Scottish Enterprise media centre

A joint initiative between Japan and Scotland, formed two years ago, will see almost £21million invested into underwater technology projects to promote economic growth opportunities in the Blue Economy.

Invizius, the Univerity of Edinburgh spin-out whose technology could help reduce the high death rates amongst dialysis patients, has raised £2.75m from a consortium of investors.

Responding to EY's latest Attractiveness Survey that shows Scotland has attracted the highest number of projects to small towns, communities and villages compared to rest of the UK, Charlie Smith, Managing Director of International Development, Strategy and Technology at Scottish Enterprise, said:

Intelligent Growth Solutions Ltd (IGS), the Scottish-based indoor AgriTech and Commercial Lighting business, announced today a further raise of £1.6 million in the second and final close of its Series A funding. The £1.5 million received from globally established agri-investor Ospraie Ag Science (OAS), coupled with an additional £100k from Agfunder, brings IGS’s total Series A fundraise to £7 million.

Glasgow-based Sciencesoft creates reservoir simulation software solutions and has been awarded £670,000 of SMART:SCOTLAND grants from Scottish Enterprise towards the development of new tools to support clients in the oil and gas industry.