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…
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….
Scottish graphene producers to target diagnostics market after £8m investment
A Scottish company that has developed a novel manufacturing process for the ‘wonder material’ graphene is investing £8m to scale up production. Integrated Graphene, based in Stirling, is being backed…
Female founders close gap in ‘green tech’ equity funding
Female founders in ‘green tech’ businesses are fast closing the equity funding gap, according to new research. Female representation accounts for just over a third of all businesses in the…
Global client wins accelerate growth for Scottish sensor startup
A Scottish remote sensor company has secured a series of global customer wins across the aerospace, oil and gas, and energy sectors. The Glasgow-based startup Novosound’s new clients include major…
Record level of government funding for Scottish businesses during Covid
Scotland’s national economic development agency has reported a 60 per cent increase in spending – having invested a whopping £568 million in businesses since Covid struck. This record level of…
