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Finance

Former RBS executive launches N4 Ventures’ initial VC fund

Published 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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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Equity Gap changes up top team

Published 2 years ago

Equity Gap, the Edinburgh-based angel investment syndicate has today announced changes to its top team that will see the syndicate continue to expand its portfolio across Scotland and the UK.

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Scotland’s economic growth outpaces UK average in Q1 2023

Published 2 years ago

Scotland’s economy demonstrated robust growth in the first quarter of 2023, outpacing the UK average, according to recent data released by the chief statistician.

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Merck to create 500 jobs with £30m investment into Glasgow and Stirling operations

Published 2 years ago

German science and technology giant, Merck, has announced plans to invest €35 million (£30m) in the expansion of its biosafety testing capabilities in Glasgow and Stirling.

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White Oak partners with Law Society and aims to lend £80m in Scotland in 2023

Published 2 years ago

Non-bank lender, White Oak, has inked a fresh partnership with the Law Society of Scotland, further deepening its footprint in the Scottish market.

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STAC boosts female entrepreneurship in Scotland’s tech industry

Published 2 years ago

Scotland’s first internet of things (IoT) accelerator, the Smart Things Accelerator Centre (STAC), has heralded the amount of female-led ventures in its third cohort of companies.

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Glasgow’s Novosound appoints former Intel exec amid North American expansion

Published 2 years ago

Glasgow-based ultrasound sensor firm Novosound has enlisted the expertise of former Intel executive David Jolliffe as its new CFO.

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