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<\/a><\/p>\nSTAC\u2019s investment arm was established to address a critical gap in Scotland\u2019s startup ecosystem \u2013 providing capital at the crucial early stage when companies need funding to get their products to market.<\/p>\n
Silver Lion Innovations, co-founded by Ruth Crozier and Conor Crozier, aims to help people who have limited mobility and those who care for them. The company\u2019s flagship product, EasyOver, is a smart mattress topper that enables individuals to turn safely and comfortably in bed, either themselves or with the support of one carer who can complete a safe and dignified turn at the touch of a button, improving quality of life on all fronts.<\/p>\n
\u201cThe investment and support from STAC have been absolutely invaluable. It\u2019s not just about the funding \u2013 it\u2019s about being part of a network that truly understands what\u2019s involved in building a healthtech company. The 18-month STAC accelerator helped us refine our pitch, connect with the right partners, and gave practical support, from communications to hiring our first employee,\u201d said Ruth.<\/p>\n
\u201cThis backing gives us the further momentum to take EasyOver to those who need it most, faster than we could have otherwise. Being part of the STAC ecosystem means being around other founders going through similar journeys, and that community aspect has made it easy to mutually support one another.\u201d<\/p>\n
Seluna, co-founded by Dr Scott Black and Dr Yola Jones, is developing machine learning-enabled software to support doctors to diagnose and manage childhood sleep apnoea. Seluna\u2019s claims that its software will be the first in market solution developed specifically for paediatric healthcare to automate and streamline the process of interpreting sleep studies. This will improve diagnostic accuracy, reduce the manual workload on hospital staff, and optimise treatment planning.<\/p>\n
Yola explained: \u201cSTAC\u2019s investment is a game-changer for Seluna. The accelerator\u2019s mentorship and access to industry experts have already helped us sharpen our business model and scale our technology. With this funding, we can conduct real-world validation studies with our NHS partners and accelerate towards formal clinical trials. STAC\u2019s investment will help bring our solution to market sooner, to improve paediatric diagnostics and reduce the strain on health services.\u201d<\/p>\n
Smplicare, co-founded by Alexandra Melling and Garrett Sprague, is developing fall prevention technology that helps older adults maintain independence while reducing the risk of falls \u2013 the leading cause of loss of independence in people over 65. The company\u2019s platform uses machine learning algorithms to predict fall risk with 85% accuracy.<\/p>\n
\u201cBeing selected as one of the first recipients of STAC\u2019s investment is a huge endorsement of our mission. STAC\u2019s ecosystem has given us invaluable guidance on everything from regulatory compliance to user experience. This investment will help us expand our platform and reach more families who need support,\u201d said Alexandra.<\/p>\n
All three funded companies are headquartered in thebeyond, STAC\u2019s industry hub in Finnieston, Glasgow, which is being developed as an International Centre of Excellence for smart, connected and deep tech companies.<\/p>\n
The launch of STAC\u2019s investment arm marks a significant milestone for Scotland\u2019s innovation landscape. With over 90 startups supported, 292 jobs created, and \u00a332 million invested in STAC-supported startups to date, the accelerator is now expanding its impact by providing direct, industry-led funding to ambitious founders. The new investment arm is designed to help Scottish startups scale globally, combining capital with mentorship, access to advanced labs, and a powerful network of industry partners which include Volvo, Sonos and RBS.<\/p>\n
Unlike traditional accelerators that focus on community building, short-term fundraising support and sector introductions, STAC\u2019s\u00a0 approach delivers an 18-month programme consisting of 116 business ingredients that build genuinely scalable companies capable of competing internationally.<\/p>\n
Recommended reading<\/strong><\/p>\n Angus Macfadyen, head of investment at STAC, commented: \u201cWe created the STAC investment arm to address the glaring need in Scotland\u2019s innovation landscape for industry-led, founder-centric capital that goes hand-in-hand with world-class support.<\/p>\n \u201cOur model is about more than money \u2013 it\u2019s about bringing together private investment, mentorship, and access to advanced labs and networks. We\u2019re proud to back these outstanding female founders and their business partners, who are not only building great companies but also using smart tech to tackle real-world pain points in health and social care.<\/p>\n \u201cThis is just the beginning of a new era for Scotland\u2019s smart tech sector.<\/p>\n \u201cThe investment in these three companies represents a significant step in our vision to establish thebeyond as an International Centre of Excellence in Finnieston, Glasgow, creating a super cluster of innovative smart technology companies that can compete globally.\u201d<\/p>\n