Scottish tech's frontpage

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

Sources

Monthly report · Scotland

The State of Scottish Tech, October 2025

£75.8m across 3 funding rounds on ayeoh's record in October 2025, with the investors, sectors and cities behind them and the stories readers read.

£75.8mraised in October 2025 across 3 rounds

£3.6min September 2025, across 3 rounds

£277.3min 2025 to the end of October 2025, across 40 rounds

Month by month

Disclosed funding each month, November 2024 to October 2025: Nov £4.3m, Dec £20.8m, Jan £22.2m, Feb £44.6m, Mar £64.9m, Apr £12.1m, May £18.5m, Jun £26.7m, Jul £5.5m, Aug £3.6m, Sep £3.6m, Oct £75.8m.

The biggest rounds

DL Mining raises £67.5m

27 Oct 2025 · Growth · Crypto · Stirling · The Business · DL Mining on ayeoh

Launchpad raises USD $11m (£8.24m)

15 Oct 2025 · Series A · Software · Edinburgh · Scottish National Investment Bank · Launchpad on ayeoh

Profylr wins £50k grant

30 Oct 2025 · Grant · Fintech · Glasgow · DIGIT · Profylr on ayeoh

Sectors by money

Crypto£67.5m · 1 round

Software£8.2m · 1 round

Fintech£50k · 1 round

Cities by money

Stirling£67.5m · 1 round

Edinburgh£8.2m · 1 round

Glasgow£50k · 1 round

Investors named in the most rounds

Cox Exponential

1 round · £8.2m across those rounds, whole rounds, not its own share

Ericsson Ventures

1 round · £8.2m across those rounds, whole rounds, not its own share

Lavrock Ventures

1 round · £8.2m across those rounds, whole rounds, not its own share

Lockheed Martin Ventures

1 round · £8.2m across those rounds, whole rounds, not its own share

Scottish National Investment Bank

1 round · £8.2m across those rounds, whole rounds, not its own share

Every round of October 2025: the month's funding report · the tracker, filtered to October 2025 · Scottish tech funding by city and sector, to October 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 October 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, October 2025, https://ayeoh.io/reports/2025-10.

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.