London - Kerchoonz.com, a music-focused social network that features DRM-free files and no advertising, announced that it has received a $490,000 investment from the Scottish Co-investment Fund.

Fife, Scotland - Inxstor, a developer of TV place-shifting technology that lets users access premium home channels from the Internet while on the go, has raised $1.2 million in new funding from Scottish venture firm Braveheart, and the Scottish Co-investment Fund, The Herald reported.