News

OGI Bio, a leading Scottish biotechnology company, has secured follow-on funding of £650,000 in a deal led by TRICAPITAL Angels and supported by Scottish Enterprise, Merleview, Apollo, and Old College Capital to accelerate the company's growth and expansion in the UK, EU, and US biotechnology sectors.

Sofant Technologies, the Edinburgh-based wireless technology pioneer, can today announce it has successfully raised £3.4 million in additional funding.

After 7 years of scientific development, CuanTec, the Scotland-based bio-science company, announces the start of production of high-quality Chitosan at its manufacturing facility in Glenrothes, Scotland. Cuantec’s customers will benefit from high-quality products made from sustainable raw materials with the added support of a highly skilled workforce.

Startup secures major backing to pioneer universal rocket control systems

35 businesses with high-growth potential are celebrating today after winning shares of a £1.5 million prize pot at last night’s Scottish EDGE award ceremony.

Heero Technologies^TM, the high-growth clean tech software and data company based in Dundee, has secured £230,000 of bridge financing from existing lead investor TRICAPITAL Angels Limited and Scottish Enterprise, ahead of a planned Series A funding round.

A new census commissioned by Scottish Enterprise has revealed the national economic development agency is on track to meet the Scottish Government target of growing Scotland’s employee-owned business (EOB) community to 500 companies by 2030

A new campaign by Scotland’s national and international economic development agency Scottish Enterprise aims to alert businesses – particularly SMEs - to potential supply chain opportunities in the energy transition sector.

Following today’s (Tuesday, 14 May) announcement that Sumitomo Electric Ltd. has broken ground on its new £350m subsea cable manufacturing plant at Port of Nigg on the Cromarty Firth, the Chief Executives of the enterprise agencies supporting the company have welcomed this significant milestone for Scotland’s offshore wind supply chain.

Simon Howie Butchers Ltd has completed a £2m sustainability project at its factory with £500,000 of grant support from Scottish Enterprise 

Nami Surgical, which is aiming to transform the robotic-assisted surgery market with a breakthrough ultrasonic platform, has secured £3.2 million of investment and grant funding

Nebu-Flow has secured an additional £4.7 million of investment to accelerate the next generation of inhaled drugs for patients with respiratory disorders, which are the main cause of death and disability worldwide.  The company’s nebuliser platform has been developed to provide a number of advantages over existing technologies. Overall, the worldwide inhalable drug market was valued at approximately $33 billion in 2023, with the nebuliser market valued at over $1 billion.