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Scottish Enterprise Growth Investment Team [2024]
Finance and Risk Capital
Impact for scaleups
129
UK companies backed
25%
follow on investments
99%
outside London
72
growth stage investments
Key sectors
The Scottish Enterprise Growth Investment Team (formerly Scottish Investment Bank) continues to serve as the investment arm of Scottish Enterprise, supporting businesses across Scotland with growth potential. It works in partnership with Highlands and Islands Enterprise and South of Scotland Enterprise to ensure access to capital through equity, debt, and co-investment funding.
Between 2018 and June 2025, the fund participated in 173 fundraisings for 129 UK-based companies. Their average turnover was £843k with 28 employees.
In 2025, Scottish Enterprise has invested in a number of companies such as Persi, an e-commerce app, and Skylark Lasers, a firm that develops lasers. Notable scaleups within their portfolio include Synaptec, a firm that produces sensor technology and QTV a sporting television company.
SE Growth Investment Team has solidified its reputation for fostering high-growth businesses, collaborating with angel investors and venture capital firms to promote sectors such as renewable energy, life sciences, and tech innovation.
Scottish Enterprise (SE) has centered its 2025 UK activity on a mission-led operating plan and a renewed £1.8 billion Capital Investment Scheme. The operating plan focuses on three core missions: Accelerating the Energy Transition, Boosting Capital Investment, and Scaling Innovation, with key projects including attracting significant offshore wind supply chain investment and launching the Grangemouth Industrial Cluster Strategy. A major financial update is the introduction of the Capital Investment Scheme 2025–2035, budgeted at up to £1.8 billion to drive productivity growth through capital investment in Scottish businesses, alongside a sharpened focus on Net Zero by requiring investee companies to comply with a Responsible Investment Framework.
