Scottish Enterprise

Scottish Enterprise is Scotland's primary economic development agency, operating as a non-departmental public body of the Scottish Government. Its mission is to foster economic growth by supporting the development of innovative, high-wage industries with a strong international presence. The organization plays a crucial role in assisting small and medium-sized enterprises (SMEs) in securing financing, helping them engage with funders and access the necessary capital for expansion. Scottish Enterprise invests through its arm, the Scottish Investment Bank, which focuses on various sectors, including renewable energy, life sciences, and creative industries. The firm engages in both direct and fund-of-fund investing, typically providing financial support in the form of equity or loans ranging from £0.01 million to £10 million. Additionally, it collaborates with public and private sectors and works alongside UK and international investors to enhance the funding landscape for Scottish businesses. Through these initiatives, Scottish Enterprise aims to create a sustainable economic impact and strengthen the funding market within Scotland.

Reuben Aitken

Managing Director, International Operations

Rhona Allison

Managing Director, Business Growth

Mark Hallan

Global Director, Strategic Relationships

Linda Hanna

Interim CEO

Jane Martin

Managing Director of Innovation and Investment

Jim McFarlane

Managing Director of Operations

Charlie Smith

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

Past deals in Retail Technology

Snappy Shopper

Series A in 2021
Snappy Shopper LTD operates an online platform that connects consumers with local convenience stores and corner shops, allowing them to shop for a variety of products including groceries, beverages, snacks, baby care items, household goods, and more. Founded in 2017 and based in Dundee, United Kingdom, the company facilitates the delivery of goods by enabling users to browse the inventories of registered local stores. This digital e-commerce solution streamlines the ordering process, allowing customers to conveniently select items and receive them at their doorstep, thereby enhancing the shopping experience and promoting local businesses.
R3 IoT enables organisations to access their critical operational data by automating the collection of sensor data. This data is transferred from remote operations to the cloud via satellite providing business leaders and operational management the capability to make better decisions and reduce inefficiencies.

Boundary

Seed Round in 2021
Boundary Technologies Ltd, established in 2018 and headquartered in Edinburgh, United Kingdom, specializes in designing and developing advanced burglar alarm systems that can be controlled via mobile devices. The company provides a comprehensive central hub for monitoring and managing connected security devices, which include motion sensors, application software, door and window contacts, outdoor sounders, and smart home integrations. Boundary's innovative security solution is positioned as 'security as a service', offering a reliable and efficient means of protecting homes and families. The system is designed to meet UK and European alarm standards, ensuring accuracy and facilitating automatic police responses when necessary.

Red61

Venture Round in 2021
Red61 Limited is a provider of ticketing software and consultancy services, catering to festivals, events, venues, and ticket agencies across the United Kingdom, Australia, Ireland, and Abu Dhabi. Based in Edinburgh, the company offers a range of solutions, including its VIA ticketing system, which efficiently handles high-volume ticket sales for various events and multi-venue networks. Red61 was founded by Tony Davey and Peter McNaught, who sought to address the frustrations within the ticketing industry by fostering long-term, collaborative relationships with their clients. The platform is designed to streamline the ticketing process, making it quick and organized, and supports multiple sales channels such as online, mobile, in-person, and phone sales.

Adimo

Seed Round in 2021
Adimo is a developer of a shoppable marketing platform that enhances digital marketing by integrating shopping functionality directly into various forms of content and campaigns. The platform allows brands to connect with shoppers more effectively by enabling them to add products to their online grocery baskets directly from display advertisements, landing pages, websites, and social media. This approach simplifies the purchasing process for consumers, allowing them to choose products and save them for later purchase, thus bridging the gap between product discovery and acquisition in the fast-moving consumer goods sector.

E.Fundamentals

Convertible Note in 2020
E.Fundamentals operates an e-commerce analytics and insight platform that focuses on optimizing performance for consumer packaged goods (CPG) brands in the digital retail space. The platform transforms complex retail digital data into actionable insights, allowing brand owners to improve sales and profitability on retailer and wholesaler websites. By aggregating real-time insights, E.Fundamentals enables businesses to enhance online revenues and manage various aspects of e-commerce product performance, including online ranging, pricing, positioning, and promotion. Through its services, the company supports leading brands in making informed decisions to maximize their digital shelf performance.

Swipii

Seed Round in 2020
Swipii Labs Ltd. operates a customer loyalty and marketing platform specifically designed for small businesses. Founded in 2012 and based in Glasgow, the company offers a suite of digital tools that enable businesses to implement loyalty programs, boost online reviews, and attract new customers. Swipii's app facilitates cashback rewards on purchases, allowing users to earn points automatically through card-linking technology. This platform not only helps local businesses compete with larger brands but also encourages consumers to discover local offers and share them within their communities. By providing these services, Swipii aims to enhance customer engagement and loyalty while supporting the growth of small businesses.

Red61

Seed Round in 2020
Red61 Limited is a provider of ticketing software and consultancy services, catering to festivals, events, venues, and ticket agencies across the United Kingdom, Australia, Ireland, and Abu Dhabi. Based in Edinburgh, the company offers a range of solutions, including its VIA ticketing system, which efficiently handles high-volume ticket sales for various events and multi-venue networks. Red61 was founded by Tony Davey and Peter McNaught, who sought to address the frustrations within the ticketing industry by fostering long-term, collaborative relationships with their clients. The platform is designed to streamline the ticketing process, making it quick and organized, and supports multiple sales channels such as online, mobile, in-person, and phone sales.

Swipii

Debt Financing in 2020
Swipii Labs Ltd. operates a customer loyalty and marketing platform specifically designed for small businesses. Founded in 2012 and based in Glasgow, the company offers a suite of digital tools that enable businesses to implement loyalty programs, boost online reviews, and attract new customers. Swipii's app facilitates cashback rewards on purchases, allowing users to earn points automatically through card-linking technology. This platform not only helps local businesses compete with larger brands but also encourages consumers to discover local offers and share them within their communities. By providing these services, Swipii aims to enhance customer engagement and loyalty while supporting the growth of small businesses.

Red61

Venture Round in 2020
Red61 Limited is a provider of ticketing software and consultancy services, catering to festivals, events, venues, and ticket agencies across the United Kingdom, Australia, Ireland, and Abu Dhabi. Based in Edinburgh, the company offers a range of solutions, including its VIA ticketing system, which efficiently handles high-volume ticket sales for various events and multi-venue networks. Red61 was founded by Tony Davey and Peter McNaught, who sought to address the frustrations within the ticketing industry by fostering long-term, collaborative relationships with their clients. The platform is designed to streamline the ticketing process, making it quick and organized, and supports multiple sales channels such as online, mobile, in-person, and phone sales.

Boundary

Seed Round in 2020
Boundary Technologies Ltd, established in 2018 and headquartered in Edinburgh, United Kingdom, specializes in designing and developing advanced burglar alarm systems that can be controlled via mobile devices. The company provides a comprehensive central hub for monitoring and managing connected security devices, which include motion sensors, application software, door and window contacts, outdoor sounders, and smart home integrations. Boundary's innovative security solution is positioned as 'security as a service', offering a reliable and efficient means of protecting homes and families. The system is designed to meet UK and European alarm standards, ensuring accuracy and facilitating automatic police responses when necessary.

Mallzee

Venture Round in 2020
Mallzee Ltd operates a shopping application that allows users in the United Kingdom to discover and purchase clothing from various online retailers. Launched in 2011 and based in Edinburgh, Mallzee has evolved from a Tinder-style platform for quick mobile shopping into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app enables users to save their favorite garments by swiping through an extensive inventory, resulting in tens of millions of product swipes each month. This high level of user engagement has provided valuable swipe data that Mallzee leverages to enhance its services. The company now offers this data to partners, aiding them in refining their marketing strategies, merchandising, and inventory management while increasing exposure for their products and brands.

E.Fundamentals

Funding Round in 2020
E.Fundamentals operates an e-commerce analytics and insight platform that focuses on optimizing performance for consumer packaged goods (CPG) brands in the digital retail space. The platform transforms complex retail digital data into actionable insights, allowing brand owners to improve sales and profitability on retailer and wholesaler websites. By aggregating real-time insights, E.Fundamentals enables businesses to enhance online revenues and manage various aspects of e-commerce product performance, including online ranging, pricing, positioning, and promotion. Through its services, the company supports leading brands in making informed decisions to maximize their digital shelf performance.

Qikserve

Venture Round in 2020
QikServe Limited, founded in 2011 and based in Edinburgh, United Kingdom, offers a cloud-based platform that facilitates mobile ordering and payment for hospitality services, particularly in hotels and restaurants. The QikServe platform enables guests to order food and drinks using various channels, including kiosks, tablets, web, and mobile apps, providing them with the flexibility to complete their transactions at their convenience. The system efficiently processes and routes orders to the restaurant's electronic point of sale (EPOS) system, enhancing the overall guest experience and operational efficiency for hospitality operators.

Boundary

Grant in 2020
Boundary Technologies Ltd, established in 2018 and headquartered in Edinburgh, United Kingdom, specializes in designing and developing advanced burglar alarm systems that can be controlled via mobile devices. The company provides a comprehensive central hub for monitoring and managing connected security devices, which include motion sensors, application software, door and window contacts, outdoor sounders, and smart home integrations. Boundary's innovative security solution is positioned as 'security as a service', offering a reliable and efficient means of protecting homes and families. The system is designed to meet UK and European alarm standards, ensuring accuracy and facilitating automatic police responses when necessary.

Qikserve

Venture Round in 2019
QikServe Limited, founded in 2011 and based in Edinburgh, United Kingdom, offers a cloud-based platform that facilitates mobile ordering and payment for hospitality services, particularly in hotels and restaurants. The QikServe platform enables guests to order food and drinks using various channels, including kiosks, tablets, web, and mobile apps, providing them with the flexibility to complete their transactions at their convenience. The system efficiently processes and routes orders to the restaurant's electronic point of sale (EPOS) system, enhancing the overall guest experience and operational efficiency for hospitality operators.

Swipii

Venture Round in 2019
Swipii Labs Ltd. operates a customer loyalty and marketing platform specifically designed for small businesses. Founded in 2012 and based in Glasgow, the company offers a suite of digital tools that enable businesses to implement loyalty programs, boost online reviews, and attract new customers. Swipii's app facilitates cashback rewards on purchases, allowing users to earn points automatically through card-linking technology. This platform not only helps local businesses compete with larger brands but also encourages consumers to discover local offers and share them within their communities. By providing these services, Swipii aims to enhance customer engagement and loyalty while supporting the growth of small businesses.

Mallzee

Venture Round in 2019
Mallzee Ltd operates a shopping application that allows users in the United Kingdom to discover and purchase clothing from various online retailers. Launched in 2011 and based in Edinburgh, Mallzee has evolved from a Tinder-style platform for quick mobile shopping into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app enables users to save their favorite garments by swiping through an extensive inventory, resulting in tens of millions of product swipes each month. This high level of user engagement has provided valuable swipe data that Mallzee leverages to enhance its services. The company now offers this data to partners, aiding them in refining their marketing strategies, merchandising, and inventory management while increasing exposure for their products and brands.

Snappy Shopper

Seed Round in 2019
Snappy Shopper LTD operates an online platform that connects consumers with local convenience stores and corner shops, allowing them to shop for a variety of products including groceries, beverages, snacks, baby care items, household goods, and more. Founded in 2017 and based in Dundee, United Kingdom, the company facilitates the delivery of goods by enabling users to browse the inventories of registered local stores. This digital e-commerce solution streamlines the ordering process, allowing customers to conveniently select items and receive them at their doorstep, thereby enhancing the shopping experience and promoting local businesses.

Qikserve

Venture Round in 2019
QikServe Limited, founded in 2011 and based in Edinburgh, United Kingdom, offers a cloud-based platform that facilitates mobile ordering and payment for hospitality services, particularly in hotels and restaurants. The QikServe platform enables guests to order food and drinks using various channels, including kiosks, tablets, web, and mobile apps, providing them with the flexibility to complete their transactions at their convenience. The system efficiently processes and routes orders to the restaurant's electronic point of sale (EPOS) system, enhancing the overall guest experience and operational efficiency for hospitality operators.

E.Fundamentals

Series A in 2019
E.Fundamentals operates an e-commerce analytics and insight platform that focuses on optimizing performance for consumer packaged goods (CPG) brands in the digital retail space. The platform transforms complex retail digital data into actionable insights, allowing brand owners to improve sales and profitability on retailer and wholesaler websites. By aggregating real-time insights, E.Fundamentals enables businesses to enhance online revenues and manage various aspects of e-commerce product performance, including online ranging, pricing, positioning, and promotion. Through its services, the company supports leading brands in making informed decisions to maximize their digital shelf performance.

Boundary

Seed Round in 2019
Boundary Technologies Ltd, established in 2018 and headquartered in Edinburgh, United Kingdom, specializes in designing and developing advanced burglar alarm systems that can be controlled via mobile devices. The company provides a comprehensive central hub for monitoring and managing connected security devices, which include motion sensors, application software, door and window contacts, outdoor sounders, and smart home integrations. Boundary's innovative security solution is positioned as 'security as a service', offering a reliable and efficient means of protecting homes and families. The system is designed to meet UK and European alarm standards, ensuring accuracy and facilitating automatic police responses when necessary.

Product Guru

Seed Round in 2019
Product Guru Ltd operates a product discovery platform that connects product suppliers with retail buyers in the United Kingdom. Established in 2018 and based in Glasgow, the platform enables suppliers from various categories, including fast-moving consumer goods, home, gifts, and travel, to showcase their offerings to potential buyers. Retail buyers can review and compare products, facilitating a more efficient purchasing process. The company recognizes the challenges faced by buyers in navigating the growing number of small, specialist suppliers and aims to streamline the product discovery process in the retail sector. In addition to its platform, Product Guru Ltd provides support services to enhance the user experience for both suppliers and buyers.

Qikserve

Venture Round in 2019
QikServe Limited, founded in 2011 and based in Edinburgh, United Kingdom, offers a cloud-based platform that facilitates mobile ordering and payment for hospitality services, particularly in hotels and restaurants. The QikServe platform enables guests to order food and drinks using various channels, including kiosks, tablets, web, and mobile apps, providing them with the flexibility to complete their transactions at their convenience. The system efficiently processes and routes orders to the restaurant's electronic point of sale (EPOS) system, enhancing the overall guest experience and operational efficiency for hospitality operators.

Mallzee

Venture Round in 2019
Mallzee Ltd operates a shopping application that allows users in the United Kingdom to discover and purchase clothing from various online retailers. Launched in 2011 and based in Edinburgh, Mallzee has evolved from a Tinder-style platform for quick mobile shopping into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app enables users to save their favorite garments by swiping through an extensive inventory, resulting in tens of millions of product swipes each month. This high level of user engagement has provided valuable swipe data that Mallzee leverages to enhance its services. The company now offers this data to partners, aiding them in refining their marketing strategies, merchandising, and inventory management while increasing exposure for their products and brands.

Swipii

Venture Round in 2019
Swipii Labs Ltd. operates a customer loyalty and marketing platform specifically designed for small businesses. Founded in 2012 and based in Glasgow, the company offers a suite of digital tools that enable businesses to implement loyalty programs, boost online reviews, and attract new customers. Swipii's app facilitates cashback rewards on purchases, allowing users to earn points automatically through card-linking technology. This platform not only helps local businesses compete with larger brands but also encourages consumers to discover local offers and share them within their communities. By providing these services, Swipii aims to enhance customer engagement and loyalty while supporting the growth of small businesses.

Greengage Agritech

Venture Round in 2019
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Greengage Agritech

Venture Round in 2018
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

RenovITe

Grant in 2018
RenovITe is a 21st century payment product organization founded by payment experts, offering business solutions which are based on proven frameworks and tailored to evolve with the customer ecosystem. Their core offering is RIPPS the EFT payments switching product and REXA their test automation suite. Their products have been designed to meet the requirements of an agile 21st century payments processor.

Greengage Agritech

Venture Round in 2017
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Reactec

Angel Round in 2017
The Reactec Analytics Platform removes the need for paperwork by automating the whole process, from real-time calculation of worker exposure in the field to providing employers with reliable and valuable information online. With just a few clicks, employers can view individual and company-wide exposure trends and see which workers have exceeded HSE daily thresholds and tool exposure levels. Information on tool rotation activity, tool performance and even over-utilisation can also be viewed to help manage worker efficiency and welfare.

Adimo

Seed Round in 2017
Adimo is a developer of a shoppable marketing platform that enhances digital marketing by integrating shopping functionality directly into various forms of content and campaigns. The platform allows brands to connect with shoppers more effectively by enabling them to add products to their online grocery baskets directly from display advertisements, landing pages, websites, and social media. This approach simplifies the purchasing process for consumers, allowing them to choose products and save them for later purchase, thus bridging the gap between product discovery and acquisition in the fast-moving consumer goods sector.

Greengage Agritech

Venture Round in 2017
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Qikserve

Venture Round in 2017
QikServe Limited, founded in 2011 and based in Edinburgh, United Kingdom, offers a cloud-based platform that facilitates mobile ordering and payment for hospitality services, particularly in hotels and restaurants. The QikServe platform enables guests to order food and drinks using various channels, including kiosks, tablets, web, and mobile apps, providing them with the flexibility to complete their transactions at their convenience. The system efficiently processes and routes orders to the restaurant's electronic point of sale (EPOS) system, enhancing the overall guest experience and operational efficiency for hospitality operators.

Big Data for Humans

Convertible Note in 2016
Big Data for Humans Ltd. specializes in developing a customer marketing platform tailored for supermarkets, fashion and luxury retailers, and airlines. Established in 2014 and headquartered in London, the company focuses on democratizing customer insights through its innovative automated customer insights engine. This platform utilizes network analysis to enable various stakeholders, including management, marketing teams, and data scientists, to gain significant customer understanding and generate actionable insights. By providing solutions for personalized campaigns, multi-channel execution, and agile data management, Big Data for Humans empowers businesses to optimize their marketing efforts and enhance revenue generation. The platform's ability to rapidly visualize customer data and create actionable plans allows clients in the retail and travel sectors to effectively target communications and improve their overall returns.

Greengage Agritech

Venture Round in 2016
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Greengage Agritech

Venture Round in 2016
Greengage Agritech, founded in 2008 and located at the Roslin Institute of Edinburgh University, focuses on enhancing the agricultural sector through innovative technologies. The company develops systems aimed at improving productivity and reducing operational costs for farmers, particularly in the realm of livestock management. Their product offerings include induction-powered LED lighting, advanced sensors, web applications, and data analytics tools. These technologies enable remote monitoring of environmental conditions and animal behavior, helping farming businesses optimize operations, increase production efficiency, and promote sustainable agricultural practices. By integrating these solutions, Greengage Agritech supports farmers in achieving better overall well-being for their livestock while ensuring profitable development.

Bellrock Technology

Seed Round in 2015
Bellrock Technology Ltd. is a high-tech software company. We have developed Lumen®, the world’s most advanced predictive analytics deployment platform. Lumen instantly turns trained data science models into live predictive analytics. Its patented technology removes traditional integration and deployment challenges, making results immediately available.

Big Data for Humans

Seed Round in 2015
Big Data for Humans Ltd. specializes in developing a customer marketing platform tailored for supermarkets, fashion and luxury retailers, and airlines. Established in 2014 and headquartered in London, the company focuses on democratizing customer insights through its innovative automated customer insights engine. This platform utilizes network analysis to enable various stakeholders, including management, marketing teams, and data scientists, to gain significant customer understanding and generate actionable insights. By providing solutions for personalized campaigns, multi-channel execution, and agile data management, Big Data for Humans empowers businesses to optimize their marketing efforts and enhance revenue generation. The platform's ability to rapidly visualize customer data and create actionable plans allows clients in the retail and travel sectors to effectively target communications and improve their overall returns.

Mallzee

Series A in 2015
Mallzee Ltd operates a shopping application that allows users in the United Kingdom to discover and purchase clothing from various online retailers. Launched in 2011 and based in Edinburgh, Mallzee has evolved from a Tinder-style platform for quick mobile shopping into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app enables users to save their favorite garments by swiping through an extensive inventory, resulting in tens of millions of product swipes each month. This high level of user engagement has provided valuable swipe data that Mallzee leverages to enhance its services. The company now offers this data to partners, aiding them in refining their marketing strategies, merchandising, and inventory management while increasing exposure for their products and brands.

Qikserve

Venture Round in 2014
QikServe Limited, founded in 2011 and based in Edinburgh, United Kingdom, offers a cloud-based platform that facilitates mobile ordering and payment for hospitality services, particularly in hotels and restaurants. The QikServe platform enables guests to order food and drinks using various channels, including kiosks, tablets, web, and mobile apps, providing them with the flexibility to complete their transactions at their convenience. The system efficiently processes and routes orders to the restaurant's electronic point of sale (EPOS) system, enhancing the overall guest experience and operational efficiency for hospitality operators.

Mallzee

Seed Round in 2014
Mallzee Ltd operates a shopping application that allows users in the United Kingdom to discover and purchase clothing from various online retailers. Launched in 2011 and based in Edinburgh, Mallzee has evolved from a Tinder-style platform for quick mobile shopping into the largest multi-retailer shopping app in the UK, boasting nearly one million users. The app enables users to save their favorite garments by swiping through an extensive inventory, resulting in tens of millions of product swipes each month. This high level of user engagement has provided valuable swipe data that Mallzee leverages to enhance its services. The company now offers this data to partners, aiding them in refining their marketing strategies, merchandising, and inventory management while increasing exposure for their products and brands.
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