Fundraising Fox

Scottish Investment Bank

Government fund

Glasgow · Seed–Growth · 6 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

As the investment function of Scottish Enterprise (formerly the Scottish Investment Bank), the team aims to boost equity funding for globally ambitious Scottish companies, ensuring the right funding reaches the right companies from the right sources. It offers co-investment funds that match private investors such as business angels, syndicates, venture capital groups and corporate investors, alongside loan funding via the Scottish Loan Scheme. It provides advisory support to prepare companies for investment, connects them with international investors, and delivers market intelligence on Scotland's risk finance market. It also integrates ESG considerations through a Responsible Investment Framework.

Source: firm website, verified Aug 2, 2026.

Stage
Seed–Growth
Check
$320K – $2.6M
HQ
Glasgow, GB
Leads rounds
Follows
Instruments
Equity · Grants
Founded
2009

Team · 6 people

from the firm's website
Adrian Gillespie· Chief Executive

Chief Executive of Scottish Enterprise, leading the agency's work to transform Scotland's economy. Previously the University of Strathclyde's first Chief Commercial Officer, and earlier spent sixteen years at Scottish Enterprise as Managing Director of Operations.

Gill McNeill· Chief People Officer of People, Digital and Communications

Leads the People, Digital and Communications function. Previously Head of People Services at Virgin Money and held senior HR roles at BAE Systems, Leidos and Lloyds Banking Group.

Jane Martin· Managing Director of Innovation and Investment

Leads Scottish Enterprise's innovation and investment work, sponsoring the Scaling Innovation mission with a focus on life sciences, industrial biotechnology, space, fintech, quantum, photonics and semiconductors. On the Executive Leadership Team since 2015.

Kerry Sharp· Chief Finance & Investment Officer

Scottish Enterprise's first Chief Finance & Investment Officer, overseeing financial governance and attracting investment to Scotland. Previously led teams supporting high-growth companies with funding and commercial equity investment, and worked in venture capital and corporate banking. Qualified accountant and chartered banker.

Reuben Aitken· Managing Director, Energy Transition and International Operations

Joined the Executive Leadership Team in 2022 to lead the international agenda and energy transition mission, heading Scottish Development International. A former diplomat and energy regulator who previously led trade policy at the Scottish Government.

Rhona Allison· Managing Director of Productivity and Business Growth

Leads support services for growth companies and sponsors the mission to drive capital investment. Has a background in life sciences and previously set Scottish Enterprise's Life Science strategy.

Principals & officers · per Companies House

what is this? ⓘ
Stuart Andrew Clarke

Secretary · since 2009

Clair Yvonne Alexander

Director · British · since 2025

Alan Maitland

Director · British · since 2019

Ownership & control

Scottish Enterprise75–100% of shares, 75–100% of voting rights, right to appoint and remove directors

Frequently asked questions

What stage does Scottish Investment Bank invest at?
Scottish Investment Bank invests at the Seed, Series A, Growth stages.
What is Scottish Investment Bank's typical check size?
Scottish Investment Bank typically writes checks of $320K – $2.6M.
What sectors does Scottish Investment Bank focus on?
Scottish Investment Bank focuses on Advanced Manufacturing, Biotech, Cleantech, Energy, Fintech, Healthtech, IoT, Quantum Computing, SaaS, Semiconductors, Space Tech.
Where is Scottish Investment Bank located?
Scottish Investment Bank is headquartered in Glasgow, GB.
Does Scottish Investment Bank lead rounds?
Scottish Investment Bank typically participates in rounds rather than leading them.

Images

Scottish Investment Bank photo

Similar investors

Featured in lists