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Scottish oven maker secures £10 million in export-backed financing

KROV newsroom

13 Nov 2026, 10:18 am IST1 min read

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Illustrated outdoor oven with packing crates

Edinburgh cooking equipment company Ooni has secured £10 million in financing from HSBC UK with a guarantee from UK Export Finance, the government export credit agency said on 12 November. The facility gives the company working capital to support expansion in North America, Europe, Australia and New Zealand.

The announcement accompanied the agency’s first Scotland Business Forum in Edinburgh, which the agency said was intended to bring exporters, lenders and officials together to discuss access to export finance. The agency identified HSBC UK as the lender and itself as the guarantor.

UK Export Finance said Ooni had more than 230 employees worldwide, including 167 in the UK, and was recruiting for eight additional UK roles.

Cover image is an AI-generated editorial illustration.

Sources and credits

Credit: UK Export Finance. Contains public sector information licensed under the Open Government Licence v3.0. · Summarised/translated by KROV · Contains public sector information licensed under the Open Government Licence v3.0.

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