News
Edinburgh and south east Scotland innovation action plan unveiled
A new action plan, which puts business growth and innovation at the forefront, has been launched.
Developed by Innovate UK, Edinburgh and South East Scotland City Region, and Scottish Enterprise, the proposals aim for a resilient and investment-attractive economy by leveraging regional capabilities.
Source: Business Insider
TRICAPITAL Angels leads £2.1 million investment into Scottish insect genetics firm Beta Bugs
Pioneering Scottish business Beta Bugs has secured a multimillion-pound investment as it looks to become a global leader in insect genetics.
TRICAPITAL Angels led a £1.7 million investment into the business in 2023 – and has now followed up with a fresh £2.1 million cash injection alongside Scottish Enterprise.
Scottish biotech company secures £3.4 million
Scottish biotech engineering company uFraction8 has secured £3.4m in new investment, following the completion of a funding round led by Foresight Group.
Based in Falkirk with a fully-owned subsidiary in Poland, uFraction8’s microfiltration technology is designed to optimise cell and biomass production, offering an energy-efficient alternative to traditional methods used in the production of food, feed and bio-based products.
Source: Business Insider
Angel syndicate Tricapital's record year provides backing for 500 Scottish jobs
A Scottish business angel syndicate has helped to create and secure more than 500 jobs thanks to its record investment programme.
Tricapital Angels has completed 18 deals over the past 12 months, with its high-net-worth members pumping more than £3.5 million of their own money into some of the country’s most innovative companies.
Source: The Scotsman
New Scottish EDGE Awards to Help Drive Economic Change
Applications for round 25 of Scottish EDGE Awards will be accepted until the 27th February. The live final is scheduled for 9th May.
Scottish EDGE, the business funding competition, has joined forces with Techscaler and Scottish Enterprise to help drive economic change in Scotland with the introduction of two new awards.
Source: DIGIT
Launch of a New Digital Trust Centre of Excellence in Scotland
Leading financial and technology experts have set up a new Digital Trust Centre of Excellence in Scotland to make the digital world safer and more secure.
Source: The Scotsman
Funding boost for fertility technology
Dyneval, a pioneering agriculture fertility technology company has raised £515,772 in a new funding round, including investment from Lifted Ventures, to advance its groundbreaking product, the Dynescan.
The Dynescan is the first semen analyzer capable of measuring semen quality over time under conditions mimicking the reproductive tract.
How Edinburgh pioneer behind 'holy grail' gene therapy technology raised £3 million
An Edinburgh-based biotech pioneer behind technology described as the “holy grail for emerging gene therapies” has been given a £3 million funding injection.
Concinnity Genetics - co-founded by Jessica Birt and Matthew Dale - has developed novel control mechanisms using a cutting-edge artificial intelligence (AI) platform and its synthetic biology expertise.
Source: The Scotsman
Heriot-Watt launches spin-out detecting bugs in water supplies
Technology to improve the safety of public water supplies by improving the detection of waterborne pathogens has been developed by scientists at Heriot-Watt University.
Now they are setting up a spin-out company, Aquazoa, to take their system to market, and expect to commercialise the product in early 2026.
Source: Business Insider
US robotics and AI pioneer opens research base in Scotland
Scottish Enterprise has supported Los Angeles-based Launchpad Build Inc to open a global research and development hub in this country.
The new R&D hub will drive the development of Launchpad’s proprietary advanced robotics technology, Digitool, which aims to transform global manufacturing by reducing production costs and time to market.
Source: The Herald