# Who Invests With Scottish Enterprise: 35 Co-Investors (2026) > The 35 investors that have backed two or more of the same startups as Scottish Enterprise, by kind: vc firms, angels and networks and private equity and... Source: https://millionrounds.com/portfolio-maps/scottish-enterprise-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 21 - [Innovate UK](https://millionrounds.com/fund/innovate-uk) - [Par Equity](https://millionrounds.com/fund/par-equity) - [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) - [*SI* Scottish Investment Bank](https://millionrounds.com/fund/scottish-investment-bank) - [Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) - [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) - [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) - [Pentech Ventures](https://millionrounds.com/fund/pentech-ventures) - [*E* E-Synergy](https://millionrounds.com/fund/e-synergy) - [Braveheart Investment Plc](https://millionrounds.com/fund/braveheart-investment-group-plc) - [PXN Ventures](https://millionrounds.com/fund/pxn-ventures) - [Crowdcube](https://millionrounds.com/fund/crowdcube) - [Seraphim Space](https://millionrounds.com/fund/seraphim-space) - [Mercia Tech](https://millionrounds.com/fund/mercia-tech) - [Ascension](https://millionrounds.com/fund/ascension) - [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) - [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) - [ACF Investors](https://millionrounds.com/fund/acf-investors) - [Sigma Capital Group Plc](https://millionrounds.com/fund/sigma-capital-group) - [*S* Sting](https://millionrounds.com/fund/sting) - [IP Group](https://millionrounds.com/fund/ip-group) ## Angels and networks 6 - [Archangels](https://millionrounds.com/fund/archangels) - [Equity Gap](https://millionrounds.com/fund/equity-gap) - [SFC Capital](https://millionrounds.com/fund/sfc-capital) - [TRICAPITAL](https://millionrounds.com/fund/tricapital-angels-limited) - [Green Angel Ventures](https://millionrounds.com/fund/green-angel-ventures) - [Kelvin Capital](https://millionrounds.com/fund/kelvin-capital) ## Private equity and asset managers 5 - [Maven Capital Partners](https://millionrounds.com/fund/maven-capital-partners) - [Foresight Group](https://millionrounds.com/fund/foresight-group) - [Business Growth Fund](https://millionrounds.com/fund/bgf) - [Apollo](https://millionrounds.com/fund/apollo-global-management) - [Scottish Equity Partners](https://millionrounds.com/fund/scottish-equity-partners) ## Government funds 3 - [UK government](https://millionrounds.com/fund/uk-government) - [Advanced Propulsion Centre UK](https://millionrounds.com/fund/advanced-propulsion-centre-uk) - [SBRI Healthcare](https://millionrounds.com/fund/sbri-healthcare) ## Segment by segment ### VC firms 21 investors - [**Innovate UK**](https://millionrounds.com/fund/innovate-uk) VC firm United Kingdom 21 backed - [**Par Equity**](https://millionrounds.com/fund/par-equity) VC firm United Kingdom 19 backed - [**Old College Capital Lp**](https://millionrounds.com/fund/old-college-capital) VC firm United Kingdom 17 backed - [*SI* **Scottish Investment Bank**](https://millionrounds.com/fund/scottish-investment-bank) Investment firm - 7 backed - [**Techstart Ventures**](https://millionrounds.com/fund/techstart-ventures) VC firm United Kingdom 6 backed - [**Mercia Asset Management**](https://millionrounds.com/fund/mercia-ventures) VC firm United Kingdom 4 backed - [**Future Planet Capital**](https://millionrounds.com/fund/future-planet-capital) VC firm United Kingdom 4 backed - [**Pentech Ventures**](https://millionrounds.com/fund/pentech-ventures) VC firm Germany 3 backed ### Angels and networks 6 investors - [**Archangels**](https://millionrounds.com/fund/archangels) Angel network United Kingdom 10 backed - [**Equity Gap**](https://millionrounds.com/fund/equity-gap) Angel network United Kingdom 5 backed - [**SFC Capital**](https://millionrounds.com/fund/sfc-capital) Angel network United Kingdom 4 backed - [**TRICAPITAL**](https://millionrounds.com/fund/tricapital-angels-limited) Angel network United Kingdom 2 backed - [**Green Angel Ventures**](https://millionrounds.com/fund/green-angel-ventures) Angel network United Kingdom 2 backed - [**Kelvin Capital**](https://millionrounds.com/fund/kelvin-capital) Angel network United Kingdom 2 backed ### Private equity and asset managers 5 investors - [**Maven Capital Partners**](https://millionrounds.com/fund/maven-capital-partners) Private equity United Kingdom 10 backed - [**Foresight Group**](https://millionrounds.com/fund/foresight-group) Private equity United Kingdom 5 backed - [**Business Growth Fund**](https://millionrounds.com/fund/bgf) Private equity United Kingdom 4 backed - [**Apollo**](https://millionrounds.com/fund/apollo-global-management) Private equity United States 4 backed - [**Scottish Equity Partners**](https://millionrounds.com/fund/scottish-equity-partners) Private equity United Kingdom 2 backed ### Government funds 3 investors - [**UK government**](https://millionrounds.com/fund/uk-government) Government fund - 4 backed - [**Advanced Propulsion Centre UK**](https://millionrounds.com/fund/advanced-propulsion-centre-uk) Government fund United Kingdom 2 backed - [**SBRI Healthcare**](https://millionrounds.com/fund/sbri-healthcare) Government fund United Kingdom 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as Scottish Enterprise, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Scottish Enterprise. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Scottish Enterprise portfolio map** 118 startups · $1.9B](https://millionrounds.com/portfolio-maps/scottish-enterprise-portfolio-map)[Sector portfolio **Scottish Enterprise's Biotech portfolio** 30 startups · $568M](https://millionrounds.com/portfolio-maps/scottish-enterprise-biotech-portfolio)[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 Agtech portfolio** 10 startups · $117M](https://millionrounds.com/portfolio-maps/scottish-enterprise-agtech-portfolio)[Sector portfolio **Scottish Enterprise's IT Services portfolio** 10 startups · $25M](https://millionrounds.com/portfolio-maps/scottish-enterprise-it-services-portfolio) ## Raising from investors like Scottish Enterprise? 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