How much did Scottish AI companies raise in 2024?

£29.8m across 5 rounds in 2024, summed from the disclosed amounts on ayeoh's record.

Which investors backed Scottish AI companies most in 2024?

Named most often: Creator Fund (1 round), Felix (1 round) and General Catalyst (1 round).

Where in Scotland did the money go in 2024?

Edinburgh £21.9m (4 rounds) and Aberdeen £7.9m (1 round).

Funding · 2024

Scottish AI funding 2024

Scottish AI funding in 2024: £29.8m across 5 rounds on ayeoh's record. The largest: Aveni raises £11m, July 2024. 14 investors and funders are named in them.

£29.8mdisclosed

5rounds

14investors and funders named

Every round, newest first

Leap AI raises £7.9m

24 Sep 2024 · Growth · Aberdeen · Aberdeenbusinessnews · Leap Automation (Leap AI) on ayeoh · the report

Aveni raises £11m

29 Jul 2024 · Series A · Edinburgh · Scottish Business News · Aveni on ayeoh · the report

Wordsmith raises $5M (£3.89m)

3 Jul 2024 · Seed · Edinburgh · LegalTechTalk · Wordsmith on ayeoh · the report

BuildBuddy raises £1m

14 Jun 2024 · Seed · Edinburgh · Scottish Construction Now · BuildBuddy on ayeoh · the report

Malted AI raises £6m

16 May 2024 · Seed · Edinburgh · DIGIT · Malted AI on ayeoh · the report

These rounds add up to £29.8m disclosed.

By place

Edinburgh£21.9m · 4 rounds

Aberdeen£7.9m · 1 round

Investors and funders named in their rounds

1 round

1 round

1 round

1 round

1 round

1 round

1 round

1 round

1 round

1 round

1 round

Scottish National Investment Bank

1 round

WA Capital

1 round

Yellow

1 round

Questions the record answers

How much did Scottish AI companies raise in 2024?: £29.8m across 5 rounds in 2024, summed from the disclosed amounts on ayeoh's record.
What was the largest Scottish AI funding round of 2024?: Aveni raises £11m (series a).
Which investors backed Scottish AI companies most in 2024?: Named most often: Creator Fund (1 round), Felix (1 round) and General Catalyst (1 round).
Where in Scotland did the money go in 2024?: Edinburgh £21.9m (4 rounds) and Aberdeen £7.9m (1 round).

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