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Funding · 2024

Scottish software and IT funding 2024

Scottish software and IT funding in 2024: £29.8m across 13 rounds on ayeoh's record. 1 round has no disclosed amount and is counted, never added. The largest: Phlo raises £9m, April 2024. 19 investors and funders are named in them.

£29.8mdisclosed
13rounds
19investors and funders named

Every round, newest first

Workpro raises £500k

18 Dec 2024 · Growth · Edinburgh · Insider · Computer Application Services (Workpro) on ayeoh · the report

Keltic Pharma Therapeutics wins £350k grant

17 Dec 2024 · Grant · Glasgow · The Herald · the report

Corporate Modelling Services raises £750k

7 Oct 2024 · Growth · Glasgow · Scottish Financial News · Corporate Modelling Services on ayeoh · the report

Leap AI raises £7.9m

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

Halo Technologies gets £800k public support

29 Aug 2024 · Public support · Glasgow · FinTech Global · Halo Technologies on ayeoh · the report

HALO Invest gets £800k public support

29 Aug 2024 · Public support · Glasgow · The Herald · HALO Invest on ayeoh · the report

Recast raises $5 million (£3.89m)

9 Jul 2024 · Edinburgh · Scottish Business News · Recast on ayeoh · the report

BuildBuddy raises £1m

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

2i Testing raises an undisclosed sum

7 May 2024 · Growth · Edinburgh · Scottish Financial News · 2i Testing on ayeoh

Phlo raises £9m

17 Apr 2024 · Growth · Glasgow · Insider · Phlo on ayeoh · the report

Staffscanner wins £960k grant

18 Mar 2024 · Grant · Glasgow · Scottish Financial Review · Staffscanner on ayeoh · the report

Xergy raises £3.1m

19 Feb 2024 · Series A · Aberdeen · Aberdeenbusinessnews · Xergy on ayeoh · the report

Aurum Biosciences raises £730k

8 Feb 2024 · Seed · Glasgow · Bioscience Today · Aurum Biosciences on ayeoh · the report

These rounds add up to £29.8m disclosed, with 1 round undisclosed.

By place

Glasgow£13.4m · 7 rounds
Aberdeen£11m · 2 rounds
Edinburgh£5.4m · 4 rounds

Investors and funders named in their rounds

Cooley

1 round

Par Equity

1 round

private investors

1 round

Questions the record answers

How much did Scottish software and IT companies raise in 2024?
£29.8m across 13 rounds in 2024, summed from the disclosed amounts on ayeoh's record (1 round without an amount).
What was the largest Scottish software and IT funding round of 2024?
Phlo raises £9m (growth).
Which investors backed Scottish software and IT companies most in 2024?
Named most often: Scottish Enterprise (5 rounds), Airstream Ventures (1 round) and British Business Bank (1 round).
Where in Scotland did the money go in 2024?
Glasgow £13.4m (7 rounds), Aberdeen £11m (2 rounds) and Edinburgh £5.4m (4 rounds).

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