Early Stage

AppShare Ltd
Formed in 2007 as a spin-out from the University of Strathclyde, AppShare is developing a collaborative software solution which allows the sharing of software applications between users at different locations and the technology is designed to scale within medium and large enterprise networks.

Atlas Genetics Ltd
A spin-out from Bath University, Atlas is developing a ‘point of care’ molecular diagnostic platform for the rapid detection of DNA. The company is currently working on tests for Chlamydia / Gonorrhoea, MRSA, Group B Streptococcus, Bacterial Meningitis and Norwalk Viruses. The company was formed in 2005.

Biopta Ltd
Biopta operates as a niche Contract Research Organisation (CRO) and has established itself as a world leader in the use of human tissues to better predict drug safety and efficacy prior to clinical trials. The company is a spin-out from Glasgow Caledonian University.

Bloxx Ltd
Founded in 1999, Bloxx is an award-winning web filtering company which has developed novel approaches to prevent inappropriate use of the web, both to stop nasty web material from hitting users' desktops, and also to give control over access to other types of websites that impact on user productivity, such as shopping. The company has expanded to a multimillion pound operation with products sold in Europe and North America.

Cascade Technologies Ltd
Cascade has created a technology which uses quantum cascade lasers to provide breakthrough products that create instant DNA type fingerprints of gases, enabling their presence and quantity to be detected.

Clapham House Group PLC
Formed by two previous executive directors of Pizza Express, Clapham House Group PLC is an AIM listed company that acquires and develops restaurant formats. Brands at the time of the listing of the company included The Real Greek, The Bombay Bicycle Club, Gourmet Burger Kitchen. Tootsies was added to the portfolio later.

Conjunct Ltd
Based in Livingston, Conjunct was formed in 2004 to address the ever-increasing need for higher-bandwidth and higher-speed optical data and communications transmission devices.

Convivial London Pubs PLC
Following the success of their first venture, the Capital Pub Company founders David Bruce and Clive Watson launched the Capital Pub Company 2 PLC, on 29 January 2004. The company changed its name to Convivial London Pubs in August 2008 and now manages eight pubs in the London area.

Design LED Products Ltd
Design LED Products has developed and patented technology to embed Light Emitting Diodes (LEDs) within printed light-guide devices. This enables thin, flexible, high efficiency light panels and displays suitable for a range of applications from consumer electronic devices to large area LED lighting and LCD TV backlighting. The Company was formed in 2004.

Dimensional Imaging Ltd
A double spin-out from Edinburgh and Glasgow universities, Dimensional Imaging was the first company to be supported by the SMART Equity Scheme. The company provides 3D and 4D image capture systems to the medical, entertainment and other industries.

EctoPharma Ltd
Ectopharma is virtual pharmaceutical company focused on commercialising patented technologies in the areas of human and veterinary medicine. The Company is currently conducting R&D work into a novel gene therapy which may have the potential to help the treatment of several forms of cancer.

Elonics Ltd
Founded in 2003, Elonics is a fabless mixed-signal semiconductor company specialising in the development and sale of multi-band radio frequency IC products.

imsense Ltd
Founded in January 2006 as a spin-out from the University of East Anglia, imsense was an image signal processing technology company. Im-sense was acquired by an undisclosed trade buyer in July 2010, providing Braveheart with its latest exit.

MicroStencil Ltd
Incorporated in 2003, MicroStencil is a spin-out from Heriot-Watt University. The company has developed a patented fabrication process which allows the manufacture of superior electroformed products.

mLED Ltd
mLED is a newly formed company, spun-out from the University of Strathclyde. Micro light emitting diodes - "microLEDs" - are devices made up of thousands of tiny emitters producing light in a compact, integrated package.

NiTech Solutions Ltd
A spin-out from Heriot-Watt University, NiTech has developed a patented mixing technology for process industries. The company has invented and patented a unique mixing technology known as the Continuous Oscillatory Baffled ReactorTM (‘COBR’).

Optos plc
Founded and incorporated in 1992 by Douglas Anderson after his five-year-old son went blind in one eye, Optos commercialised a patient-friendly retinal image product that enables retinal examinations to be made more cheaply, effectively and safely.

Pufferfish Ltd
Formed in 2004, Pufferfish has developed dynamic digital display systems using spherical projection for the events and exhibitions market.

Pyreos Ltd
Formed in 2007, Pyreos has developed a patented thin film pyro-electric ceramic technology for use in a new range of infra-red sensor products. The technology will initally be applied for use in mass market and high value specialist applications such as motion detectors, spectroscopy and infra-red cameras.

Tayside Flow Technologies Ltd
TFT has developed and commercialised novel cardiovascular devices based on a new understanding of blood flow dynamics called Spiral Laminar Flow. By mimicking the physiological features of healthy veins and arteries into the design of grafts and stents, the spiral flow reduces turbulence and sheer wall stresses in vessels, and therefore prevents a build-up of the deposits that would eventually lead to a blockage.

The Capital Pub Company PLC
Formed in 2000 by pub entrepreneurs David Bruce and Clive Watson, with the vision of building an estate of traditional type pubs, each serving its local community, the Capital Pub Company listed on AIM in June 2007.

Traak Systems Ltd
Founded in 2005, Traak is developing intelligent self-learning radio frequency identification (RFID) and sensor solutions for the growing RFID sector. RFID technology is commonly used in a wide variety of industries such as retail, transportation, logistics and healthcare.

Vibration Technology Ltd
Originally based in Larbert, Vibtech developed a high speed wireless solution for seismic surveys in the oil and gas services sector. Vibtech was sold to French company Sercel in October 2006.

Wolfson MicroElectronics
A spin-out from the University of Edinburgh, Wolfson Microelectronics provides engineering solutions in the digital audio sector of the consumer electronics market. In October 2003 the company made its debut on the London Stock Exchange with a market capitalisation of c£250m.
