Portfolio map · Government fund · United Kingdom

Scottish Enterprise portfolio map

118 startups Scottish Enterprise has backed in rounds we track, since 2005, grouped by their main sector. Together they have raised $1.9B. The biggest sector is Biotech, with 31 companies.

118startups backed
12sectors
$1.9Braised between them
Biotechbiggest sector

Scottish Enterprise's investor profile

Biotech

31

+7 more

Healthtech

13

Agtech

11

AI

11

IT Services

11

Energy

9

Cleantech

9

Hardware & Electronics

5

Manufacturing

5

Aerospace & Space

5

Entertainment

4

Automotive & EVs

4

Segment by segment

Biotech

31 startups · $584M raised

  1. ValnevaValneva focuses on the development and commercialization of prophylactic vaccines for infectious diseases.France$310M
  2. DMDysis MedicalUnited Kingdom$57M
  3. EnteroBiotixEnteroBiotix Ltd.United Kingdom$38M
  4. MacomicsMacomics Ltd is a biotechnology and immuno-oncology company based in Edinburgh, Scotland, with additional facilities in Cambridge, UK.United Kingdom$21M
  5. Cumulus OncologyCumulus Oncology is a biotechnology firm based in Edinburgh, Scotland, founded in 2017.United Kingdom$17M
  6. ABAquapharm BiodiscoveryAquapharm Biodiscovery is a drug discovery company developing products based on the chemical diversity of marine microorganisms.United Kingdom$16M
  7. TGTPP Global DevelopmentTPP Global Development is a preclinical stage drug development company focused on nervous system disorders, immunology, and oncology.United Kingdom$12M
  8. BIOCAPTIVABioCaptiva develops liquid biopsy technology devices to diagnose and monitoring to detect cancers.United Kingdom$12M

Healthtech

13 startups · $85M raised

  1. BiolibertyBioliberty is a medical technology startup based in Edinburgh and Boston, founded in 2020.United Kingdom$22M
  2. Care SourcerCare Sourcer, a platform that connects those seeking care with those providing itUnited Kingdom$13M
  3. PhloPhlo Technologies Ltd is a digital pharmacy and healthcare logistics company based in the UK, with headquarters in Glasgow and London.United Kingdom$11M
  4. NeuranicsNeuranics is a Scottish deep-tech company founded in 2021 as a joint spinout from the University of Glasgow and the University of Edinburgh.United Kingdom$8.0M
  5. 1nhaler1nhaler Ltd is a Scottish medical device company based in Edinburgh, founded in 2017 by Don Smith and Lisa McMyn.United Kingdom$7.4M
  6. IbisVisionIbisVision is a health technology company based in Glasgow, specializing in remote vision testing.United Kingdom$5.6M
  7. MetixMetix develops devices and services for healthcare industry.United Kingdom$5.2M
  8. EEnMoviEnMovi is a Medical technology firm.-$3.3M

Agtech

11 startups · $243M raised

  1. Intelligent Growth SolutionsPower, lighting and communications platforms in controlled environments.United Kingdom$126M
  2. INGENINGEN is an agricultural service company that specializes in planning, management, and coordination of food production groups and areas.Japan$37M
  3. MiAlgaeMiAlgae is a Scottish biotechnology company founded in 2016, based in Edinburgh.United Kingdom$30M
  4. SOLASTA BioSOLASTA® Bio is an agri-biotechnology company based in Glasgow, Scotland, founded in May 2020.United Kingdom$19M
  5. Rhizocore TechnologiesRhizocore Technologies Ltd is a UK-based ecological innovation and biotechnology company focused on mycorrhizal fungi products.United Kingdom$11M
  6. Ace AquatecAce Aquatec is specialises in acoustic marine mammal deterrents and humane electrical fish stunning equipment.United Kingdom$10M
  7. The James Hutton InstituteThe James Hutton Institute delivers fundamental and applied science to drive the sustainable use of land and natural resources.United Kingdom$4.0M
  8. Roslin TechnologiesRoslin Technologies Limited is a Scottish biotechnology company based at the Easter Bush Campus near Edinburgh.United Kingdom$3.0M

AI

11 startups · $58M raised

  1. Wordsmith AIWordsmith AI is a legal technology startup based in Edinburgh, founded in 2023 by Ross McNairn and his co-founders.United Kingdom$25M
  2. PneumoWavePneumoWave is a digital health and digital therapeutics company based in Scotland, with significant operations in North CharlestonUnited Kingdom$9.2M
  3. Earth BloxEarth Blox is an environmental intelligence company based in Edinburgh, Scotland, founded in 2019.United Kingdom$8.0M
  4. BoundaryBoundary is a Seattle-based technology startup founded in 2023, focused on developing software engineering tools for Artificial InUnited States$5.2M
  5. TileBioTileBio is a biotechnology company based in Glasgow, founded in 2025.United Kingdom$2.7M
  6. Talking MedicinesTalking Medicines is revolutionising healthcare marketing through AI/ML/NLP/GPT driven curated Patient, HCP and Opinion Leader insUnited Kingdom$2.4M
  7. GIGGED LTDGigged AI is an artificial intelligence-powered platform designed for swiftly sourcing tech talent.United Kingdom$2.0M
  8. Gigged.AIGigged.AI is a Glasgow-based company that offers an AI-powered blended work platform designed to address the tech skills shortage United Kingdom$1.4M

IT Services

11 startups · $29M raised

  1. OdroOdro is a technology company based in Glasgow, Scotland, specializing in video interviewing and engagement software for the recruiUnited Kingdom$7.3M
  2. Rapid MobileSince 2004 we've helped some of the biggest names around take their messages and services mobile.United Kingdom$4.2M
  3. SumerianSumerian helps progressive enterprises improve their operational IT capacity planning, avoid capacity-related incidents and succesUnited Kingdom$3.6M
  4. ExterityExterity provides enterprise-class internet protocol television solutions.United Kingdom$3.1M
  5. AiberAiber is a Scottish med-tech company headquartered in Inverness, with additional ties to Edinburgh.United Kingdom$2.4M
  6. My1LoginMy1Login is a UK-based leader in Identity and Access Management (IAM), founded in 2007.United Kingdom$2.1M
  7. MoblyzeMoblyze is the first talent marketplace app for the energy transition.United States$2.0M
  8. ESG360°ESG360° is an online tool for integrating ESG data and targets into business.United Kingdom$1.2M

Energy

9 startups · $59M raised

  1. ETZETZ is a pioneer in the field of net zero energy transition and a net exporter of goods, services, technology, and expertise.United Kingdom$23M
  2. Fraunhofer Centre for Applied PhotonicsFraunhofer Centre for Applied Photonics is a center in the field of applied laser research and development.United Kingdom$11M
  3. novosoundNovosound is a Scottish technology company founded in 2018, specializing in the design and manufacture of innovative ultrasound sensors.United Kingdom$8.7M
  4. Mocean EnergyMocean Energy develops new technologies that can harness the power of waves and accelerate the transition to a zero-carbon world.United Kingdom$4.6M
  5. InnovatiumInnovatium is a technology company that focuses on renewable energy.United Kingdom$4.0M
  6. VerlumeVerlume is an energy management and storage technology firm.United Kingdom$3.4M
  7. Arcola EnergyArcola Energy is a leader in hydrogen and fuel cell integration, specializing in zero-emission solutions for heavy-duty vehicles.United Kingdom$2.1M
  8. SolarSubSolarSub is an environmental firm that offers floating solar cooling system.United Kingdom$1.8M

Cleantech

9 startups · $73M raised

  1. Aquamarine PowerAquamarine Power is a wave energy company developing a hydro-electric wave energy converter called Oyster.United Kingdom$28M
  2. Smarter Grid SolutionsSmarter Grid Solutions is a grid tech company that offers sustainable ways to help power companies meet the high demand for electricity.United Kingdom$19M
  3. Exergy3Exergy3 is clean-tech spinout from the University of Edinburgh.United Kingdom$15M
  4. CarbogenicsCarbogenics is a cleaning technology company.United Kingdom$5.0M
  5. Myriad Wind Energy SystemsMyriad Wind Energy Systems is a Scottish climate-tech startup based in Stirling, founded in 2021.United Kingdom$1.8M
  6. Forge MineralsForge Minerals is a UK-based company founded in 2024, located at the Edinburgh Innovation Hub in Scotland.United Kingdom$1.6M
  7. Revive EcoRevive Eco is a Scottish green biotechnology company founded in 2015, based in Glasgow.United Kingdom$1.2M
  8. Heero TechnologiesHeero Technologies is a self-sustaining energy platform that strives to make net zero homes a possibility.United Kingdom$966K

Hardware & Electronics

5 startups · $23M raised

  1. Skylark LasersSkylark Lasers is a photonics and laser development company based in Edinburgh, United Kingdom, founded in 2013.United Kingdom$9.6M
  2. CSCompound Semiconductor TechnologiesCSTG is a semiconductor foundry and custom service provider specialising in the design, development, and manufacture of discrete aUnited Kingdom$8.6M
  3. Singular PhotonicsSingular Photonics is a fabless semiconductor company based in Edinburgh, United Kingdom.United Kingdom$2.2M
  4. BirdiBirdi is a digital pharmacy based in Novi, Michigan, dedicated to enhancing prescription home delivery services.United States$2.1M
  5. PufferfishPufferfish, based in Edinburgh, is a leader in immersive spherical and hemispherical display technologies.United Kingdom$630K

Manufacturing

5 startups · $63M raised

  1. PpureLiFiUnited Kingdom$48M
  2. Launchpad.buildLaunchpad is developing technology that will allow products to be delivered in days rather than months.United States$8.5M
  3. MetacarpalMetacarpal is a prosthesis design manufacturing company.United Kingdom$2.7M
  4. VRVert RotorsUK-based compressor manufacturing company.United Kingdom$2.5M
  5. SisaltechSisaltech makes sustainable building insulation from sisal and wool.United Kingdom$976K

Aerospace & Space

5 startups · $213M raised

  1. SpireWe are a gas company serving 1.7 million customers in Missouri, Alabama, and Mississippi, providing natural gas to powers their hoUnited States$190M
  2. PROTEUSProteus is a cloud-based project management software tailored for energy, infrastructure, and large capital investment consultanciGermany$14M
  3. FlowcopterFlowcopter Providing a strong platform for humanitarian and environmental applications that can operate in the most harsh environments.United Kingdom$5.1M
  4. RAB MicrofluidicsRAB-Microfluidics is a Scottish research and development technology company founded in 2016 by Dr.United Kingdom$2.6M
  5. Aurora AvionicsAurora Avionics is a Scottish aerospace technology firm based in Edinburgh, founded in 2023.United Kingdom$648K

Entertainment

4 startups · $365M raised

  1. FanDuelFanDuel offers fantasy sports with daily games for real money.United Kingdom$361M
  2. StretchSenseStretchSense is a leader in high-precision motion capture technology, specializing in stretchable sensors and motion capture gloves.New Zealand$2.3M
  3. ChangingdayChangingday creates virtual reality games for autistic people.-$951K
  4. SMASHSMASH launches in the film & TV industries before moving into web series, short-form content, music videos, VR, games.United Kingdom$468K

Automotive & EVs

4 startups · $58M raised

  1. Trojan EnergyTrojan Energy is a UK-based clean energy and electric vehicle (EV) charging company founded in 2016 and headquartered in Aberdeen, Scotland.United Kingdom$40M
  2. UlemcoUlemco specializes in the development of hydrogen technologies that allows commercial vehicles to run off hydrogen.United Kingdom$10M
  3. WilloWillo is a mobile-first group banking platform built around interaction and collaboration.Finland$6.3M
  4. Smart Green ShippingSmart Green Shipping develops technical, commercially viable, digitally enabled wind-powered solutions.United Kingdom$1.3M

How this map is made. Every startup here has raised money in a round we track that names Scottish Enterprise as an investor, the first in 2005. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

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