TWO Scottish technology companies have been given a funding boost at the Scottish Edge awards.

Data software provider Platinum Informatics and event security firm Raven scooped £165,000 between them on Thursday night.

Platinum Informatics, a spin-out company from the University of Dundee, was awarded £100,000.

The Scottish Edge

Awards gave out almost £2 million in funding to winners, a sum boosted by additional funding of £1m from Scottish Enterprise.

The winning businesses came from 39 Scottish Edge finalists who pitched their business ideas to an expert panel of judges, chaired by Simon Hannah of Filshill and Kerry Sharp of the Scottish Investment Bank, live at The Royal Bank of Scotland Conference Centre over a two-day period to accommodate the increased number of finalists.

Platinum Informatics has

built upon software created for

the analysis of biological big data, generated in Professor

Lamond’s Laboratory for Quantitative Proteomics.

Professor Lamond said, “We are delighted to have won the Scottish Edge competition. This will greatly help us deliver our innovative, Smart Laboratory Notebook and shows the potential for research at the University of Dundee to deliver impact and create new jobs.”

Raven, whose technology has been used at the Ryder Cup and 2018 European Championships, scooped £65,000.

With the funding, Raven plans to grow and develop its team by hiring a further two software developers to work on its security software, as well as boost the headcount in its sales and marketing teams.

Ian Kerr of Raven, said: “The Scottish Edge competition has been a fantastic experience for Raven and it’s an honour to be recognised amongst such as strong field of finalists. With the funding that we’ve secured, we plan to add two developers to our new software team as well as a number of new faces to our sales and marketing operations.”

Evelyn McDonald, Scottish Edge CEO, said, “The past two-days have been the perfect end to an exceptional round for Scottish Edge. As an organization collaborating with others to make Scotland the best place for business, finding ourselves in the position to support so many inspiring entrepreneurs is an incredible outcome.”