Accessing finance and attracting investment
Companies we have supported
Companies we've supported
We work with a diverse range of companies in different sectors and at different stages. Some of our investee companies are shown below. Contact us to learn more about the investment and support we offer to companies, or about investing in Scottish businesses.
Food and drink

Isle of Harris Distillery, the ‘Social Distillery’, opened in October 2015. It was funded by equity and grants of £11.2 million including £1.5 million of SIB equity. Its successful growth since then reflects its award winning Gin and its welcome to 90,000 guests every year.

NCN'EAN is a young, independent, organic whisky distillery on the west coast of Scotland. The company exists to create experimental spirits and pioneer sustainable production. Its Botanical Spirit was acclaimed as a top 10 spirit launch of 2018.

The drop that makes the dram. Spring waters in miniature glass bottles from private wells and whisky distilleries in the Scotch Whisky Regions - chemically unique waters for adding to whisky, for greater appreciation.

Built by Morrison Glasgow Distillers and opened in 2017, The Clydeside Distillery is the first operational whisky distillery in Glasgow’s city centre for over 100 years and will produce a high-quality Lowland Single Malt Scotch Whisky.

Holyrood Distillery and Visitor Centre is the first to open in Edinburgh in almost 100 years. The company produces whisky and a range of gins with a focus on flavour in its 19th century railway building on the edge of Holyrood Park.

Born in 2016 with a mission to revive the art of brewing in Dundee. Crafting seasonal beers inspired by progressive new world flavours and traditional European classics, the company makes beers packed with flavour, character and extreme drinkability.

CCB includes: Alechemy Brewing, Keith Brewery, Brewmeister Beers, Spey Valley Brewery, Speyside Spirits, Snake Venom, Firkin Express, and Froth and Flame. By keeping it craft, the company makes great beer and spirits that are loved globally.

Flavourly is an e-commerce business on a mission to bring craft beer to the masses. It does this by collaborating directly with top craft brewers to bring its customers exclusive, high-quality and great-tasting craft beers that are super-fresh and delivered at unbeatable prices.

New Wave Foods (SHORE The Scottish Seaweed Co.) is a leading supplier of quality seaweed. The company sustainably harvest from remote and rugged Scottish coasts and create innovative retail products with seaweed as the star ingredient.
Creative industries

Blazing Griffin is a digital entertainment company based in Glasgow, driving innovation at the dynamic intersection between film, television, games and post production.

Pufferfish are global leaders in spherical display technology. The company challenge flat technology by opening up a world of possibilities for better communication and engagement with its captivating, interactive PufferTouch systems and stunning digital content.

Skoogmusic make musical instruments that anyone can play. The company is on a mission to bring music-making to the masses. Retailed globally by Apple and Amazon, its latest products, Skoog 2.0 and Skwitch, come with a range of free apps to enable music-making, coding and accessibility for everyone.

The List sources, manages and distributes the UK’s largest set of live events data using proprietary IP. Alongside its own publishing activities, it provides the information to travel operators, media groups, and smart cities.

Personalised maths and spelling practice that pupils love. Sumdog is proven to accelerate progress. Aligned to all major curricula for ages 5 to 14, it engages pupils with effective differentiation and multi-player games.
Financial services

encompass automates information and news discovery for Know Your Customer requirements for client onboarding, event-driven refresh and remediation, ensuring robust regulatory compliance and reputation management.

The ID Co. is a global FinTech, helping businesses like lenders to onboard their customers by removing friction caused during the application process by the current challenges of risk, compliance, fraud, and regulation.
Business services

Everyone you know has had their life touched by X-ray imaging. Adaptix is reinventing the X-ray source, transitioning from a single tube to a flat panel array of emitters, allowing low-dose 3D imaging to be brought to the bedside in a low-cost system with no moving parts.

Adimo makes marketing shoppable and measurable for the world’s biggest advertisers. It's a frictionless path to purchase that lets shoppers in any country put the brands they see into their basket, to buy when convenient.

Administrate is training and learning management software delivered from the Cloud and designed to manage your entire training operation. Administrate is built to help you plan all of your training activities and resources.

Appointedd enables businesses to take bookings from their websites. More than just an online booking tool, Appointedd is an omnichannel engagement solution that uses CRM and more, to convert online visitors to in-person interactions.

Bellrock Technology is an artificial intelligence company that helps corporates use data to increase profitability. Its proprietary tech, Lumen®, uses patented AI to enable companies to gain insight and take better decisions.

Blackford provide a single platform to quickly access and manage a curated marketplace of regulatory approved medical image analysis applications and AI algorithms that add clinical value.

Bluebox’s award-winning in-flight entertainment platforms offer airlines the latest technology in iPad-based and wireless IFE solutions, providing options for service enhancement, service recovery, accessibility, and ancillary revenue generation.

Fios Genomics provide bioinformatics analysis services to pharmaceutical and biotechnological companies, CROs and academia. We support drug discovery and development and applied research across all species.

Firefish is a recruitment software platform that helps recruiters reach, engage and recruit top candidates ahead of their competitors. The company combines your CRM and ATS, with your website and marketing, to streamline the recruitment process and make more right-fit placements.

My1Login is the UK’s leading, most widely-compatible, award-winning enterprise identity and access management solution. It enables organisations to mitigate password-related, cyber-security risks, control user identities and meet critical compliance obligations.

Neatebox promotes positive societal change through the provision of technological solutions improving the lives and efficiency of both disabled people and those tasked to provide them with services.

Reactec addresses health and safety risk monitoring and management using hardware sensors and DaaS data solutions. Its cloud-based analytics platform presents data from wearable sensors so employers know individual employees’ location and exposure to noise, hand-arm vibration from power tools and lone worker hazards.

SnapDragon is a brand protection company fighting online fakes. Its proprietary Swoop software monitors the world’s busiest marketplaces for items which infringe clients’ intellectual property, protecting brands and consumers.

Trig Avionics provides innovative, certified avionics to aircraft owners and operators globally. Trig’s ‘Better by Design’ philosophy ensures products are simple to use and provide pilots with features that really matter.

Oodls is a responsive web app that makes public Instagram content searchable, through filters powered by artificial intelligence. The company give back the precious time businesses spend looking through social media noise for quality, authentic content. Oodls also makes it possible to avoid the lengthy process of gaining user permission, through automation at a click of a button.

Cloudsoft is an application management software and cloud services company based in Edinburgh. It helps customers deploy and manage the applications that drive their businesses using cloud including migrating, automating operations and optimising.

The next generation of lone worker protection. Pick Protection's range of tailored safety solutions include apps, dedicated devices and Bluetooth button.

Arrayjet is a specialist biological inkjet printing and contract research/manufacturing company providing instruments and services to researchers, drug development groups and diagnostic companies worldwide.
Enabling technologies

Greengage is committed to solving the increasing challenges in poultry and swine farming by applying the science of light, academic research and the latest technology to a range of LED lights, IoT sensors, web apps and analytics.

Chromacity is a leading supplier of ultrashort pulsed fibre lasers, tunable across the infrared and mid infrared. The company has fused solid-state and fibre-based technology to create a range of game changing systems that offer the best of both worlds. Its robust, compact products offer an efficient, intuitive, versatile and more affordable solution.

Conjunct has created technology which allows data communications and telecommunications systems to transmit data at rates previously unachievable.

Cyan Forensics builds and sells new technologies to help law enforcement, social media companies, and cloud providers to find and block harmful content from paedophiles and terrorists.

M Squared is a developer of photonic and quantum technologies that enable new applications and industries - addressing some of society’s greatest challenges.

Sofant’s smart antenna technology reduces the cost, power consumption and complexity of SatCom and 5G end user and networking equipment, while improving performance and simplifying design.

Pacla Medical has developed BackHug, a smart new self-service device designed for offices, gyms, hotels and other locations where users can book sessions on them with an App – from £3 (like Uber for massages).

pureLiFi are world leaders and inventors of LiFi which will revolutionise wireless communications and deliver unprecedented bandwidth. LiFi turns light into high-speed, secure wireless communications, overcoming challenges of RF

GSI is an earth observation analytics company providing near real-time asset intelligence. It enables critical discoveries and decisions to be made on natural and man-made assets that mitigate risk and maximise asset performance.

IES deliver technology that reduces the carbon emissions of buildings and cities worldwide. Its ultimate aim is to see that technology used by every building of every city to secure a healthy, sustainable and resource-efficient future.

iOpt sensors and analytics enable organisations such as councils and social housing providers to monitor their property environments. The aim is to protect the health of the asset and the tenant from issues such as mould growth.

Coach Logic is a collaborative video analysis platform that guarantees time saving and player engagement through targeted distribution of key coaching points. Coach Logic users can analyse a full match together in less than 10 minutes.

Speech Graphics’ software produces high-quality facial animation from audio alone, with no need for motion capture. Speech Graphics has won several awards for its speech-driven animation technology, including the prestigious John Logie Baird Award for innovation.

Dimensional Imaging Ltd (DI4D) provides high fidelity '4D' facial performance capture services, systems and software, for visual effects in movies, television, video games, VR and advanced research applications.

Curo is a market leading provider of SaaS based compensation management and pay equity analytics software. The company sells to enterprise clients globally, both directly and through a growing network of partners

Calnex Solutions design, produce and market test instrumentation for the global telecommunications industry. Addressing multiple market segments, it has over a decade of experience in the test and measurement industry, producing high-end solutions that are as innovative as they are effective.

NCTech is a market-leading provider of 360 degree imaging technology with proprietary artificial intelligence and machine learning capabilities. Its data sets are used around 30 million times per month.

IGS is an agritech innovator. Its vision is to bring commercial viability to the vertical farming model by improving productivity (yield, quality, consistency) and driving down the cost of power and labour through Total Controlled Environment Agriculture (TCEA).

Leading higher education technology provider, GeckoEngage, offers live chat, chatbot and event management solutions. GeckoEngage works with universities and colleges to streamline the process of acquiring and retaining students.
Renewable energy

Berwickshire Community Renewables (BCR) have developed a three turbine 7.5MW wind farm. All profits will be used for charitable/community purposes, delivering in excess up to £30 million surpluses, over the life of the project, for social housing and other community benefits.

Callander Community Hydro Ltd has developed a 425kW hydro scheme in the Loch Lomond & Trossachs National Park. The project will provide the trust with a sustainable income which will support a range of community projects.

The community-owned Coimhearsnachd Bharraidh agus Bhatarsaidh Ltd aims to support community development on Barra and Vatersay. The company owns and operates the 900kW turbine at Gob Sgurabhal, at the north tip of Barra.

EC-OG are specialists in subsea energy generation and storage. Based in Aberdeen, EC-OG are at the forefront of subsea engineering and technology. The Subsea Power Hub combines EC-OG’s core technologies of energy generation and storage, to deliver autonomous electrical power at remote subsea locations.

Fintry Development Trust grew out of the aspiration to make the village of Fintry, Stirlingshire a carbon neutral sustainable community. Income from a community-owned wind turbine at the nearby windfarm supports these aspirations.

Fyne Energy’s wind turbine project is expected to generate £15.6 million of community and charitable benefit over the next 20 years, which will support social housing objectives and employability, environmental and local priorities.

Green Energy Mull Ltd have constructed a 400Kw ‘run of river’ hydro-electric scheme on the Isle of Mull. The scheme will be community led, with the surplus cashflow re-invested for the long term social benefits of residents.

IECBS owns and operates a 330Kw wind turbine on the island of Islay. The project is expected to generate £2.5m over its 20-year life, which will be distributed to benefit the communities of Islay, Jura and Colonsay.

Kilfinan Community Forest Company (KCFC) is a charity that owns a 75Kw hydro scheme in Tighnabruaich. Income from the scheme supports the development of the community forest, creating opportunities for a sustainable future for the local economy, tourism and education.

An independent charitable company, Lesmahagow Development Trust, funds and implements projects to enhance the facilities and environment of Lesmahagow. The Trust partners Stewart Energy in a 2.5MW wind farm north of Lesmahagow.

Logan Energy has proven experience delivering hydrogen technology and storage projects. It offers a full turnkey service from project inception, integrated system design, manufacturing, installation, to operation and maintenance.

An innovative Scottish engineering company, Orbital Marine Power focuses on the development of a tidal energy turbine technology, and has designed, deployed, commissioned and operated the world’s largest floating tidal turbine.

Income generated from a 500kw wind turbine developed by Ore Valley Housing Association, will see new, affordable housing/housing stock improvements — and fund community projects within the areas of Cardenden, Methil and Leven.

Point and Sandwick Trust owns and operates the 9MW Beinn Ghrideag community wind farm, the UK’s largest community owned wind farm. Wind farm profits support community projects both locally and across the Western Isles.

North Yell Development Council exists to support residents of North Yell in Shetland. It owns and operates the 4.5MW, five-turbine Garth Wind Farm.

The Tarbert & Skipness Community Trust exists to help its local area secure a healthy and sustainable future. The Trust is an investor, alongside Tighnabruaich District Development Trust, in the 6MW Sròndoire Community Wind Farm.

Tighnabruaich District Development Trust supports projects which benefit the Tighnabruaich district community. The Trust is an investor, alongside Tarbert and Skipness Community Trust, in the 6MW Sròndoire Community Wind Farm.

Sunart Community Renewables (SCR) owns a micro hydro scheme in Strontian. The scheme has been operational since 2015. Surplus income contributes to local projects within the Sunart area, such as Scotland's first community-owned primary school, which opened in 2018.

A shared ownership example, highlighting Lochgoil Community Trust - who have acquired a 20% share in a 1.35MW hydro project - is being built by Broadlands Energy (Donich) Ltd on the Donich Water.

OnGen has developed the OnGen Expert™, an innovative online software service used by public and private sector organisations across the UK to encourage the deployment of onsite renewable and low-carbon energy generation and storage technologies.
Energy - other

GSS design and build the fastest response, lowest power and most robust CO2 sensors about. Its solid-state technology enables its clients to achieve bold power, speed and endurance goals across a range of applications.

Deep Casing Tools develops and delivers unique, patented, innovative downhole technology solutions for the global oil and gas sector. It continues to push the boundaries of innovation and challenge conventional target depth technology, working closely with its customers to design and develop innovative downhole technology solutions to meet their needs.

Well-Safe Solutions offer a fully integrated 'Tier 1' well abandonment service, providing the complete package, using its own bespoke marine and land-based assets. Delivering safe, efficient Well Plug and Abandonment operations in collaboration with its clients, resulting in cost reductions with open and transparent communication.
Healthcare (including Medtech and Biotech)

Biotangents use patent pending diagnostic technology, originating in-house, to develop devices to reliably detect infectious diseases of animals in the diagnostic laboratory and veterinary practice.

Clear Surgical works collaboratively with NHS Scotland and UK surgeons to develop new innovations that arise from healthcare professionals. Clear Surgical is introducing novel technologies such as the OpLight™ and the Combination Forceps alignment tool to the marketplace and is developing a range of new innovative products to complement the current technologies.

Calcivis has developed the world’s first biotechnology-based dental imaging system. The Calcivis® System allows live visualisation of active tooth demineralisation to enable dentists to practice and monetise preventive dentistry.

Clyde Biosciences is a leading global cardiac safety service provider and enables assessment of cardiotoxicity potential for the pharmaceutical industry, delivering new insights into electrophysiological effects of drugs.

Edinburgh Molecular Imaging is a clinical phase biotechnology company. Its core technology is a novel c-Met targeting peptide for cancer treatment, allowing early detection through to effective treatment of late stage disease.

Fixed Phage is a biotechnology company utilising covalently bonded bacteriophages as a method of targeting problem bacteria found throughout industry. Its IP portfolio covers several areas of prevalent antibiotic resistance.

Ubiquigent supports protein degradation focused drug discovery via modulation of the ubiquitin system. This is achieved by providing access to its novel compounds and/or access to its capabilities to evaluate your compounds.

3F BIO is a biotechnology company that addresses the global need for sustainable high-quality food protein.

CuanTec is a blue biotechnology company addressing plastic pollution and food waste by extracting chitin, a non-toxic biopolymer found in shellfish waste and converting it into an antimicrobial, compostable bio-plastic.

Ambicare Health was the first to market wearable light therapy devices for treating NMSC and acne. Its Lustre Pure Light range is highly rated, CE approved and cleared by the FDA to sell OTC. A new product will soon be launched.

DYSIS Medical is a medical device company that employs patented optical imaging and software to scan a patient’s cervix, quantify the results and present them to a clinician for the detection and diagnosis of cervical cancer.

BioFilm is one of Europe’s largest manufacturers of fast dissolving films, which can be used in many dental, cosmetic, nutritional and pharmaceutical products. Its products quickly dissolve, meaning they are effective and easy to use.

ClinSpec Diagnostics Limited is a spinout company from the University of Strathclyde, who aims to be a world leader in fast, sensitive blood tests for early detection of cancers and other diseases. The lead clinical product is the ClinSpec Dx™ Triage ID test for brain cancer.

NanoGenics will revolutionise the treatment of cancer and fibrotic diseases by precision delivery of therapeutic siRNAs, using their proprietary gene-delivery technology, LipTide. Lead products will be in the clinic in 2021.

PhysioMedics™ is a healthcare technology company which provides online software solutions to reduce costs and improve efficiencies in managing musculoskeletal disorders for insurance, physio network, public health and corporates.

Talking Medicines is a data tech company, capturing the digital voice of the patient. Through its solution, Medsmart®, it's driving more effective medicines by capturing insight on how people take medicines in the real world.
Pharmaceuticals (including Biopharm)

30 Technology is developing and defining new models of care to treat many serious medical conditions by enhancing the body’s healing and defence mechanisms through the power of therapeutic nitric oxide.

aTen Therapeutics is an innovative Scottish biotechnology company developing novel therapeutic antibody approaches to target a fundamental control pathway associated with several major diseases.

MedAnnex Ltd is an award-winning Scottish biotechnology company developing therapeutic antibodies to treat autoimmune diseases and other medical conditions.

MGB Biopharma is a clinical stage Scottish company developing a new class of anti-infective medicines. The Company’s lead compound, MGB-BP-3, recently initiated a Phase IIa clinical study in patients with Clostridium difficile-associated disease.

Mironid is an innovative drug discovery company that develops proprietary drug candidate molecules to modulate key cellular signalling targets in new ways, addressing unmet medical needs in both major markets and rare diseases.

NovaBiotics Ltd is a leading clinical-stage biotechnology company focused on the design and development of first-in-class anti-infectives for difficult-to-treat, medically unmet diseases.

Cytomos is an Edinburgh based biotech developing devices to provide a paradigm shift in label-free, single-cell resolution analysis with potential to deliver a novel and disruptive capability for drug discovery and development.

ProFactor Pharma Ltd has developed a low-cost recombinant human Factor VIII for the treatment of Haemophilia A, transforming treatment for the thousands of haemophiliacs currently receiving inadequate or no treatment at all.

Based near Glasgow the 100-strong team at TC BioPharm develop and commercialise a pioneering portfolio of genetically-engineered white blood cells as “living drugs” to target disease, improving patient health and quality of life.

GlykoGen™ is developing high-quality anti-glycan antibodies targeting ‘hard to treat’ cancers. It aims to collaborate with academic researchers and pharmaceutical companies to identify targets of interest and to raise highly specific antibodies against them.

Alfacyte is developing a pipeline of immune-modulating therapeutic drug candidates for the treatment of autoimmune diseases and cancer. Its lead candidate molecule is being applied to the development of a unique topical treatment for psoriasis. Other targets include canine atopic dermatitis and cancers with high unmet clinical need.

AURUM Biosciences develops novel pharmaceuticals for clinical indications of high, unmet medical need. Aurum has completed preclinical development of its lead stroke management product and is initiating clinical studies of efficacy and safety in the near future.

Sistemic is a world-leader in the cell therapy field. It provides novel miRNA and other advanced technologies, allowing detailed characterisation and quality assessment of these novel products, ensuring their safe and efficacious use.
Consumer

LIVE IT Group offers online managed ticketing services and box office solutions. Developed over 7 years, the LIVE IT technology system has issued over 2.4 million tickets for events, purchased by attendees from 167 countries to date.

Scottish-based loudspeaker manufacturer, Fyne Audio, is a new brand. But the team brings an enviable pedigree of audio industry experience with a goal to design and craft high performance loudspeakers for discerning customers.
Manufacturing

PowerPhotonic is a global leader in the design and manufacture of precision micro-optics. PowerPhotonic's products are used to collimate and shape laser beams in high-performance laser systems.

UniKLasers is a UK-based Single Frequency DPSS lasers manufacturer with the largest range of wavelengths in mid and high powers, including 698nm, 640nm. CW lasers are ideally suitable for holography, high precision metrology, spectroscopy, microscopy.
Other

CelluComp is a Scottish-based company located in Fife, near Edinburgh. Its team of scientists and business professionals work on the development and commercialisation of sustainable materials.

Ceres Holographics Ltd is a Scottish technology company specialising in the design, digital mastering, and replication of photopolymer holograms.

FINDRA is an award winning outdoor adventure clothing brand based in the heart of the Scottish borders. Founded by forward thinking fashion designer and outdoor enthusiast Alex Feechan. FINDRA creates innovative stylish and sustainable performance clothing, designed for people who lead an active lifestyle.
Companies who have recently left our portfolio

Altia-ABM is a global leader of specialist investigation software and 100% of UK police forces utilise its solutions. If your requirement is to manage covert operations or financial investigation Altia-ABM can save you time and money.

BDS supplies content-rich metadata on UK books and home entertainment releases to libraries and retailers, and offers web and graphic design services to the cultural sector and businesses, alongside IT and infrastructure support.

Using data to manage the whole game economy, deltaDNA provides powerful analytics tech and expert consultancy for game makers. It supplies the tools and insights needed to optimise games, for individual players, in real time.

DesignLED is a technology company focused on efficient, flexible and super thin LED lighting solutions. Its patented technology is customisable for highly differentiated products in the automotive and built environment markets.

Revolutionary cell-based solution integrates near field wireless architecture enabling monitoring, processing and communications to optimise battery pack design, provide deep cell level data, and greatly improve pack reliability.

EDEM pioneers engineering simulation software for bulk and granular materials. EDEM technology is used to optimise equipment design, increase productivity, shorten design cycles and drive product innovation.

Kumulos App Performance Management platform covers the app life cycle. Its 5 integrated services include app store optimisation, analytics, reporting, back-end hosting, crash reporting, endpoint monitoring and push notifications.

Established in 1999, Loch Duart is an independent Scottish salmon farming business employing 115 people in the Hebrides and Sutherland. Founded on the principle of farming in a sustainable manner, making no compromise in its aim to produce the best tasting salmon available.

Money Dashboard’s free personal finance app helps 200,000 consumers manage their money by integrating all of their bank accounts in one place. It also identifies opportunities for them to spend, save and borrow more efficiently.

Roylance Stability Storage is an outsourced service provider for stability storage and testing in the pharmaceutical and various other sectors. The company is based out of its recently opened 15,000 square foot, state of the art Stability Storage facility, at BioCity Scotland.

SIRAKOSS is developing nanosynthetic graft substitutes to facilitate complete bone repair and transform patient healing. Its bone graft substitutes, Osteo3, utilise advanced and proprietary understanding of nanostructures and nanochemistry to catalyse faster bone regeneration.

Smarter Grid Solutions is a global software provider in the distributed energy sector with offices in the UK and US, bringing 1.3 GW of renewables under management for utilities and asset operators

Spaceright Europe Ltd manufactures and distributes educational furniture from its factory in Cumbernauld. With over 100 years of trading history, Spaceright is the market leading brand in the UK and exports all over the world.

Spoonfed is a Software as a Service (SaaS), designed to make drop-off catering businesses more efficient, more profitable and easier to run. By automating processes and the transfer of information, Spoonfed saves time and improves catering standards.

SST Sensing Ltd. design, manufacture, customise and configure a range of sensors and switches for gases and liquids. Its goal is to deliver the required sensing solution to our customers which exactly meet their technical and commercial sensor requirements.

Synpromics is the leader in gene control, improving human health by enabling more effective cell and gene medicines. Its proprietary technology gives unprecedented control of gene expression through synthetic promoter design.

As the worldwide leader in TV attribution, TVSquared proves campaign performance, regardless of the delivery channel, empowering advertisers to measure and optimise TV across linear, OTT and VOD.