Scottish Enterprise
Government fundGlasgow · Seed–Growth · 6 people tracked
Find your way into Scottish Enterprise
5,460 people in our graph share verified history with the Scottish Enterprise team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Scottish Enterprise is refocusing its work around three priority 'missions': building an internationally competitive energy transition industry, scaling Scotland's innovation strengths into high-growth industries of the future, and driving capital investment to raise productivity. Guided by the Scottish Government's National Strategy for Economic Transformation, it concentrates on high-growth opportunities where Scottish companies can compete internationally, with particular emphasis on the net-zero transition, offshore wind and green hydrogen. It works alongside partners across industry, academia and government to grow companies and clusters of scale, support innovation and R&D, boost exports, and attract international inward investment, all underpinned by commitments to net zero and fair work.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from the firm's website
What they invest in
from 36 of 38 portfolio companiesBiotech ×13Healthtech ×10Medical Devices ×10AI & Machine Learning ×8Deep Tech ×8Cleantech ×6SaaS ×6Climate Tech ×5
HQs:United Kingdom×23United States×4Australia×1United Kingdom×1
Investments · 38 tracked
founders shown can be your intro pathBy year:2026 · 42025 · 42024 · 62022 · 519 dated
Ace Aquatec builds IoT-enabled precision products for the aquaculture industry, including acoustic wildlife deterrents, sea lice treatment, biomass estimation and real-time monitoring, and humane fish-stunning solutions.
AgTechAI & Machine LearningCleantechFoodTechHardwareIoTDundee, GB
Nathan Pyne-Carter(CEO)inAlan MacLeod(Chief Finance Officer (CFO))inTara McGregor-Woodhams(Chief Sales & Marketing Officer (CSMO))inKeith Davidson(Chief Technology Officer (CTO))in
Co-investorsAqua SparkChroma VenturesEarth Capital
Airglove Medical develops medical devices that use temperature-controlled warm air to improve vascular access for patients, primarily for intravenous cannulation and treatment of peripheral arterial disease.
HardwareHealthtechMedical DevicesGlasgow, GB
Gio Benedetti(Founder Director)
Co-investorsPulse Angels
AXOL is a biotech company backed by investors including Par Equity, Meltwind Advisory, and Scottish Enterprise.
BiotechDeep TechHealthtechRoslin, UK
Co-investorsCalculusCambridge Angels groupEMV CapitalMartlet Capital
CelluComp develops sustainable, cellulose-based bio-composite materials for packaging applications, serving consumer goods and packaging companies seeking environmentally responsible alternatives.
Advanced ManufacturingCircular EconomyCleantechNew MaterialsScotland, GB
Dr. Eric Whale(Founder and Head of Technology)Dr. David Hepworth(Founder)Christian Kemp-Griffin(CEO)in
Co-investorsSofinnova Partners
Deep Casing Tools develops well construction and completion technologies for the global energy sector, enabling operators to reduce drilling time, costs, and carbon emissions across well life cycle operations.
CleantechDeep TechEnergyHardwareAberdeen, GB
David Stephenson(CEO)in
BoardSteve Kent(Chairman)
Co-investorsEV Private Equity
Dxcover provides a platform for rapid development of liquid biopsies to detect cancer and other diseases.
AI & Machine LearningBiotechHealthtechMedical Devices
Co-investorsEos AdvisoryAlba EquityBritish Business BankMaven Capital Partners
Forge Minerals converts carbon dioxide from biogenic emissions into high-purity magnesium carbonates using advanced chemical processes.
CleantechClimate TechNew MaterialsEdinburgh, GB
Ian Spencer(Co-founder | CEO | Economist)inSylvain Petitgirard(Co-founder | CSO)inMatthew Vaughan(Co-founder | COO)in
Co-investorsOne Planet CapitalSustainable VenturesOld College CapitalCarbon13
HonuWorx develops uncrewed subsea robotics and communications platforms to replace surface vessels in offshore operations, serving oil and gas, offshore wind, and defence sectors.
Deep TechDefense TechEnergyRoboticsAberdeen, GB
Lee Wilson(Co-founder)inLucas Wissmann(Co-founder)inCallum Crawford(Head of Programmes)in
BoardSteven Gray(Chairman)
Co-investorsFuture Planet CapitalTRICAPITALUK Innovation & Science Seed FundVala Capital
Macomics is a drug discovery company developing therapies that target macrophage activity for diseases with limited or ineffective treatment options.
BiotechLongevity
Co-investorsEpidarex Capital
NCTech provides high-resolution 360° imagery and geospatial data insights to government, utility, telecommunications, and technology companies globally.
AI & Machine LearningData & InfrastructureEnterprise SoftwareGovTechPropTechUK, GB
Co-investorsBritish Business Bank
Beta Bugs develops and distributes genetically selected Black Soldier Fly breeds for protein producers.
AgTechBiotechClimate TechFoodTechEdinburgh, GB
Co-investorsDeep Science Ventures
CALCIVIS develops the CALCIVIS Imaging System, a chairside diagnostic device that provides real-time assessment of enamel demineralization and tooth decay activity to support preventive dentistry.
BiotechDigital HealthHealthtechMedical DevicesEdinburgh, GB
Gregory M. Sheehan(CEO)inJill McGregor(COO)inBruce Vernon(Co-founder & CTO)Peter Anthony Rees(Director)Adam Christie(Co-founder & CEO)James Jonathan Browning(Director)
Co-investorsScottish National Investment BankBritish Business BankMaven Capital PartnersScottish Investment Bank
Carcinotech produces bioprinted tumor models combining patient-derived biological material with automated workflows to generate reproducible tumor tissue systems for drug discovery and testing.
AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesEdinburgh, GB
Lorna(Chief Scientific Officer)
Co-investorsAlba EquityTRICAPITALBritish Business BankEos AdvisoryGabriel Investment SyndicateInvesting Women Angels+3 more
The Concinnity Company provides a cloud-based process management and automation platform designed to reduce delays and improve efficiency in clinical trials.
Cloud ComputingDigital HealthEnterprise SoftwareHealthtechMedical DevicesSaaSNashville, US
Heidi Solomon Allen(Secretary)inMichael Alan Lalor(Chief Financial Officer)Nancy Falls(Chief Executive Officer)in
Co-investorsEos AdvisoryMaven Capital PartnersOld College Capital
Cumulus Oncology is a drug development company specializing in oncology therapeutics, leveraging experienced leadership with track records in new drug applications and successful M&A transactions.
BiotechHealthtechLongevityMedical Devices
Catherine(CEO)Clare Wareing(CEO)in
Co-investorsAlba EquityApollo Informal InvestmentEos AdvisoryScottish National Investment Bank
Cytochroma provides genetically diverse iPSC-derived human cell models, high-throughput screening, and phenotypic data (branded "Wet AI") for drug discovery and preclinical validation.
AI & Machine LearningBiotechDeep TechEdinburgh, GB
Co-investorsAngel AcademeVentureLink LP
Cytomos develops AuraCyt®, a microelectronics-based biotechnology platform for real-time single-cell analytics in bioprocessing and cell and gene therapy manufacturing.
BiotechDeep TechMedical Devices
Co-investorsBritish Business BankOld College Capital
Earth Blox provides a platform that translates nature and climate data into financial insights for organizations to manage environmental risks, allocate capital, and identify investment opportunities.
AI & Machine LearningClimate TechData & InfrastructureEnterprise SoftwareFintechGovTech
EnteroBiotix is a clinical-stage microbiome therapeutics company developing EBX-102-02, an orally delivered, full-spectrum microbiome drug for irritable bowel syndrome and other gastrointestinal and liver diseases.
BiotechHealthtechGlasgow
James Roger McIlroy(Executive Officer, Director)Melissa Strange(Executive Officer)inJames Barnes(Executive Officer)in
BoardDouglas Campbell Thomson(Director)Felix Andy Awili Olale(Director)Iain Baird(Director)
Co-investorsScottish National Investment Bank
Eventbrite is a ticketing and event marketing platform that lets organizers create event pages, sell tickets online, run marketing campaigns, and access attendee analytics.
ConsumerMarketing TechMarketplacesMedia & EntertainmentSaaS
GlobalScot is a values-driven international network of senior business professionals who donate their time and expertise to advise Scottish companies on strategy, market insights, and introductions.
B2B MarketplacesEnterprise SoftwareFuture of WorkGovTechSaaSSector AgnosticScotland, GB
Gut Wealth produces Water Wealth Daily Electrolyte, a hydration supplement powder designed to provide daily electrolytes and vitamins for consumers seeking improved hydration support.
ConsumerDirect to ConsumerHealthtechWellness & Fitness
Co-investorsEquity Gap
Hotjar provides website behavior analytics tools including heatmaps, session recordings, surveys, and feedback for teams building and improving websites and digital products.
Data & InfrastructureMarketing TechSaaS
Marc von Brockdorff(Founder)in
Co-investorsEQT VenturesGC AngelsMaven Capital Partners
Houston, US
Mark Hannigan(Executive Officer, Director)Andrew Ramsay(Executive Officer, Director)
BoardChris Black(Director)Andrew Pert(Director)
Nami Surgical is a company developing surgical technology and seeks investors and partners across clinical, commercial, and technological domains.
HealthtechMedical DevicesRoboticsGlasgow, GB
Nico Fenu(Co-Founder & Chief Operating Officer)inREBECCA CLEARY(Executive Officer, Director)inNICOLA GIUSEPPE FENU(Executive Officer, Director)Rebecca Cleary(Co-Founder & Chief Technical Officer)inNikki Palfrey(Chief Executive Officer)inALBERT NICHOLL(Director)in
Co-investorsEos AdvisoryMaven Capital Partners
Orbital Marine Power develops tidal energy solutions to generate clean, predictable electricity and support the transition away from fossil fuels.
CleantechClimate TechEnergyEdinburgh, GB
Andrew Scott(Chief Executive Officer)inChris Milne(Chief Financial Officer)in
BoardSian George(Board Chair)
Co-investorsScottish National Investment BankPraetura Ventures
Pleasant Grove, US
TIMOTHY A. CHAVES(Executive Officer, Director)
BoardJOHN MAYFIELD(Director)
Previse offers a data health monitor and financial technology tools that harmonize fragmented financial data across multiple systems, using no-code ERP connectors, payment automation, and configurable workflows and analytics.
AI & Machine LearningData & InfrastructureFintechLondon, GB
Philipp Schoenbucher(Founder)in
Co-investorsAugmentum FintechFounders FactoryReefknot InvestmentsSalica InvestmentsBessemer Venture PartnersGaingels+2 more
Rhizocore Technologies develops mycorrhizal fungal inoculum products to enhance plant growth, woodland restoration, and ecosystem resilience.
AgTechBiotechCleantechClimate TechImpact & Social GoodEdinburgh, GB
Toby Parkes(Founder)inDavid Christopher Satori(Director)Jack Hooper(Chief Operating Officer)in
BoardDaniel Fitzgerald(Director)
Co-investorsCollaborative FundDeep Science VenturesGrosvenor EstateNucleus CapitalOld College Capital
Sentinel is a blockchain-based protocol and SDK for building decentralized VPNs, where node discovery, sessions, payments, and bandwidth run on-chain across a network of independent node operators.
Crypto & Web3CybersecurityDeveloper ToolsReno, US
Co-investorsAdvanced BlockchainAmentum Investment ManagementGenblock CapitalWoodstock FundIntel CapitalSFC Capital+3 more
Singular provides a marketing analytics platform that combines cost aggregation, mobile and cross-device attribution, fraud prevention, and creative analytics for marketing teams.
AdTechMarketing TechSaaS
Gadi Eliashiv(CEO & Co-founder)inSusan Kuo(COO & Co-founder)inEran Friedman(CTO & Co-founder)inStephanie Pilon(CMO)inYoni Amias(CCO)inNeil Mills(CRO)in
Co-investorsNorwest Venture PartnersTitanium VenturesTransLink CapitalMethod CapitalZ Venture CapitalACF Investors+4 more
Singular Photonics develops digital image sensors based on single-photon avalanche diode (SPAD) technology, which convert photons directly into digital signals to capture depth and temporal data as 4D images.
Deep TechHardwareMedical DevicesSemiconductors
Co-investorsCambridge Angels groupACF InvestorsOld College CapitalWren Capital
Snappy Shopper is a grocery home delivery service that connects consumers with their local convenience stores, delivering products such as fresh food, household goods, and alcohol in as little as 30 minutes.
E-commerceLogistics & Supply ChainMarketplaces
Co-investorsMaven Capital PartnersKelvin Capital
Sofant develops satellite antenna terminals using proprietary RF MEMS technology for mobile connectivity applications including in-flight, maritime, and military communications.
Deep TechHardwareIoTSpace TechUK, GB
David Wither(CEO)in
BoardWill Whitehorn(Chairman)
Co-investorsEMV CapitalKelvin CapitalSeraphim SpaceShibumi International
Developing a scalable off-the-shelf allogeneic gamma delta T cell therapy platform.
BiotechHolytown, Motherwell
Martin Thorp(Executive Officer, Director)Edward Niemczyk(Director)Mark Bonyhadi(Director)Michael Leek(Director)Arlene Morris(Director)James Culverwell(Director)
Co-investorsInvesting Women AngelsNCL Technology Ventures Ltd.Crowdcube
Thermal is a surf travel company that connects surfers with local guides and curated trips to over 20 destinations worldwide, offering access to premium surf experiences and cultural immersion.
B2B MarketplacesConsumerTravel & HospitalityMelbourne, AU
Glen Gaudion(CEO)in
Co-investorsAlleyCorpAlley Robotics VenturesAxeleo CapitalBayern KapitalBlue Ashva CapitalOld College Capital
TileBio develops self-supervised AI foundation models for digital pathology, applied to cancer diagnosis, prognosis, biomarker discovery, and drug development.
AI & Machine LearningBiotechDigital HealthMedical Devices
Christopher Walsh(Co-Founder / CEO & CTO)Ke Yuan(Co-Founder / CSO)inDavid Chang(Co-Founder / CMO)inJohn Le Quesne(Co-Founder / CMO)in
Co-investorsTwin Path Ventures
Travelnest is a UK-founded platform that provides holiday rental management software for independent property owners, enabling multi-channel listing distribution, automated pricing optimization, and calendar synchronization across 30+ booking platforms from a single dashboard.
MarketplacesPropTechSaaSTravel & HospitalityLondon, GB
Doug Stephenson(Founder)in
Co-investorsFrontline VenturesMangrove Capital PartnersPentech VenturesScottish National Investment BankThe SidebySide PartnershipVesta Ventures
Portfolio news
latest coverage across their companies
Singular Photonics · healthcaretoday.com · Sep 4, 2026
Beta Bugs · efeedlink.com · Aug 26, 2026
Singular · venturedailydigest.com · Aug 20, 2026
Earth Blox · spacescotland.co.uk · Aug 17, 2026
Gut Wealth · equitygap.co.uk · May 14, 2026
EnteroBiotix · healthcaretoday.com · May 13, 2026
Thermal · mercomcapital.com · Apr 22, 2026
TileBio · glasgowcityofscienceandinnovation.com · Mar 3, 2026
Frequently asked questions
- What stage does Scottish Enterprise invest at?
- Scottish Enterprise invests at the Seed, Series A, Growth stages.
- What sectors does Scottish Enterprise focus on?
- Scottish Enterprise focuses on Advanced Manufacturing, Biotech, Cleantech, Energy, Fintech, Healthtech, IoT, Quantum Computing, SaaS, Semiconductors, Space Tech.
- Where is Scottish Enterprise located?
- Scottish Enterprise is headquartered in Glasgow, GB.
- Who does Scottish Enterprise co-invest with?
- Scottish Enterprise most often shares deals with EQT Ventures, GC Angels, Maven Capital Partners, among 3 tracked co-investors.
Media · Podcasts & interviews
featuring the teamReuben Aitken of Scottish Enterprise
Smart Green Shipping · Reuben Aitken
BMWI Dunblane event - Jane Martin of Scottish Enterprise
Skills Development Scotland · Jane Martin
Images
Similar investors
Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.
The Entrepreneurship and Investment Team of Scottish Enterprise (formerly the Scottish Investment Bank) supports early-stage and growth Scottish companies by providing co-investment equity funding, loan funding, and advice on accessing finance and attracting investors.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
Vesna is a deep-tech venture fund, described as the first Slovenian-Croatian deep tech fund, backed by the European Investment Fund, investing in early-stage technologies spun out of Slovenian and Croatian R&D institutions.
Qbic is an inter-university venture capital fund that turns technological breakthroughs from its partner universities, research institutes and hospitals into sustainable businesses.