Edinburgh-based fly farming firm Beta Bugs has secured a multi-million pound investment as it looks to become a global leader in insect genetics. TriCapital Angels led a £1.7m funding round round in 2023 – and has now followed up with a fresh £2.1m cash injection, alongside Scottish Enterprise. Beta Bugs will accelerate its development into an international player in black soldier fly genetics, as well as scaling up production of eggs and juvenile larvae to supply to insect farming operations. Interface connected Beta Bugs with academics at the University of Edinburgh to work on a collaborative project, and a KTP Associate working with The University of Edinburgh and Beta Bugs won Innovator of the Future at the Scottish Knowledge Exchange Awards 2024.

The pet food brand Wilsons have secured £1m investment to drive growth in funding from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank. The recent funding will be used to enable expansion into new product categories, an
enhancement of production capabilities, and team growth through additional recruitment. Interface connected Republic of Munchery Ltd with Abertay University to work on a Standard Innovation Voucher project.

Congratulations to Sky-Pin Drones Ltd who are based in Melrose. They recently secured a £48k loan from the British Business Bank’s Investment Fund for Scotland, managed by DSL Business Finance, to introduce drone crop-spraying technology to Scottish agriculture. Sky-Pin Drones are redefining the possibilities of drone technology for land management, agriculture, and environmental restoration. They worked with Heriot-Watt University on a collaborative project facilitated by Interface.

Life science firm Dyneval has secured £516k investment as part of a larger funding round to support the development of its Dynescan fertility technology. The Dynescan analyser is the first device capable of measuring semen quality over time under conditions that replicate the reproductive tract. Since its launch in 2022, the technology has been adopted by 31 customers across 11 countries. Dyneval have utilised Interface’s services and connected into a range of Scottish academic talent, including University of Strathclyde, University of Edinburgh and University of Dundee.