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Backing from new fund

Cancer therapy spin-out Macomics raises £3.2m

Elizabeth Roper
Elizabeth Roper: leading the investment Edinburgh University medical spin-out Macomics, has raised £3.2 million in a seed financing round led by transatlantic VC Epidarex Capital, with the Scottish Investment BankRead More

Investment round

Drug discovery accelerator secures £1.7m backing

Clare-Wareing-and-Alan-Wise-of-Cumulus-Oncology-and-Mark-Beaumont-and-Andrew-McNeill
Clare Wareing and Alan Wise of Cumulus Oncology and Mark Beaumont and Andrew McNeill Europe’s first oncology drug discovery accelerator, Cumulus Oncology, has received £1.7 million from a consortium of investorsRead More

AgriTech support

Dolly marketing firm raising £50m for global food projects

Dolly the Sheep
Dolly the Sheep came out of Roslin Roslin Technologies, which was formed to commercialise the work of Dolly the Sheep’s creators, is raising £50 million to invest in food efficiencyRead More

Breakthrough product

Biotech firm E&O lands £7m Covid testing deal

E&O Labs
E&O makes the solution at Bonnybridge Scottish biotech firm E&O Labs has secured a deal worth up to £7m with NHS Scotland after creating a chemical solution that improves theRead More

New premises

Electric Cycle Co raising £70k as bike sales soar

Neill Hope
Neill Hope: ‘a revolution in cycling’ An electric bicycle retailer is capitalising on the rapid growth in cycling by launching a crowdfunding campaign to support its move into larger premises.Read More

Seed funding deal

E-commerce firm Machine Labs raises £1m ‘at difficult time’

Andrew Veitch
Andrew Veitch: great first year Machine Labs, the automated e-commerce platform, has raised £1 million in seed funding led by Techstart Ventures alongside the founders, the angel investors Bill DobbieRead More

New office opens

Breathe Easy expands as clear mask demand grows

Gavin McAdam and Rodney Mountain
Gavin McAdam and Rodney Mountain at the launch of Breathe Easy’s new office (pic: Terry Murden) A company which has developed clear face masks for the hard of hearing hasRead More

New firms backed

Angels plug funding gap for early stage firms

David Grahame, Linc Scotland
David Grahame: ‘extremely encouraging’ Angel investors have continued to plug a gap in early stage funding during the lockdown, says an umbrella group. Approximately 20% of the investment by angelRead More

Fish investment

Van der Kuyl and Burns invest in aquaculture firm

Chris-van-der-Kuyl-with-Ace-Aquatec-CEO-Nathan-Pyne-Carter
Fishy deal: Chris van der Kuyl and Nathan Pyne-Carter Tech entrepreneurs Chris van der Kuyl and Paddy Burns have invested in Dundee-headquartered aquaculture technology specialist Ace Aquatec. It develops acoustic deterrentRead More

30 jobs for Scotland

Mixed views for Trustpilot as hub heads to capital

Steve-Garland-and-Carolyn-Jameson
Steve Garland and Carolyn Jameson A Danish company setting up an Edinburgh branch of its website review platform aiming to improve trust in business has received mixed reviews on itsRead More