New tech start-up secures £425,000 grant from Scottish Enterprise

Nigel Filer, Xergy chief operating officer

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ABERDEEN-based tech firm Xergy, has secured £425,000 for its Proteus platform from Scottish Enterprise.

The funding will enable Xergy to further invest in the development of its revolutionary digital platform, Proteus, a cloud-based work management system that allows companies to find the right people for projects as and when they are needed.

Xergy has already invested £3million in developing Proteus, founded by James McCallum and Colin Manson, but the Scottish Enterprise funding will be used to add further innovations to the platform, creating new roles for software developers in Scotland.

Nigel Filer, Xergy chief operating officer, said: “Coming hot on the heels of funding from the Scottish Enterprise Early Stage Growth Challenge Fund, this latest funding underlines their investment in our success and their confidence in Proteus to help digitally transform companies in Scotland.”

The funding will fast-track Proteus’ route to market, further customising its platform that promotes collaborative team-working, the optimisation of data and simplified workflows.

Kerry Sharp, Scottish Enterprise interim managing director of Scottish Economic Development, said: “With experts predicting that digital transformation will result in significant business efficiency improvements, it’s important to support businesses leading the way in accelerating this transition.

“Proteus will help organisations remain competitive in the evolving business landscape.

“Proteus has the potential to transform the way in which companies operate. By enabling rated freelancers to work anytime from anywhere, it also has the ability to create opportunities for Scottish skills globally.”




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