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Finance

Edinburgh game developer secures game-changing $110m investment

Published 10 months ago

Edinburgh-based game developer and publisher Build A Rocket Boy has successfully concluded a Series D funding round, securing over $110 million (around £87m) in capital.

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IGS raises record £22.5m to revolutionise vertical farming

Published 10 months ago

Edinburgh-based Intelligent Growth Solutions (IGS) has successfully raised £22.5 million in a Series C funding round to support significant global expansion as the business deploys its vertical farming technology to customers worldwide.

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N4 Partners boosts investment in neurological researcher NeuroClin

Published 10 months ago

N4 Partners has recently concluded an additional seven-figure investment in NeuroClin, an innovative neurological research organisation based at the Eurocentral business hub.

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SCC: Scottish economy stuck in shadow of low growth

Published 10 months ago

Scotland’s economy is “stuck in a low growth cycle”, according to the latest Scottish Chambers of Commerce Economic Indicator.

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Flowcopter lands almost £1m from Scottish Enterprise to develop greener drones to rival helicopters

Published 10 months ago

A drone technology manufacturer has received almost £1 million from Scottish Enterprise to support the development of a new hybrid, heavy-lift, unmanned aircraft capable of operating on less than 30% of the aviation fuel used by a helicopter.

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FSB calls for raising of VAT threshold to £100,000

Published 10 months ago

The Federation of Small Businesses (FSB) has urged the UK government to consider removing the “barrier to growth” many small businesses are faced with by raising the VAT threshold.

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Insolvency slowdown in December offers brief respite for Scottish businesses

Published 10 months ago

There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics.

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MacKay Corporate Insurance Brokers expands footprint with Glasgow office launch

Published 10 months ago

Ayr-headquartered MacKay Corporate Insurance Brokers has opened a new office in Glasgow.

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Reward Finance Group announces new appointments and Dunfermline office opening

Published 10 months ago

Alternative finance lender, Reward Finance Group, has made two key business development appointments and opened new offices in Dunfermline, in response to reaching a £14.35 million lending milestone across Scotland.

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BlackRock to take ownership of Edinburgh Airport as part of wider £9.43bn deal

Published 10 months ago

Ownership of Edinburgh Airport is set to change hands as part of BlackRock’s deal to acquire Global Infrastructure Partners (GIP) in a significant cash-and-stock transaction valued at over £9.43 billion.

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Menzies Parcels faces closure amidst £28.1m revenue drop

Published 10 months ago

Menzies Parcels, a subsidiary of Menzies Distribution, is on the brink of closure, putting approximately 270 jobs at risk in the north of Scotland.

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EQ Accountants joins Sumer’s growing business services network

Published 10 months ago

EQ Accountants have become the seventh and latest firm to join Sumer, a rapidly expanding business services platform delivering professional support to SMEs across the UK.

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Thomson Cooper’s Jacqueline Whyte secures RI status

Published 10 months ago

Thomson Cooper Accountants has announced the attainment of Responsible Individual (RI) status by director of audit Jacqueline Whyte.

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Fintech sector jobs grow 24% as FinTech Scotland marks sixth anniversary

Published 10 months ago

Scotland’s fintech landscape has experienced a robust 24% surge in job creation within fintech enterprises over the last two years, marking a significant milestone as FinTech Scotland celebrates its sixth anniversary.

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IGG strengthens Scottish presence through acquisition of IC Select

Published 10 months ago

Provider of professional pensions trusteeship and governance services provider Independent Governance Group has acquired Edinburgh-based IC Select.

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