Fundraising FoxScottish Investment Bank
Government fundGlasgow · Seed–Growth · 6 people tracked
Find your way into Scottish Investment Bank
998 people in our graph share verified history with the Scottish Investment Bank team — schools, employers, funds. One of them is your warm intro.
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.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from the firm's website
What they invest in
from 13 of 15 portfolio companiesBiotech ×5Deep Tech ×3Hardware ×3IoT ×3AI & Machine Learning ×2Climate Tech ×2Consumer ×2Direct to Consumer ×2
HQs:United Kingdom×9United States×1
Investments · 17 tracked
founders shown can be your intro pathBy year:2026 · 12022 · 12020 · 12019 · 22018 · 16 dated
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 CapitalTechFounders
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 SciencesNovartis Venture FundSV Health InvestorsDementia Discovery FundEuropean Investment FundForbion+2 more
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
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 Enterprise
Causeway Media Partners is an investment firm that backs companies across sports, media, entertainment, and technology, with a portfolio spanning events platforms, fitness technology, and sports enterprises.
Media & EntertainmentSports Tech
Co-investorsCauseway Partners
University of Edinburgh spin-out clinical-phase biotech developing C-Met molecular targeting technology for cancer radiotherapy and imaging.
Co-investorsEpidarex Capital
soloMER anti-inflammatory drug designed to be delivered to specific sites in the body.
Aberdeen, GB
Professor Caroline Barelle MBA(Founder & Chief Executive Officer)Professor Andy Porter FRSB, FRSE(Co-founder & Chief Technical Officer)Dr Obinna Ubah(Founding member; Autoimmunity/Immunology Lead)
Co-investorsDeepbridge CapitalScottish National Investment BankInnovate UKScottish Enterprise
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 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
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-investorsCalculus Capital Ltd.CalculusMercia VenturesOld College CapitalScottish Enterprise
MGB Biopharma is a biopharmaceutical company focused on drug development, with expertise spanning clinical practice, medical science, and the transition from preclinical to clinical development for biologics and small molecules.
Biotech
Dr Miroslav Ravic(Chief Executive Officer, Chief Science Officer & Chief Medical Officer)Raymond Spencer(Chief Financial Officer)Chris Wardhaugh(Chief Business Officer)
Co-investorsArchangelInnovate UK
Mocean develops offshore renewable power systems that combine wave, solar, and energy storage to deliver clean electricity for subsea assets, serving operators in offshore energy and carbon capture and storage (CCS) sectors.
CleantechClimate TechEnergyEdinburgh
James Cameron McNatt(Director)Andrew Coleman(Director)
BoardChristopher Heinz Retzler(Director)Torger Skillingstad(Director)Iain Sinclair(Director)Lynne Ross(Director)
Co-investorsEquity GapInnovate UKOld College Capital
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-TelScottish National Investment BankLondon & Scottish Investment PartnersOld College CapitalTemasek
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 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 PartnersLivingbridge
Shotscope sells GPS watches, handhelds, launch monitors, and laser rangefinders for golfers to track their game and improve performance.
ConsumerHardwareIoTSports Tech
Co-investorsEquity GapGuinness VenturesThe SidebySide PartnershipGrowthdeckOld College CapitalScottish Enterprise
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Portfolio news
latest coverage across their companiesElasmogen · elasmogen.com · Jan 6, 2026
Principals & officers · per Companies House
what is this? ⓘSecretary · since 2009
Director · British · since 2025
Director · British · since 2019
Scottish Enterprise — 75–100% of shares, 75–100% of voting rights, right to appoint and remove directors
Frequently asked questions
- How many investments has Scottish Investment Bank made?
- Scottish Investment Bank has 15 tracked investments, including 1 dated in the last 24 months.
- 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
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