Scottish Enterprise

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.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Victoria Carmichael

Commercial Director

Mark Hallan

Global Director, Strategic Relationships

Linda Hanna

Managing Director

Jane Martin

Managing Director Of Business Services

Jim McFarlane

Managing Director of Operations

Kerry Sharp

Director of Entrepreneurship and Investment

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

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.

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.

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.

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 enable operators to accurately measure flow and pressure rates in challenging oilfield environments, ensuring safety and precision in their operations. GM Flow's commitment to enhancing energy measurement services positions it as a key player in supporting the efficiency and reliability of oil and gas operations.

EDEM Simulation

Venture Round in 2007
EDEM develops and markets discrete element method (DEM) simulation software, which serves as a critical tool for simulation-based engineering in industries that handle bulk materials, including powders, granules, and aggregates. Its software is utilized across numerous sectors such as pharmaceuticals, food processing, mining, and construction, allowing companies to optimize equipment design and performance, reduce operational costs, and accelerate product development. Founded in 2003 and headquartered in Edinburgh, EDEM also has offices in Denver, Yokohama, and Shenzhen, facilitating direct sales in major markets and supporting a global network of engineering service partners. The company offers advanced simulation solutions, including the EDEM software platform and EDEM BulkSim, along with engineering support services, aimed at enhancing productivity and innovation for clients worldwide.

EDEM Simulation

Venture Round in 2005
EDEM develops and markets discrete element method (DEM) simulation software, which serves as a critical tool for simulation-based engineering in industries that handle bulk materials, including powders, granules, and aggregates. Its software is utilized across numerous sectors such as pharmaceuticals, food processing, mining, and construction, allowing companies to optimize equipment design and performance, reduce operational costs, and accelerate product development. Founded in 2003 and headquartered in Edinburgh, EDEM also has offices in Denver, Yokohama, and Shenzhen, facilitating direct sales in major markets and supporting a global network of engineering service partners. The company offers advanced simulation solutions, including the EDEM software platform and EDEM BulkSim, along with engineering support services, aimed at enhancing productivity and innovation for clients worldwide.

NiTech Solutions

Seed Round in 2005
NiTech Solutions Ltd. is a company based in Edinburgh, United Kingdom, specializing in the design and provision of continuous oscillatory baffled reactors and tubular reactors for various applications, including crystallization, biodiesel production, hydrogenation, polymerization, and pharmaceutical active pharmaceutical ingredients. Founded in 2003, NiTech focuses on enhancing process efficiency in the chemical, pharmaceutical, biotechnology, waste management, and food and drinks sectors. The company's innovative baffled reactor technology facilitates the mixing of liquid-liquid, liquid-solid, and gas-liquid-solid processes, enabling clients to transition from batch to continuous processes. This shift not only enhances operational efficiency but also reduces costs, energy consumption, and waste generation while improving product quality. NiTech's team comprises experts in process design, chemistry, and chemical engineering, ensuring the successful implementation of advanced and effective solutions for its clients.
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