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 Renewables
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.
Kaly Group
Seed Round in 2024
Kaly is a seaweed farming company focused on providing nature-based solutions to significant environmental challenges. It operates its own farms to cultivate seaweed, which is processed into biostimulants and serves various industries, including food, animal feed, and fertilizers. Kaly's vertical integration allows it to supply bio-based feedstock for a range of applications, including plastic alternatives, cosmetics, pharmaceuticals, and textiles. The company combines a commitment to sustainability with innovative practices, aiming to address pressing ecological issues while promoting the diverse uses of seaweed.
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.
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.
Heero Technologies
Convertible Note in 2024
Heero Technologies is a company that focuses on enhancing energy efficiency in residential properties. It provides a comprehensive platform that simplifies the energy retrofit process for homeowners, offering personalized recommendations to improve home energy performance. The company addresses common challenges associated with energy retrofits, such as the disruption caused by invasive measures and the complexities of financing options. By enabling lenders and installers to better differentiate their services, Heero Technologies facilitates the adoption of renewable technologies in privately owned homes, ultimately aiming to reduce emissions and create a more streamlined user experience in energy improvements.
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.
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.
Lind
Seed Round in 2023
Lind is a company specializing in battery storage transformation, aiming to reduce carbon emissions through innovative, patented technology that stores green electricity. Its energy transition systems harness the potential of water-filled heating systems, allowing for the efficient storage and use of renewable energy in residential and commercial settings. Additionally, Lind's technology supports larger-scale battery systems tailored for shipping companies, particularly effective in hot climates, where these systems can function independently within shipping containers. This approach not only facilitates energy storage but also contributes to lowering overall costs in energy management.
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.
Heero Technologies
Seed Round in 2023
Heero Technologies is a company that focuses on enhancing energy efficiency in residential properties. It provides a comprehensive platform that simplifies the energy retrofit process for homeowners, offering personalized recommendations to improve home energy performance. The company addresses common challenges associated with energy retrofits, such as the disruption caused by invasive measures and the complexities of financing options. By enabling lenders and installers to better differentiate their services, Heero Technologies facilitates the adoption of renewable technologies in privately owned homes, ultimately aiming to reduce emissions and create a more streamlined user experience in energy improvements.
Recycl8
Grant in 2023
Recycl8 is a company focused on transforming incinerator bottom ash (IBA) into a sustainable concrete solution, collaborating with the waste-to-energy and construction industries. By converting IBA, which is typically sent to landfills, into a low-carbon alternative for concrete production, Recycl8 aims to significantly reduce carbon emissions associated with traditional concrete manufacturing. This innovative process not only supports concrete manufacturers in lowering their carbon footprint but also contributes to broader climate goals. The company emphasizes its commitment to social and environmental responsibility while addressing the pressing need for sustainable construction materials.
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.
Heero Technologies
Seed Round in 2023
Heero Technologies is a company that focuses on enhancing energy efficiency in residential properties. It provides a comprehensive platform that simplifies the energy retrofit process for homeowners, offering personalized recommendations to improve home energy performance. The company addresses common challenges associated with energy retrofits, such as the disruption caused by invasive measures and the complexities of financing options. By enabling lenders and installers to better differentiate their services, Heero Technologies facilitates the adoption of renewable technologies in privately owned homes, ultimately aiming to reduce emissions and create a more streamlined user experience in energy improvements.
ETZ
Grant in 2023
ETZ is a pioneer in the field of net zero energy transition and a net exporter of goods, services, technology, and expertise.
Smart Green Shipping
Venture Round in 2023
Smart Green Shipping specializes in creating innovative, digitally enabled wind-powered solutions for the maritime industry. The company has developed data-driven wing sails that optimize merchant shipping routes through advanced software. By utilizing meteorological and satellite data, Smart Green Shipping's system projects annual fuel savings for shipping companies, whether they retrofit existing vessels or incorporate the technology into new builds. This approach not only promotes the adoption of wind assist technologies but also aims to enhance operational efficiency and reduce fuel consumption in shipping operations.
RAB Microfluidics
Series B in 2022
RAB Microfluidics specializes in diagnosing early signs of failure in lubricated machinery, such as gearboxes in wind turbines and engines in the mining industry, using its patented microfluidic technology and artificial intelligence. The company has automated the lubricating oil analysis process, enabling real-time delivery of critical data that identifies equipment deterioration and potential failures. This innovation aims to revolutionize maintenance practices by enhancing equipment reliability and availability through early diagnosis. RAB Microfluidics targets various industries, including maritime, renewable energy, aerospace, and manufacturing, with the goal of facilitating a transition to condition-based and predictive maintenance strategies. By providing intelligent insights and data-driven automation solutions, RAB Microfluidics seeks to improve asset condition management while significantly reducing costs.
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.
Smart Green Shipping
Grant in 2022
Smart Green Shipping specializes in creating innovative, digitally enabled wind-powered solutions for the maritime industry. The company has developed data-driven wing sails that optimize merchant shipping routes through advanced software. By utilizing meteorological and satellite data, Smart Green Shipping's system projects annual fuel savings for shipping companies, whether they retrofit existing vessels or incorporate the technology into new builds. This approach not only promotes the adoption of wind assist technologies but also aims to enhance operational efficiency and reduce fuel consumption in shipping operations.
Merchant City Technologies
Grant in 2022
AI enabled, real-time, wind asset management technology features real-time control software as a service solution and prescriptive maintenance for wind power and other renewable energy sectors. MCT’s SaaS optimization system combines turbine component health, energy market pricing and environmental parameters to attain peak wind turbine operating performance. MCT is a high impact subscription-based Solution that extends asset life, lowers maintenance costs and increases an operator’s ROI. Industry first, automated control system maximizes wind power output by optimizing the entire turbine fleet not just individual units.
Innovatium
Seed Round in 2022
Innovatium is a technology company dedicated to advancing renewable energy solutions. The company specializes in inventing, developing, and commercializing equipment and processes designed to lower the carbon intensity of existing systems. By leveraging expertise and innovation, Innovatium aims to create energy-efficient technologies that significantly reduce the carbon footprint of its clients. This focus on sustainability enables businesses to incorporate a higher proportion of renewable energy into their energy mix, contributing positively to environmental conservation efforts.
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.
Verlume
Venture Round in 2022
Verlume specializes in subsea power hub technology that focuses on generating, storing, and supplying electrical power from ocean currents and tides. The company's innovative solutions are designed to help clients in underwater, offshore, and onshore sectors reduce their carbon footprint and decarbonize their operations. By converting renewable energy from marine environments into usable electrical power, Verlume enables its clients to harness clean energy while minimizing environmental impact.
Aberdeen Harbour Board
Debt Financing in 2022
Aberdeen Harbour Board operates as a key maritime transportation and logistics hub, primarily serving the oil and gas industry, as well as renewable energy, freight, cruise, and ferry services. It offers a range of facilities designed to support the needs of these sectors while ensuring the highest safety standards and environmental care. The organization focuses on providing value-added solutions that aim to reduce risks and lower project costs for its customers. Through its commitment to sustainability and operational excellence, Aberdeen Harbour Board strives to create a vibrant port that fosters economic prosperity and supports the development of an environmentally friendly maritime environment.
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.
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.
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.
Arcola Energy
Grant in 2021
Arcola Energy is a leader in hydrogen and fuel cell integration, specializing in zero-emission solutions for heavy-duty vehicles and transport applications.
RAB Microfluidics
Venture Round in 2021
RAB Microfluidics specializes in diagnosing early signs of failure in lubricated machinery, such as gearboxes in wind turbines and engines in the mining industry, using its patented microfluidic technology and artificial intelligence. The company has automated the lubricating oil analysis process, enabling real-time delivery of critical data that identifies equipment deterioration and potential failures. This innovation aims to revolutionize maintenance practices by enhancing equipment reliability and availability through early diagnosis. RAB Microfluidics targets various industries, including maritime, renewable energy, aerospace, and manufacturing, with the goal of facilitating a transition to condition-based and predictive maintenance strategies. By providing intelligent insights and data-driven automation solutions, RAB Microfluidics seeks to improve asset condition management while significantly reducing costs.
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.
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.
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.
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.
Verlume
Venture Round in 2020
Verlume specializes in subsea power hub technology that focuses on generating, storing, and supplying electrical power from ocean currents and tides. The company's innovative solutions are designed to help clients in underwater, offshore, and onshore sectors reduce their carbon footprint and decarbonize their operations. By converting renewable energy from marine environments into usable electrical power, Verlume enables its clients to harness clean energy while minimizing environmental impact.
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.
CuanTec
Venture Round in 2019
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, specializing in the production of biodegradable plastic films for the food industry. Founded in 2016, CuanTec utilizes a sustainable approach by extracting chitin from waste generated by the fisheries sector, particularly from langoustines sourced from the pollution-free waters of the North Atlantic. This extraction is achieved through a low-energy fermentation process that employs harmless bacteria, resulting in a high-quality product with minimal waste. The company’s compostable and antimicrobial bioplastics serve as an environmentally friendly alternative to conventional packaging, aiming to reduce plastic pollution and food waste while extending the shelf life of fresh food. By employing a circular economy model, CuanTec effectively transforms marine waste into valuable packaging solutions.
Sunamp
Series A in 2018
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.
Cyclotricity
Grant in 2018
Cyclotricity is a British company that specializes in the design and manufacture of electric bicycles and conversion kits. Known for producing the UK's best-selling electric bike conversion kit, Cyclotricity offers a diverse range of battery-powered bicycles that cater to various designs and technical specifications. The company emphasizes eco-friendly transportation solutions, making it suitable for regular commutes. All motors used in their products are handmade, highlighting the company's commitment to quality craftsmanship.
Dukosi
Venture Round in 2018
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
QED Naval
Seed Round in 2018
QED Naval Limited is a technology developer based in Edinburgh, United Kingdom, specializing in the marine renewable energy sector. Founded in 2008, the company focuses on providing consultancy services in naval architecture and marine renewable energy, including assessments and simulations of tidal platforms and turbines. Its flagship product, Subhub, is an integrated tidal platform designed to support tidal turbines. Additionally, QED Naval offers CAD design services, structural assessments, and expertise in wind, wave, and tidal loading. The company also assists in the development of essential port and nearshore infrastructure for the deployment of marine renewables, including quays, breakwaters, and pontoons, ensuring effective integration and maintenance of these technologies.
Kite Power Systems
Venture Round in 2017
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, specializes in developing an innovative solution for harnessing wind energy through a twin-kite system. This technology aims to provide a reliable and efficient means of generating clean energy at a utility scale, significantly reducing costs compared to traditional wind turbines while utilizing 85 percent less material. The company’s kite arrays can be deployed both onshore and offshore, making them suitable for locations where conventional wind energy systems are impractical. By offering a sustainable alternative, Kite Power Systems seeks to reduce dependency on fossil fuels and mitigate the impacts of climate change. The technology is supported by extensive testing and development, as well as funding from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund and various private investors.
Dukosi
Series A in 2017
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
CuanTec
Seed Round in 2016
CuanTec Ltd is a Scottish biotechnology company based in Motherwell, specializing in the production of biodegradable plastic films for the food industry. Founded in 2016, CuanTec utilizes a sustainable approach by extracting chitin from waste generated by the fisheries sector, particularly from langoustines sourced from the pollution-free waters of the North Atlantic. This extraction is achieved through a low-energy fermentation process that employs harmless bacteria, resulting in a high-quality product with minimal waste. The company’s compostable and antimicrobial bioplastics serve as an environmentally friendly alternative to conventional packaging, aiming to reduce plastic pollution and food waste while extending the shelf life of fresh food. By employing a circular economy model, CuanTec effectively transforms marine waste into valuable packaging solutions.
Synaptec
Seed Round in 2016
Synaptec Ltd. specializes in developing and deploying advanced photonic sensing systems that leverage existing optical fiber networks to enhance the monitoring of electrical networks. Founded in 2014 and based in Glasgow, United Kingdom, the company offers innovative solutions that measure critical parameters such as voltage, current, temperature, and vibration over long distances and at multiple locations, all using a single optical fiber. This technology helps reduce electrical power transmission costs by minimizing outages, preventing circuit damage, and decreasing the need for civil works. Synaptec's systems provide significant benefits to electricity network operators and society, including cost savings, improved security of energy supply, and lower emissions. Through its patented technologies, Synaptec aims to maximize the stability of power networks and facilitate the integration of renewable energy sources.
QED Naval
Venture Round in 2016
QED Naval Limited is a technology developer based in Edinburgh, United Kingdom, specializing in the marine renewable energy sector. Founded in 2008, the company focuses on providing consultancy services in naval architecture and marine renewable energy, including assessments and simulations of tidal platforms and turbines. Its flagship product, Subhub, is an integrated tidal platform designed to support tidal turbines. Additionally, QED Naval offers CAD design services, structural assessments, and expertise in wind, wave, and tidal loading. The company also assists in the development of essential port and nearshore infrastructure for the deployment of marine renewables, including quays, breakwaters, and pontoons, ensuring effective integration and maintenance of these technologies.
Dukosi
Venture Round in 2015
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
Sunamp
Seed Round in 2015
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.
QED Naval
Seed Round in 2015
QED Naval Limited is a technology developer based in Edinburgh, United Kingdom, specializing in the marine renewable energy sector. Founded in 2008, the company focuses on providing consultancy services in naval architecture and marine renewable energy, including assessments and simulations of tidal platforms and turbines. Its flagship product, Subhub, is an integrated tidal platform designed to support tidal turbines. Additionally, QED Naval offers CAD design services, structural assessments, and expertise in wind, wave, and tidal loading. The company also assists in the development of essential port and nearshore infrastructure for the deployment of marine renewables, including quays, breakwaters, and pontoons, ensuring effective integration and maintenance of these technologies.
Dukosi
Venture Round in 2014
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
Spark Energy
Venture Round in 2014
Spark Energy Limited is a UK-based energy supplier that provides electricity and gas primarily to residential tenants and rental agents. Established in 2006 and headquartered in Selkirk, the company specializes in offering renewable energy sourced from various means, including wind, bio-energy, bio-mass, anaerobic digestion, energy crops, and hydroelectric power. By collaborating with letting agencies, Spark Energy aims to simplify the process of setting up energy services for tenants, ensuring a seamless transition to sustainable energy solutions.
Dukosi
Venture Round in 2014
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
Dukosi
Venture Round in 2013
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
Smarter Grid Solutions
Funding Round in 2013
Smarter Grid Solutions Ltd. is a prominent smart grid technology company based in Glasgow, with additional offices in London and New York. Founded in 2008, the company specializes in developing and deploying Active Network Management (ANM) products that facilitate the integration of Distributed Energy Resources (DER). Its key offerings include ANM Strata, ANM 100, ANM 50, and CONNECT+, which provide utilities with tools to connect, control, and optimize DER across various scales. Additionally, the company offers Capacity Analysis Portal Tools for assessing DER connection feasibility and a Grid Connection Assessment Tool for detailed connection studies. Smarter Grid Solutions also provides consultancy services focused on strategic planning, modeling, and smart grid training. The company serves a diverse clientele, including large power companies and utilities across the UK, mainland Europe, and the US, contributing to the advancement of smart grid initiatives in both urban and rural settings.
Dukosi
Venture Round in 2012
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
Star Net Geomatics
Venture Round in 2012
Star Net Geomatics Ltd. provides a wide range of surveying, inspection and design services to the telecommunications, renewables, civil engineering, oil and gas and nuclear sectors.
Dukosi
Venture Round in 2012
Dukosi Ltd specializes in the design, development, and manufacturing of battery management systems, primarily targeting the automotive industry. Founded in 2003 and located in Edinburgh, United Kingdom, the company offers advanced cell sensor products for hybrid, plug-in hybrid, and electric vehicles, as well as electric bicycles and mobility vehicles. Dukosi's innovative solutions enable real-time monitoring of individual battery cell performance, enhancing the health and longevity of battery systems. Their products also contribute to the efficiency of smart grids, providing reliable and renewable energy solutions for various applications, including transport networks and residential use.
Star Net Geomatics
Venture Round in 2011
Star Net Geomatics Ltd. provides a wide range of surveying, inspection and design services to the telecommunications, renewables, civil engineering, oil and gas and nuclear sectors.
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