Key Information
Key Quotes
Eilidh Mactaggart, CEO of the Scottish National Investment Bank said:
“This Glasgow based business is at the cutting edge of innovation and is a recognised world-leader in its field with huge growth potential. It is a great fit with our missions and our investment will create real economic benefit in Scotland. We worked collaboratively to provide an investment solution tailored to M Squared’s needs, and our patient capital approach meant we were able to take the longer-term view that was needed. We are hugely excited about the future for M Squared and look forward to working with Graeme and his team supporting the next phase of its growth.”
Dr Graeme Malcolm OBE, Founder & CEO of M Squared, said:
“M Squared makes the world's purest light - technology that has transformative, real-world, applications that can take on the climate emergency, greatly improve biomedical imaging, realise the next evolution of semiconductors, and now truly unlock the coming quantum age.
“Scotland is at the heart of the UK’s advanced science and technology sectors and sitting alongside world-leading universities and commercial partners – it has become a critical hub of excellence from which we can continue expanding globally.
“Our commercial and technological potential is enormous and with this transaction we have the ideal financial and structural platform to progress and realise substantial growth and launch major new developments.”