Maven Capital Partners has completed a profitable exit from Edinburgh-based QikServe through a sale to business management software provider The Access Group, for an undisclosed sum.
A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.
Glasgow-based marketing technology platform Triyit Ltd has secured an £850,000 investment, from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank, as part of a £1.1 million funding round.
The Cyber and Fraud Hub, launched earlier this year by the Cyber and Fraud Centre Scotland to support members of the public affected by cyber and fraud crime, has received a substantial donation to support its first two years from Arnold Clark.
The Information Commissioner’s Office (ICO) and the National Crime Agency (NCA) have signed a joint memorandum of understanding (MoU) that sets out how both organisations will cooperate to improve the UK’s cyber resilience.
The UK has signed the first-ever international legally binding treaty aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law.
STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m.
Web and software development specialist Hybrid Anchor has acquired Edinburgh-based tech support firm Off Canvas in a deal which is expected to create 40 jobs in the next three years.
Joint administrators Craig Morrison and Brian Milne, managing directors of business advisory firm Quantuma, have facilitated the sale of a streaming service developed by Glasgow-based Frog Systems, for an undisclosed sum.