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Scottish Enterprise, VC Fund

Scottish Enterprise

VC Fund

Glasgow, United Kingdom

Scottish Enterprise is a VC fund in Glasgow focused on Biotechnology and Software. 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:
403
Last investment:
Lead investor:
37%

Last updated:

Industries Scottish Enterprise invests in

BiotechnologySoftwareHealth CareManufacturingMedical

Stages Scottish Enterprise invests in

GrantSeedVenture - Series UnknownSeries AFunding Round

Countries Scottish Enterprise invests in

United KingdomUnited StatesSwitzerlandJapanFrance

Round sizes

Seed $387k–$4.3MGrant $119k–$4.8MVenture - Series Unknown $681k–$8.4M

Contacts

NameEmailPhoneSocials
See all 13 contacts →

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Round size

Seed
$387k–$4.3M
Grant
$119k–$4.8M
Venture - Series Unknown
$681k–$8.4M

Investment Focus

Industry

  • Biotechnology 51 (13%)
  • Software 49 (12%)
  • Health Care 42 (10%)
  • Manufacturing 36 (9%)
  • Medical 28 (7%)
See all 247 industries →

Stage

  • Grant 120 (30%)
  • Seed 90 (22%)
  • Venture - Series Unknown 61 (15%)
  • Series A 32 (8%)
  • Funding Round 27 (7%)
See all 13 stages →

Country

  • United Kingdom 241 (60%)
  • United States 24 (6%)
  • Switzerland 2 (0%)
  • Japan 1 (0%)
  • France 1 (0%)
See all 10 countries →

Team

NameTitleInvestmentsLinksEmail
Graeme Waddell Board Member
Board Member Total investments: 0
Find email
Jim McDonald
Jim McDonald Board Member
Board Member Total investments: 3
Find email
Adrian Gillespie
Adrian Gillespie Chief Executive Officer
Chief Executive Officer Total investments: 5
Find email
David Hartley
David Hartley Head of Creative Industries
Head of Creative Industries Total investments: 0
Find email
David McHoul
David McHoul Innovation Specialist
Innovation Specialist Total investments: 0
Find email
See all 13 team members →

Investments

CompanyDescriptionRoundLinks
GLORIAH objective is to build a brand that would serve women through all stages. $791.9K / Seed / Oct 05, 2026
CSignum specializes in wireless communications solutions, digitization of subsea assets, and actionable insights for ocean industries. $3.5M / Venture - Series Unknown / Sep 23, 2026
SolarSub is an environmental firm that offers floating solar cooling system. $1.8M / Seed / Sep 23, 2026
Calterra is an Edinburgh-based climate-tech company that uses AI and Earth-observation data to monitor and verify the long-term health of restored peatlands and woodlands, helping landowners, developers, and investors track carbon and biodiversity outcomes. $128.4K / Grant / Sep 18, 2026
Digitising Chemistry and Chemical Discovery $29.6M / Grant / Sep 16, 2026
Integrated Graphene develops innovative manufacturing process that enables the company to produce high performing, pure, 3D graphene (3DG) foam directly onto any surface, at room temperature and in seconds. $14.8M / Grant / Sep 16, 2026
Singular Photonics is a startup that creates SPAD-based image sensors. $2.2M / Seed / Aug 19, 2026
KENOTEQ is a clean tech company, which specialises in building products. KENOTEQ’s first product is an unfired brick with 90% recycled content from demolition and construction waste. $1.2M / Venture - Series Unknown / Aug 17, 2026
QuickBlock is a flat-packed, recycled plastic, modular building system that offers an alternative to traditional concrete blocks. $1.3M / Venture - Series Unknown / Jul 23, 2026
QuickBlock is a flat-packed, recycled plastic, modular building system that offers an alternative to traditional concrete blocks. Grant / Jul 23, 2026
See all 403 investments →

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FAQ

What does Scottish Enterprise invest in?

Scottish Enterprise invests primarily in Biotechnology, Software and Health Care startups, most often at Grant and Seed stage. Most of the 403 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Scottish Enterprise invest in?

Scottish Enterprise typically joins rounds of $387k–$4.3M at Seed, $119k–$4.8M at Grant and $681k–$8.4M at Venture - Series Unknown. These are whole funding-round sizes, not Scottish Enterprise's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Scottish Enterprise took part in.

How do I contact Scottish Enterprise?

Public channels for Scottish Enterprise include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Scottish Enterprise?

The team at Scottish Enterprise includes Graeme Waddell (Board Member), Jim McDonald (Board Member) and Adrian Gillespie (Chief Executive Officer), among 13 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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