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“SaxaVord Spaceport’s £60m has given Scottish space more in October alone than in all of 2025, on our record.”

The lion rampant
Monthly report · Scotland

The State of Scottish Tech, October 2024

£750k across 1 funding round on ayeoh's record in October 2024, with the investors, sectors and cities behind them and the stories readers read.

£750kraised in October 2024 across 1 round
£23.6min September 2024, across 6 rounds
£188.5min 2024 to the end of October 2024, across 41 rounds

Month by month

Disclosed funding each month, January 2024 to October 2024: Jan £9m, Feb £10m, Mar £9.4m, Apr £53.7m, May £9.4m, Jun £24.2m, Jul £25m, Aug £23.5m, Sep £23.6m, Oct £750k.

The biggest rounds

Corporate Modelling Services raises £750k

7 Oct 2024 · Growth · Software · Glasgow · Scottish Financial News · Corporate Modelling Services on ayeoh

Sectors by money

Software£750k · 1 round

Cities by money

Glasgow£750k · 1 round

Investors named in the most rounds

British Business Bank

1 round · £750k across those rounds, whole rounds, not its own share

Investment Fund for Scotland

1 round · £750k across those rounds, whole rounds, not its own share

Maven Capital Partners

1 round · £750k across those rounds, whole rounds, not its own share

Today's Scottish tech news on the front page

How this is made. Every figure is computed from ayeoh's record: the funding rounds and grants announced in October 2024 (UK time), summed on their stored pounds, a round with no disclosed amount counted and not added; investors by the rounds they are named in, the money the whole rounds'; hiring, closures and acquisitions as the record holds them, each linked to its source; and the stories by clicks through from ayeoh to the outlet, a count with nothing about the reader.

Cite as. ayeoh, The State of Scottish Tech, October 2024, https://ayeoh.io/reports/2024-10.

Licence. The funding data and figures are licensed under Creative Commons Attribution 4.0 International: reuse them freely, commercially too, crediting "ayeoh.io" with a link to https://ayeoh.io. CC BY 4.0.