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TS

The Scottish Investment Bank

Government

The Scottish Investment Bank acts as the investment arm for Scotland's national economic development agency.

Portfolio

2

companies


Portfolio companies

Ingenious Audio

Ingenious Audio

Ingenious Audio develops patented Wi-Fi audio technology for live music and entertainment applications.

S

Synaptec

Synaptec builds optical sensor technology for monitoring electric power grids.


Recent investments

£100K

The funding was led by Kelvin Capital alongside co-investors to support commercialisation and new licensing partnerships.

"In applications like mobile phones, with companies looking to remove headphone and power connectors, it’s increasingly difficult for musicians and other users to interact with these massively powerful and convenient devices, and with the developments in the next generation of Wi-Fi bringing massive data capability over huge physical areas, the future applications for real time audio streaming over Wi-Fi are vast across music, entertainment and communications"
— John Crawford, Chief Executive
Series A
£2.9M

The investment round was led by Foresight Group and Williams Advanced Engineering to support international growth and manufacturing scale-up.

"Synaptec offers a truly disruptive technology that addresses a global problem. The experienced management team has already achieved a considerable amount of success over the past three years of development and we are delighted to have the opportunity to support the business as it scales."
— Andrew Bloxam, Senior Investment Manager