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LoveCrafts raises $22m and acquires WEBS, America’s leading online needlecraft company

LOVECRAFTS, a leading online crafts community, with millions of users across 140 countries worldwide, today announces the acquisition of WEBS, America’s Yarn Store. The company secured an additional $22m funding from existing investors including...

UK Covid-19 drug developer welcomes NHS treatment priority

A UK biotech company developing a novel treatment for Covid-19 has welcomed NHS plans to make Covid-19 treatments available to patients as soon as possible. The CEO of NHS England,...

ePOS Hybrid reports significant growth, despite difficult year for the hospitality sector

EPOS Hybrid, the start-up that’s disrupting the hospitality sector with market leading point of sale and payments technology, is reporting a significant 155% uplift in sales over the last year, despite the challenges...

Founder series

Stuart Clark, Managing Director, Russell & Russell What does your company do? We are business advisors and chartered accountants and have been in business over 40 years....

Scottish tech startup Stellar Omada hits £10m revenue in year two

Stellar Omada quadrupled revenue in its second financial year, while growing headcount from 6 to 50 during 2020Colin Frame-founded Stellar Omada specialises in programme delivery, technology transformation, testing services and Innovation with clients...

£3m loan will give Scottish firm the fuel to consolidate and grow

The investment will support technology partner Cloudstream to capitalise on its success A FIFE-based managed IT services business that specialises in the implementation, improvement, and maintenance of IT services, telecommunications,...

University of Edinburgh becomes first in Scotland to complete cloud migration

THE University of Edinburgh has today gone live with the first phase in migrating its core IT systems to the Oracle Cloud, becoming the first higher education institution in Scotland to do so....

Manus secures £1.2m to support launch of Parkinson’s Pen

EDINBURGH medtech company Manus Neurodynamica Limited (“Manus”), has closed a £1.2M funding round to support the launch of its digital pen which provides an early warning of Parkinson's disease and other neurological conditions.

Former senior AstraZeneca executive and experienced non-executive director Chris Brinsmead joins Eos Advisory as Partner

Chris Brinsmead CBE is a council member at Imperial College London, a former adviser to the UK Government on life sciences, and held senior executive roles at ICI, Zeneca and AstraZenecaAndrew McNeill: “Bringing...

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Scottish Tech firm wins $100,000 global award from Google and SAP

Edinburgh-based waste analytics company, Topolytics, has won the Google Cloud and SAP Circular Economy 2030 Contest, launched at the World Economic Forum...

SHARC Energy Systems brings new jobs and new technology to Clyde Gateway

A Canadian energy company has become the latest occupant at Clyde Gateway’s Red Tree Business Suites, in a move that brings a highly skilled...

James Gibb Residential Factors appoints Finance and Acquisitions Director

James Gibb Residential Factors has appointed Euan Haggerty to its Board as Finance and Acquisitions Director as the firm looks to expand its foothold...

Aberdeen chemicals business set for growth after management buy-in

ABERDEEN-based chemicals manufacturer FIS Chemicals is set on an expansion course after a management buy-in. The MBI is backed...

EDF Renewables provides Tesco with power from solar panels and wind farms

EDF Renewables has signed three corporate Power Purchase Agreements (PPAs) with the multinational retailer, Tesco.  Through these three contracts,...