Scottish Enterprise — Full Portfolio

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

NPNathan Pyne-Carter(CEO)inAMAlan MacLeod(Chief Finance Officer (CFO))inTMTara McGregor-Woodhams(Chief Sales & Marketing Officer (CSMO))inKDKeith Davidson(Chief Technology Officer (CTO))in

Co-investorsAQAqua SparkCHChroma VenturesEAEarth CapitalEIEIT Food Accelerator Network

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

GBGio Benedetti(Founder Director)

Co-investorsPUPulse Angels

AXOL is a biotech company backed by investors including Par Equity, Meltwind Advisory, and Scottish Enterprise.

BiotechDeep TechHealthtechRoslin, UK

Co-investorsCACalculusCACambridge Angels groupEMEMV CapitalMAMartlet 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)CKChristian Kemp-Griffin(CEO)in

Co-investorsCACapagroSOSofinnova 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

DSDavid Stephenson(CEO)in

BoardSteve Kent(Chairman)

Co-investorsEVEV Private Equity

Dxcover provides a platform for rapid development of liquid biopsies to detect cancer and other diseases.

AI & Machine LearningBiotechHealthtechMedical Devices

Co-investorsEOEos AdvisoryALAlba EquityBRBritish Business BankMAMaven Capital Partners

Forge Minerals converts carbon dioxide from biogenic emissions into high-purity magnesium carbonates using advanced chemical processes.

CleantechClimate TechNew MaterialsEdinburgh, GB

ISIan Spencer(Co-founder | CEO | Economist)inSPSylvain Petitgirard(Co-founder | CSO)inMVMatthew Vaughan(Co-founder | COO)in

Co-investorsONOne Planet CapitalSUSustainable VenturesOLOld College CapitalCACarbon13

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

LWLee Wilson(Co-founder)inLucas Wissmann(Co-founder)inCCCallum Crawford(Head of Programmes)in

BoardSteven Gray(Chairman)

Co-investorsFUFuture Planet CapitalTRTRICAPITALUKUK Innovation & Science Seed FundVAVala Capital

Macomics is a drug discovery company developing therapies that target macrophage activity for diseases with limited or ineffective treatment options.

BiotechLongevity

Co-investorsEPEpidarex 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-investorsBRBritish Business Bank

Aveni builds AI tools using natural language processing for the financial services industry, helping firms automate administrative tasks, generate suitability reports, run quality assurance, and identify vulnerable or high-risk clients.

AI & Machine LearningFintechSaaS

Co-investorsOLOld College CapitalLLLloyds Banking GroupNANationwide

Beta Bugs develops and distributes genetically selected Black Soldier Fly breeds for protein producers.

AgTechBiotechClimate TechFoodTechEdinburgh, GB

TFThomas Farrugiain

Co-investorsDEDeep Science VenturesTRTRICAPITAL

Blox provides a digital platform for homebuyers in India, using data science and algorithms to compare properties fairly and simplify the home-buying process at zero fees.

Data & InfrastructureMarketplacesPropTechMumbai, IN

AJAditya Jhaveri(Founder)in

Co-investors1/1/1 Capital

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

GMGregory M. Sheehan(CEO)inJMJill McGregor(COO)inBruce Vernon(Co-founder & CTO)Peter Anthony Rees(Director)Adam Christie(Co-founder & CEO)James Jonathan Browning(Director)

Co-investorsSCScottish National Investment BankBRBritish Business BankMAMaven Capital PartnersSCScottish Investment Bank

Carbogenics produces biochar from organic waste such as secondary biomass and difficult-to-recycle paper for use in anaerobic digestion, wastewater treatment, soil amendment, and carbon sequestration.

AgTechBiotechCircular EconomyCleantechClimate TechNew MaterialsEdinburgh, GB

Robert Kennedy(CEO)inProfessor Ed Craig(CEO)

BoardAnthony Schofield(Chair of the Carbogenics Board)

Co-investorsDADangerous VenturesGRGreen Angel VenturesINInnovate UKOLOld College Capital

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-investorsALAlba EquityTRTRICAPITALBRBritish Business BankEOEos AdvisoryGAGabriel Investment SyndicateINInvesting Women Angels+4 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

HSHeidi Solomon Allen(Secretary)inMichael Alan Lalor(Chief Financial Officer)NFNancy Falls(Chief Executive Officer)in

Co-investorsEOEos AdvisoryMAMaven Capital PartnersOLOld College Capital

CSignum develops electromagnetic field-based communication and sensing solutions for underwater, underground, and IoT applications.

Deep TechEnergyIoTWest Lothian

BoardJarett Carson(Director)Rabindra Soni(Director)Richard Michael Edward Hopkins(Director)Ewan Lindsey Mclellan(Director)Jonathan Reeves(Director)

Co-investorsBEBessemer Venture PartnersDEDeep FutureRARaptor Group

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)CWClare Wareing(CEO)in

Co-investorsALAlba EquityAPApollo Informal InvestmentEOEos AdvisorySCScottish National Investment Bank

Cyacomb builds software, powered by its Contraband Filter technology, that rapidly identifies known illegal and harmful digital content on devices while reducing exposure to unrelated personal data.

CybersecurityGovTechSaaS

CJChris Johnson(Chief Executive Officer)inAMAlan McConnell(Chief Operating Officer)inMRMartin Reynard(Chief Financial Officer)in

Co-investorsSCScottish National Investment BankMEMercia Ventures

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-investorsANAngel AcademeEQEquity GapVEVentureLink 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-investorsBRBritish Business BankOLOld 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

SFSam Fleming(Founder)in

soloMER anti-inflammatory drug designed to be delivered to specific sites in the body.

Aberdeen, GB

PCProfessor Caroline Barelle MBA(Founder & Chief Executive Officer)Professor Andy Porter FRSB, FRSE(Co-founder & Chief Technical Officer)DODr Obinna Ubah(Founding member; Autoimmunity/Immunology Lead)

Co-investorsDEDeepbridge CapitalSCScottish National Investment BankINInnovate UKSCScottish Investment Bank

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

JRJames Roger McIlroy(Executive Officer, Director)MSMelissa Strange(Executive Officer)inJBJames Barnes(Executive Officer)in

BoardDouglas Campbell Thomson(Director)inFelix Andy Awili Olale(Director)Iain Baird(Director)

Co-investorsSCScottish National Investment Bank

FanDuel offers online sports betting and gaming entertainment products for sports fans across the U.S. and Canada, partnering with leagues, teams, and talent.

ConsumerGamingSports Tech

Nigel Eccles(Founder)inAHAmy Howein

Co-investorsAMAmplify.LAANAnsa CapitalAUAurumBEBettor CapitalBUBullpen CapitalCACapitalG+16 more

Glenclova Scientific develops a virus-like particle (VLP) platform that displays therapeutic proteins and peptides to enhance the efficacy and reduce the dosage requirements of biologic drugs.

AI & Machine LearningBiotechDeep TechHealthtech

Dr John Foerster(Scientific Founder)JHJamie Hodgson(Chief Executive Officer)in

Co-investorsDSDSW Ventures

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-investorsAPApollo Informal InvestmentEQEquity Gap

Heero is a language learning application that uses voice technology to help users improve their speaking skills in foreign languages, particularly English.

AI & Machine LearningConsumerEdTech

DCDomenico Crescenzo(CEO)in

Co-investorsMOMoonstone Venture CapitalMIMint VenturesTRTRICAPITAL

HiiROC develops thermal plasma electrolysis technology to produce clean hydrogen at competitive costs without carbon emissions, suitable for power generation, industrial applications, and energy storage.

CleantechDeep TechEnergy

TDTim Davies(Founder and CEO)inAWAte Wiekamp(Founder and Chief Science Officer)inSMSimon Morris(Founder and Chief Commercial Officer)in

Co-investorsTSTSP VenturesCECemex VenturesCECentricaKIKIA

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

MVMarc von Brockdorff(Founder)in

Co-investorsEQEQT VenturesGCGC AngelsMAMaven Capital Partners

Innovatium is a technology company that develops solutions for decarbonizing industry, with its flagship PRISMA technology designed to reduce carbon emissions across operations.

CleantechClimate TechEnergy

SBSimon Branch(Founder and Executive Director)inDr Adrian Alford(Chief Technology Officer)in

Co-investorsKEKelvin CapitalSCScottish National Investment Bank

Intelligent Growth Solutions (IGS) develops and manufactures vertical farming technology using a Total Controlled Environment Agriculture (TCEA) approach, providing automated, biosecure indoor growing systems and growth recipes for crop growers.

AgTechFoodTechHardwareIoT

Co-investorsCLCleveland AvenueENEnergetik VenturesOSOspraie Ag ScienceS2S2G InvestmentsAGAgFunderDCDC Thomson Ventures

Invizius develops therapeutics targeting the complement system to treat kidney disease and other disorders driven by uncontrolled immune activation.

BiotechDeep TechHealthtechMedical DevicesGlasgow, GB

Dr Magnus Nicolsonin

Co-investorsCACalculus Capital Ltd.CACalculusMEMercia VenturesOLOld College CapitalSCScottish Investment BankSYSyensqo Ventures

Liftango builds demand-responsive transport (DRT) technology and shared mobility solutions, including carpool, on-demand bus, fixed-route, and microtransit services, along with planning tools for data analysis, demand forecasting, and reporting.

Climate TechLogistics & Supply ChainMobility & TransportationSaaS

TETrystan Eeles(Founder)in

Co-investorsARArtesianMAMaven Capital PartnersOCOctopus Ventures

Metacarpal builds body-powered, multi-articulating upper-limb prosthetic hands designed to be waterproof, durable, and reliable without charging.

HardwareHealthtechMedical Devices

Co-investorsOXOxford Technology ManagementGAGabriel Investment SyndicateOXOxford

Microplate Dx is a diagnostics company developing rapid antimicrobial susceptibility testing technology to identify the correct antibiotic treatment for infections within hours, enabling faster patient treatment and reducing antibiotic resistance.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesGlasgow, GB

DSDr Stuart Hannah(Co-Founder & CEO)in

BoardPoonam Malik(Director)Andrew Justin Radcliffe Porter(Director)

Co-investorsDEDeepbridge Capital

Nami Surgical is a company developing surgical technology and seeks investors and partners across clinical, commercial, and technological domains.

HealthtechMedical DevicesRoboticsGlasgow, GB

NFNico Fenu(Co-Founder & Chief Operating Officer)inREBECCA CLEARY(Executive Officer, Director)inNICOLA GIUSEPPE FENU(Executive Officer, Director)RCRebecca Cleary(Co-Founder & Chief Technical Officer)inNPNikki Palfrey(Chief Executive Officer)inANALBERT NICHOLL(Director)in

Co-investorsEOEos AdvisoryMAMaven Capital Partners

Northern Light Microscopy develops advanced imaging technology for life-science laboratories and companies to support bioscience discovery and research.

BiotechDeep TechHardwareMedical Devices

Co-investorsDSDSW Ventures

Orbital Marine Power develops tidal energy solutions to generate clean, predictable electricity and support the transition away from fossil fuels.

CleantechClimate TechEnergyEdinburgh, GB

ASAndrew Scott(Chief Executive Officer)inCMChris Milne(Chief Financial Officer)in

BoardSian George(Board Chair)

Co-investorsSCScottish National Investment BankPRPraetura Ventures

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-investorsAUAugmentum FintechFOFounders FactoryREReefknot InvestmentsSASalica InvestmentsBEBessemer Venture PartnersGAGaingels+2 more

Rhizocore Technologies develops mycorrhizal fungal inoculum products to enhance plant growth, woodland restoration, and ecosystem resilience.

AgTechBiotechCleantechClimate TechImpact & Social GoodEdinburgh, GB

TPToby Parkes(Founder)inDCDavid Christopher Satori(Director)Jack Hooper(Chief Operating Officer)in

BoardDaniel Fitzgerald(Director)

Co-investorsCOCollaborative FundDEDeep Science VenturesGRGrosvenor EstateNUNucleus CapitalOLOld 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-investorsADAdvanced BlockchainAMAmentum Investment ManagementGEGenblock CapitalWOWoodstock FundHOHomegrown CapitalINIntel Capital+4 more

Shotscope sells GPS watches, handhelds, launch monitors, and laser rangefinders for golfers to track their game and improve performance.

ConsumerHardwareIoTSports Tech

Co-investorsEQEquity GapGUGuinness VenturesTHThe SidebySide PartnershipGRGrowthdeckOLOld College CapitalSCScottish Investment Bank

Singular provides a marketing analytics platform that combines cost aggregation, mobile and cross-device attribution, fraud prevention, and creative analytics for marketing teams.

AdTechMarketing TechSaaSSan Francisco, US

GEGadi Eliashiv(CEO & Co-founder)inSKSusan Kuo(COO & Co-founder)inEFEran Friedman(CTO & Co-founder)inNichael Oiknine(Executive Officer)SPStephanie Pilon(CMO)inYAYoni Amias(CCO)in

Co-investorsMEMethod CapitalNONorwest Venture PartnersTITitanium VenturesTRTransLink CapitalGEGeneral CatalystZ Z Venture Capital+3 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-investorsCACambridge Angels groupQUQubits VenturesACACF InvestorsOLOld College CapitalWRWren 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-investorsKEKelvin CapitalMAMaven Capital Partners

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

DWDavid Wither(CEO)in

BoardWill Whitehorn(Chairman)

Co-investorsEMEMV CapitalINInvesting Women AngelsKEKelvin CapitalSESeraphim SpaceSHShibumi International

StretchSense develops a control platform for managing extended reality (XR) headsets during instructor-led training, enabling real-time monitoring of learner progress, performance analytics, and device management across educational and industrial settings.

AI & Machine LearningDeep TechEdTechEnterprise SoftwareGamingHardwareEdinburgh, GB

Co-investorsBOBooster Innovation FundGDGD1GLGlobal from Day One

Synaptec develops sensor technology and solutions for the power sector.

CleantechEnergyHardware

DPDr Philip Orr(Chief Executive Officer)DNDr Neil Gordon(Chief Technology Officer)SAStephen Allan(Chief Operations & Finance Officer)in

Co-investorsELElewitEQEquity GapFOForesight

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-investorsINInvesting Women AngelsNCNCL Technology Ventures Ltd.CRCrowdcube

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-investorsALAlleyCorpALAlley Robotics VenturesAXAxeleo CapitalBABayern KapitalBLBlue Ashva CapitalOLOld 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

CWChristopher Walsh(Co-Founder / CEO & CTO)KYKe Yuan(Co-Founder / CSO)inDCDavid Chang(Co-Founder / CMO)inJLJohn Le Quesne(Co-Founder / CMO)in

Co-investorsTWTwin 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

DSDoug Stephenson(Founder)in

Co-investorsFRFrontline VenturesMAMangrove Capital PartnersPEPentech VenturesSCScottish National Investment BankTHThe SidebySide PartnershipVEVesta Ventures

Vector Photonics develops PCSELs (photonic crystal surface-emitting lasers), a type of semiconductor surface-emitting laser designed to be lower cost and easier to integrate than conventional lasers.

Deep TechHardwareSemiconductorsGlasgow, GB

DRDr Richard J E Taylor(Founder)in

Co-investorsCLClean Growth FundEQEquity GapFUFuture Planet CapitalUKUK Innovation & Science Seed FundFOForesightFOForesight Group