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    Scottish National Investment Bank logo

    Scottish National Investment Bank

    Edinburgh, United KingdomFounded 2020
    www.thebank.scotLinkedIn
    Climate & EnergyManufacturingHealthcareTelecomInfrastructure & Cloud

    The Scottish National Investment Bank is a Scottish state-owned investment and national development bank based in Edinburgh. It provides patient, long-term capital (debt and equity) to businesses, projects, and communities across Scotland, with a primary mission of supporting the transition to net-zero carbon emissions and fostering a fairer, more sustainable economy.

    Deal activity increased 500% year-over-year (6 deals in the last 12 months). Average disclosed round size is $34.9M (across 12 rounds with reported amounts).

    Find people at Scottish National Investment Bank on Goldilocks AI

    Portfolio

    33

    Fund Size

    $2.5B

    Top Stage

    Unknown

    Last 12 Mo

    6

    Team

    Ailsa Young

    Ailsa Young

    Investment Director

    Andy Clapp

    Andy Clapp

    Executive Director - Investment Portfolio Management

    Carolyn Jameson

    Carolyn Jameson

    Non-executive Director and Senior Independent Director

    Craig Stevens

    Craig Stevens

    Investment Director

    Gary Page

    Gary Page

    Non-executive Director

    Jacqueline Redmond

    Jacqueline Redmond

    Non-executive Director and Chair of Risk Management and Conflicts Committee

    Jane Reoch

    Jane Reoch

    Executive Director - Investment

    Jason McGibbon

    Jason McGibbon

    Non-executive Director and Chair of Investment Oversight and Valuations Committee

    Jimmy Williamson

    Jimmy Williamson

    Executive Director - Investment

    Jonathan Taylor

    Jonathan Taylor

    Non-executive Director

    Laura Fidao

    Laura Fidao

    Investment Director

    Nicola Douglas

    Nicola Douglas

    Executive Director - Investment

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    40 investments
    CompanyRoundAmountDate
    DataVita logoDataVitaUnknown—Aug 2026
    Mironid logoMironidSeries B$46MAug 2026
    Bioliberty logoBiolibertySeries A$8.2MMar 2026
    Bioliberty logoBiolibertySeries A—Jan 2026
    Bioliberty logoBiolibertySeries A$8.2MJan 2026
    Whiteburn Projects Limited logoWhiteburn Projects LimitedGrowth—Nov 2025
    Launchpad logoLaunchpadSeries A$11MOct 2025
    LLaunchpad Build AISeries A$11MOct 2025
    Pulpex logoPulpexSeries D—Feb 2025
    Pulpex logoPulpexSeries D$120MJan 2025
    Bioliberty logoBiolibertySeries A$2MJan 2025
    iGii logoiGiiGrowth—Jun 2024
    Cumulus Oncology logoCumulus OncologySeed—Jan 2024
    HHighviewUnknown—Jan 2024
    EnteroBiotix logoEnteroBiotixUnknown$21.5MJan 2024
    Utopi logoUtopiGrowth—Jan 2023
    Ardersier Port logoArdersier PortUnknown—Jan 2023
    Bioliberty logoBiolibertySeed—Jan 2023
    North Star Renewables logoNorth Star RenewablesUnknown—Dec 2022
    Orbex logoOrbexSeries C$46.1MOct 2022
    IndiNature logoIndiNatureUnknown—Jan 2021
    Travelnest logoTravelnestGrowth—Jan 2020
    Cumulus Oncology logoCumulus OncologyPre-Seed—Jan 2020
    Calcivis logoCalcivisUnknown—Sep 2019
    OOrbex SpaceSeries C$24MJan 2018
    Page 1 of 2

    Top Co-Investors

    BGF5 shared
    Eos Advisory4 shared
    Heartcore Capital3 shared
    Octopus Ventures3 shared
    High-Tech Gründerfonds3 shared
    Old College Capital3 shared
    Scottish Enterprise Growth Investment Team3 shared
    Verve Ventures2 shared
    EIFO2 shared
    Cox Exponential2 shared
    Lavrock Ventures2 shared
    Lockheed Martin Ventures2 shared
    Ericsson Ventures2 shared
    Quadri Ventures2 shared
    Mercia Asset Management2 shared
    The Goldman Sachs Group, Inc.2 shared
    KIRKBI2 shared
    Mosaic Ventures2 shared
    Rio Tinto2 shared
    Quantum Capital Group2 shared

    Last updated: 7 October 2026