Fundraising Fox

Scottish National Investment Bank

Government fund

Edinburgh · Growth · 29 people tracked

Also known as Prec0110 Plc

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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.

Stage
Growth
Check
$1.3M
HQ
Edinburgh, GB
Instruments
Equity · Debt
Founded
2020
Tracked investments
52

Team · 29 people

from the firm's website
Mark Munro· Chief Investment Officer
Ailsa Young· Investment Director
Andy Clapp· Executive Director - Investment Portfolio Management
Craig Stevens· Investment Director
Jane Reoch· Executive Director - Investment
Jimmy Williamson· Executive Director - Investment
Laura Fidao· Investment Director
Nicola Douglas· Executive Director - Investment
Richard Skillen· Director - Investment Portfolio Management
Robin Tayal· Director - Net Zero
Susan Campbell· Director - Market Creation (Place)
Alison Talbot· Chief Risk Officer and General Counsel
Carolyn Jameson· Non-executive Director and Senior Independent Director
Craig Wood· Chief Financial Officer
Gary Page· Non-executive Director
Jacqueline Redmond· Non-executive Director and Chair of Risk Management and Conflicts Committee
Jason McGibbon· Non-executive Director and Chair of Investment Oversight and Valuations Committee
Jonathan Taylor· Non-executive Director
Kay Smith· Chief People Officer
Nicola Pidgeon· Chief People Officer
Peter Knott· Non-executive Director and Chair of Audit Committee
Rishi Thapar· Executive Director - Head of Investment Risk
Sandy MacDonald· Executive Director - Impact Assessment & Reporting
Simon Wilson· Executive Director – Head of Compliance & MLRO
Tracey Ashworth-Davies· Non-executive Director and Chair of Remuneration and Nominations Committee
Willie Watt· Chair
Zara Diloo· Executive Director – Head of Investment Legal

What they invest in

from 10 of 52 portfolio companies

Biotech ×4Healthtech ×4Medical Devices ×3Deep Tech ×2Hardware ×2SaaS ×2Travel & Hospitality ×2Consumer ×1

HQs:United Kingdom×3United States×1

Investments · 52 tracked

founders shown can be your intro path
Aquora
Ardersier Port
Aurora Energy Services
Biolibertybioliberty.com

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 DevicesRobotics

Calciviscalcivis.com

CALCIVIS develops a chairside imaging system that uses bioluminescent photoproteins to detect and monitor early-stage demineralization from dental caries in real time.

BiotechHealthtechMedical DevicesEdinburgh

Bruce Vernon(Director)Peter Anthony Rees(Director)Adam Christie(Director)James Jonathan Browning(Director)

Cumulus Oncologycumulusoncology.com

Cumulus Oncology builds a risk-adjusted portfolio of preclinical-stage oncology drug assets, using a platform-agnostic, data- and milestone-driven curation process to advance cancer therapeutics for defined patient populations with high unmet medical need.

BiotechHealthtech

Clare Wareing(CEO)

Cyacombcyacomb.com

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

Devilla Battery Energy Storage System
DITT Construction Ltd
Elasmogenelasmogen.com

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

EnteroBiotixenterobiotix.com

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)James Barnes(Executive Officer)

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

Epidarex Capitalepidarex.com
FOR:EV
Forrit
GoFibre
Gresham House Forestry Fund
Highland Broadband Group
Highland Coast Hotelshighlandcoasthotels.comin

Highland Coast Hotels operates a collection of hotels across the Scottish Highlands, offering accommodation, dining, and event venues for leisure and event guests.

ConsumerTravel & Hospitality

Highview
iGiiigii.uk

Gii is a 3D carbon nanomaterial platform for electrochemical sensing, offering an alternative to noble metals, printed carbon and graphene for ultra-sensitive, multi-analyte detection.

Deep TechHardwareNew Materials

IndiNature
Innovatium
Iona Wind Partnership
L & G Build to Rent Fund
Launchpad
Leap Automation

Provider of end-of-line packing automation solutions for the food and drink industry.

Lost Shore
Mironidmironid.comin𝕏

Mironid develops drug therapies targeting cAMP degrading phosphodiesterase enzymes for autosomal dominant polycystic kidney disease and other rare kidney diseases with significant unmet medical needs.

BiotechHealthtechMedical Devices

Adele Rowley(Chief Scientific Officer)

NCIMB
North Star Renewables
Nova Innovation
Octopus Capital
Orbexorbex.space
Orbital Marine Power
Par Equity

Edinburgh-based venture investor founded in 2008 backing high-growth technology companies in the North of the UK; Murray Capital invested in Par Equity Ventures Fund I.

Pentland Floating Offshore Wind Project
Port of Aberdeen
Pulpex
pureLiFipurelifi.com

pureLiFi develops LiFi technology that transmits data and provides wireless internet access using light rather than radio frequency.

Deep TechHardwareIoT

Renewco Power
Social and Sustainable Capital
Stornoway Port
Strathcarron Homes
Subsea Micropiles
Sunampsunamp.com
Thriving Investments
Thriving Investments (formerly PfP Capital)
Travelnesttravelnest.comin𝕏

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

Utopi
Verlume
Whiteburn Projects Limited
ZeroAvia

Pioneering short-haul hydrogen aviation

Hollister, US

Valery Miftakhov(Executive Officer, Director, Promoter)Sergey Kiselev(Director)

BoardGeoff Eisenberg(Director)Matt Eggers(Director)Christine Ourmieres-Widener(Director)

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Alison Janet Talbot

Secretary · since 2023

Tracey Anne Ashworth-Davies

Director · British · since 2020

Carolyn Hay

Director · British · since 2020

Peter Richard Andrew Knott

Director · British · since 2020

Jason Scott Mcgibbon

Director · British · since 2020

Gary Edward Page

Director · British · since 2024

David Alexander Ritchie

Director · British · since 2026

Jonathan Mcleod Grigor Taylor

Director · British · since 2020

William Geddie Watt

Director · British · since 2020

Craig John Wood

Director · British · since 2026

Ownership & control

The Scottish Ministers75–100% of shares, 75–100% of voting rights

Frequently asked questions

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.

Images

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