State of Scottish tech · to October 2025
Scottish tech funding by city and sector, to October 2025
Scottish tech companies have announced 89 funding rounds on ayeoh's record since January 2024, £490.9m in all, of which £17.5m across 6 rounds is confirmed by the companies or funders themselves. The newest round was announced 30 Oct 2025.
Download the league tables as CSV · every round, filterable · For journalists
8 other places with fewer than three rounds each add £25.1m across 8 rounds. 7 rounds have no place stored and sit in no city.
One line per city, ready to quote
GlasgowNo. 1 of 5
£187.5m26 rounds · £2m confirmed first-hand across 2 rounds
Glasgow tech companies drew £187.5m across 26 rounds from January 2024 to October 2025, the most of any Scottish place. The largest was BLK's £50m Growth round in March 2025. Life sciences was its busiest sector, with 8 rounds.
Largest round: BLK · Every Glasgow round
Glasgow tech companies drew £187.5m across 26 rounds from January 2024 to October 2025, the most of any Scottish place. The largest was BLK's £50m Growth round in March 2025. Life sciences was its busiest sector, with 8 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding/2025-10#glasgow, data to 30 Oct 2025.
EdinburghNo. 2 of 5
£128m36 rounds · £12.1m confirmed first-hand across 3 rounds
Edinburgh tech companies drew £128m across 36 rounds (4 undisclosed) from January 2024 to October 2025, 26% of the Scottish total. The largest was Wordsmith's $25 million (£18.45m) Series A round in June 2025. Life sciences was its busiest sector, with 9 rounds.
Largest round: Wordsmith · Every Edinburgh round
Edinburgh tech companies drew £128m across 36 rounds (4 undisclosed) from January 2024 to October 2025, 26% of the Scottish total. The largest was Wordsmith's $25 million (£18.45m) Series A round in June 2025. Life sciences was its busiest sector, with 9 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding/2025-10#edinburgh, data to 30 Oct 2025.
StirlingNo. 3 of 5
£84m4 rounds · £3.4m confirmed first-hand across 1 round
Stirling tech companies drew £84m across 4 rounds from January 2024 to October 2025, 17% 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 £84m across 4 rounds from January 2024 to October 2025, 17% 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/2025-10#stirling, data to 30 Oct 2025.
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 2025, 3% 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 2025, 3% 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/2025-10#aberdeen, data to 30 Oct 2025.
DundeeNo. 5 of 5
£11.7m3 rounds · £0 confirmed first-hand across 0 rounds
Dundee tech companies drew £11.7m across 3 rounds from January 2024 to October 2025, 2% 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 3 rounds from January 2024 to October 2025, 2% 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/2025-10#dundee, data to 30 Oct 2025.
By year
2024£213.6m · 49 rounds
2025£277.3m · 40 rounds
One line per sector
Life sciences drew £105.7m across 24 rounds, 22% of the Scottish total; Glasgow led with £52.8m.
Software drew £68.7m across 13 rounds, 14% of the Scottish total; Glasgow led with £56.1m.
AI drew £62.2m across 9 rounds, 13% of the Scottish total; Edinburgh led with £53.3m.
Energy drew £51.8m across 9 rounds, 11% of the Scottish total; Glasgow led with £19m.
Environment drew £45.8m across 4 rounds, 9% of the Scottish total; Glasgow led with £43.5m.
Space drew £20.9m across 5 rounds, 4% of the Scottish total; Edinburgh led with £4.2m.
Hardware drew £8.8m across 4 rounds, 2% of the Scottish total; Glasgow led with £6.2m.
Quantum drew £6.1m across 4 rounds, 1% of the Scottish total; Dalgety Bay led with £2.6m.
Fintech drew £4.9m across 3 rounds, 1% of the Scottish total; Edinburgh led with £3.9m.
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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.
