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 TMT
Moblyze
Seed Round in 2025
Moblyze is a pioneering talent marketplace application tailored specifically for the energy sector. It connects skilled freelance workers with local projects, facilitating a streamlined process for both job seekers and project managers. Users can register and create profiles, allowing them to manage their careers efficiently from a single platform. By focusing on the energy transition, Moblyze addresses the unique workforce needs of this evolving industry, ensuring that companies have access to the right talent while providing freelancers with opportunities that align with their skills and expertise.
Triyit
Venture Round in 2024
Triyit Ltd. is a UK-based company that specializes in test marketing services, enabling brands to gather valuable feedback on products from their target audiences prior to launch. Established in 2016 and located in Paisley, Triyit operates a product discovery club that offers consumers the opportunity to try a curated selection of new products at no cost. The platform not only facilitates in-home sampling but also provides detailed product descriptions and insights into lifestyle preferences. This approach allows consumers to discover products that suit their needs while assisting brands in analyzing and refining their marketing strategies for improved market reach and growth.
SMASH
Seed Round in 2024
SMASH is a digital platform that offers a comprehensive suite of tools for content creators to develop and enhance their pitch presentations. Its features include a Pitch Builder for creating presentations, a Pitch Protector to safeguard intellectual property, and a Sales Estimator to help users formulate realistic budgets. Additionally, the platform includes a Talent Discoverer to connect creators with industry professionals and Smart Contracts to streamline agreements. By facilitating the sharing, tracking, and editing of presentations, SMASH enables creators to adapt their projects as they progress and effectively engage with decision-makers in the film industry.
WhiteHaul
Grant in 2023
WhiteHaul is a technology company specializing in telecommunications. It operates a system that enables Internet Service Providers (ISPs) to deliver gigabit-capable broadband speeds to users, even over long distances and challenging terrains. The company's core technology involves spectrum aggregation, which facilitates high-speed, long-distance backhaul links. This allows ISPs to provide affordable internet access, particularly in rural areas.
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.
KubeNet
Grant in 2022
KubeNet is a technology and communications solutions provider, offering a range of services including managed IT, cloud solutions, cybersecurity, voice services, and essential business technology. Their focus is on enhancing clients' operational efficiency and security. KubeNet fosters a talent-driven culture, aiming to empower and assist employees in achieving their professional goals.
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.
Optoscribe
Debt Financing in 2020
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.
Optoscribe
Venture Round in 2020
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.
QueryClick
Venture Round in 2019
QueryClick is a digital marketing agency that specializes in enhancing the return on investment for brands through its innovative technology and data-driven insights. It addresses the challenges faced by brands lacking effective attribution models and those concerned about ad viewability. Utilizing machine learning and historical data, QueryClick's unique attribution forecasting technology simulates billions of potential outcomes, allowing its consultants to recommend real-time adjustments to clients' marketing strategies. This capability enables clients to optimize their multi-channel marketing efforts, including paid and organic search, programmatic display, social campaigns, and conversion rate optimization. QueryClick's clientele includes notable brands such as New Look, EE, BT Group, and Tesco, reflecting its ability to deliver measurable improvements in channel performance through its proprietary optimization techniques.
Optoscribe
Series C in 2018
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.
Optoscribe
Series B in 2017
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.
Optoscribe
Series A in 2016
Optoscribe Limited is a company based in Livingston, United Kingdom, specializing in the development and manufacturing of 3D light waveguides for the optical telecommunications sector. Founded in 2010, Optoscribe provides innovative solutions, including ultra-low crosstalk multicore fiber fanout products that facilitate connections between single-mode and multi-core fibers. Its unique 3D glass-based photonic integrated circuit platform is tailored for custom transceiver fiber coupling, addressing the challenges posed by various optical transceiver architectures. This platform enhances the compactness and robustness of optical interconnects, significantly improving data transfer capabilities across networks while minimizing costs. Optoscribe's products support advanced fiber technologies, including Single Mode, Multimode, and Multicore Fibers, and are designed for seamless integration into diverse communications applications. The company's manufacturing processes allow for scalability and are engineered to meet the rigorous demands of the telecommunications market.
Conjunct
Series C in 2011
Conjunct Ltd. specializes in the design and development of advanced optical communication technologies, particularly focusing on Fibre-Lyte technology, which utilizes glass substrates to encapsulate optical waveguides and enable high-speed data transmission. The company produces a range of transceiver modules, including Fibre-Lyte 4x25G, 4x10G, 300G, and 400G models, which are applicable in various systems such as active optical cables, data storage, high-performance computing interfaces, and optical connections for FPGA systems. Additionally, Conjunct offers Dynamic Serial Optical Interconnect (DSOI) products that facilitate the integration of optical technology into various devices and applications, including servers and multi-protocol switches. The company, incorporated in 2004 and based in Livingston, United Kingdom, also provides transceiver design and consultancy services, contributing to efficient connections in storage area networks and local area networks.
Ciqual
Seed Round in 2011
Ciqual is a company that enhances customer insight for mobile operators through its innovative Session Insight system. This system provides a real-time and dynamic view of mobile broadband services and user experiences, allowing operators to improve service performance and customer care. Founded in 2007, Ciqual works with some of the largest mobile operators and device manufacturers worldwide. The company's on-device application measures the actual quality of experience for users by correlating data from the network, device, and service availability. This capability enables mobile operators and enterprises to address individual customer issues effectively, thereby revolutionizing the mobile customer experience.
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.
Ciqual
Venture Round in 2009
Ciqual is a company that enhances customer insight for mobile operators through its innovative Session Insight system. This system provides a real-time and dynamic view of mobile broadband services and user experiences, allowing operators to improve service performance and customer care. Founded in 2007, Ciqual works with some of the largest mobile operators and device manufacturers worldwide. The company's on-device application measures the actual quality of experience for users by correlating data from the network, device, and service availability. This capability enables mobile operators and enterprises to address individual customer issues effectively, thereby revolutionizing the mobile customer experience.
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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