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Subsea Micropiles secures £9.2m as it expands operations in Scotland - Scottish Business News

Summary by Scottish Business News
Subsea Micropiles Ltd. has secured £9.2m (€11m) to further develop its technology and expand operations in Scotland, which is expected to support around 100 jobs over the next five years. The funding round is led by the Scottish National Investment Bank (“the Bank”) which has committed £6.7m (€8m). The round is joined by Marubeni – Itochu Steel Inc., which is co-investing £2.5m (€3m). Subsea Micropiles’ innovative marine anchor system is designe…
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Subsea Micropiles secures £9.2m as it expands operations in Scotland - Scottish Business News

Subsea Micropiles Ltd. has secured £9.2m (€11m) to further develop its technology and expand operations in Scotland, which is expected to support around 100 jobs over the next five years. The funding round is led by the Scottish National Investment Bank (“the Bank”) which has committed £6.7m (€8m). The round is joined by Marubeni – Itochu Steel Inc., which is co-investing £2.5m (€3m). Subsea Micropiles’ innovative marine anchor system is designe…

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Scottish Business News broke the news in on Thursday, February 27, 2025.
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