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The Scottish National Investment Bank operates as a development investment bank, providing long-term debt and equity to businesses, projects, and communities across Scotland. It strategically invests where private markets are insufficient, delivering environmental, social, and financial returns with commercial viability, typically deploying over £1 million. The bank tailors financing to support growth aligned with national priorities.
Established and funded by Scottish Ministers under the 2020 Scottish National Investment Bank Act, its inception addressed a patient capital gap for national development. Operating with commercial independence, this state-owned entity understands dedicated development finance is crucial to catalyze economic growth where traditional investment often hesitates. This foundation aims to provide stability and strategic direction for key sectors.
Beneficiaries include Scottish businesses, projects, and enterprises relocating to Scotland, all seeking impactful long-term investment. The bank's core vision transforms the Scottish economy by aligning investments with national missions: achieving Net Zero, fostering community prosperity through its 'Place' mission, and accelerating innovation for a productive, sustainable future.
Key people at Scottish National Investment Bank.
Scottish National Investment Bank has 2 tracked investments across 2 companies. The latest tracked deal is $9.1M Series A in PneumoWave in January 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 12, 2023 | PneumoWave | $9.1M Series A | Mark Bamforth OBE, Alba Equity, Paul Callaghan, Fraser Lusty, Robert Naylor, Kerry Sharp, Scottish National Investment Bank | — |
| Mar 1, 2017 | ZoneFox | $4.4M Series A | — | Tricap |
Key people at Scottish National Investment Bank.