State of Scottish tech · to July 2026
Scottish tech funding by city and sector, to July 2026
Scottish tech companies have announced 131 funding rounds on ayeoh's record since January 2024, £713.7m in all, of which £113.4m across 15 rounds is confirmed by the companies or funders themselves. The newest round was announced 31 Jul 2026.
Download the league tables as CSV · every round, filterable · For journalists
11 other places with fewer than three rounds each add £37.3m across 11 rounds. 13 rounds have no place stored and sit in no city.
One line per city, ready to quote
EdinburghNo. 1 of 5
£318.8m55 rounds · £91.3m confirmed first-hand across 7 rounds
Edinburgh tech companies drew £318.8m across 55 rounds (4 undisclosed) from January 2024 to July 2026, the most of any Scottish place. The largest was Trogenix's £70m Series A round in November 2025. Life sciences was its busiest sector, with 15 rounds.
Largest round: Trogenix · Every Edinburgh round
Edinburgh tech companies drew £318.8m across 55 rounds (4 undisclosed) from January 2024 to July 2026, the most of any Scottish place. The largest was Trogenix's £70m Series A round in November 2025. Life sciences was its busiest sector, with 15 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding/2026-07#edinburgh, data to 31 Jul 2026.
GlasgowNo. 2 of 5
£202.5m40 rounds · £6.5m confirmed first-hand across 4 rounds
Glasgow tech companies drew £202.5m across 40 rounds from January 2024 to July 2026, 28% of the Scottish total. The largest was BLK's £50m Growth round in March 2025. Life sciences was its busiest sector, with 9 rounds.
Largest round: BLK · Every Glasgow round
Glasgow tech companies drew £202.5m across 40 rounds from January 2024 to July 2026, 28% of the Scottish total. The largest was BLK's £50m Growth round in March 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/2026-07#glasgow, data to 31 Jul 2026.
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 July 2026, 12% 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 July 2026, 12% 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/2026-07#stirling, data to 31 Jul 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 July 2026, 2% 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 July 2026, 2% 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/2026-07#aberdeen, data to 31 Jul 2026.
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 July 2026, 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 July 2026, 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/2026-07#dundee, data to 31 Jul 2026.
By year
2024£213.6m · 49 rounds
2025£373m · 49 rounds
2026£127.2m · 33 rounds
One line per sector
Life sciences drew £195.1m across 33 rounds, 27% of the Scottish total; Edinburgh led with £118.4m.
AI drew £119m across 12 rounds, 17% of the Scottish total; Edinburgh led with £104.8m.
Software drew £78.4m across 16 rounds, 11% of the Scottish total; Glasgow led with £59.8m.
Energy drew £69.2m across 13 rounds, 10% of the Scottish total; Edinburgh led with £20.9m.
Environment drew £57.7m across 9 rounds, 8% of the Scottish total; Glasgow led with £43.5m.
Space drew £27.3m across 10 rounds, 4% of the Scottish total; Edinburgh led with £10.5m.
Telecoms drew £22m across 3 rounds, 3% of the Scottish total; Inverness led with £10m.
Fintech drew £16.9m across 4 rounds, 2% of the Scottish total; Edinburgh led with £15.9m.
Hardware drew £10.1m across 8 rounds, 1% of the Scottish total; Glasgow led with £7.5m.
Consumer drew £8.8m across 3 rounds, 1% of the Scottish total; Edinburgh led with £7.6m.
Quantum drew £8.6m across 5 rounds, 1% of the Scottish total; Glasgow led with £5m.
Cybersecurity drew £4.6m across 3 rounds, 1% of the Scottish total; Edinburgh led with £2.2m.
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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.
