Bank supports Mironid with £8.4m in race to commercial success
Mironid, a Glasgow-based biopharmaceutical company, employing 16 staff including scientists, has secured an £8.4m equity investment from the Scottish National Investment Bank. This gives the company further breathing space to...
Drax boss says grid connectors should pay for renewable hold-ups
The operators of the Britain’s national grid should be made liable for damages over delayed upgrades to the electricity network, the owner of the Cruachan hydro-electric power plant in the...
Tech fund startup programme Round One ready to tackle ‘sleeping giant’ of Scottish economy
Applications have opened for Round One, an investment readiness programme for pre-seed technology startups in Scotland.The programme’s founders believe Scotland’s startup ecosystem is a sleeping giant: home to world-class talent,...
Real-time hormone tracker raises £1.2m to tackle women’s health
An Edinburgh spin-out able to measure human hormone levels in real time has secured £1.2m to investigate women’s hormone-related conditions and support better diagnosis and treatment. Kāhu SiliconBio, founded by scientists...
STRATEGY SHIFT: Investment Bank prepares new ground for housing and tech growth in Scotland
Scotland’s National Investment Bank will use its financial heft to face into the housing emergency, helping to build more homes across the nation.The Bank, which published its investment strategy and...
THE BIG READ: How a Scottish firm secured iconic James Bond brand – and restored its greatness
Scotland has the sovereign capability to become one of the world’s leading advanced manufacturing nations, particularly in green precision engineering and industrial manufacturing across defence, automotive, agriculture, space tech, and...
HEALTHY FINANCE: Lothian Pension Fund’s £11bn delivers strong growth for 39,000 public sector retirees
Scotland’s second-largest local government pension scheme, Lothian Pension Fund, with over £11.1bn in assets under management, has achieved an investment return of 8.7 per cent, with three and five-year annualised...
Ticketing start-up gains £250,000 angel investment to take on major event players
Forumm, a Scottish ticketing and event technology start-up, has secured £250,000 from an angel investor network which values the business at £2.25m.The funding round, secured under the Enterprise Investment Scheme...
FIRST CLASS HONOURS: Edinburgh University top of the league for Scottish spin-outs
The University of Edinburgh has emerged as Scotland’s most active spinout institution. With graduands collecting their degree scrolls over the next two weeks, many more university leavers will be considering...
COUNTDOWN: Space tech radar firm, Sofant Technologies raising funds as it aims for stars
An Edinburgh-based technology company which has invented micro-radio transmitters and receivers for aviation and space satellites is one of Scotland’s most exciting new generation companies.Sofant Technologies is now raising new...