Scottish Enterprise has reported that 2021/22 continued to be a record year for its early-stage investment activities.
The enterprise agency, which has been investing in such businesses since 2003, recorded investment of £50.71m into 102 new opportunities, leveraging a further £257m from private investors, which resulted in over £307m of growth finance.
Alongside local, national and international private investors, 2021/22 was the strongest year yet for attracting international co-investment - more than half of which came from global venture capital firms and corporate investors.