Operated by the British Business Bank, the Investment Fund for Scotland provides commercial debt and equity finance to smaller Scottish businesses.
Portfolio
5
companies
Highway Data Systems
Highway Data Systems provides automated quality assurance technologies for the road construction and asphalt industries.
Approov
Approov builds patented mobile security software to protect applications and APIs from advanced threats.
Scotmas Group
Specialist water treatment technologies business providing chlorine dioxide disinfection systems for global industries.
Corporate Modelling Services
Specialist workforce optimisation software provider helping large organisations manage resources and operational efficiency.
Triyit
Triyit operates a marketing technology platform connecting brands with target consumers through performance sampling.
Sarah Newbould
Senior Investment Manager
Maven Capital Partners led the investment to support international expansion and product development.
"As the first investment delivered through the Greater Glasgow Innovation Cluster, this funding demonstrates the Funds role in strengthening connections between investors and innovative businesses in the region."
The investment round includes participation from Souter Investments, Lanza techVentures and Scottish Enterprise.
"Approov is a leading innovator in mobile app and API security with proven applications in multiple target sectors. With their strong IP and the growing demand for API-level defences across the industry, the business is uniquely positioned to lead this next era of mobile security. We look forward to working with Ted and the team to drive the business forward at such an exciting point in the company’s growth journey."
The investment round was led by Maven Capital Partners through the Investment Fund for Scotland alongside Scottish Enterprise.
"We are delighted to have secured this significant investment led by Maven, which highlights the strength of our technology and reinforces our vision for the future of water disinfection. This funding represents a tremendous opportunity to scale our operations, drive innovation through research and development, and deliver sustainable, cost-effective water treatment solutions to a growing global market."
Maven Capital Partners led the equity investment to help fund product enhancements and international expansion.
"CMS has built an impressive platform that can transform many businesses across different industries. Alex and the senior team are all highly driven, experienced individuals with a genuine entrepreneurial focus and we look forward to supporting the business as it enters this exciting next phase of growth."
Maven Capital Partners and the Investment Fund for Scotland backed the Glasgow-based marketing technology platform.
"Technology enabled product sampling is an exciting and fast growing market. Triyit is well positioned in the space with a strong consumer following and traction gained with a number of well known, established brands. The company has achieved impressive growth to date, and we look forward to supporting Alex and the team as they embark on the next stage of their strategy."
