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SI

Scottish Investment Bank

Government

The Scottish Investment Bank is the investment arm of Scottish Enterprise.

Portfolio

31

companies

By category

  • Hardware£16.3M
  • BioTech£15.4M
  • HealthTech£11.0M
  • MedTech£6.3M
  • EdTech£5.6M
  • Other£23.1M

By location

  • Edinburgh£45.9M
  • London£10.2M
  • Glasgow£8.6M
  • Scotland£6.8M
  • Aberdeen£4.1M
  • Other£2.0M

Portfolio companies

A

Administrate

Administrate builds software to automate and manage training and learning delivery.

AC

Agency Core

Agency Core builds business management software for creative agencies.

AB

Aurum Biosciences

Aurum Biosciences develops novel oxygen carriers and diagnostic software for clinical use.

BD

Bio-Images Drug Delivery

Bio-Images Drug Delivery develops precision timed drug release technology for pharmaceutical treatments.

Calcivis

Calcivis

Edinburgh biotechnology firm developing tools for the early detection and prevention of tooth decay.

CR

Clear Returns

Clear Returns provides predictive analytics to help retailers reduce product returns and protect profit margins.

View all 31 companies
CD

ClinSpec Diagnostics

ClinSpec Diagnostics develops rapid liquid biopsies for early cancer detection.

CD

ClinSpec Dx

ClinSpec Dx develops blood test technology for the early detection of cancer.

CB

Clyde Biosciences

Clyde Biosciences develops technology to evaluate drug toxicity.

Current Health

Current Health

Enterprise remote care management platform for home-based patient monitoring.

Epipole

Epipole

Epipole develops handheld retinal imaging devices for clinical use.

G

GSi

GSi processes satellite data and machine learning analytics to monitor global environmental and commercial metrics.

GeckoLabs

GeckoLabs

GeckoLabs provides engagement and recruitment software for universities.

G

Good-Loop

Good-Loop connects brand advertising campaigns with charitable giving and carbon reduction.

Intelligent Growth Solutions

Intelligent Growth Solutions

Intelligent Growth Solutions develops indoor vertical farming and commercial lighting systems.

I

Invizius

Invizius develops treatments to prevent life threatening inflammation during dialysis.

MB

MGB Biopharma

MGB Biopharma develops a novel class of anti-infectives to tackle antibiotic resistance.

MT

MIME Technologies

Mime Technologies develops in-flight medical monitoring systems for commercial aviation.

Macomics

Macomics

Macomics develops novel immuno-therapies to overcome resistance in cancer treatments.

MiAlgae

MiAlgae

MiAlgae develops biotechnology to create sustainable Omega 3 from industry coproducts.

ME

Mocean Energy

Mocean Energy develops wave energy technology to supply low-carbon power for marine environments.

NT

Novel Technologies Holdings

Novel Technologies Holdings develops permanent silver-based antimicrobial treatments for textiles and surfaces.

Quorum Cyber

Quorum Cyber

Quorum Cyber provides professional and managed security services to protect organisations against cyber attacks and data breaches.

R

Reactec

Reactec provides workplace health monitoring and data analytics technology for industrial workers.

S

Sofant

Sofant builds radio frequency components and smart antenna solutions for wireless and satellite applications.

Sofant Technologies

Sofant Technologies

Sofant Technologies develops low-power RF MEMS beamforming solutions for satellite communications.

SM

Sustainable Marine Energy

Sustainable Marine Energy develops tidal energy platform systems.

Swipii

Swipii

Swipii provides a card-linked loyalty application for retail customers and merchants.

TE

Trojan Energy

Trojan Energy manufactures flush street-level charging points for electric vehicles.

i

iMetafilm

Digital archive technology provider making historical film footage searchable.

p

pureLiFi

PureLiFi develops optical wireless technology that transmits data through light.


Team

KS

Kerry Sharp

Director

Kerry brings investment, finance, and economic development experience from roles at Scottish Enterprise, the Scottish Investment Bank, and Funding London.

LinkedIn

Recent investments

Seed
£862K

The Edinburgh firm secured backing led by Equity Gap alongside an Innovate UK grant to accelerate commercialisation of its Blue Star wave machine.

"Our goal is to produce a commercially-available wave machine which can deliver low carbon power for tie backs and future fleets of autonomous AUVs [autonomous underwater vehicles]"
— Cameron McNatt, Managing Director
Seed
£670K

The financing round was backed by Infinion Biopharma, the Scottish Investment Bank, Scottish Health Innovations, and TRICAPITAL.

"We are delighted to complete this second round with our initial investment partners and bringing in a new investment partner, Infinion. This funding will allow us to extend our work beyond the successfully completed pre-clinical trials where Aurum’s lead product has demonstrated great potential in both stroke treatment and diagnosis. We are especially pleased that Infinion have joined the investment and look forward to them helping to drive Aurum forward with their global expertise in the biopharma sector. There has been few new therapies or diagnostics approved for acute ischaemic stroke in recent years. Our products provide hope for the many patients, carers and healthcare professionals who live with the consequences of this devastating condition."
— Jim McGuire, CEO
Series A
£2.4M

The funding round was led by Mercia and will support the firm in progressing its multi-cancer diagnostic programmes.

"Worldwide, 26,000 people die from cancer each day. Early detection is critical for effective treatment, but many cancers go undetected for too long. This funding is another significant step forward for ClinSpec Dx in our mission to detect cancer earlier and help to increase patient survival and quality of life."
— Mark Hegarty, CEO
Seed
£2.3M

EMV Capital led the pre-series A round to support product development and partnership activities in 5G and satellite communications.

"We are very pleased to have supportive investors who understand the value of semiconductor-based hardware. This funding will be used to complete the development of our core RF technology platform. It will also support our activities with an ecosystem of corporate partners who share Sofant’s belief that RF MEMS will disrupt the market for high frequency SatCom and 5G antenna applications. It is a very exciting time for Sofant, and we look forward to working with our partners to change the way high frequency antenna systems are designed and built."
— David Wither, CEO