Scotmas Secures £2.2 Million for Expansion
Deal News | Jan 20, 2025 | Scottish Enterprise
Scottmas Group Ltd, a B-Corp accredited company specializing in advanced water treatment technologies, has successfully raised £2.2 million in equity funding. This significant financial commitment will fuel Scotmas’s ambitions to expand internationally. The investment round was led by the Investment Fund for Scotland, which is under the management of Maven Capital Partners and is supported by the British Business Bank. Scottish Enterprise also participated in the funding, showcasing its continued commitment to fostering local business growth and innovation. The collaboration between these entities not only underscores their confidence in Scotmas’s growth potential but also reflects the broader trend of investing in sustainable and impact-driven enterprises.
Sectors
- Water Treatment
- Private Equity and Venture Capital
- Sustainable Business
Geography
- Scotland – Scotland is the location of Scotmas Group Ltd and the focus area for investment from local entities such as Scottish Enterprise.
- United Kingdom – The British Business Bank, a UK-wide organization, plays a significant role in the investment, representing the broader geographical context.
- International – The funding is aimed at supporting Scotmas's international expansion, making the global market a relevant geographical consideration.
Industry
- Water Treatment – Scotmas Group Ltd operates in the water treatment industry, providing technologies and solutions to treat and manage water resources.
- Private Equity and Venture Capital – The investment involves multiple PE and VC participants, including Maven Capital Partners and Scottish Enterprise, highlighting the role of financial investments in business growth.
- Sustainable Business – Scotmas Group is a B-Corp accredited company, indicating its commitment to sustainability and ethical business practices, relevant to the growing interest in sustainable investments.
Financials
- £2.2 million – The total equity funding secured by Scotmas Group Ltd to support its international expansion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Scotmas Group Ltd | Target Company | Company | A B-Corp accredited company specializing in water treatment technologies. |
| Maven Capital Partners | Bidding Company / Investor | Company | A private equity firm managing the Investment Fund for Scotland. |
| Investment Fund for Scotland | Investor | Company | A fund managed by Maven Capital Partners aimed at supporting businesses in Scotland. |
| Scottish Enterprise | Investor | Company | An economic development agency of the Scottish Government contributing to the investment. |
| British Business Bank | Investor | Government | A UK government-owned business development bank supporting the investment. |