Roslin Tech looks to broaden leadership alongside international expansion
Roslin Technologies, the UK’s leading specialist AgTech Venture builder, is expanding its executive team as it agrees further international partnerships and develops portfolio companies as routes to market for disruptive and high-value technologies from its core partners, the Roslin Institute and Dick Vet in Edinburgh, as well as from other specialist partners
In the new structure CEO Glen Illing will assume greater hands-on responsibility for developing these businesses, whilst retaining an active executive and board position in the Roslin Tech parent. This move allows Roslin Tech to embark on the search to fill an enhanced group CEO role, based in Scotland, which will focus on the overarching elements of our business model: ensuring an ongoing and expanding line of customer solutions through the combination of global expertise with the scientific and technological innovations developed in-house, by our global partners and by our local partners in the Roslin Institute and the Royal “Dick” Vet School,
The change comes amid Roslin Tech’s ambitious drive to expand, which includes a £50 million capital raising programme. The new investment will be deployed in part to allow accelerated entry into new and exciting areas of protein production through our diversified group of portfolio companies – a list to which we recently added innovative Singaporean insect feed group Protenga.
Glen currently represents Roslin Technologies on the board of Protenga Ltd and will now in addition assume the position of CEO in the aquaculture biotech start up, Enzootic, whose business is fully aligned with Roslin Tech’s growth strategy. Roslin Tech has recently begun a closer relationship with this second Singapore-based firm through their common priorities in shrimp breeding, research and investment programmes. As a leading global expert in the shrimp industry, Glen will help to develop close collaborative links between Roslin Technologies, Roslin Institute and Enzootic to build a unique pipeline of innovations in this sector.
Commenting on the news, Chair Prof. Andy Porter said:
“It’s an exciting time to be at Roslin Tech as we bring together our strategies around our ambitious capital raise, the development of our executive team and our investments in outside expertise and companies. Whether at home in Edinburgh or internationally, Roslin Tech is creating new and exciting ways to develop the science of sustainable protein production. We are delighted that Glen will continue to contribute to our new executive strategy and look forward to his renewed focus on developing our portfolio company relationships globally.”