Scotland's national economic development agency operating as a non-departmental public body to foster business innovation and scale.
Scotmid Coop and Scottish Enterprise back the hard seltzer producer to accelerate domestic and international growth.
"We are delighted to be partnering with the founders to establish this Start Up. They bring not only experience but drive and passion to the brand. We can see from our retail insight that this is a fast growing sector of the market and there are opportunities to establish a brand at the premium end."
PayPoint led the oversubscribed Series A round to fund team expansion and technology development.
The TRICAPITAL-led round will fund team expansion and sector diversification for the Edinburgh fintech.
"In the new world, AI can be adopted throughout the customer journey, driving new insight, significant efficiency gains and better protecting the vulnerable. It’s a win-win situation. By using AI to help automate processes like quality assurance and risk monitoring, material cost reductions can be achieved. At the same time, companies gain targeted insights on customer experience and training opportunities for customer-facing staff."
The EdTech scale-up has raised £450k in a convertible loan note led by Scottish Enterprise to fund its entry into North American markets.
"I had to give presentations 2 or 3 times a week as part of my degree. I was getting so frustrated spending hours preparing every week only to forget key information during my presentation."
The funding round was backed by Skyscanner co-founder Gareth Williams alongside Scottish Enterprise and Equity Gap.
"This is hugely exciting news and is a change of trajectory from our original, more modest ambitions – we are now set on the path for Boundary to become a top-tier European home security business. To have someone with the calibre of Gareth giving our product his backing and mentorship is incredible; we have massive plans for the future."
