Monthly report · Scotland

The State of Scottish Tech, November 2024

£4.3m across 2 funding rounds on ayeoh's record in November 2024, with the investors, sectors and cities behind them and the stories readers read.

£4.3mraised in November 2024 across 2 rounds

£750kin October 2024, across 1 round

£192.8min 2024 to the end of November 2024, across 43 rounds

Month by month

Disclosed funding each month, January 2024 to November 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, Nov £4.3m.

The biggest rounds

Biotangents raises £2.3m

28 Nov 2024 · Growth · Life sciences · Penicuik · Insider · Biotangents on ayeoh

Launchpad Build wins £2m grant

25 Nov 2024 · Grant · Robotics · Edinburgh · Insider · Launchpad Build on ayeoh

Sectors by money

Life sciences£2.3m · 1 round

Robotics£2m · 1 round

Cities by money

Penicuik£2.3m · 1 round

Edinburgh£2m · 1 round

Investors named in the most rounds

Scottish Enterprise

2 rounds · £4.3m across those rounds, whole rounds, not its own share

British Business Investments

1 round · £2.3m across those rounds, whole rounds, not its own share

Eos Advisory

1 round · £2.3m across those rounds, whole rounds, not its own share

Kelvin Capital

1 round · £2.3m across those rounds, whole rounds, not its own share

Every round of November 2024: the month's funding report · the tracker, filtered to November 2024 · Scottish tech funding by city and sector, to November 2024 · For journalists

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 November 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, November 2024, https://ayeoh.io/reports/2024-11.

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.