Scottish Investment Bank

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

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Susan Armes

Senior Investment Manager

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

Kerry Sharp

Director of Entrepreneurship and Investment

Charlie Smith

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

Past deals in Natural Resources

Highland Heritage Woodworks

Grant in 2025
Highland Heritage Woodworks engages in timber industry, dedicated to demonstrating the untapped potential of locally-sourced timber.

Rockit Tech

Grant in 2024
Heriot-Watt University's "Rockit" technology prevents unwanted leaks of greenhouse gases (methane, CO2), flammables, poisons, carcinogens (hydrocarbon gas, H2S, mercury vapour), and stored gases (hydrogen, CO2) from escaping into the atmosphere via dug wells.

Rhizocore Technologies

Grant in 2022
Rhizocore Technologies specializes in producing locally-adapted mycorrhizal fungi to enhance tree planting success. Its platform aims to boost woodland restoration, commercial productivity, and environmental stress tolerance within the forestry market.

Verlume

Venture Round in 2022
Verlume is a provider of innovative solutions for the underwater, offshore, and onshore sectors. The company specializes in developing and deploying subsea power hub technology that harnesses ocean currents and tides to generate clean electrical energy. This technology enables clients to reduce their carbon footprint by utilizing renewable energy sources without environmental pollution. Verlume's offerings help decarbonize operations across various industries, including oil and gas, offshore wind, and marine renewables.

Global Surface Intelligence

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

Verlume

Venture Round in 2020
Verlume is a provider of innovative solutions for the underwater, offshore, and onshore sectors. The company specializes in developing and deploying subsea power hub technology that harnesses ocean currents and tides to generate clean electrical energy. This technology enables clients to reduce their carbon footprint by utilizing renewable energy sources without environmental pollution. Verlume's offerings help decarbonize operations across various industries, including oil and gas, offshore wind, and marine renewables.

Global Surface Intelligence

Venture Round in 2019
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Global Surface Intelligence

Venture Round in 2018
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Global Surface Intelligence

Venture Round in 2018
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Global Surface Intelligence

Venture Round in 2017
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Global Surface Intelligence

Venture Round in 2017
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Global Surface Intelligence

Venture Round in 2014
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Plan Bee

Equity Crowdfunding in 2014
Founded in 2011, Plan Bee is a UK-based company that specializes in managed beehive services. They help businesses enhance their sustainability credentials by hosting honeybee hives on their premises, providing educational resources, and producing eco-friendly products like honey and bee by-products.

Plan Bee

Seed Round in 2013
Founded in 2011, Plan Bee is a UK-based company that specializes in managed beehive services. They help businesses enhance their sustainability credentials by hosting honeybee hives on their premises, providing educational resources, and producing eco-friendly products like honey and bee by-products.

Global Surface Intelligence

Venture Round in 2013
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.

Global Surface Intelligence

Venture Round in 2013
Global Surface Intelligence Ltd. is a data services company based in Edinburgh, United Kingdom, with an additional office in Baltimore, Maryland. Founded in 2009, the company specializes in earth observation and artificial intelligence, transforming raw satellite, UAV, and ground survey data into actionable insights for various sectors, including forestry and agriculture. Its GSi-Platform offers predictive modeling solutions to forecast outcomes under different scenarios, while products like GSi-Carbon provide comprehensive data on above-ground biomass carbon stocks. Other offerings include GSi-Crop, which predicts crop yields, GSi-Timber for assessing timber volumes, GSi-Blowdown for monitoring forest damage from extreme weather, and GSi-Soil for assessing soil carbon levels. Global Surface Intelligence serves clients such as end users, data brokers, and geospatial data publishers, enabling them to better manage land-based assets and respond to environmental changes.
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