# Scottish Enterprise's Biotech Investments: 30 Startups in Its Portfolio (2026) > The 30 Biotech startups Scottish Enterprise has backed, by stage: $568M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/scottish-enterprise-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 16 - [Valneva](https://millionrounds.com/company/valneva) - [*DM* Dysis Medical](https://millionrounds.com/company/dysis-medical) - [EnteroBiotix](https://millionrounds.com/company/enterobiotix) - [ILC Therapeutics](https://millionrounds.com/company/ilc-therapeutics) - [Pneumagen](https://millionrounds.com/company/pneumagen) - [Touch Bionics](https://millionrounds.com/company/touch-bionics) - [uFraction8](https://millionrounds.com/company/ufraction8) - [Invizius](https://millionrounds.com/company/invizius) - [Dxcover](https://millionrounds.com/company/dxcover) - [Green Bioactives](https://millionrounds.com/company/green-bioactives) - [Dyneval](https://millionrounds.com/company/dyneval) - [Nebu-Flow](https://millionrounds.com/company/nebu-flow) - [CXR Biosciences](https://millionrounds.com/company/cxr-biosciences) - [Aurum Biosciences](https://millionrounds.com/company/aurum-biosciences) - [Glox Therapeutics](https://millionrounds.com/company/glox-therapeutics) - [TC BioPharm](https://millionrounds.com/company/tc-biopharm) ## Pre-seed and seed 12 - [Macomics](https://millionrounds.com/company/macomics) - [Cumulus Oncology](https://millionrounds.com/company/cumulus-oncology) - [BIOCAPTIVA](https://millionrounds.com/company/biocaptiva) - [Kynos Therapeutics](https://millionrounds.com/company/kynos-therapeutics) - [Carcinotech](https://millionrounds.com/company/carcinotech) - [Concinnity Genetics](https://millionrounds.com/company/concinnity-genetics) - [Citruslabs](https://millionrounds.com/company/citruslabs) - [Lentitek](https://millionrounds.com/company/lentitek) - [Northern Light Microscopy](https://millionrounds.com/company/northern-light-microscopy) - [Cytochroma](https://millionrounds.com/company/cytochroma) - [Ubiquigent](https://millionrounds.com/company/ubiquigent) - [Clear Surgical](https://millionrounds.com/company/clear-surgical) ## Series A 2 - [*TG* TPP Global Development](https://millionrounds.com/company/tpp-global-development) - [Caldan Therapeutics](https://millionrounds.com/company/caldan-therapeutics) ## Segment by segment ### Stage not reported 16 startups · $470M raised - [**Valneva**](https://millionrounds.com/company/valneva) Valneva focuses on the development and commercialization of prophylactic vaccines for infectious diseases. France $310M - [*DM* **Dysis Medical**](https://millionrounds.com/company/dysis-medical) United Kingdom $57M - [**EnteroBiotix**](https://millionrounds.com/company/enterobiotix) EnteroBiotix Ltd. United Kingdom $38M - [**ILC Therapeutics**](https://millionrounds.com/company/ilc-therapeutics) ILC Therapeutics Ltd is a UK-based biotechnology company founded in 2012 and headquartered in Glasgow, Scotland. United Kingdom $10M - [**Pneumagen**](https://millionrounds.com/company/pneumagen) Pneumagen develops glycan targeted carbohydrate binding modules (CBMs) for respiratory tract infections) and cancer. United Kingdom $10M - [**Touch Bionics**](https://millionrounds.com/company/touch-bionics) Touch Bionics Inc., is a Livingston, Scotland, UK-based developer of advanced upper-limb prosthetics. United Kingdom $9.1M - [**uFraction8**](https://millionrounds.com/company/ufraction8) uFraction8 develops microfluidics-based filtration systems to help bio-manufacturers to harvest biomass sustainably and more efficiently. United Kingdom $8.3M - [**Invizius**](https://millionrounds.com/company/invizius) Invizius is a clinical-stage biotechnology company based in Edinburgh, Scotland, founded in 2018. United Kingdom $7.1M ### Pre-seed and seed 12 startups · $79M raised - [**Macomics**](https://millionrounds.com/company/macomics) Macomics Ltd is a biotechnology and immuno-oncology company based in Edinburgh, Scotland, with additional facilities in Cambridge, UK. United Kingdom $21M - [**Cumulus Oncology**](https://millionrounds.com/company/cumulus-oncology) Cumulus Oncology is a biotechnology firm based in Edinburgh, Scotland, founded in 2017. United Kingdom $17M - [**BIOCAPTIVA**](https://millionrounds.com/company/biocaptiva) BioCaptiva develops liquid biopsy technology devices to diagnose and monitoring to detect cancers. United Kingdom $12M - [**Kynos Therapeutics**](https://millionrounds.com/company/kynos-therapeutics) Kynos Therapeutics develops KMO inhibitors across key indications in inflammation, immunity, and metabolism. United Kingdom $8.5M - [**Carcinotech**](https://millionrounds.com/company/carcinotech) Carcinotech is a MedTech and biotechnology company focused on 3D bioprinting of patient-derived mini-tumors. United Kingdom $7.4M - [**Concinnity Genetics**](https://millionrounds.com/company/concinnity-genetics) Concinnity is developing an AI-driven RNA design platform to build gene control systems for gene and cell therapies. United Kingdom $3.8M - [**Citruslabs**](https://millionrounds.com/company/citruslabs) Citruslabs is a clinical research organization (CRO) founded in 2018, specializing in designing and conducting IRB-approved clinic United States $2.6M - [**Lentitek**](https://millionrounds.com/company/lentitek) Lentitek is a biotechnology company based in Edinburgh, founded in 2019. United Kingdom $2.2M ### Series A 2 startups · $19M raised - [*TG* **TPP Global Development**](https://millionrounds.com/company/tpp-global-development) TPP Global Development is a preclinical stage drug development company focused on nervous system disorders, immunology, and oncology. United Kingdom $12M - [**Caldan Therapeutics**](https://millionrounds.com/company/caldan-therapeutics) Caldan Therapeutics is a biotech company based in Edinburgh, formed as a spin-out from the Universities of Glasgow and Southern Denmark. United Kingdom $6.9M **How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Scottish Enterprise as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Sector portfolio **Scottish Enterprise's Healthtech portfolio** 12 startups · $63M](https://millionrounds.com/portfolio-maps/scottish-enterprise-healthtech-portfolio)[Sector portfolio **Scottish Enterprise's AI portfolio** 11 startups · $58M](https://millionrounds.com/portfolio-maps/scottish-enterprise-ai-portfolio)[Sector portfolio **Scottish Enterprise's IT Services portfolio** 10 startups · $25M](https://millionrounds.com/portfolio-maps/scottish-enterprise-it-services-portfolio)[Sector portfolio **Scottish Enterprise's Agtech portfolio** 10 startups · $117M](https://millionrounds.com/portfolio-maps/scottish-enterprise-agtech-portfolio)[Portfolio map **Scottish Enterprise portfolio map** 118 startups · $1.9B](https://millionrounds.com/portfolio-maps/scottish-enterprise-portfolio-map)[Co-investors **Who invests with Scottish Enterprise** 35 co-investors](https://millionrounds.com/portfolio-maps/scottish-enterprise-co-investors) ## Raising from investors like Scottish Enterprise? 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