Monthly report · Scotland

The State of Scottish Tech, February 2025

£44.6m across 3 funding rounds on ayeoh's record in February 2025, with the investors, sectors and cities behind them and the stories readers read.

£44.6mraised in February 2025 across 3 rounds

£22.2min January 2025, across 2 rounds

£66.8min 2025 to the end of February 2025, across 5 rounds

Month by month

Disclosed funding each month, March 2024 to February 2025: 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, Dec £20.8m, Jan £22.2m, Feb £44.6m.

The biggest rounds

Pulpex raises £43.5m

20 Feb 2025 · Growth · Environment · Glasgow · HM Revenue and Customs · Pulpex on ayeoh

ESG360° wins £1m grant

11 Feb 2025 · Grant · Fintech · Glasgow · Scottish Financial News · ESG360° on ayeoh

SeaDyes wins £75k grant

24 Feb 2025 · Grant · Environment · Aberdeen · 8point9 · SeaDyes on ayeoh

Sectors by money

Environment£43.6m · 2 rounds

Fintech£1m · 1 round

Cities by money

Glasgow£44.5m · 2 rounds

Aberdeen£75k · 1 round

Investors named in the most rounds

Scottish Enterprise

2 rounds · £1.1m across those rounds, whole rounds, not its own share

National Wealth Fund

1 round · £43.5m across those rounds, whole rounds, not its own share

Scottish National Investment Bank

1 round · £43.5m across those rounds, whole rounds, not its own share

Every round of February 2025: the month's funding report · the tracker, filtered to February 2025 · Scottish tech funding by city and sector, to February 2025 · 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 February 2025 (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, February 2025, https://ayeoh.io/reports/2025-02.

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.