News

Metacarpal – a startup behind what is thought to be the world’s first mechanical bionic hand – has secured £800,000 in seed funding to accelerate its prosthetics development and improve the lives of amputees.

HALO Invest, a wholly owned subsidiary of Sydney-headquartered fintech firm HALO Technologies, has announced its intention to set up a new operations and development centre in Glasgow and create more than 60 jobs over the next two years.

Pathways Forward has announced its second cohort of Pledge partners, with Converge, The Open University in Scotland, Royal Bank of Scotland, Scottish Enterprise, SIS Ventures, Social Investment Scotland, South of Scotland Enterprise, and the University of Strathclyde committing to actionable steps aligned with the principles set out in the Pathways report.

Green Bioactives (GBL), a pioneering world-class company in the discovery, development and sustainable production of high value plant-based products, is delighted to announce that it has been awarded a £100,000 Scottish Enterprise SMART grant.

AI Fintech Aveni.ai has announced one of the largest Series A investments in a Scottish business this year, amounting to £11 million. The investment is led by Puma Private Equity with participation from Par Equity and financial services industry leaders: Lloyds Banking Group and Nationwide.

Scottish Enterprise is launching a new support programme for businesses ready to undertake capital investment but looking to develop leaders, change business processes as well as improve digital systems to maximise impact. 

Six weeks on from being officially opened for business, Forth Green Freeport (FGF) is now well into the process of working to attract businesses, jobs and investment.

Deputy First Minister of Scotland Kate Forbes today joined Scottish Enterprise Chief Executive Adrian Gillespie to announce an £8 million grant contribution to the construction of the University of Dundee’s Life Sciences Innovation Hub during a visit to the site.

Scottish Enterprise providing £1.5 million grant towards almost £9 million company investment

Scottish Enterprise is launching a new £35million Manufacturing Property Challenge Programme for prospective developers of manufacturing property to create 1,000,000sq.ft. of new industrial space to increase innovation and Scotland’s attractiveness to inward investors.

More businesses invest in Scotland as confidence continues to grow

Glasgow’s first Venture Studio dedicated to developing innovation-driven enterprises has been launched by the Glasgow City Innovation District (GCID). The project is supported by Glasgow City Council and funded by the UK government through the UK Shared Prosperity Fund.