RECORD YEAR FOR INVESTMENT

Risk capital investment in Scotland jumped 70 per cent to £430 million last year – an almost fourfold increase in investment since 2012.

Venture capital firms based outside of the UK invested some £290 million (80 per cent of VC investment) into Scottish SMEs, building on over £50 million from the rest of the UK.

The figures were released as Kerry Sharp, head of Scottish Investment Bank, led a delegation of Scottish companies at the EIE technology investor showcase event in London.

The Risk Capital Market in Scotland, commissioned by Scottish Enterprise and undertaken by Young Company Finance, also found that 2015 was a record year for business angel investment in Scotland, with more than £30 million investment from this source, representing a 15 per cent increase on 2014.

Deals of more than £2 million are now a strong feature of the Scottish market. In common with other regions, 2015 was again characterised by the presence of significant large deals, with the top 2 deals accounting for 60 per cent of total investment.

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