smart wristband that automatically records and analyzes key performance indicators during golf games. This data helps professional golfers identify areas for improvement, enabling them to make informed decisions on the course and tailor practice sessions effectively. The technology is currently in development, led by a team of engineers and golfers, with trials planned on UK golf courses and a general release scheduled for 2016.
Adarma
Grant in 2022
Adarma Ltd is a cybersecurity firm based in Edinburgh, United Kingdom, that specializes in providing comprehensive IT security services. Founded in 2008 and previously known as ECS Security Ltd, the company offers a range of solutions focused on threat management, including the design, construction, and operation of security operations centers (SOC). Adarma's services are tailored to enhance clients' cybersecurity capabilities, addressing vulnerabilities and establishing proactive measures against evolving threats. The firm also provides managed SOC environments, vulnerability management, monitoring, and analytics, all aimed at helping organizations effectively defend against cyberattacks and reduce business risk associated with digitalization.
MiAlgae
Series A in 2022
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in producing microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on creating nutrient-rich microalgae, which are high in omega-3 fatty acids and proteins essential for aquaculture and other livestock. By utilizing wastewater remediation in their production process, MiAlgae implements a circular economy approach that lowers operating costs and enhances sustainability. Their innovative methodology not only provides a viable alternative to traditional fishmeal but also supports more sustainable practices in the livestock feed industry, which is valued at £340 billion globally.
Cytomos
Seed Round in 2022
Cytomos Limited is a biotechnology company based in Edinburgh, United Kingdom, that specializes in developing advanced cell sorting devices for laboratory research and clinical diagnostics. Founded in 2011, the company utilizes its patented Dielectric Spectroscopy (CDS) technology to enable label-free cell analysis, providing detailed insights at single-cell resolution. This technology supports various applications in biopharma and cell therapy by facilitating automated, quantitative assessments of samples and enhancing phenotypic drug discovery. Cytomos’ system is designed to scale across all upstream production stages, leveraging machine learning algorithms to analyze extensive data from individual cells, thus improving the efficiency of cell-based diagnostics and enabling researchers to optimize therapeutic dosing.
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.
Elasmogen
Venture Round in 2022
Elasmogen Ltd is a biopharmaceutical company based in Aberdeen, United Kingdom, focused on developing innovative therapies for inflammatory eye diseases and other autoimmune conditions. The company specializes in soloMERs, which are small, stable proteins derived from variable new-antigen receptors (VNARs) found in sharks. These next-generation therapeutics are unique due to their evolutionary lineage, allowing them to bypass the complex patent landscape associated with traditional antibodies. Elasmogen's pipeline includes programs aimed at autoimmune-mediated inflammation, as well as soloMER-drug conjugates designed for enhanced therapeutic delivery. Additionally, the company has developed NDure, a humanized clinical candidate that extends the plasma half-life of fused partner molecules. Elasmogen holds a strong intellectual property position with over 20 granted patents in various regions, supported by strategic partnerships with Almac Discovery Ltd and Merck Inc. Founded in 2014, the company is dedicated to advancing the treatment options available for patients suffering from sight-threatening and inflammatory diseases.
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 based in Glasgow, United Kingdom, established in 2018. It specializes in the development and manufacturing of robotic lawn mowers designed specifically for large terrains. The innovative approach taken by Kingdom Technologies aims to enhance lawn care efficiency through automation, catering to a growing demand for advanced landscaping solutions.
WellFish Diagnostics
Seed Round in 2022
WellFish Tech is an aquaculture company headquartered in Bridge of Weir, United Kingdom, focused on enhancing fish health monitoring through rapid and non-lethal blood analysis. Founded in 2021 by Brian Quinn, the company aims to improve the sustainability and productivity of the aquaculture industry. WellFish Tech provides health monitoring services that assess fish stock in marine net pens, including smoltification, toxicity assessment, and aquafeed optimization. Their dynamic diagnostic platform is designed to adapt to the evolving needs of the growing aquaculture sector, enabling industrialists to reduce costs, increase productivity, and ultimately enhance profitability.
Mocean Energy
Seed Round in 2022
Mocean Energy, founded in 2015 and based in Edinburgh, United Kingdom, specializes in developing innovative technologies that harness wave energy to promote a transition to a zero-carbon future. The company focuses on an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter drives a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables customers to access reliable and affordable renewable energy to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles.
Speech Graphics
Series A in 2022
Speech Graphics Ltd, founded in 2010 and based in Edinburgh, United Kingdom, specializes in procedural facial animation solutions for the entertainment industry. The company offers SGX, a software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Its technology has been utilized in various productions, including AAA video games and music videos, and serves applications in communication and training. The firm emerged from the University of Edinburgh's School of Informatics and has collaborated with notable clients such as Warner Brothers and Def Jam Recordings. Speech Graphics has garnered several awards for its innovative technology, including the John Logie Baird Award, and has received development grants from organizations like Scottish Enterprise.
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 patient feedback on medications. Its primary offering, the Medsmart application, collects insights on how and why patients take their medications. The company utilizes advanced artificial intelligence and natural language processing to analyze unstructured social feedback, providing pharmaceutical companies with deep insights into patient experiences. Through its PatientMetRx® platform, Talking Medicines enables clients to make data-driven marketing decisions by delivering comprehensive patient insights that enhance advertising effectiveness and improve health outcomes. Additionally, the company offers various services, including real-world persona data reports, digital focus group solutions, and custom analytics tailored to specific medicines. Founded in 2013 and rebranded from Virtual Genie Limited in 2015, Talking Medicines serves the pharmaceutical and healthcare sectors, aiming to revolutionize the industry by providing unprecedented access to patient voices.
epipole
Venture Round in 2022
Epipole Ltd. is a UK-based company specializing in the design and manufacture of advanced retinal video cameras, known as the EpiCam series. Founded in 2011 and headquartered in Rosyth, the company aims to enhance the early diagnosis and monitoring of retinal diseases, particularly diabetic retinopathy. The EpiCam family includes the EpiCam M, a hand-held digital retinal camera that allows real-time exploration of retinal vasculature; the EpiCam C, which provides an expanded field of view; and the EpiCam V, designed specifically for veterinary use. Additionally, Epipole offers the Model Eye, an optical replica of the human eye for training purposes. Through a network of distributors and online platforms, Epipole aims to revolutionize ophthalmic practice by introducing innovative imaging solutions that improve clinical understanding and patient outcomes.
Pneumagen
Venture Round in 2022
Pneumagen Limited, established in 2015 and based in Saint Andrews, United Kingdom, is focused on developing glycan-targeted carbohydrate-binding modules (CBMs) aimed at treating respiratory tract infections and cancer. This innovative approach seeks to create a universal therapeutic modality that targets respiratory viruses, helping to prevent infections and reduce the need for hospitalization among patients with underlying respiratory conditions. As a spin-out from the University of St Andrews, Pneumagen benefits from access to advanced scientific expertise in glycobiology, positioning itself at the forefront of novel treatment options for these significant health challenges.
Trojan Energy
Venture Round in 2022
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.
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 Limited is a biotechnology company based in Edinburgh, United Kingdom, founded in 2017. It specializes in researching, developing, and commercializing orally available products for fecal microbiota transplantation. The company creates microbiome-modulating drugs composed of bacterial communities derived from the human gastrointestinal tract, aimed at restoring health and preventing bacterial infections. EnteroBiotix focuses on addressing serious unmet medical needs by offering tailored high-diversity microbial therapeutics, which help physicians prevent and treat debilitating infections and diseases linked to imbalances in gut bacteria.
Trojan Energy
Series A in 2021
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.
SnapDragon Monitoring
Venture Round in 2021
SnapDragon Monitoring Limited is a company based in Edinburgh, United Kingdom, that specializes in brand protection software solutions. Established in 2014, it offers both managed and self-service options to help businesses safeguard their brand reputations. One of its key products is Swoop, a software designed specifically for brand protection. By focusing on small and medium-sized enterprises, SnapDragon Monitoring aims to create a safer marketplace for consumers while supporting the growth of businesses.
Chromacity
Venture Round in 2021
Chromacity Ltd. is a company based in Edinburgh, United Kingdom, that specializes in the development, manufacture, and distribution of wavelength tunable femtosecond lasers for various applications in life sciences and spectroscopy. The company's product lineup includes several advanced laser systems, such as the Spark 1030-nm and Spark-HP 1040-nm femtosecond lasers, which are designed for high performance and versatility. Additionally, Chromacity offers femtosecond optical parametric oscillators (OPOs), such as the Spark-OPO and Spark-ultra, which produce tunable femtosecond pulses across a broad range of wavelengths. The technology is built on robust, patent-pending fiber-laser innovations, providing reliable and user-friendly operation through an embedded web server. Chromacity also collaborates with systems manufacturers to supply custom OEM femtosecond and picosecond lasers tailored to specific engineering and materials processing needs. Founded in 2013 as a spin-out from Heriot-Watt University, the company leverages over 40 years of expertise in ultrafast lasers and serves clients in North America, the United Kingdom, the Middle East, and beyond.
Snappy Shopper
Series A in 2021
Snappy Shopper LTD is an online food and grocery store based in Dundee, United Kingdom, founded in 2017. The company specializes in delivering a wide range of products, including groceries, beverages, snacks, household goods, and personal care items, directly from local convenience stores to customers' doors, often within 30 minutes. By partnering with well-known brands like SPAR, Nisa, Co-Op, and Premier, as well as numerous independent retailers, Snappy Shopper has created an efficient platform that enhances the shopping experience and provides an additional sales avenue for these stores. With over 105,000 users, customers typically spend an average of £27, significantly surpassing the typical spending in convenience stores. Top-performing partner stores report home delivery retail sales exceeding £10,000 per week, highlighting the effectiveness of Snappy Shopper's service in meeting consumer demand for quick and convenient grocery delivery.
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.
ILC Therapeutics
Venture Round in 2021
ILC Therapeutics Ltd is a biotechnology company based in Lanarkshire, United Kingdom, specializing in the modulation of the innate immune system through the development of novel peptide therapeutics. Founded in 2012 and formerly known as Alfacyte Limited, the company focuses on creating hybrid interferons, which are innovative medicines that combine features from various natural interferon subtypes. These hybrid molecules aim to enhance therapeutic efficacy and improve safety across several high-value areas, including cancer, atopic dermatitis, psoriasis, and COVID-19. By advancing this new class of therapeutics, ILC Therapeutics seeks to improve patient outcomes and contribute to the treatment of challenging diseases.
ULEMCo
Venture Round in 2021
ULEMCo Limited is a company based in Liverpool, United Kingdom, that focuses on retrofitting hydrogen hybrid combustion technology for commercial vehicles. Established in 2014, ULEMCo specializes in converting diesel transit vans and other heavy-duty vehicles to operate on a hydrogen-diesel mix, thereby promoting a transition to cleaner fuel alternatives. The company also conducts research and development aimed at creating zero-emission hydrogen engines and fuel cell vehicles, which include specialized applications such as ambulances, fire engines, and refuse trucks. By advancing hydrogen technology, ULEMCo aims to support the automobile industry in reducing air pollution and enhancing environmental sustainability.
Pneumagen
Venture Round in 2021
Pneumagen Limited, established in 2015 and based in Saint Andrews, United Kingdom, is focused on developing glycan-targeted carbohydrate-binding modules (CBMs) aimed at treating respiratory tract infections and cancer. This innovative approach seeks to create a universal therapeutic modality that targets respiratory viruses, helping to prevent infections and reduce the need for hospitalization among patients with underlying respiratory conditions. As a spin-out from the University of St Andrews, Pneumagen benefits from access to advanced scientific expertise in glycobiology, positioning itself at the forefront of novel treatment options for these significant health challenges.
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 based in Glasgow, United Kingdom, specializes in the development of e-bikes and innovative transmission system technology. The company has created the SALTIRE e-bicycle, recognized as the world's lightest and most environmentally friendly electric bike, which is over 30% lighter than existing models. FreeFlow Technologies holds a patented technology that enhances the electrical bike market, focusing on improving the rider experience while preserving the traditional feel of cycling. Their designs incorporate subtle adjustments to the bike frame, allowing for versatile options for battery placement, whether removable or integrated within the frame, catering to a wide range of bike styles.
Mocean Energy
Seed Round in 2020
Mocean Energy, founded in 2015 and based in Edinburgh, United Kingdom, specializes in developing innovative technologies that harness wave energy to promote a transition to a zero-carbon future. The company focuses on an energy converter that enhances the generation and utilization of electricity from renewable sources. This converter drives a power take-off mechanism that transforms kinetic energy from ocean waves into electricity. As a result, Mocean Energy enables customers to access reliable and affordable renewable energy to power various subsea applications, including control systems, remotely operated vehicles, and autonomous underwater vehicles.
Aurum Biosciences
Funding Round in 2020
Aurum Biosciences Ltd is a pharmaceutical company based in Glasgow, United Kingdom, specializing in the development of innovative treatments for various clinical conditions with significant unmet medical needs. Founded in 2010, the company is focused on its lead product, ABL101, which is aimed at managing acute ischaemic stroke. This product incorporates a unique perfluorocarbon technology that carries oxygen to organs and tissues, independent of hemoglobin levels. Aurum also utilizes proprietary image analysis software in conjunction with magnetic resonance imaging to enhance the assessment of stroke patients. The company is in the final stages of preclinical development and plans to initiate clinical studies to evaluate the efficacy and safety of ABL101 soon. Additionally, Aurum is exploring follow-on programs targeting heart disease, cancer, epilepsy, and dementia, demonstrating its commitment to addressing diverse health challenges.
Particle Analytics
Debt Financing in 2020
Particle Analytics Ltd. is a software company based in Edinburgh, United Kingdom, specializing in the development of technology for the preparation, visualization, and analysis of discrete element method (DEM) simulation data related to particles and industrial bulk solids. Founded in March 2015 as a spin-out from the University of Edinburgh, the company offers innovative post-processing and pre-processing solutions that enhance the analysis of simulation results and facilitate the creation and modification of geometries and meshes prior to simulation. By utilizing Particle Analytics' software, multinational organizations can achieve significant efficiencies and improvements in handling large volumes of particulate solids, leading to better decision-making and reduced operational costs. The company's technology is designed to provide an intuitive graphical interface, advancing the capabilities of current solutions in the industry.
Amiqus Resolution
Debt Financing in 2020
Amiqus Resolution Ltd. specializes in designing and developing software solutions aimed at enhancing anti-money laundering, identity verification, and compliance checks. The company's offerings include identity reports, credit reports, photo ID verification, basic disclosures, and company lookups, along with features for custom forms, work assignment, and document management. Amiqus Resolution prioritizes security and compliance, implementing user access levels, audit logs, and two-factor authentication. Founded in 2008 and based in Edinburgh, United Kingdom, the company also provides an online service that facilitates the resolution of commercial disputes efficiently and affordably, helping to improve access to justice through the use of open data and streamlined online processes. Its services cater to various sectors, including accountancy, legal, property, recruitment, financial, and public domains.
Speech Graphics
Debt Financing in 2020
Speech Graphics Ltd, founded in 2010 and based in Edinburgh, United Kingdom, specializes in procedural facial animation solutions for the entertainment industry. The company offers SGX, a software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Its technology has been utilized in various productions, including AAA video games and music videos, and serves applications in communication and training. The firm emerged from the University of Edinburgh's School of Informatics and has collaborated with notable clients such as Warner Brothers and Def Jam Recordings. Speech Graphics has garnered several awards for its innovative technology, including the John Logie Baird Award, and has received development grants from organizations like Scottish Enterprise.
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, specializing in Li-Fi, a visible light communications technology that utilizes the visible light spectrum for wireless data transmission. Founded in 2012, pureLiFi develops various products, including the Li-1st platform for testing VLC applications and Li-Flame solutions that enhance network security by preventing external intrusions. The company also offers the Li-Fire Platform, along with ceiling and desktop units, and LiFi-XC devices that provide secure wireless communications compatible with multiple operating systems. Its innovative technology addresses the challenges of diminishing wireless capacity, serving applications across diverse sectors such as healthcare, aviation, and transportation. By converting light into electrical signals, pureLiFi enables high-density data transmission, presenting a viable alternative to traditional Wi-Fi.
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.
Quorum Cyber Security
Seed Round in 2020
Quorum Cyber Security Limited is a cybersecurity firm based in Edinburgh, United Kingdom, founded in 2015. The company specializes in providing a comprehensive range of professional and managed security services designed to protect organizations from cyber threats. Its offerings include penetration testing, vulnerability management, cyber health checks, source code and DevOps security, compromise assessments, forensics, security awareness training, and regulatory compliance. Additionally, Quorum Cyber provides managed detection and response services, risk assessment, cloud advisory services, and phishing protection to help clients effectively manage their cyber risk exposure. Through its expertise and advanced technology, the company aims to enhance clients' resilience to cyber incidents and ensure measurable returns on their security investments.
Amiqus Resolution
Venture Round in 2020
Amiqus Resolution Ltd. specializes in designing and developing software solutions aimed at enhancing anti-money laundering, identity verification, and compliance checks. The company's offerings include identity reports, credit reports, photo ID verification, basic disclosures, and company lookups, along with features for custom forms, work assignment, and document management. Amiqus Resolution prioritizes security and compliance, implementing user access levels, audit logs, and two-factor authentication. Founded in 2008 and based in Edinburgh, United Kingdom, the company also provides an online service that facilitates the resolution of commercial disputes efficiently and affordably, helping to improve access to justice through the use of open data and streamlined online processes. Its services cater to various sectors, including accountancy, legal, property, recruitment, financial, and public domains.
Amiqus
Venture Round in 2020
Amiqus Limited is a recruitment agency based in Warrington, United Kingdom, that specializes in connecting clients with candidates in the games industry. Founded in 2000, the company initially operated as Alexander Mann Technology (Northwest) Limited before rebranding in 2003. Amiqus aims to leverage its passion for the gaming sector along with its recruitment expertise to assist individuals in finding suitable job opportunities. The agency focuses on building relationships and creating networks within the industry to deliver tailored hiring services that meet the specific needs of its clients. As a subsidiary of Alexander Mann Associates Limited, Amiqus continues to enhance its unique approach to recruitment, focusing on delivering effective solutions in a dynamic market.
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.
epipole
Venture Round in 2020
Epipole Ltd. is a UK-based company specializing in the design and manufacture of advanced retinal video cameras, known as the EpiCam series. Founded in 2011 and headquartered in Rosyth, the company aims to enhance the early diagnosis and monitoring of retinal diseases, particularly diabetic retinopathy. The EpiCam family includes the EpiCam M, a hand-held digital retinal camera that allows real-time exploration of retinal vasculature; the EpiCam C, which provides an expanded field of view; and the EpiCam V, designed specifically for veterinary use. Additionally, Epipole offers the Model Eye, an optical replica of the human eye for training purposes. Through a network of distributors and online platforms, Epipole aims to revolutionize ophthalmic practice by introducing innovative imaging solutions that improve clinical understanding and patient outcomes.
Trojan Energy
Seed Round in 2020
Trojan Energy Limited, established in 2016 and headquartered in Stonehaven, United Kingdom, specializes in providing innovative charging infrastructure solutions for electric vehicles. The company focuses on the development of on-street flat and flush charging points, addressing the challenges faced by vehicle owners who lack access to off-street parking. This system allows drivers to park their vehicles in available street spaces and utilize an on-street charging lance, thereby enhancing the convenience and practicality of electric vehicle usage. Trojan Energy aims to support the widespread adoption of electric vehicles by ensuring that charging options are accessible to all, regardless of their parking situation.
Manus Neurodynamica
Venture Round in 2020
Manus Neurodynamica Ltd specializes in manufacturing medical diagnostic technologies aimed at identifying and monitoring neuromotor impairments, particularly focusing on Parkinson's disease. Founded in 2008 and based in North Shields, United Kingdom, the company has developed a triage device that supports early diagnostics for this condition. Its innovative technology integrates analytical software to assess a patient's movement parameters by examining subtle limb and hand motions. This capability allows clinicians to quantify fine motor skills and motion features, enhancing the diagnosis and ongoing monitoring of Parkinson's disease. Manus Neurodynamica's solutions are utilized across various sectors, including academic and pharmaceutical research, as well as non-medical applications, contributing to improved efficiency and reduced costs in specialist neuromotor services.
Pneumagen
Venture Round in 2020
Pneumagen Limited, established in 2015 and based in Saint Andrews, United Kingdom, is focused on developing glycan-targeted carbohydrate-binding modules (CBMs) aimed at treating respiratory tract infections and cancer. This innovative approach seeks to create a universal therapeutic modality that targets respiratory viruses, helping to prevent infections and reduce the need for hospitalization among patients with underlying respiratory conditions. As a spin-out from the University of St Andrews, Pneumagen benefits from access to advanced scientific expertise in glycobiology, positioning itself at the forefront of novel treatment options for these significant health challenges.
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 Ltd, established in 2011 and headquartered in Edinburgh, operates a unique online shopping platform in the UK. Its mobile application aggregates inventory from over 200 retailers, allowing users to swiftly browse and purchase clothing items. With a user base nearing 1 million, Mallzee's distinctive 'swipe' feature facilitates quick product selection, with tens of millions of products browsed monthly. The company leverages user data to enhance its services and offers this insight to retail partners to improve their marketing, merchandising, and buying strategies, while increasing brand visibility.
My1Login
Venture Round in 2020
My1Login offers a cloud-based password management and identity access management solution aimed at enhancing cybersecurity for enterprises. Founded in 2007 and headquartered in Glasgow, with additional offices in Palo Alto and London, the company provides a secure vault for storing passwords, online bookmarks, and other personal information like bank details and emergency contacts. My1Login's platform addresses common challenges such as identity sprawl, password fatigue, and compliance issues by providing a single user identity for employees. This next-generation solution integrates with various identity standards, including SAML and OAuth 2.0, and can connect with legacy systems lacking existing connectors. By enabling control over user identity and access across cloud, mobile, and desktop environments, My1Login helps organizations improve productivity while mitigating security threats and achieving compliance.
Amphista Therapeutics
Series A in 2020
Amphista Therapeutics Limited is a biopharmaceutical company based in Motherwell, United Kingdom, established in 2017. The company specializes in targeted protein degradation technology to develop innovative cancer therapeutics. Amphista's approach focuses on harnessing the body's natural processes to selectively and efficiently degrade disease-causing proteins, aiming to create first-in-class treatments. By advancing novel methodologies in targeted protein degradation, Amphista seeks to improve therapeutic efficacy and modulate protein abundance linked to disease progression, ultimately enhancing patient outcomes in oncology.
My1Login
Venture Round in 2020
My1Login offers a cloud-based password management and identity access management solution aimed at enhancing cybersecurity for enterprises. Founded in 2007 and headquartered in Glasgow, with additional offices in Palo Alto and London, the company provides a secure vault for storing passwords, online bookmarks, and other personal information like bank details and emergency contacts. My1Login's platform addresses common challenges such as identity sprawl, password fatigue, and compliance issues by providing a single user identity for employees. This next-generation solution integrates with various identity standards, including SAML and OAuth 2.0, and can connect with legacy systems lacking existing connectors. By enabling control over user identity and access across cloud, mobile, and desktop environments, My1Login helps organizations improve productivity while mitigating security threats and achieving compliance.
Speech Graphics
Venture Round in 2020
Speech Graphics Ltd, founded in 2010 and based in Edinburgh, United Kingdom, specializes in procedural facial animation solutions for the entertainment industry. The company offers SGX, a software that transforms audio files and transcripts into high-quality facial animations without the need for motion capture. Its technology has been utilized in various productions, including AAA video games and music videos, and serves applications in communication and training. The firm emerged from the University of Edinburgh's School of Informatics and has collaborated with notable clients such as Warner Brothers and Def Jam Recordings. Speech Graphics has garnered several awards for its innovative technology, including the John Logie Baird Award, and has received development grants from organizations like Scottish Enterprise.
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.
Vert Rotors
Venture Round 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.
SHE Software
Grant in 2020
SHE Software Ltd. specializes in developing health and safety software solutions aimed at minimizing workplace risks. Its flagship product, Assure, facilitates various functions such as conducting risk assessments, reporting and investigating incidents, managing training records and assets, regulating contractors, and performing audits. The company also offers several software modules covering risk assessment, incident management, health and safety auditing, and environmental assessment, among others. SHE Software provides its solutions through various platforms, including Windows desktop, web server, cloud hosting, and mobile applications. The company serves a diverse range of industries, including manufacturing, healthcare, construction, and logistics, operating across regions such as EMEA, North America, and Australia/New Zealand. Established in 1993 and based in East Kilbride, United Kingdom, SHE Software Ltd. was formerly known as Lexware International Ltd. and rebranded in 2006.
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.
MiAlgae
Seed Round in 2020
MiAlgae Ltd, founded in 2016 and based in Edinburgh, United Kingdom, specializes in producing microalgal products aimed at replacing fishmeal in livestock feeds. The company focuses on creating nutrient-rich microalgae, which are high in omega-3 fatty acids and proteins essential for aquaculture and other livestock. By utilizing wastewater remediation in their production process, MiAlgae implements a circular economy approach that lowers operating costs and enhances sustainability. Their innovative methodology not only provides a viable alternative to traditional fishmeal but also supports more sustainable practices in the livestock feed industry, which is valued at £340 billion globally.
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.
QikServe
Venture Round in 2019
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.
Swipii
Venture Round in 2019
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.
Novosound
Venture Round in 2019
Novosound Ltd is a company based in Edinburgh, United Kingdom, that specializes in manufacturing printable ultrasound sensors for various sectors, including aerospace, oil and gas, industrial, medical, veterinary, and dental applications. Founded in 2016, it emerged as the first spin-out from the University of the West of Scotland. Novosound employs innovative thin-film manufacturing techniques to overcome the limitations of traditional ultrasound technology, allowing for the development of highly customizable and scalable ultrasound solutions. The company's offerings include sensors, systems, and software designed to facilitate high-resolution imaging and measurement, particularly in non-destructive testing and medical fields.
Particle Analytics
Venture Round in 2019
Particle Analytics Ltd. is a software company based in Edinburgh, United Kingdom, specializing in the development of technology for the preparation, visualization, and analysis of discrete element method (DEM) simulation data related to particles and industrial bulk solids. Founded in March 2015 as a spin-out from the University of Edinburgh, the company offers innovative post-processing and pre-processing solutions that enhance the analysis of simulation results and facilitate the creation and modification of geometries and meshes prior to simulation. By utilizing Particle Analytics' software, multinational organizations can achieve significant efficiencies and improvements in handling large volumes of particulate solids, leading to better decision-making and reduced operational costs. The company's technology is designed to provide an intuitive graphical interface, advancing the capabilities of current solutions in the industry.
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