Mocean Energy Directs New Funds to Commercialization of Wave Energy Technology

By |November 14th, 2023|

Mocean Energy, a Scottish wave company, has secured €2.5 million in new equity. This funding, along with €572,000 in grant funding, will be directed towards driving the commercialization of its wave energy technologies. The new funds will help the Edinburgh and Aberdeen-based company commercialize and secure first orders for their wave energy technology, Blue Star, [...]

Scottish Bio-Based Manufacturers to Benefit from Launchpad Funding

By |November 14th, 2023|

Scottish Enterprise and Innovate UK are collaborating to deliver a new Launchpad programme. The programme will support businesses in Scotland, specifically in the bio-based manufacturing industry. These businesses have been invited to apply for support packages which may range between £25,000 to £100,000 and £150,000 to £1 million. These are available to small and medium-sized [...]

Beta Bugs Snags £1.72M in Funding

By |November 14th, 2023|

Beta Bugs Ltd., a Scottish biotech company, has secured £1.72 million in funding. The round was led by The TRICAPITAL Syndicate LLP, with participation from SIS Ventures, Scottish Enterprise, Beeches Group,, together with existing shareholders in the business and InnovateUK.  Beta Bugs intends to direct the funding to scale up their production and supply [...]