Five Scottish fintech startups have each received £50,000 grants from the Financial Regulation Innovation Lab (FRIL) in Glasgow, following the latest Innovation Call to “develop and test solutions to improve regulatory resilience and drive industry innovation”. We’re delighted to see two Matched by Interface companies in the list. Congratulations to Profylr, who work in regulatory compliance software and HAELO, a global regulatory horizon scanning company.

Glasgow-based medtech company Seluna has launched a major NHS validation study to improve diagnosis and management of childhood sleep apnoea, a condition affecting an estimated 96 million children globally, with 80% of cases undiagnosed. The study, involving 500 children at the Royal Hospital for Children in Glasgow, follows a £650k investment from Gabriel Investment Syndicate, Scottish Enterprise, the University of Strathclyde, and STAC Invest. Seluna was introduced to the University of Glasgow to work on innovative projects by Interface.

Converge has secured its largest-ever multi-year funding package of £1.26m from the Scottish Funding Council, providing stability for supporting university innovators across Scotland over the next three years. The academic enterprise programme’s 2025 winners have also been revealed, sharing more than £400,000. Congratulations to the following Matched by Interface companies:

• New-Found-Hope
• Gestura
• CAnswer Biosolutions
• Raygonal