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Home Industry News Medical Devices NCIMB Secures £1.7M Investment for Growth and Expansion
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NCIMB Secures £1.7M Investment for Growth and Expansion

30th April 2025

Aberdeen-based NCIMB Limited, a leader in microbiology services, has successfully raised £1.7 million from the Investment Fund for Scotland, managed by the Scottish National Investment Bank and Maven Capital Partners. This funding marks a significant step in NCIMB’s plans to enhance its core microbiology and strain licencing services, emphasising its key role in multiple industries including pharmaceuticals and biotechnology. 

NCIMB owns the UK’s largest industrial, food, and marine bacterial culture collection, providing microbial identification, testing, and storage. The company’s services are crucial for clients across pharmaceuticals, biotechnology, food & drink, energy, and environmental sectors. The recent funding will be dedicated to expanding NCIMB’s service offerings, enabling the selection and development of bacterial strains tailored for specific customer applications. Maven Capital Partners, having identified NCIMB at an IFS Roadshow in Aberdeen, sees this as a strategic investment, banking on NCIMB’s globally recognised expertise and capacity to meet the growing demand for Contract Research Organisations (CRO). 

NCIMB CEO Edward Green highlighted the transformational nature of the investment, aimed at scaling the business in Northeast Scotland and addressing global challenges like climate change and food security through innovative biotechnology solutions. With this financial backing, NCIMB is poised to significantly expand its commercial reach and licencing business, reinforcing its position as a leader in microbiology services. This development promises expanded capabilities and enhanced support for their global customer base.
 
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