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Intelligent Growth Solutions (IGS), a Scottish-founded agritech startup, has reaped £5.4 million in a funding round led by the US-based S2G Ventures, with participation from AgFunder and Scottish Investment Bank (SIB). IGS has built a plug-and-play vertical farming solution that it sells to indoor farms. The technology used in IGS’s products, according to the company, […]
The Scottish biopharmaceutical startup EnteroBiotix has announced the closing of a £2m seed extension investment. The oversubscribed round was led by Scottish angel firm Equity Gap and supported by existing investors the Scottish Investment Bank, the University of Aberdeen and the Bank Workers Charity. Existing investors were joined in the round by Barwell Plc, Gabriel, […]
Edinburgh, Scotland-based The ID Co has received $2 million in seed funding from Amadeus Capital Partners, SixThirty and other investors. The startup basically helps businesses in the financial space, e.g. lenders, to onboard their customers by removing friction caused during the application process by the current challenges of risk, compliance, fraud, and regulation. The Scottish […]
US-based cybersecurity company Fortinet has acquired ZoneFox, an insider threat detection and response company headquartered in Edinburgh. Founded in 2012, ZoneFox protects companies’ sensitive data and IP from bad actors within the organisation, as well as from accidental leaks. It provides complete visibility of all actions performed on any endpoint — that is, a laptop […]
Kindaba, an Edinburgh-based private visual messenger for families, has announced a new investment from Skyscanner founder Gareth Williams to grow their user base and development capabilities. A product of Edinburgh’s Seed Haus accelerator, Kindaba offers families a way to stay connected without the intrusion of advertisements. The initial concept for the company began in 2015, when […]
Scottish Synpromics Ltd, a gene control company, has raised £5.2 million. The funding comes from existing investors Calculus Capital, the Scottish Investment Bank, the investment arm of Scottish Enterprise, and private shareholders.