News
Biotangents set to revolutionise dairy farming industry as investment round announced
Technology developed by Scottish biotech Biotangents, which has announced its latest investment round, is set to revolutionise the dairy farming industry with the world’s fastest on-farm, point-of-care diagnostic device aimed at addressing disease in dairy cows. Bovine mastitis alone is estimated to cost the global dairy farming industry around £20 billion every year, costing the average UK dairy farm up to £25,000 per annum.
Scottish biotech secures £2.3 million investment
Biotangents has secured £2.3m in a funding round led by Eos and British Business Investments, alongside existing investors Kelvin Capital and Scottish Enterprise and will commence on-farm trials across the UK and internationally later next year.
Based on the Pentland Science Park in Midlothian Science Zone, the innovative animal health diagnostics company claims to be developing the world’s fastest on-farm, point-of-care diagnostic device for addressing disease in dairy cows.
Source: Business Insider
Call to ‘turn up the dial’ as Edinburgh University unveils record-breaking stats
Edinburgh University’s commercialisation arm has unveiled record-breaking annual results including the launch of 127 companies.
The latest report also shows that Edinburgh Innovations filed 140 patents during the financial year 2023/24, while £141 million was invested into university-associated companies.
Source: The Scotsman
Cream of Scotland's dealmaking community celebrated at inaugural awards in Edinburgh
Scotland's finest corporate financiers, accountants, bankers, funders, lawyers and mergers and acquisitions professionals have been celebrated at the Scotland Dealmakers Awards in Edinburgh.
The Dealmaker of the Year was Kerry Sharp at Scottish Enterprise whose team invested £52 million into more than 100 companies over the year, leveraging in additional funding of £152m from private sector investors.
Source: Business Insider
W2W aims to increase Scottish female angel investor numbers
Scotland’s first all-female business angel syndicate, Investing Women Angels (IWA), and its sister organisation AccelerateHER have launched a new initiative designed to attract more businesswomen into angel investing – an imperative in addressing the equity gap between male and female-led companies.
Japan trade envoy shows Scotland aims high in investment
"Scotland is open for business. We have phenomenal talent, abundant natural resources and a world-renowned reputation for innovation on which to capitalise." says Minister for Business, Richard Lochhead, on the appointment of Scotland's first trade envoy to Japan.
Source: The Herald
Six business-academic collaborations get funding green light
Two alternative protein ventures and an educational digital children’s game about business are among the research and development projects awarded funding through the Scottish Inward Investment Catalyst Fund (IICF).
Source: Business Insider