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“SaxaVord Spaceport’s £60m has given Scottish space more in October alone than in all of 2025, on our record.”

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Investor · Scotland

Scottish National Investment Bank

Scottish National Investment Bank is an investor named in 19 Scottish funding rounds on the record.

What they do

“The Scottish National Investment Bank provides long-term investments for businesses, projects and communities, including both debt and equity.”

In its own words, on thebank.scot

In plain speak

They provide long-term money to businesses, projects and communities, in the form of loans and ownership stakes.

In the news

Three new Non-Executive Directors appointed to Bank’s Board

Scottish National Investment Bank · 27 Oct 2026

Innovatium secures £3m from Investment Bank, Hitachi

Scottish Financial Review · 15 Jul 2025

NCIMB, Aberdeen microbiology firm, wins investment

Scottish Financial Review · 29 Apr 2025

Subsea Micropiles secures £9.2m as it expands operations in Scotland

Scottish National Investment Bank · 27 Feb 2025

Pulpex, sustainable packaging firm, raises £62m

Scottish Financial Review · 18 Feb 2025

Cumulus Oncology secures £9 million funding

Angel Capital Scotland · 8 Jan 2024

Scots National Bank invests £6m in Cumulus Oncology

Scottish Financial Review · 8 Jan 2024

Sunamp launches Series B with £6million investment

Scottish National Investment Bank · 22 Sep 2022

National Investment Bank backs pureLiFi with £10m

Scottish Financial Review · 13 Jul 2022 · also Technology Scotland

In Scottish tech

Rounds named in
19, 8 Jan 2024 to 14 Oct 2026
Companies
18
Disclosed
£241.9m across 19 rounds, the whole round each time
Typical round
£8.8m, the middle disclosed round
Sectors
Life sciences 6 · Energy 3 · Agritech 1 · AI 1 · Cybersecurity 1 · Environment 1 · Hardware 1 · Proptech 1 · Robotics 1 · Software 1 · Space 1 · Telecoms 1

MiAlgae

1 round

iGii

2 rounds

Mironid

1 round

Bioliberty

1 round

Launchpad

1 round

Innovatium

1 round

Utopi

1 round

Cyacomb

1 round

NCIMB

1 round

Pulpex

1 round

XLCC

1 round

Leap AI

1 round

FOR EV

1 round

Orbex

1 round

Rounds it was named in

Nami Surgical raises £3.4m

14 Oct 2026 · Growth · Maven Capital Partners · Nami Surgical · with Scottish National Investment Bank · filed at Companies House · the round · Scottish tech funding, October 2026

MiAlgae raises £2.5m

6 Oct 2026 · Growth · Scottish National Investment Bank · MiAlgae · with Scottish National Investment Bank · the round · Scottish tech funding, October 2026

iGii raises £22.7m

16 Sep 2026 · Series B · Scottish Business News · iGii · with Scottish National Investment Bank, Scottish Enterprise · the round · Scottish tech funding, September 2026

Mironid raises £34m

5 Aug 2026 · Series B · Scottish National Investment Bank · Mironid · with Scottish National Investment Bank, Roche Venture Fund, Epidarex Capital, Sofinnova Partners, BioGeneration Ventures, University of Strathclyde · filed at Companies House · the round · Scottish tech funding, August 2026

Bioliberty raises £6.2m

3 Apr 2026 · Series A · DIGIT · Bioliberty · with Scottish National Investment Bank, Archangels, Eos Advisory, Old College Capital, Hanna Capital SEZC, Conduit Connect · the round · Scottish tech funding, April 2026

Launchpad raises USD $11m (about £8.24m at $1.335 to the pound, Oct 2025)

15 Oct 2025 · Series A · Scottish National Investment Bank · Launchpad · with Lavrock Ventures, Squadra Ventures, Scottish National Investment Bank, Ericsson Ventures, Lockheed Martin Ventures, Cox Exponential · the round · Scottish tech funding, October 2025

Innovatium raises £3m

15 Jul 2025 · Growth · DIGIT · Innovatium · with Scottish National Investment Bank, Hitachi Industrial Equipment Systems · the round · Scottish tech funding, July 2025

Utopi raises £5m

26 Jun 2025 · Growth · Utopi · Utopi · with Scottish National Investment Bank · the round · Scottish tech funding, June 2025

Cyacomb raises £2.25m

14 May 2025 · Growth · FutureScot · Cyacomb · with Scottish National Investment Bank · the round · Scottish tech funding, May 2025

NCIMB raises £1.7m

30 Apr 2025 · Growth · The Herald · NCIMB · with Investment Fund for Scotland, Maven Capital Partners, Scottish National Investment Bank · the round · Scottish tech funding, April 2025

Pulpex raises £43.5m

20 Feb 2025 · Growth · HM Revenue and Customs · Pulpex · with National Wealth Fund, Scottish National Investment Bank · the round · Scottish tech funding, February 2025

XLCC raises £20m

15 Jan 2025 · Growth · Scottish Financial News · XLCC · with Scottish National Investment Bank · the round · Scottish tech funding, January 2025

Leap AI raises £7.9m

24 Sep 2024 · Growth · Aberdeenbusinessnews · Leap AI · with Scottish National Investment Bank, Mercia Ventures, WA Capital · the round · Scottish tech funding, September 2024

Highland Broadband raises £10m

15 Aug 2024 · Growth · Scottish Housing News · Highland Broadband · with Scottish National Investment Bank · the round · Scottish tech funding, August 2024

iGii raises £8.8m

18 Jun 2024 · Growth · City AM · iGii · with Scottish National Investment Bank, Archangel Investors, Par Equity · the round · Scottish tech funding, June 2024

FOR EV raises £10m

12 Jun 2024 · Growth · Silicon Canals · FOR EV · with Scottish National Investment Bank · the round · Scottish tech funding, June 2024

Orbex raises £16.7m

19 Apr 2024 · Series C · FutureScot · Orbex · with Scottish National Investment Bank, Octopus Ventures, BGF, Heartcore, EIFO · the round · Scottish tech funding, April 2024

EnteroBiotix raises £27m

4 Apr 2024 · Growth · Startupmag · EnteroBiotix · with Thairm Bio, Kineticos Life Sciences, Scottish National Investment Bank, Scottish Enterprise · the round · Scottish tech funding, April 2024

Cumulus Oncology raises £9m

8 Jan 2024 · Seed · The Herald · Cumulus Oncology · with Scottish National Investment Bank · the round · Scottish tech funding, January 2024

Latest from Scottish National Investment Bank

David Ritchie appointed chief executive 07 January 2026

from thebank.scot, posted by the company

Timeline

  1. 27 Oct 2026newsNational Investment Bank appoints three new directors
  2. 27 Oct 2026newsScottish National Investment Bank bolsters board
  3. 27 Oct 2026newsThree new Non-Executive Directors appointed to Bank’s Board
  4. 21 Oct 2026newsGraeme Sands appointed chief portfolio officer of the Bank

Register facts, funding, grants and the latest news, each linked or sourced. The data file holds the register facts, funding and grants only.

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