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

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

Susan Armes

Senior Investment Manager

Past deals in Industrial Engineering

ilosta

Venture Round in 2024
Ilosta specializes in developing novel technology to reduce the cost, time, and dangers associated with monitoring the health of engineering structures and extending their lifespan without requiring human intervention.

GM Flow

Private Equity Round in 2020
GM Flow specializes in providing flow measurement services and products tailored for the oil and gas industry. The company develops advanced gas flow measurement equipment that includes features such as data logging capabilities, battery power, and wireless options. These innovations allow operators to accurately monitor flow and pressure rates, even in challenging oilfield environments. By focusing on precision and reliability, GM Flow aims to enhance the efficiency and safety of energy measurement processes within the sector.

EDEM Simulation

Venture Round in 2007
EDEM Simulation develops and markets advanced discrete element method (DEM) simulation software, which serves as a crucial tool for simulation-based engineering in industries that handle bulk particles, such as powders, granules, and aggregates. Founded in 2003 and headquartered in Edinburgh, UK, EDEM provides solutions that enhance the design and operation of equipment used in sectors including mining, construction, food processing, and pharmaceuticals. Its flagship EDEM Simulation Software and EDEM BulkSim software offer significant engineering benefits, allowing clients to optimize equipment performance, increase productivity, and reduce design and operational costs. EDEM serves a global clientele, including blue-chip companies, and operates offices in the United States, Japan, and China, while also collaborating with a network of engineering service partners to support the deployment of its simulation technology.

EDEM Simulation

Venture Round in 2005
EDEM Simulation develops and markets advanced discrete element method (DEM) simulation software, which serves as a crucial tool for simulation-based engineering in industries that handle bulk particles, such as powders, granules, and aggregates. Founded in 2003 and headquartered in Edinburgh, UK, EDEM provides solutions that enhance the design and operation of equipment used in sectors including mining, construction, food processing, and pharmaceuticals. Its flagship EDEM Simulation Software and EDEM BulkSim software offer significant engineering benefits, allowing clients to optimize equipment performance, increase productivity, and reduce design and operational costs. EDEM serves a global clientele, including blue-chip companies, and operates offices in the United States, Japan, and China, while also collaborating with a network of engineering service partners to support the deployment of its simulation technology.

T12 Engineering

T12 Engineering offers engineering services and technical projects across the energy and industrial sectors.
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