A FEW hundred thousand pounds may sound like a drop in the ocean for a company looking to make it big in the fast-moving tech world, but as Amiqus founder Callum Murray said, his recent funding round was about a lot more than simply raising a bit of cash.

Indeed the business, which is tapping into a growth market that is expected to emerge around the UK Government’s crackdown on money laundering, has assembled a team of investors that can help it achieve its long-term objective of listing on AIM.

Two in particular stand out: former Standard Life chief executive Sandy Crombie and ex-Dickson Minto partner Kevan McDonald.

What better expertise to have access to when expanding a business than someone who orchestrated the demutualisation and listing of one of Scotland’s most successful businesses and someone who spent several decades as a partner at one of the country’s top corporate law firms?

If received wisdom is correct the vast majority of tech start-ups are destined to failure, with everything from lack of direction to lack of funding said to be to blame.

By surrounding himself with a team of investors that are willing to not only share their cash but their counsel too, Mr Murray looks to have insulated Amiqus from that fate.

He may well just have found the secret to Scotland’s next tech success story.