Monthly report · Scotland

The State of Scottish Tech, March 2026

£13m across 5 funding rounds on ayeoh's record in March 2026, with the investors, sectors and cities behind them and the stories readers read.

£13mraised in March 2026 across 5 rounds

£4.9min February 2026, across 7 rounds

£19min 2026 to the end of March 2026, across 15 rounds

Month by month

Disclosed funding each month, April 2025 to March 2026: Apr £12.1m, May £18.5m, Jun £26.7m, Jul £5.5m, Aug £3.6m, Sep £3.6m, Oct £75.8m, Nov £75.6m, Dec £20.2m, Jan £1.1m, Feb £4.9m, Mar £13m.

The biggest rounds

Earth Blox raises €6.9 million (£5.95m)

24 Mar 2026 · Software · Edinburgh · StartupMafia · Earth Blox on ayeoh

Entourage AI raises $5 million (£3.72m)

18 Mar 2026 · Pre-seed · AI · Glasgow · Scottish Business News · Entourage AI on ayeoh

TileBio raises £1.6m

2 Mar 2026 · Seed · AI · Glasgow · DIGIT · TileBio on ayeoh

BIOCAPTIVA raises £1.58m

9 Mar 2026 · Life sciences · Edinburgh · Tech.eu · BIOCAPTIVA on ayeoh

SeaDyes wins £200k grant

19 Mar 2026 · Grant · Environment · Invergowrie · James Hutton Institute · SeaDyes on ayeoh

Sectors by money

Software£5.9m · 1 round

AI£5.3m · 2 rounds

Life sciences£1.6m · 1 round

Environment£200k · 1 round

Cities by money

Edinburgh£7.5m · 2 rounds

Glasgow£5.3m · 2 rounds

Invergowrie£200k · 1 round

Investors named in the most rounds

Scottish Enterprise

4 rounds · £9.3m across those rounds, whole rounds, not its own share

Archangels

2 rounds · £7.5m across those rounds, whole rounds, not its own share

GU Holdings

2 rounds · £5.3m across those rounds, whole rounds, not its own share

European Space Agency

1 round · £5.9m across those rounds, whole rounds, not its own share

PXN Ventures

1 round · £5.9m across those rounds, whole rounds, not its own share

Every round of March 2026: the month's funding report · the tracker, filtered to March 2026 · Scottish tech funding by city and sector, to March 2026 · 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 March 2026 (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, March 2026, https://ayeoh.io/reports/2026-03.

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.