Scottish Equity Partners in £29m funding of TotallyMoney
Credit scoring firm TotallyMoney has agreed £29m of funding from Elliott Advisors and existing investors Scottish Equity Partners (SEP). The investment, which is subject to FCA approval, will be used…
Scottish Equity Partners announces investment in Dotmatics
Scottish Equity Partners (SEP) has completed a significant investment in leading global scientific informatics software provider Dotmatics. The company, founded in 2005, delivers enterprise solutions tailored to the modern, highly collaborative and mobile…
Business growth specialists to help Scottish startups navigate international tech markets
A business growth specialist has forged a strategic partnership with a Scottish startup mission to help founders realise ‘life changing’ ambitions in global tech markets. Thornton Solicitors will work with…
Scottish MedTech secures £4.2 million fund raise to speed up cancer drug development
A Scottish medtech company which recreates ‘micro-tumours’ in the lab for testing new cancer treatments has secured £4.2 million to expand its technology. Edinburgh-founded Carcinotech will use the investment to…
Scottish fintech secures close to £2 million government funding for digital ‘green home hub’
A Scottish fintech that helps homeowners plan energy efficiency modifications to their properties has secured a government grant of close to £2 million. Snugg’s digital app lets users type in…
Scottish workplace productivity tech platform lands £1m investment
A Scottish tech platform that specialises in improving workplace productivity has landed a £1m investment deal as it prepares to scale up. Trickle is set expand its team, increase its…
AI companies at ‘heart’ of new wave of innovative companies coming out of Scottish universities
Artificial intelligence (AI) is at the ‘heart’ of a new wave of innovative companies coming out of Scottish universities, according to the Converge Challenge startup support scheme. Converge has today unveiled…
Glasgow ultrasound sensor specialist signs partnership agreement with US medtech firm
A Glasgow ultrasound sensor specialist has signed a partnership agreement with a US medtech firm to develop technology aimed at advancing intravascular imaging. Novosound, which brings its technology to emerging…
Scottish Enterprise support forecast to generate £700m in innovation expenditure
Scottish Enterprise support is forecast to generate over £700m in innovation expenditure – supporting 260 projects spanning multiple industries including the tech sector. The national economic agency will generate an…
Scottish tech firms report growth despite Brexit and global economic slowdown fears
Scottish tech firms are reporting high levels of growth despite brakes put on expansion caused by Brexit and rising concerns about a global economic slowdown, according to a new survey….
