News
Scottish Secretary focusses on jobs and investment in USA visit
Jobs and investment in Scotland will be top of the agenda today [Thursday 3 April] when Scottish Secretary Ian Murray, Lord Mayor of London Alastair King and Scottish Financial Enterprise Chief Executive Sandy Begbie meet key sectors in a series of meetings in New York during Tartan Week.
Scottish Biotech Innovator Secures Up To £1.1 Million Investment From Scottish Enterprise
Green Bioactives, a leader in the sustainable production of plant-based natural products through its proprietary Plant Cell Culture Technology platform, has secured grant of up to £1,097,016 from Scottish Enterprise. The grant will support an 18-month research and development initiative focused on the production and initial scale-up of natural products that are derived from plant cell culture, which will enable Green Bioactives to supply customers in waiting in the cosmetic and personal care industries.
Edinburgh aerospace firm backed for expansion
An aerospace technology firm has secured a £500,000 investment to accelerate its development of space launch guidance systems.
Backed by Kelvin Capital, Gabriel and Scottish Enterprise, Edinburgh-based Aurora Avionics is now looking to hire new engineers, grow its operations at the Royal Observatory and further advance its technology.
Source: Business Insider
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.