Biscuit Tin, an Edinburgh, Scotland-based digital legacy vault company, raised £300K in funding.
ILC Therapeutics, a Glasgow, Scotland-based biotechnology company, raised £3.5M in Pre-IPO funding.
Macomics, an Edinburgh, Scotland & Cambridge, UK-based immuno-oncology company, raised £4.24M in funding.
Scottish football club Rangers Glasgow has revailed their plans to list on the London Stock Exchange’s Alternative Investment Market to raise up to £20m. The legendary club intends to use the funds for strengthening the player squad, improving and developing their properties and facilities. Formed in 1872, The Rangers Football Club has won 54 League titles, 33 […]
NGenTec, a wind-power technology firm formed at the University of Edinburgh, Scotland, UK, raised £200,000 from Old College Capital, a new funding initiative launched by the University of Edinburgh. The company, which is developing a novel generator for use in large wind turbines, recently received a £4m investment from a Dutch venture capital fund, Scottish […]
The University of Edinburgh has created its investment arm that focuses on providing funding to the university’s spin-out and start-up companies. Old College Capital, a limited partnership, will make three to five mid and late-stage venture investments into companies as they grow and develop. The investments will be made as part of large deals involving […]
The Scottish Investment Bank has selected Glasgow-based Maven Capital Partners UK LLP to manage the Scottish Loan Fund. The new fund will target Small to Medium Sized Enterprises (SMEs) with an established operational trading base in Scotland and an annual turnover of more than £1m. Applicant businesses should have sustainable operating profits, positive cash generation […]
ImmunoSolv, an Edinburgh, Scotland, UK-based developer of immunology platform technology, has merged with Aberdeen-based Grampian BioConsultants Limited. The merged company will retain the name ImmunoSolv Limited. The transaction provides ImmunoSolv with a complementary portfolio of immunology and immuno-technology expertise to target the key global emerging markets for its Dead-Cert® dead-cell removal technology platform* and its […]
TPP Global Development (TPP), an Edinburgh, Scotland, UK-based innovative drug development company operating in the preclinical area of the drug discovery process, has raised £9.6m in equity financing. TPP has raised funds from a select group of investors, including the Scottish Venture Fund. The capital infusion will be used to execute the company’s strategy to […]
ITS Group, a provider of oilfield equipment and services to the global oil and gas industry, announced a $55m equity investment from leading energy-focused private equity firm Lime Rock Partners. The agreement provides Lime Rock with a minority stake in ITS Group in return for providing growth capital to be used to support the company’s […]