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Over £1 million for transport decarbonisation challenge funds

The Scottish Government is providing up to £1.1 million through two new decarbonisation challenge funds in a partnership approach with Scottish Enterprise, facilitating the process through the Can Do Innovation Challenge framework and competition.

Kevin Quillien and Allan Cannon, R3-IoT

Space technology start-up R3-IoT plans international expansion after securing £3.1m investment

Satellite-enabled connectivity start-up, R3-IoT is gearing up for international expansion after closing a £3.1million ($4.3m) seed investment round led by US-based VC Space Capital, joined by the Scottish National Investment Bank.