Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million as it continues to expand into international markets.
Scottish National Investment Bank
The Scottish National Investment Bank (Snib) has sunk £6.6 million into Verlume, the Aberdeen company focused on offshore battery storage technology.
The chairman of Scotland’s national investment bank wants to speak to companies in the north and north-east that want to get into the next “massive industrial revolution”.
Electric vehicle (EV) charging firm Trojan Energy has plans to expand its team and ramp up installations after securing £9million in funding from the Scottish National Investment Bank (SNIB).
Following a tumultuous two years since the first Covid-19 lockdown in the UK, the now much-changed energy sector remains an attractive proposition for both global investors and trade players. Many of these are looking to get ahead of the curve of the much publicised transition to sustainable energy sources.
The Scottish National Investment Bank has invested £13 million in a wind farm project alongside a London fund manager.
The Scottish National Investment Bank has the potential to be a positive and integral part of the economy, MSPs have said.
National investment banks are well known around the world. They can work well. Though most are not “banks” and so not regulated as such.