# Scottish National Investment Bank

> Scottish National Investment Bank is a VC fund backing Manufacturing. See 57 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 57
- Last investment: Aug 2026
- Lead investor: 70%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/scottish-national-investment-bank/
- Website: https://www.thebank.scot

Scottish National Investment Bank is a VC fund focused on Manufacturing and Energy. Scottish National Investment Bank invests and provides financial assistance to various business projects and communities.

## Contacts

5 contacts available for Scottish National Investment Bank. Shizune tracks 3 team members at Scottish National Investment Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/scottish-national-investment-bank?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $6.2M–$9.2M |
| Debt Financing | $927k–$169M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 5 | 9% |
| Energy | 3 | 5% |
| Medical | 3 | 5% |
| Health Care | 3 | 5% |
| Biotechnology | 3 | 5% |

51 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 11 | 19% |
| Debt Financing | 4 | 7% |
| Series A | 3 | 5% |
| Seed | 2 | 4% |
| Series C | 2 | 4% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 18 | 32% |
| United States | 4 | 7% |
| Ireland | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Eilidh Mactaggart | Chief Executive Officer | 7 | https://shizune.co/investors/profile/eilidh-mactaggart |
| Jane Reoch | Interim Executive Director | 9 | https://shizune.co/investors/profile/jane-reoch |
| Mark Munro | Executive Director - Sustainable Investment | 4 | https://shizune.co/investors/profile/mark-munro-7393 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mironid | Google Analytics is a web analysis service provided by Google. Google utilizes the data collected to track and examine the use of www.mironid.com, to prepare reports on its activities and share them with other Google services. Google may use the data collected to contextualize and personalize the ads of its own advertising network. | $46M | Series B | Aug 05, 2026 |  |
| The Devilla project | The Devilla project is a 500MW, 2-hour lithium-ion battery energy storage system (BESS) near Kincardine. It is one of three battery storage projects in Scotland being constructed in collaboration with Copenhagen Infrastructure Partners (CIP) and London-based energy storage manufacturer Alcemi. | $66.7M | Secondary Market | Jun 08, 2026 |  |
| EnteroBiotix | EnteroBiotix is a developer of novel medicinal products intended to restore health and prevent bacterial infections. The company's offerings include developing and advancing novel microbiome-modulating drugs composed of bacterial communities derived directly from the human gastrointestinal tract associated with imbalances of bacteria in thehuman gut, enabling physicians to prevent and treat debilitating infections and diseases. | $25.7M | Venture - Series Unknown | Apr 29, 2026 |  |
| Bioliberty | Bioliberty are a medtech start-up developing rehabilitation solutions for degenerative and traumatic conditions. | $8.3M | Series A | Mar 18, 2026 |  |
| Aurora Energy Services | Aurora's aim is to develop a world-class energy services firm that supports the transition from oil and gas to renewable energy and is backed by our collective knowledge and industry experience. | $13.5M | Venture - Series Unknown | Feb 24, 2026 |  |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. |  |  | Dec 22, 2025 |  |
| Renewco Power | Renewco Power is a renewables platform focussed on developing utility-scale solar, wind, storage and green hydrogen projects. | $39.1M | Venture - Series Unknown | Dec 22, 2025 |  |
| Pentland Floating Offshore Wind Farm | Pentland Floating Offshore Wind Farm energy infrastructure, including offshore wind, onshore wind, solar photovoltaic (PV), biomass and energy from waste, transmission and distribution, reserve capacity and storage, and other energy assets like Power-to-X, are the main areas of interest. | $195.9M | Venture - Series Unknown | Nov 19, 2025 |  |
| Highview Power | Founded in 2005, Highview Power Storage is a developer of large-scale energy storage solutions for utility and distributed power systems. Using liquid air as the storage medium, Highview can design bespoke Liquid Air Energy Storage (LAES) plants ranging from 5MW/20MWh to 100MW/1,000MWh+ to service a growing multi billion dollar market. | $171.2M |  | Nov 10, 2025 |  |
| Launchpad.build | Launchpad is developing technology that will allow products to be delivered in days rather than months. The company is creating a user-friendly system of advanced software and autonomous hardware that will allow for a streamlined AI-driven digital thread from product CAD to actual product assembly. Launchpad's digitool is a networkedautomation solution that can perform a wide range of assembly tasks, such as pick and place, fastening, dispensing, and more, using only a product CAD file. The company's mission to enable manufacturing's future by increasing automation and improving utilization | $8.5M | Series A | Oct 15, 2025 |  |

10 of 57 investments shown.

## Co-investors
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund, 8 deals together
- [National Wealth Fund](https://shizune.co/investors/profile/uk-infrastructure-bank) — VC Fund, 5 deals together
- [Archangels](https://shizune.co/investors/profile/archangel-informal-investments-limited) — VC Fund, 3 deals together
- [Equity Gap](https://shizune.co/investors/profile/equity-gap) — VC Fund, 3 deals together
- [Mercia Ventures](https://shizune.co/investors/profile/mercia-ventures) — VC Fund, 3 deals together
- [Par Equity](https://shizune.co/investors/profile/par-equity) — VC Fund, 3 deals together

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## FAQ

### What does Scottish National Investment Bank invest in?

Scottish National Investment Bank invests primarily in Manufacturing, Energy and Medical startups, most often at Funding Round and Debt Financing stage. Most of the 57 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Scottish National Investment Bank's check size?

Scottish National Investment Bank typically joins rounds of $6.2M–$9.2M at Series A and $927k–$169M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Scottish National Investment Bank participates in.

### How do I contact Scottish National Investment Bank?

Public channels for Scottish National Investment Bank include LinkedIn 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 National Investment Bank?

The team at Scottish National Investment Bank includes Eilidh Mactaggart (Chief Executive Officer), Jane Reoch (Interim Executive Director) and Mark Munro (Executive Director - Sustainable Investment). 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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