Ruffly, a startup based in Scotland, announced today that it had closed a £300,000 pre-seed funding round led by Techstart Ventures. Founded by software entrepreneur Matt Farrugia, the company is on a mission to eliminate the cost of software planning failures, changing the expectations of what can be predicted using data-led insights. He says that […]Read More
New investment puts Frog Systems on path to fast track growth Scottish tech start-up Frog Systems is poised to announce a set of major new signings after securing more than £500,000 in its latest investment round. The Glasgow-based company led by veteran businessman Nick Kuenssberg and principal investor Sir Rod Aldridge, has secured a host […]Read More
Parsley Box delivers £5m funding round to support steep growth trajectory London, 18 January 2021 Parsley Box, the direct-to-consumer provider of ambient ready meals focused on the underserved baby boomer+ demographic, has completed a £5 million funding round to nourish the business for ongoing stellar growth. Having first backed Parsley Box in 2019, Mobeus is […]Read More
RAB-Microfluidics secures £1.24m investment round led by Eos Advisory RAB-Microfluidics is a Scottish R&D company developing cutting edge microfluidic technology that solves oil analysis problems – Investment round includes London-based Newable Ventures, Scottish Enterprise and existing investors RAB-Microfluidics has UK and global customer base in maritime, renewable wind, other power generation, aerospace and defence, processing […]Read More
TravelNest secures £1.8m from Silicon Valley Bank and Scottish Enterprise to help drive ‘staycation’ growth at vacation rental platform TravelNest positioned for strong return to growth in line with significant shift in travel industry dynamics TravelNest improves occupancy rates for vacation rentals by increasing exposure on booking sites and reducing admin time Since lockdown measures […]Read More
Orbex Secures $24 Million Funding Round for UK Space Launch New funding secures roadmap to first launch from Sutherland spaceport in Scotland Orbex is 1st UK space-sector company to win prestigious Horizon 2020 funding Forres, UK, 10th December 2020 – Orbex, the innovative European space launch company, has secured $24 million in a funding round led by […]Read More
Citizen Ticket secures £750k in latest funding round Online ticketing and livestreaming events platform, Citizen Ticket has secured £750k in its latest investment round. This current injection to the company will be used to enhance the livestream offering developed during the first lockdown, as well as further scaling the team. The Citizen Ticket senior management […]Read More
BGF INVESTS IN NORTH EAST TECH BUSINESS BGF – the UK’s most active growth capital investor – has completed a multi-million pound investment for a minority shareholding in a Teesside-headquartered Engineering Information Management (EIM) software company, Datum360, to accelerate growth and address significant market demand. Datum360’s software platform connects disparate systems, providing a trusted data […]Read More
M SQUARED ANNOUNCES £32.5M IN NEW FINANCING TO ACCELERATE GROWTH AND ADVANCE QUANTUM TECHNOLOGIES Funding raise includes commitment from Santander UK for £20m debt facility The Scottish National Investment Bank launches today, investing £12.5m in growth funding 23rd November 2020 – Glasgow: M Squared, the photonics and quantum technology developer, today announces a significant new financing of […]Read More
Cash injection for online platform that simplifies how retailers find challenger FMCG brands Online product discovery platform, Product Guru, has secured funds of £330,000 to disrupt the traditional retail buying process by re-inventing how products end up on shelves. The investment of £230,000 from Scotmid Coop and Techstart VC, with a further £100,000 funding from […]Read More