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

Michael Cannon

Head of Grants Appraisal

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

Jan Robertson

Head of Investment Management, Growth Investments

Kerry Sharp

Director of Entrepreneurship and Investment

Nick Shields

Head of Business Support Services

Charlie Smith

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

Past deals in TMT

Moblyze

Seed Round in 2025
Moblyze is a talent marketplace app designed for the energy transition sector. It connects energy workers with on-demand career opportunities through an intuitive platform that allows users to customize job preferences and swipe through relevant postings.

Triyit

Venture Round in 2024
Triyit Ltd. is a company based in Paisley, United Kingdom, that specializes in test marketing services, enabling brands to gather valuable feedback on products from target consumers before launch. Established in 2016, Triyit operates a product discovery club that offers members personalized selections of new products to sample at home, free of charge. The platform not only facilitates product trials for consumers but also provides brands with tools to analyze consumer preferences and optimize their marketing strategies. Through detailed product descriptions and lifestyle preferences, Triyit enhances market reach and supports companies in understanding their target audience better.

Sofant Technologies

Venture Round in 2024
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

WhiteHaul

Grant in 2023
WhiteHaul is a technology company specializing in telecommunications, focused on delivering gigabit-capable broadband speeds to Internet Service Providers (ISPs). By utilizing innovative spectrum aggregation technology, WhiteHaul enables the establishment of high-speed, long-distance backhaul links. This capability permits ISPs to offer affordable and reliable internet access, particularly in rural and challenging terrains. The company's solutions aim to enhance connectivity and bridge the digital divide, ensuring that underserved regions can attain high-speed internet services.

Mangata Networks

Debt Financing in 2022
Mangata is a telecommunication company that specializes in satellite and wired communication services. It was founded in 2020 and is headquartered in Phoenix, Arizona.

Sofant Technologies

Venture Round in 2022
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

M2M Cloud

Grant in 2022
M2M Cloud is an internet of things (IoT) company delivering device to cloud solutions.

Mangata Networks

Series A in 2022
Mangata is a telecommunication company that specializes in satellite and wired communication services. It was founded in 2020 and is headquartered in Phoenix, Arizona.

Sofant Technologies

Venture Round in 2021
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

Optoscribe

Debt Financing in 2020
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Sofant Technologies

Venture Round in 2020
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

Optoscribe

Venture Round in 2020
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Sofant Technologies

Venture Round in 2019
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

QueryClick

Venture Round in 2019
QueryClick optimizes multi-channel marketing campaigns for brands using proprietary attribution forecasting technology. This machine-learning based approach simulates billions of future outcomes, enabling consultants to proactively identify strategy adjustments across channels in near-real-time. The company offers services including paid and organic search, programmatic display, conversion rate optimization, social campaigns, content, and insights.

Optoscribe

Series C in 2018
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Sofant Technologies

Venture Round in 2018
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

Optoscribe

Series B in 2017
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Sofant Technologies

Venture Round in 2016
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

Optoscribe

Series A in 2016
Optoscribe Limited, established in 2010 and headquartered in Livingston, UK, specializes in developing and manufacturing innovative 3D light waveguides for optical telecommunications markets. The company offers a range of products including ultra-low crosstalk multicore fiber fanout devices, channel devices, 3D MMux photonic lanterns, and FCX glass interfaces. These solutions facilitate connections between various types of fibers such as single-mode, multi-mode, multicore, and few mode fibers. Optoscribe's unique selling proposition lies in its proprietary 3D glass-based photonic integrated circuit platform, which enables compact and robust optical interconnects, reduces assembly costs, and supports advanced space division multiplexed transmission. The company caters to a wide array of communications applications, addressing fiber density issues as data transfer speeds increase from 400Gb/s to 800Gb/s and beyond. Optoscribe's products are designed to meet the stringent needs of communications markets, with proven manufacturing processes ensuring scalability and reliability.

Sofant Technologies

Venture Round in 2015
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

Sofant Technologies

Seed Round in 2013
Founded in 2011, Sofant Technologies specializes in designing and licensing smart antenna and tunable RF solutions for smartphone and tablet manufacturers. Its offerings include compact smart antenna solutions, tunable impedance matching modules, RF MEMS capacitors, and phase shifters, aiming to enhance performance while reducing power consumption and heat.

Conjunct

Series C in 2011
Conjunct Ltd. is a company based in Livingston, United Kingdom, that specializes in designing and developing advanced transceiver modules utilizing Fibre-Lyte technology for high-speed optical communications. Established in 2004, Conjunct's innovative Fibre-Lyte glass substrate technology encapsulates optical waveguides, enabling the production of specialized thin film metallization. The company offers a range of products, including 4x25G and 4x10G transceiver modules, as well as 300G and 400G transceivers, which are applicable in various fields such as active optical cables, data storage, high-performance computing I/O interfaces, and ASIC/FPGA optical interfaces. Additionally, Conjunct provides Dynamic Serial Optical Interconnect (DSOI) solutions that facilitate the integration of optics into FPGA-based systems, serving diverse applications from cable extension to digital cinema. The company also extends its expertise through transceiver design and consultancy services, contributing to enhanced connectivity in storage area networks, local area networks, and network-attached storage systems.

CST Global

Venture Round in 2009
CST Global provides both a custom foundry service, as well as a range of high-volume, standard laser products for the optical communications markets. They are an active partner in the UK and European, Technology Consortium Programme.

Exterity

Venture Round in 2008
Exterity is a provider of enterprise-class building IPTV solutions, established in 2001. The company offers products that enable organizations to distribute broadcast-quality digital TV and video over IP networks, allowing for centralized management and control. With a presence in 29 countries and a customer base exceeding 1,000, including major global corporations, Exterity's solutions cater to a wide range of applications. The services also encompass digital signage, leveraging video to communicate, educate, and entertain effectively. By facilitating the distribution of large volumes of content to numerous endpoints, Exterity ensures high system performance and reliability, making it a key player in the digital media landscape.

Exterity

Venture Round in 2006
Exterity is a provider of enterprise-class building IPTV solutions, established in 2001. The company offers products that enable organizations to distribute broadcast-quality digital TV and video over IP networks, allowing for centralized management and control. With a presence in 29 countries and a customer base exceeding 1,000, including major global corporations, Exterity's solutions cater to a wide range of applications. The services also encompass digital signage, leveraging video to communicate, educate, and entertain effectively. By facilitating the distribution of large volumes of content to numerous endpoints, Exterity ensures high system performance and reliability, making it a key player in the digital media landscape.

i-design Multimedia

Series B in 2005
i-design Multimedia specializes in self-service customer engagement solutions tailored for the banking sector. The company's flagship software, Joono, allows banks and ATM operators to effectively communicate targeted marketing messages to customers across various digital platforms, including ATMs, self-service machines, mobile devices, and plasma screens. By focusing on software development and interface design, i-design Multimedia aims to deliver innovative and future-proof services that enhance customer interaction within global banking networks.
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