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 Innovation and Investment

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 Insulation

Sisaltech

Seed Round in 2025
Sisaltech is a company that produces sustainable building insulation made from sisal, a natural fiber derived from the Agave plant. This material is durable, biodegradable, and has a low environmental impact during production. The company's primary business is to provide eco-friendly insulation solutions to the construction industry, offering a low-carbon alternative that is easy to install, completely recyclable, and made with low-carbon materials. This enables clients to enhance safety and comfort while reducing their carbon footprint.

IRT Surveys

Series B in 2010
IRT Surveys Limited is an infrared thermal imaging company based in Dundee, United Kingdom, that specializes in non-destructive testing and diagnosis of building defects and energy inefficiencies. Founded in 2002, the company offers a range of services including thermal imaging, infrared building surveys, energy audits, air leakage detection, and electronic leak detection. Additionally, it provides energy performance certificates and maintenance planning services. IRT Surveys focuses on rapid analysis and quantification of infrared images, utilizing proprietary software to assess energy loss effectively, helping clients identify issues and plan for improvements in energy efficiency and property condition.

IRT Surveys

Series A in 2009
IRT Surveys Limited is an infrared thermal imaging company based in Dundee, United Kingdom, that specializes in non-destructive testing and diagnosis of building defects and energy inefficiencies. Founded in 2002, the company offers a range of services including thermal imaging, infrared building surveys, energy audits, air leakage detection, and electronic leak detection. Additionally, it provides energy performance certificates and maintenance planning services. IRT Surveys focuses on rapid analysis and quantification of infrared images, utilizing proprietary software to assess energy loss effectively, helping clients identify issues and plan for improvements in energy efficiency and property condition.
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