News
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
Investment Fund for Scotland surpasses £10 million in its first year
The British Business Bank’s Investment Fund for Scotland has committed more than £10m of funding to smaller businesses in Scotland during its first 12 months.
This anniversary comes as Midlothian Science Zone-based Ingenza, a biotechnology research business, has secured funding for expansion which will double its capacity and create up to 20 new jobs.
Source: Business Insider
Scotland continues to spearhead green job creation
Scotland continues to lead the way in the creation of green jobs, with new data showing the number of green roles advertised has tripled since 2021. The fourth iteration of PwC’s Green Jobs Barometer sees Scotland take the top spot again for the highest proportion of green job adverts of any of the UK’s nations and regions; at 5.6%.
Source: Business Insider
More lab space is needed to support Scotland's life sciences boom
Scotland, particularly the central belt, is a powerhouse of life sciences talent. This region boasts a rich synergy between companies, universities, colleges and networks, fostering a collaborative environment that drives innovation. However, a significant challenge threatens to stifle this burgeoning sector, the acute shortage of suitable lab space.
Source: The Scotsman
Midlothian showcased in Commercial Properties Monthly
Midlothian is featured in the November issue of Commercial Properties Monthly, showcasing everything that makes it a great, green place to grow your business.
Cytomos secures £5 million for scale-up
Midlothian-based biotechnology company Cytomos has secured £5 million to scale up production of its cell analysis technology.
Cytomos said that the investment will enable it to drive sales of its first commercial product, Celledonia™, built on its cell analysis technology platform, AuraCyt, which is “already generating significant market traction.”
Cytomos secures £5 million of scale-up investment
Cytomos has raised £5m to scale up production of its cell analysis technology.
New investment will allow the Edinburgh-based biotechnology company to drive sales of its first commercial product, Celledonia, built on its cell-analysis technology platform AuraCyt.
Source: Business Insider
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
New report launched on potential interventions to tackle foodborne pathogens on livestock farms
A new report has been launched looking at the risk factors for foodborne pathogens on livestock farms and the potential interventions that may be applied to reduce the risks. The report has been produced by Moredun Research Institute and commissioned by Food Standards Scotland and Scottish Government.
Veterinary diagnostics company opens new US lab
MI:RNA is accelerating its growth plans with the opening of a new laboratory in the United States.
The veterinary diagnostics company using cutting-edge technology and science to transform animal health diagnosis, and which originally spun out of SRUC, has secured $4 million in Series A funding.
Source: Business Insider