State of Scottish tech · to October 2026
Scottish tech funding by city and sector, to October 2026
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.
Download the league tables as CSV · every round, filterable · For journalists
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/2026-10#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/2026-10#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/2026-10#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/2026-10#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/2026-10#dundee, data to 29 Oct 2026.
Sector league table
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.
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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.
