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Scottish Enterprise

Scottish Enterprise

Government

Scotland's national economic development agency operating as a non-departmental public body to foster business innovation and scale.


Recent investments

£422K

The funding round was supported by One Planet Capital, SFC Capital, Scottish Enterprise, and the British Business Bank.

"My main motivation was the huge opportunity to make an impact when I realized the potential of my idea. This started out as a dissertation on wind turbines and realized this could be so much more. I want to make a difference. We need clean energy fast to meet our targets we are behind on. Hence my inspiration to design a wind turbine that focused on lowering costs, improving logistics and eliminating the need for cranes and large teams to install and maintain wind turbines."
— Adarsh Bhardwaj, Founder and CEO
£1.6M

The funding round was led by Archangels to support product development and market entry.

"Oncology is an exciting and vibrant sector. The scientists and technologists have been doing incredible things based upon the samples that they’re given, but there hasn’t been any particular movement in how the samples are prepared for years. Our msX platform has the potential to revolutionise how samples are collected, allowing for larger samples, faster extraction, simpler processing, and fully automatable capabilities."
— Jeremy Wheeler
Series A
£6.3M

The financing was led by EMV Capital Partners and will support operational scaling and early customer deployments.

"We are pleased to have secured this significant investment from our existing shareholder base, and to welcome NSSIF as a new strategic shareholder. This support is a testament to the disruptive potential of Sofant’s technology and the remarkable progress our team has made in recent months. With this additional capital, we are positioned to accelerate our commercial deployment and redefine what is possible in wireless communications."
— David Wither, CEO
Seed
£1.2M

SFC Capital led the round with backing from the University of Strathclyde and Scottish Enterprise.

"The wellbeing of those who serve on the front lines is paramount. Sentinel exists to ensure that the people who protect and care for others receive the same care in return. This investment allows us to expand our impact and further develop our evidence-based tools for trauma prevention, management and recovery."
— Mykay Kamara, CEO