Investment from Sky Ocean Ventures and Scottish Enterprise creates new jobs and enables expansion at CuanTec

CuanTec, the blue biotech company based in Motherwell and Oban, have completed an investment round with Sky Ocean Ventures and Scottish Enterprise that will enable them to process at pilot production scale and finalise their formulations. The investment will also create new jobs at the CuanTec lab at the European Marine Sciences Centre at Dunstaffange outside of Oban. The investment round has been led by Sky Ocean Ventures – Sky’s impact investment fund committed to accelerating ideas that can help turn off the plastics tap and the Scottish Investment Bank,…

Read More