Deals
  1. 01Albacom Limited
  2. 02Dick Brothers Limited
  3. 03Equity Funding for the Bio-sector
  4. 04JBS Group
  5. 05Vasanat International Limited (trading as) Scottish Electric Group
  6. 06Hadden Construction Limited
  7. 07Grampian Leisure Developments Limited
  8. 08£500,000 injection for Aberdeen biotech firm EnteroBiotix
  9. 09Successful Exit of Precision Engineering Business
  10. 10WooHa Brewing moves to bigger site to expand production capacity by five-fold
  11. 11Castle Leisure Group refinancing £3.2m
  12. 12EMI Option Scheme Set-up
  13. 13Kumulos goes for repeat of 'strong' growth in annual sales
  14. 14£150,000 RSA Grant secured for Linlithgow based business utility management experts DB Group
2017 deal

£500,000 injection for Aberdeen biotech firm EnteroBiotix

A biotechnology company focused on using the body’s own micro-organisms to prevent and treat disease has raised £500,000 in funding. The financing into Aberdeen-based EnteroBiotix was led by Equity Gap and supported by the Scottish Investment Bank, the investment arm of Scottish Enterprise. The cash injection will be used to further develop the company’s product pipeline and grow its manufacturing and research team.

The seed round includes £100,000 in non-dilutive funding from a Smart Scotland feasibility grant to allow the company to develop entirely anaerobic – oxygen free – collection and processing capabilities. James McIlroy, a final year medical student at the University of Aberdeen and chief executive at EnteroBiotix, said: “This investment and grant funding will be pivotal in furthering the objectives of EnteroBiotix as we develop the first orally available products for faecal microbiota transplantation in Europe. “We are excited to work with Equity Gap and Scottish Enterprise as we build EnteroBiotix into a dominant player this fast-moving field of science and medicine.”