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Report · Scotland

Scottish tech funding by city and sector

Scottish tech companies have announced 163 funding rounds on ayeoh's record since January 2024, £1.2bn in all, of which £494m across 29 rounds is confirmed by the companies or funders themselves. The newest round was announced 29 Oct 2026.

£1.2bnreported across 163 rounds, 8 with no disclosed amount
£494mof it confirmed by the companies or funders themselves, across 29 rounds
Glasgowraised most: £566.9m across 52 rounds, 47% of the total

City league table

1. Glasgow£566.9m · 52 rounds
2. Edinburgh£339.5m · 65 rounds
3. Stirling£106.7m · 5 rounds
4. Aberdeen£13.3m · 5 rounds
5. Dundee£11.7m · 4 rounds

16 other places with fewer than three rounds each add £109.8m across 17 rounds. 15 rounds have no place stored and sit in no city.

One line per city, ready to quote

GlasgowNo. 1 of 5

£566.9m52 rounds · £370.6m confirmed first-hand across 11 rounds

Glasgow tech companies drew £566.9m across 52 rounds from January 2024 to October 2026, the most of any Scottish place. The largest was DataVita's £300m Debt round in August 2026. Life sciences was its busiest sector, with 12 rounds.

Largest round: DataVita · Every Glasgow round

Glasgow tech companies drew £566.9m across 52 rounds from January 2024 to October 2026, the most of any Scottish place. The largest was DataVita's £300m Debt round in August 2026. Life sciences was its busiest sector, with 12 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding#glasgow, data to 29 Oct 2026.

EdinburghNo. 2 of 5

£339.5m65 rounds · £101.2m confirmed first-hand across 11 rounds

Edinburgh tech companies drew £339.5m across 65 rounds (4 undisclosed) from January 2024 to October 2026, 28% of the Scottish total. The largest was Trogenix's £70m Series A round in November 2025. Life sciences was its busiest sector, with 16 rounds.

Largest round: Trogenix · Every Edinburgh round

Edinburgh tech companies drew £339.5m across 65 rounds (4 undisclosed) from January 2024 to October 2026, 28% of the Scottish total. The largest was Trogenix's £70m Series A round in November 2025. Life sciences was its busiest sector, with 16 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding#edinburgh, data to 29 Oct 2026.

StirlingNo. 3 of 5

£106.7m5 rounds · £3.4m confirmed first-hand across 1 round

Stirling tech companies drew £106.7m across 5 rounds from January 2024 to October 2026, 9% of the Scottish total. The largest was DL Mining's £67.5m Growth round in October 2025. Life sciences was its busiest sector, with 3 rounds.

Largest round: DL Mining · Every Stirling round

Stirling tech companies drew £106.7m across 5 rounds from January 2024 to October 2026, 9% of the Scottish total. The largest was DL Mining's £67.5m Growth round in October 2025. Life sciences was its busiest sector, with 3 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding#stirling, data to 29 Oct 2026.

AberdeenNo. 4 of 5

£13.3m5 rounds · £0 confirmed first-hand across 0 rounds

Aberdeen tech companies drew £13.3m across 5 rounds from January 2024 to October 2026, 1% of the Scottish total. The largest was Leap Automation (Leap AI)'s £7.9m Growth round in September 2024. AI was its busiest sector, with 1 round.

Largest round: Leap Automation (Leap AI) · Every Aberdeen round

Aberdeen tech companies drew £13.3m across 5 rounds from January 2024 to October 2026, 1% of the Scottish total. The largest was Leap Automation (Leap AI)'s £7.9m Growth round in September 2024. AI was its busiest sector, with 1 round. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding#aberdeen, data to 29 Oct 2026.

DundeeNo. 5 of 5

£11.7m4 rounds · £0 confirmed first-hand across 0 rounds

Dundee tech companies drew £11.7m across 4 rounds (1 undisclosed) from January 2024 to October 2026, 1% of the Scottish total. The largest was Ace Aquatec's £10m Growth round in May 2025. Energy was its busiest sector, with 2 rounds.

Largest round: Ace Aquatec · Every Dundee round

Dundee tech companies drew £11.7m across 4 rounds (1 undisclosed) from January 2024 to October 2026, 1% of the Scottish total. The largest was Ace Aquatec's £10m Growth round in May 2025. Energy was its busiest sector, with 2 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding#dundee, data to 29 Oct 2026.

Sector league table

AI£426.1m · 19 rounds
Life sciences£258.5m · 37 rounds
Space£87.3m · 11 rounds
Software£78.4m · 16 rounds
Energy£72.9m · 17 rounds
Environment£58.7m · 11 rounds
Hardware£34.7m · 10 rounds
Telecoms£24.6m · 4 rounds
Agritech£17m · 3 rounds
Fintech£16.9m · 4 rounds
Quantum£11.8m · 7 rounds
Robotics£9.9m · 4 rounds
Consumer£9.4m · 5 rounds
Proptech£9.3m · 3 rounds
Cybersecurity£4.6m · 3 rounds
Other sectors£917k · 3 rounds

By year

2024£213.6m · 49 rounds
2025£373m · 49 rounds
2026£607.9m · 65 rounds

One line per sector

AI drew £426.1m across 19 rounds, 36% of the Scottish total; Glasgow led with £309.5m.

Life sciences drew £258.5m across 37 rounds, 22% of the Scottish total; Edinburgh led with £125.6m.

Space drew £87.3m across 11 rounds, 7% of the Scottish total; Unst led with £60m.

Software drew £78.4m across 16 rounds, 7% of the Scottish total; Glasgow led with £59.8m.

Energy drew £72.9m across 17 rounds, 6% of the Scottish total; Edinburgh led with £23m.

Environment drew £58.7m across 11 rounds, 5% of the Scottish total; Glasgow led with £43.5m.

Hardware drew £34.7m across 10 rounds, 3% of the Scottish total; Stirling led with £22.7m.

Telecoms drew £24.6m across 4 rounds, 2% of the Scottish total; Inverness led with £10m.

Agritech drew £17m across 3 rounds, 1% of the Scottish total; Dundee led with £10m.

Fintech drew £16.9m across 4 rounds, 1% of the Scottish total; Edinburgh led with £15.9m.

Quantum drew £11.8m across 7 rounds, 1% of the Scottish total; Glasgow led with £6.7m.

Robotics drew £9.9m across 4 rounds, 1% of the Scottish total; Edinburgh led with £6.5m.

Consumer drew £9.4m across 5 rounds, 1% of the Scottish total; Edinburgh led with £8.2m.

Proptech drew £9.3m across 3 rounds, 1% of the Scottish total; Glasgow led with £5.3m.

Cybersecurity drew £4.6m across 3 rounds, 0% of the Scottish total; Edinburgh led with £2.2m.

Other sectors drew £917k across 3 rounds, 0% of the Scottish total; Edinburgh led with £550k.

Cite this

Cite the report. One tap selects the line:

Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding, data to 29 Oct 2026.

Stable address. https://ayeoh.io/reports/scottish-tech-funding; each city has its own anchor, for example #glasgow.

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.

Month by month: the report as it stood at each month's end

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How it is counted. Every figure is a sum of the funding rounds ayeoh has recorded from published reports and public registers, dated by announcement. “Reported” adds every listed round's stored pounds; “confirmed” adds only rounds with a Scottish place stored and a first-hand source (the company's, investor's or funder's own page), the rule the tracker and the front page follow. A round with no disclosed amount is counted and not added. A city is the region a round counts under; a place with fewer than three rounds is summed under “other places”. The sentences are templates filled from these rows; no model wrote them. The record holds the rounds that were reported, so a city's total can rise when an earlier round is found.