State of Scottish tech · to September 2026
Scottish tech funding by city and sector, to September 2026
Scottish tech companies have announced 145 funding rounds on ayeoh's record since January 2024, £1.1bn in all, of which £477.8m across 22 rounds is confirmed by the companies or funders themselves. The newest round was announced 28 Sep 2026.
Download the league tables as CSV · every round, filterable · For journalists
14 other places with fewer than three rounds each add £47.3m across 15 rounds. 13 rounds have no place stored and sit in no city.
One line per city, ready to quote
GlasgowNo. 1 of 5
£561.5m44 rounds · £365.5m confirmed first-hand across 8 rounds
Glasgow tech companies drew £561.5m across 44 rounds from January 2024 to September 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 11 rounds.
Largest round: DataVita · Every Glasgow round
Glasgow tech companies drew £561.5m across 44 rounds from January 2024 to September 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 11 rounds. Source: ayeoh.io, Scottish tech funding by city and sector, https://ayeoh.io/reports/scottish-tech-funding/2026-09#glasgow, data to 28 Sep 2026.
EdinburghNo. 2 of 5
£326.7m60 rounds · £92.6m confirmed first-hand across 8 rounds
Edinburgh tech companies drew £326.7m across 60 rounds (4 undisclosed) from January 2024 to September 2026, 29% of the Scottish total. 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 £326.7m across 60 rounds (4 undisclosed) from January 2024 to September 2026, 29% of the Scottish total. 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/2026-09#edinburgh, data to 28 Sep 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 September 2026, 10% 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 September 2026, 10% 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/2026-09#stirling, data to 28 Sep 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 September 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 September 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/2026-09#aberdeen, data to 28 Sep 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 September 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 3 rounds from January 2024 to September 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/2026-09#dundee, data to 28 Sep 2026.
By year
2024£213.6m · 49 rounds
2025£373m · 49 rounds
2026£526.7m · 47 rounds
One line per sector
AI drew £425.9m across 15 rounds, 38% of the Scottish total; Glasgow led with £309.3m.
Life sciences drew £251.1m across 35 rounds, 23% of the Scottish total; Edinburgh led with £118.4m.
Software drew £78.4m across 16 rounds, 7% of the Scottish total; Glasgow led with £59.8m.
Energy drew £72m across 15 rounds, 6% of the Scottish total; Edinburgh led with £22.3m.
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.
Space drew £27.3m across 10 rounds, 2% of the Scottish total; Edinburgh led with £10.5m.
Telecoms drew £24.6m across 4 rounds, 2% 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.
Quantum drew £10.2m across 6 rounds, 1% of the Scottish total; Glasgow led with £5m.
Proptech drew £9.3m across 3 rounds, 1% of the Scottish total; Glasgow led with £5.3m.
Consumer drew £8.8m across 3 rounds, 1% of the Scottish total; Edinburgh led with £7.6m.
Cybersecurity drew £4.6m across 3 rounds, 0% 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.
