Scottish National Investment Bank
Government fundEdinburgh · Growth · 32 people tracked
Also known as Prec0110 Plc
Investment thesis
The Bank operates as a mission-driven development investment bank for Scotland, providing patient, long-term capital to businesses, projects and communities to support a fairer, more sustainable economy. Beyond deploying its allocated public capital, it aims to attract additional private capital to invest alongside it in pursuit of its missions and to deliver broad mission impact across the Scottish economy.
Source: firm website, verified Aug 3, 2026.
Team · 32 people
from the firm's website & curatedWhat they invest in
from 26 of 53 portfolio companiesCleantech ×8Energy ×7Climate Tech ×6Biotech ×5Healthtech ×5Medical Devices ×5SaaS ×5Deep Tech ×4
HQs:United Kingdom×20United States×2
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×72 founders×3
Investments · 53 tracked
founders shown can be your intro pathNova Innovation develops offshore tidal and floating solar energy systems for renewable power generation.
CleantechClimate TechEnergyScotland, GB
Simon Forrest(Chief Executive Officer, Co-founder)Gary Connor(Chief Technical Officer, Co-founder)
Bioliberty develops the Lifehub Clinic system, combining soft robotic wearables, gamified therapy, and AI insights to help clinicians deliver physical and occupational therapy to patients recovering from mobility issues such as stroke.
Digital HealthMedical DevicesRoboticsEdinburgh, GB
Rowan Armstrong(Founder)Shea Quinn(Founder)
Co-investorsBallad 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)Jill McGregor(COO)Bruce Vernon(Co-founder & CTO)Peter Anthony Rees(Director)Adam Christie(Co-founder & CEO)James Jonathan Browning(Director)
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 Advisory
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
Chris Johnson(Chief Executive Officer)Alan McConnell(Chief Operating Officer)Martin Reynard(Chief Financial Officer)
soloMER anti-inflammatory drug designed to be delivered to specific sites in the body.
Co-investorsDeepbridge Capital
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 Enterprise
Epidarex is a venture capital firm that invests equity in early-stage life science and health technology companies, particularly university spin-outs and startups in under-ventured research hubs across the UK and US.
BiotechHealthtechMedical Devices
Co-investorsEnterprise Capital Funds
Highland Coast Hotels operates a collection of distinctive hotels across the NC500 route in the Scottish Highlands, emphasizing local partnerships and environmental stewardship.
ConsumerTravel & HospitalityHighlands, GB
Co-investorsKings Park Capital
iGii develops and manufactures Gii, a proprietary 3D porous pure carbon material for high-performance sensing, heating, and energy technologies.
Advanced ManufacturingCleantechDeep TechEnergyHardwareNew MaterialsScotland, GB
Dr. Marco Caffio(Co-founder & CSO)Jean-Christophe Granier(CEO & CCO)
IndiNature produces bio-based insulation materials for building construction, including thermal insulation boards and acoustic solutions.
CleantechConstruction TechNew Materials
The National Kidney Foundation works to eliminate preventable kidney disease, accelerate innovation in patient care, and address structural inequities in kidney treatment and transplantation services.
HealthtechImpact & Social Good
Co-investorsYsios CapitalBioGeneration VenturesEpidarex CapitalRoche Venture FundSofinnova Partners
Provider of end-of-line packing automation solutions for the food and drink industry.
Co-investorsAlba Equity
Lost Shore Surf Resort operates Europe's largest wave pool near Edinburgh, offering surfing, accommodation, dining, and wellness experiences such as a spa and sauna.
ConsumerTravel & HospitalityWellness & FitnessEdinburgh, GB
Andy Hadden(Founder)in
Mironid is a drug development company building a pipeline of therapies targeting cAMP-degrading phosphodiesterase enzymes to treat Autosomal Dominant Polycystic Kidney Disease (ADPKD) and other rare kidney diseases.
BiotechMedical Devices
Adele Rowley(Chief Scientific Officer)in
Co-investorsEpidarex CapitalRoche Venture FundSofinnova PartnersBioGeneration Ventures
Co-investorsOctopus Ventures
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)Chris Milne(Chief Financial Officer)
BoardSian George(Board Chair)
Par Equity is a venture capital firm that merged with Praetura Ventures and Praetura Investments to form PXN Group.
North of UK, GB
Co-investorsMurray Capital
The Port of Aberdeen is a port authority managing shipping and terminal operations with a focus on energy transition, trade, and tourism in Scotland.
EnergyImpact & Social GoodLogistics & Supply ChainAberdeen, GB
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-TelLondon & Scottish Investment PartnersOld College CapitalScottish Investment BankTemasek
SASC is a UK-based social investment fund that provides capital to social sector organisations addressing social challenges, with a focus on building financial self-sufficiency and social impact alongside financial returns.
FintechImpact & Social GoodSocialNew Malden, GB
Co-investorsEquity Gap
Thriving Investments is a vertically integrated fund manager and investment specialist focused on creating sustainable residential communities in the UK living sector.
Climate TechFintechImpact & Social GoodPropTech
Cath Webster(Chief Executive Officer)John Tatham(Chief Operating Officer)Jamie Younger(Chief Investment Officer)
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 VenturesThe SidebySide PartnershipVesta Ventures
Verlume develops Axonn, an intelligent energy management system that integrates renewable power generation and distributed energy storage into critical infrastructure and harsh environments, particularly in offshore and subsea applications.
CleantechClimate TechDeep TechEnergyHardware
David(CEO)
ZeroAvia develops hydrogen-electric powertrain technology for aircraft, aiming to enable zero-emission aviation.
CleantechClimate TechDeep TechMobility & TransportationHollister, US
Valery Miftakhov(Executive Officer, Director, Promoter)Sergey Kiselev(Director)inJames McMicking(Chief Strategy Officer)in
BoardGeoff Eisenberg(Director)inMatt Eggers(Director)inChristine Ourmieres-Widener(Director)
Co-investorsAP VenturesBreakthrough Energy VenturesDniproEcosystem Integrity FundHorizons VenturesSGH Capital+8 more
Portfolio news
latest coverage across their companiesZeroAvia x-tech-robotics · flightglobal.com · Aug 20, 2026
Mironid · eu-startups.com · Aug 7, 2026
Kidney · eu-startups.com · Aug 7, 2026
EnteroBiotix · healthcaretoday.com · May 13, 2026
Principals & officers · per Companies House
what is this? ⓘSecretary · since 2023
Director · British · since 2020
Director · British · since 2020
Director · British · since 2020
Director · British · since 2020
Director · British · since 2024
Director · British · since 2026
Director · British · since 2020
Director · British · since 2020
Director · British · since 2026
The Scottish Ministers — 75–100% of shares, 75–100% of voting rights
Frequently asked questions
- How many investments has Scottish National Investment Bank made?
- Scottish National Investment Bank has 51 tracked investments.
- What stage does Scottish National Investment Bank invest at?
- Scottish National Investment Bank invests at the Growth stage.
- What is Scottish National Investment Bank's typical check size?
- Scottish National Investment Bank typically writes checks of $1.3M.
- What sectors does Scottish National Investment Bank focus on?
- Scottish National Investment Bank focuses on AI & Machine Learning, Cleantech, Climate Tech, Energy, Impact & Social Good, PropTech, Sector Agnostic.
- Where is Scottish National Investment Bank located?
- Scottish National Investment Bank is headquartered in Edinburgh, GB.
- Who does Scottish National Investment Bank co-invest with?
- Scottish National Investment Bank most often shares deals with Alba Equity, Archangels, Frontline Ventures, among 27 tracked co-investors.
Images
Similar investors
Innovestor is a Finnish investment manager active in venture capital, real estate, and energy storage, and also provides corporate venturing services.
BDC (Business Development Bank of Canada) is a bank supporting Canadian small and medium-sized businesses across all industries and growth stages with financing and advisory services.
Giant Ventures is a venture capital firm investing in technology that transforms civilization's foundational systems across sectors including AI, energy, materials, industry, work, finance, biology and healthcare.
Neulogy Ventures is a venture capital firm backing early-stage technology companies, with a focus on ambitious ideas across technology, climate and health, primarily in the Central and Eastern Europe region.
Orbia Ventures is the corporate venture capital arm of Orbia, backing startups focused on climate technology, decarbonization, sustainability, circular economy, food security, water infrastructure, data access, and energy storage.







































