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New programme

IoT accelerator aims to spur business growth

Paul-Wilson-Gregor-Aikman-and-Evelyn-McDonald-of-Filament-STAC
New team: Paul Wilson, Gregor Aikman and Evelyn McDonald of Filament STAC. An accelerator programme focused on the internet of things (IoT) sector has been launched in Scotland aiming toRead More

Market plan

Crover beats crowdfund target for robotic device

Crover
Going with the grain: the campaign exceeded the target Crover, an Edinburgh startup behind a robotic monitoring device, has raised £337,000 in a pre-seed crowdfunding round which exceeded its target.Read More

New firm acquired

IT firm North snapped up just months after launch

Glen Williams
Glen Williams: ‘tremendous change’ IT services and solutions provider North has been acquired by mid-market private equity investor, Livingbridge, just eight months after it was formed by specialist investment fundRead More

Cancer research

Macomics raises further funds to boost growth

lab
Scottish bioscience company Macomics, has closed a follow-on financing of £4.24 million from its 2020 seed round, bringing the total amount raised to £7.44m. The additional investment brings in newRead More

Markets report

Diageo profits surge | Shell, BAE Systems | TSB | BT

whisky bottles Diageo
REFRESH PAGE FOR UPDATES 5pm: Market buoyed by strong earnings The market was led higher by a number of positive earnings and dividend announcements from a range of corporates, whichRead More

Key milestone

World’s most powerful tidal device generates power

the-O2-by-Orbital-Marine-Power
Wave power: the O2 turbine device The most powerful tidal turbine device in the world has connected to the grid in Orkney. Orbital Marine Power’s O2 tidal turbine is anchored inRead More

Tech titans

Apple, Microsoft, Alphabet unveil record quarters

Apple branch
Apple shares fell despite record figures Google parent Alphabet, Microsoft, and Apple all reported record quarterly earnings. Apple revenue surged 36% from a year ago to $81.4 billion, its bestRead More

Birmingham expansion

Phlo launches second online pharmacy hub

Adam-Hunter-and-Nadeem-Sarwar
Nadeem Sarwar, right, with chief commercial officer Adam Hunter (pic: Terry Murden) Phlo, the UK’s first online pharmacy providing a same-day medication delivery service, has expanded to Birmingham. It isRead More

Growth plan

Space tech firm R3-IoT to go global after funding deal

Allan-Cannon-and-Kevin-Quillien-of-R3-IoT
Co-founders Allan Cannon and Kevin Quillien  Satellite-enabled connectivity start-up R3-IoT is planning international expansion after closing a £3.1million seed investment round led by US-based venture capital firm Space Capital, joinedRead More

Market report

Alliance Trust reviews divi | New Ted Baker HQ| Brewin Dolphin

Ted Baker
REFRESH PAGE FOR UPDATES 10pm: New gains for Wall Street Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major USRead More