Scottish Enterprise
Atrium Court, 50 Waterloo Street, Glasgow, G2 6HQ, United Kingdom
Overview
Scottish Enterprise is Scotland's main economic development agency and a non-departmental public body of the Scottish Government. The firm wants to stimulate Scotland’s economic ambition – creating an innovative, high-wage and highly productive economy with a competitive, international market presence and a focus on high value opportunities. Scottish Enterprise partners with the public and private sectors to identify and exploit the best opportunities to deliver a significant, lasting effect on the Scottish economy.
- Total investments
- 258
- Lead investments
- 40
- Investments · 12mo
- 25
- Active investors
- 12
Sector focus
- Finance
- Government
- Venture Capital
Investment portfolio
- Singular Photonics
Participated · Equity · Aug 2026
Singular Photonics is an Edinburgh-based fabless semiconductor spinout from the University of Edinburgh built on research led by Professor Robert Henderson. The company develops image sensors based on single-photon avalanche diode (SPAD) technology that can detect and precisely time individual photons, enabling high-sensitivity and precise-timing imaging. Singular Photonics combines SPAD detectors with on-chip computation so data can be processed at the point of detection, reducing external data transfer and enabling real-time analysis. It currently offers two commercially available product families, Andarta and Sirona. The company's target application areas include machine vision, industrial automation, physical AI, scientific research and medical imaging. Recent financing of $2.15M is intended to expand engineering capacity and accelerate development and product introductions.
- Kenoteq
Participated · Equity · Aug 2026
Kenoteq manufactures K-Briq, a masonry product made using almost 100% recycled construction and demolition waste as an alternative to conventional masonry. The company is scaling production to meet commercial demand and is supplying K-Briq for an NHS development in Wales as well as theatre and restaurant projects in London. To support scaling, Kenoteq has raised almost £900,000 in the first tranche of an ongoing £2 million funding round led by Kelvin Capital with participation from the Scottish Enterprise Co-Investment Fund and existing investors. The funding is earmarked to increase production capacity and support commercial delivery across healthcare, hospitality and commercial property sectors. The round remains open to additional investors as the company pursues its commercial pipeline. Company leadership described the investment as a validation of its technology and commercial strategy as it expands.
- Lentitek
Participated · Equity · Aug 2026
Lentitek develops enabling technologies aimed at improving the manufacturability and quality of cell and gene therapies, with a particular focus on supporting next‑generation in‑vivo CAR‑T treatments. The company says interest in its solutions has been driven by therapies moving from lab to clinic where quality is critical. Over the past year Lentitek transitioned from R&D to revenue-generating and signed several significant deals while building a larger commercial pipeline. Management positions the business to capitalise on demand for capabilities that aid manufacturability and quality in advanced therapies. Financially, Lentitek completed an equity raise of £725,000 led by Equity Gap and is conducting an ongoing fundraising process to provide working capital to convert its pipeline. The company characterized the funding as strengthening its finances to accelerate commercialisation.
- QuickBlock
Led · Equity · Jul 2026
QuickBlock develops defence infrastructure products, including rapid-deployment shelter solutions, and is investing in R&D to advance those offerings. The recent financing includes grant support earmarked for R&D activity related to its rapid deployment shelters. Management plans to use the funds to expand into key European markets, boost production capacity, and strengthen commercial capabilities. The company’s capital raise combined equity investment and innovation grants, indicating simultaneous focus on commercialization and technology development. No revenue, user, founding year, or location details were provided in the article.
- VASO Global
Participated · Grant · Jun 2026
VASO Global develops high-performance structural composite building panels manufactured entirely from recycled waste glass for modular homes. The company operates an automated, semi-autonomous production approach designed to cut traditional residential building timelines from 33 weeks to 10. It recently acquired a 60,000-square-foot production facility in Dumfries and plans to optimise manufacturing there as part of its growth. Leadership includes Co-Founder and Managing Director Eddie Black and CTO Simon Parrish, with Graham McDonald appointed Chairman and Douglas Morrison named Strategic Advisor. VASO structured its incoming supply chain through ECO GROUP as an active project delivery partner. The company raised over £5M in a mixed equity, grant and loan package to fund manufacturing optimisation, market development over the next two years and the creation of up to 70 regional jobs.