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Scottish Enterprise

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 242
Average round size
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The average size of a deal this fund participated in
$4M
Portfolio companies 183
Rounds per year 7.56
Lead investments 32
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.24
Exits 18
Key employees 2
Stages of investment
Seed

Areas of investment

  • Biotechnology
  • Health Care
  • Software
  • Information Technology
  • Medical
Summary

In 1991 was created Scottish Enterprise, which is appeared as Corporate Investor. The leading representative office of defined Corporate Investor is situated in the Glasgow. The company was established in Europe in United Kingdom.

This Scottish Enterprise works on 22 percentage points less the average amount of lead investments comparing to the other organizations. When the investment is from Scottish Enterprise the average startup value is 1-5 millions dollars. Considering the real fund results, this Corporate Investor is 1 percentage points more often commits exit comparing to other organizations. The increased amount of exits for fund were in 2019. The important activity for fund was in 2015. The usual things for fund are deals in the range of 1 - 5 millions dollars. The fund is generally included in 2-6 deals every year.

We can highlight the next thriving fund investment areas, such as Medical Device, Computer. Among the most popular portfolio startups of the fund, we may highlight Cherwell Software, Spire Global, MindMate. For fund there is a match between the location of its establishment and the land of its numerous investments - United Kingdom. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Scottish Enterprise, startups are often financed by Siemens Technology Accelerator, Scottish Investment Bank, Lancaster Capital. The meaningful sponsors for the fund in investment in the same round are Lancaster Capital, Siemens Technology Accelerator, Seraphim Capital. In the next rounds fund is usually obtained by Siemens Technology Accelerator, Lancaster Capital, Robert Bosch Venture Capital.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Scottish Enterprise:
Typical Co-investors
Scottish Enterprise is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Scottish Enterprise:
2 Oqal

Funds with similar focus

Funds from United Kingdom
Funds with similar focus located in United Kingdom:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mironid

Ad Network
Biotechnology
Health Diagnostics
Therapeutics
$42M13 Sep 2023 United Kingdom, Scotland, United Kingdom

3fbio

3D Technology
Biotechnology
Food and Beverage
Food Processing
Information Services
Information Technology
$47M21 Aug 2023 Glasgow, Scotland, United Kingdom

Cytomos Ltd.

Biopharma
Biotechnology
Machine Learning
Medical
$5M08 Aug 2023 City of Edinburgh, Scotland, United Kingdom

Rapscallion Soda

Food and Beverage
26 Jul 2023 Glasgow City, Glasgow, United Kingdom

Heero Technologies

Renewable Energy
Semiconductor
Service Industry
19 Apr 2023 Dundee City, Dundee, United Kingdom

Solasta Bio

$5M27 Mar 2023 Glasgow City, Glasgow, United Kingdom

Phlo

Health Care
Internet
Medical
Pharmaceutical
$13M02 Feb 2023 London, England, United Kingdom

Dxcover

$10M01 Feb 2023 -

Vector Photonics

Semiconductor
$3M27 Jan 2023 Glasgow City, Glasgow, United Kingdom
News
EnteroBiotix Raises $21M in Series A Funding

– EnteroBiotix is a biopharmaceutical company based in Glasgow, Scotland.
– The company raised $21m in Series A funding.
– The round was led by Thairm Bio with participation from Kineticos Ventures, Scottish Enterprise and SIS Ventures.
– The new investment will be used to advance the company’s microbiome drug pipeline and product development and manufacturing capabilities and grow its headcount to around 50.

ILC Therapeutics Announces Successful Completion of £3.5m Funding Round

– ILC Therapeutics, a UK-based biotechnology company and pioneer in the discovery and development of a ground-breaking new class of interferon drugs, announces the successful completion of a £3.5m funding round.
– Investors include Los Angeles-based lawyer and investor, Robert Kopple; St Andrews-based Eos Angel Investment Syndicate; Scottish Enterprise; ILCT management.
– Chairman Peter Bains said: “We are very pleased to complete this important funding round and to strengthen the Board with the appointment of Robert Kopple, Professor David Harrison and Chris Brinsmead. With this funding in place, ILCT is now well positioned to strengthen its novel technology platform and to advance its lead candidate, Alfacyte™ through IND enabling studies in preparation for clinical trials as an anti-viral therapeutic for Covid 19.

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Total investments 242
Average round size 4M
Rounds per year 7.56
Peak activity year 2022
Lead investments 32
Follow on index 0.24
Exits 18
Group Appearance index 0.69

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mironid

Ad Network
Biotechnology
Health Diagnostics
Therapeutics
$42M13 Sep 2023 United Kingdom, Scotland, United Kingdom

3fbio

3D Technology
Biotechnology
Food and Beverage
Food Processing
Information Services
Information Technology
$47M21 Aug 2023 Glasgow, Scotland, United Kingdom

Cytomos Ltd.

Biopharma
Biotechnology
Machine Learning
Medical
$5M08 Aug 2023 City of Edinburgh, Scotland, United Kingdom

Rapscallion Soda

Food and Beverage
26 Jul 2023 Glasgow City, Glasgow, United Kingdom

Heero Technologies

Renewable Energy
Semiconductor
Service Industry
19 Apr 2023 Dundee City, Dundee, United Kingdom

Solasta Bio

$5M27 Mar 2023 Glasgow City, Glasgow, United Kingdom

Phlo

Health Care
Internet
Medical
Pharmaceutical
$13M02 Feb 2023 London, England, United Kingdom

Dxcover

$10M01 Feb 2023 -

Vector Photonics

Semiconductor
$3M27 Jan 2023 Glasgow City, Glasgow, United Kingdom
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