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Finance

iomart bolsters cloud capabilities with £4m Extrinsica purchase

Published 1 year ago

Glasgow-based cloud computing firm iomart has acquired Oxford-based Microsoft Azure Cloud solution services provider Extrinsica in a deal worth £4.3 million.

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Renewable Parts completes five-fold expansion into new £1.5m operations centre at Westway

Published 1 year ago

Independent supply chain management company Renewable Parts has recently expanded into a new state-of-the-art operations centre located at Westway, near Glasgow Airport.

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Cullen Eco-Friendly Packaging secures £475,000 for plant expansion

Published 1 year ago

Cullen Eco-Friendly Packaging Ltd has secured a £475,000 grant from Scottish Enterprise to enable the firm to extend its Glasgow premises to bring in new machinery to make them even more energy efficient and sustainable.

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HIE invests £5.37m in Caithness and Sutherland in 2022-23

Published 1 year ago

Figures collated by Highland and Islands Enterprise (HIE) have revealed that the agency approved more than £5.37 million investment across Caithness and Sutherland in the financial year 2022-23.

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Green Angel Ventures invests £1m in Carbogenics to build its first production and R&D facility in Scotland

Published 1 year ago

Edinburgh-based Carbogenics, which has developed proprietary technology that boosts green energy production, has raised more than £1 million in investment to build its first production and R&D facility in Scotland.

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Financial sector expert Jennifer Mellor joins Burges Salmon as director

Published 1 year ago

Burges Salmon has appointed Jennifer Mellor as a director in its funds and financial regulation team.

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Former RBS executive launches N4 Ventures’ initial VC fund

Published 1 year ago

Glasgow-based firm N4 Ventures, spearheaded by Gordon Merrylees, previously the managing director of entrepreneurship at NatWest, RBS, and Ulster Bank, has announced the initiation of its inaugural venture capital fund following regulatory approval from the Financial Conduct Authority (FCA).

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Roy Hogg and John Gold join Johnston Carmichael’s Stirling team

Published 1 year ago

Johnston Carmichael has appointed Roy Hogg and John Gold to its Stirling team as business advisory partner and business advisory director, respectively, expanding its business capabilities.

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Edinburgh tech startup Inicio AI secures £500k to harness AI for debt management

Published 1 year ago

Edinburgh-based technology startup Inicio AI, known for making debt management more efficient for businesses and less stressful for consumers, has successfully secured more than £500,000 in an ongoing £1 million fundraising round.

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DJ Alexander achieves record £15m property sales in May

Published 1 year ago

Estate and letting firm DJ Alexander has achieved £15 million in property sales in May, recording its highest-ever sales figure in a single month.

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GWA promotes chartered accountant David Renton to partner

Published 1 year ago

David Renton, an experienced chartered certified accountant, has been promoted to partner at the Scottish Borders firm Greaves West & Ayre (GWA).

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Scotgold CEO steps down amidst promising gold production progress

Published 1 year ago

Scottish gold producer Scotgold Resources has been challenged with an imminent leadership change after its CEO, Phil Day, announced his intention to resign.

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Quantuma appoints Alistair Dickson as managing director to Glasgow office

Published 1 year ago

Cross-border advisory firm, Quantuma, has appointed seasoned restructuring advisory professional Alistair Dickson as a managing director in its Glasgow office.

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Pneumagen raises £8m to accelerate drug development

Published 1 year ago

St Andrews-based biotech firm Pneumagen has secured £8 million in financing from existing and new investors to support the continued Phase 2 development of Neumifil, a broad-spectrum antiviral, intranasal drug for the prophylaxis and treatment of viral respiratory tract infections (RTIs).

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Johnston Carmichael announces three new directors

Published 1 year ago

Scottish accountancy firm, Johnston Carmichael, has expanded its senior management ranks with three new director promotions as part of its strategic leadership growth plan.

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