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 $250K – $2M.

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.

Scottish Investment Bank

Government fund

Glasgow · Seed–Growth · 6 people tracked

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into Scottish Investment Bank

928 people in our graph share verified history with the Scottish Investment Bank team — schools, employers, funds. One of them is your warm intro.

Chris Morrisunlockedknows Gill McNeill · together at Lloyds Bank (overlapped)

knows the team · via Scottish Development International

×3knows the team · via Marks and Spencer plc

knows the team · via UK Civil Service

knows the team · via Virgin Money UK PLC

knows the team · via WU (Vienna University of Economics and Business)

✨ Fox Verdict

Investment thesis

Operating as part of Scottish Enterprise (formerly the Scottish Investment Bank), the team aims to boost equity funding for globally ambitious Scottish companies by ensuring the right funding reaches the right companies at the right time. It co-invests alongside private investors such as business angels, angel syndicates, venture capital groups and corporate investors through funds like the Scottish Co-Investment Fund and Scottish Venture Fund, and offers loan funding via the Scottish Loan Scheme. It also supports management buyouts, provides market intelligence on Scotland's risk finance market, and helps companies become investor-ready across a range of sectors and growth stages.

Invests inAdvanced Manufacturing Biotech Cleantech Energy Fintech Healthtech IoT Quantum Computing SaaSSector AgnosticSemiconductors Space Tech United Kingdom

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Growth

Check

$250K – $2M

Glasgow, GB

Leads rounds

Follows

Instruments

Equity · Debt · Grants

Founded

2009

Tracked investments

Team · 6 people

from the firm's website

Adrian Gillespie· Chief Executive· Glasgow, Scotland, United Kingdomin

Chief Executive of Scottish Enterprise, leading the agency's work to transform Scotland's economy. Previously Chief Commercial Officer at the University of Strathclyde and a longtime Scottish Enterprise executive; holds an accountancy degree and an MBA.

Gill McNeill· Chief People Officer of People, Digital and Communications· Glasgow, Scotland, United Kingdomin

Leads the People, Digital and Communications function. Formerly Head of People Services at Virgin Money with 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· Scotland

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· Edinburgh, Scotland, United Kingdomin

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· New Zealandin

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.

What they invest in

from 9 of 9 portfolio companies

Hardware ×3IoT ×3AI & Machine Learning ×2Biotech ×2Consumer ×2Deep Tech ×2Direct to Consumer ×2E-commerce ×2

HQs:United Kingdom×7

Investments · 9 tracked

founders shown can be your intro path

Machines with Visionmachineswithvision.com in✓ verified

Machines with Vision provides infrastructure condition monitoring solutions for rail networks, using camera-based sensors on trains to capture millimeter-accurate location data combined with third-party sensor measurements to create centralized maps for predictive maintenance.

AI & Machine LearningClimate TechHardwareIoTRoboticsEdinburgh, GB

Anthony Ashbrook(Co-founder and CEO)inTim LukinsinJan Wessnitzer(Co-founder and Innovation Lead)inMatt Farrugia(Co-founder & Director)in

Co-investorsOld College Capital TechFounders

Amphistaamphista.com in 𝕏

Amphista Therapeutics develops next-generation targeted protein degradation (TPD) medicines using its proprietary Targeted Glue technology, which is engineered to selectively trigger the destruction of disease-causing proteins.

BiotechCambridge, GB

Louise Modis(Chief Executive Officer)inMartin Pass(Chief Development Officer)inGiles Brown(Executive VP Drug Discovery)in

Co-investorsAdvent Life Sciences Novartis Venture Fund SV Health Investors Dementia Discovery Fund European Investment Fund Forbion +1 more

Bellfield Brewerybellfieldbrewery.com 𝕏

Bellfield Brewery is an independent Edinburgh craft brewery producing certified gluten-free and vegan beers, including IPAs, hoppy ales, lagers, and pilsners.

ConsumerDirect to ConsumerE-commerceFoodTechEdinburgh, GB

Co-investorsEquity Gap

Calciviscalcivis.com

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 Bank British Business Bank Maven Capital Partners Scottish Enterprise

FINDRAfindraclothing.com in

FINDRA is a clothing brand offering technical performance and outdoor apparel for activities such as mountain biking, swimming, and adventure sports.

ConsumerDirect to ConsumerE-commerce

Alexandra Feechan(Founder)in

Co-investorsInvesting Women Angels

Gas Sensing Solutionsgassensing.co.uk in 𝕏

Gas Sensing designs and manufactures solid-state CO2 and methane sensors using patented mid-infrared LED technology, serving aerospace, agriculture, industrial safety, medical devices, and indoor air quality monitoring sectors.

Deep TechHardwareIoTUK, GB

James Murray Brown(Financial Director)in

BoardNeill Ricketts(Executive Chairman)

Co-investorsTRICAPITAL

pureLiFipurelifi.com in 𝕏

pureLiFi develops wireless communications technology that transmits data using visible light rather than radio frequencies, marketed as an alternative to WiFi with enhanced security, reliability, and performance characteristics.

Deep TechHardwareIoT

Co-investorsIn-Q-Tel Scottish National Investment Bank London & Scottish Investment Partners Old College Capital Temasek

QueryClickqueryclick.com in 𝕏

QueryClick is a UK-based independent digital marketing agency offering full-service search optimisation, including technical SEO, paid media, and AI/answer-engine optimisation.

AdTechAI & Machine LearningMarketing Tech

Chris Liversidge(Founder)in

Quorum Cyberquorumcyber.com in 𝕏Jan 2022

Quorum Cyber is a Microsoft-first global cyber security services provider offering managed risk and professional services.

Cloud ComputingCybersecurityEnterprise SoftwareSaaSEdinburgh, GB

Federico Charosky(Founder & Non Executive Director)in

Co-investorsMaven Capital Partners Livingbridge

Portfolio news

latest coverage across their companies

Quorum Cyber Raises $3.4 | Signalbase

Quorum Cyber · trysignalbase.com · Mar 25, 2026

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 Enterprise — 75–100% 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 $250K – $2M.
What sectors does Scottish Investment Bank focus on?: Scottish Investment Bank focuses on Advanced Manufacturing, Biotech, Cleantech, Energy, Fintech, Healthtech, IoT, Quantum Computing, SaaS, Sector Agnostic, 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

Similar investors

Alumni Ventures

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.

$100K – $10M

Scottish Enterprise

Scottish Enterprise is Scotland's national economic development agency, supporting businesses to innovate, scale and attract investment to transform Scotland's economy.

Everywhere Ventures

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.

$250K

Qbic Fund

Qbic is an inter-university venture capital fund that turns technological breakthroughs from its partner universities, research institutes and hospitals into sustainable businesses.