The Venture Codex Logo

The Venture Codex

Overview

Economic development agency stimulating Scotland's economic growth.

Founded

1991

Deals · 12mo

28

Stage focus

—

Geographic focus

United Kingdom
United States

Sector focus

Finance
Government
Venture Capital

Investment portfolio

262rounds
NAMEDATESIZE
GLORIAH
Oct 2026Participated
$0.79 MSeed
CSignum
Sep 2026Participated
$3 MOther Equity
SolarSub
Sep 2026Participated
$2 MSeed
Chemify
Sep 2026Led
$100 MSeries B
Singular Photonics
Aug 2026Participated
$2 MOther Equity
Kenoteq
Aug 2026Participated
$1 MOther Equity
Lentitek
Aug 2026Participated
$0.98 MOther Equity
QuickBlock
Jul 2026Led
$1 MOther Equity
VASO Global
Jun 2026Participated
$6 MDebt
Northern Light Microscopy
May 2026Participated
$1 MSeed
Exergy3
Apr 2026Participated
$14 MSeed
Regeno
Mar 2026Participated
$0.56 MSeed
GLORIAH
Oct 2026Participated
$0.79 MSeed
CSignum
Sep 2026Participated
$3 MOther Equity
SolarSub
Sep 2026Participated
$2 MSeed
Chemify
Sep 2026Led
$100 MSeries B
Singular Photonics
Aug 2026Participated
$2 MOther Equity
Kenoteq
Aug 2026Participated
$1 MOther Equity
Lentitek
Aug 2026Participated
$0.98 MOther Equity
QuickBlock
Jul 2026Led
$1 MOther Equity
VASO Global
Jun 2026Participated
$6 MDebt
Northern Light Microscopy
May 2026Participated
$1 MSeed
Exergy3
Apr 2026Participated
$14 MSeed
Regeno
Mar 2026Participated
$0.56 MSeed
262
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Scottish Enterprise: 262 funding rounds are recorded in the selected participation categories.All available history.
Scottish Enterprise: 262 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed334
Series A529
Series B16
Series C+04
Other Equity23143
Grant80
Debt15

Monthly Deal Activity

Scottish Enterprise: 262 deals are recorded across 236 months.All available history.
Scottish Enterprise: 262 deals are recorded across 236 months. All available history
MonthDeals
Mar '071
Apr '070
May '070
Jun '070
Jul '071
Aug '070
Sep '070
Oct '070
Nov '070
Dec '070
Jan '080
Feb '080
Mar '080
Apr '080
May '080
Jun '080
Jul '080
Aug '080
Sep '081
Oct '080
Nov '080
Dec '080
Jan '090
Feb '090
Mar '090
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '102
Feb '100
Mar '101
Apr '100
May '102
Jun '101
Jul '100
Aug '100
Sep '101
Oct '100
Nov '101
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '111
Sep '115
Oct '111
Nov '111
Dec '112
Jan '120
Feb '120
Mar '120
Apr '120
May '121
Jun '121
Jul '120
Aug '120
Sep '120
Oct '122
Nov '122
Dec '120
Jan '130
Feb '131
Mar '130
Apr '132
May '130
Jun '131
Jul '130
Aug '130
Sep '131
Oct '130
Nov '131
Dec '131
Jan '140
Feb '141
Mar '141
Apr '141
May '143
Jun '140
Jul '140
Aug '140
Sep '143
Oct '142
Nov '141
Dec '141
Jan '151
Feb '151
Mar '150
Apr '152
May '152
Jun '151
Jul '152
Aug '150
Sep '151
Oct '150
Nov '151
Dec '151
Jan '160
Feb '160
Mar '160
Apr '160
May '161
Jun '163
Jul '161
Aug '161
Sep '160
Oct '162
Nov '160
Dec '160
Jan '171
Feb '173
Mar '172
Apr '172
May '171
Jun '170
Jul '170
Aug '173
Sep '170
Oct '171
Nov '171
Dec '172
Jan '183
Feb '180
Mar '181
Apr '181
May '180
Jun '180
Jul '180
Aug '181
Sep '180
Oct '180
Nov '183
Dec '180
Jan '190
Feb '191
Mar '191
Apr '191
May '192
Jun '192
Jul '192
Aug '192
Sep '193
Oct '191
Nov '192
Dec '193
Jan '203
Feb '200
Mar '201
Apr '201
May '202
Jun '204
Jul '202
Aug '202
Sep '201
Oct '200
Nov '203
Dec '201
Jan '211
Feb '210
Mar '213
Apr '212
May '214
Jun '212
Jul '211
Aug '214
Sep '212
Oct '211
Nov '213
Dec '210
Jan '223
Feb '223
Mar '222
Apr '223
May '221
Jun '222
Jul '224
Aug '222
Sep '220
Oct '220
Nov '224
Dec '221
Jan '234
Feb '233
Mar '230
Apr '231
May '232
Jun '232
Jul '231
Aug '233
Sep '231
Oct '231
Nov '232
Dec '230
Jan '243
Feb '244
Mar '241
Apr '243
May '243
Jun '243
Jul '241
Aug '241
Sep '244
Oct '242
Nov '242
Dec '241
Jan '250
Feb '251
Mar '250
Apr '251
May '251
Jun '250
Jul '250
Aug '253
Sep '250
Oct '251
Nov '253
Dec '255
Jan '261
Feb '261
Mar '266
Apr '261
May '261
Jun '261
Jul '261
Aug '263
Sep '263
Oct '261

Sector Breakdown

Scottish Enterprise: Health & Life Sciences is the largest displayed sector by deal count (102 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Scottish Enterprise: Health & Life Sciences is the largest displayed sector by deal count (102 deals). All available history
SectorDeals
Health & Life Sciences102
Networks, Cloud & Communication47
Hardware & Robotics47
Enterprise Software43
Clean Energy & Sustainability29
Space & Frontier Tech29
Manufacturing27
AI & Machine Learning26
Professional Services25
Marketing & Advertising20
Food & Agriculture19
E-Commerce & Retail15
Data, Analytics & IT14
Consumer & Lifestyle14
Fintech14
Media & Entertainment14
Transportation & Logistics12
Cybersecurity & Privacy11
Education & Workforce9
Real Estate & Construction8
Gaming & eSports6
Social & Community Platforms5
Travel & Hospitality3
AR/VR3
Developer Tools3

Deal Size Distribution

Scottish Enterprise: 262 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Scottish Enterprise: 262 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M184
$5M-$10M51
$10M-$25M17
$25M-$50M6
$50M-$100M4
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Scottish Enterprise: Europe has the largest recorded deal count among the displayed regions (242 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Scottish Enterprise: Europe has the largest recorded deal count among the displayed regions (242 deals). All available history
RegionDeals
Europe242
United States17
New Zealand2
Eh16 4tj1
Scottish Enterprise: 20 co-investors are shown, with Equity Gap sharing 30 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Scottish Enterprise: Led accounts for 16% and participating for 84% of round participation.All available history.
Scottish Enterprise: Led accounts for 16% and participating for 84% of round participation. All available history
CategoryDeals (count)Share (%)
Led4116%
Participating22184%
Scottish Enterprise: Single-lead accounts for 29% and co-led for 71% of lead dynamics.All available history.
Scottish Enterprise: Single-lead accounts for 29% and co-led for 71% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1229%
Co-led2971%

Team

Adrian Gillespie

Chief Executive Officer

David Hartley

Head of Creative Industries

David Smith

Chief Transformation Officer

Euan Cameron

Life & Chemical Sciences Manufacturing Sustainability SG

Jane Martin

Managing Director Of Business Services

Julian Taylor

Executive Director - Asia Pacific

Linda Hanna

Interim Chief Executive Officer

Nick Shields

Head of Business Support Services