Scottish energy sector report
Scotland's offshore wind, oil and gas heritage and hydrogen plans make energy technology a natural strength, with Aberdeen's engineers moving into renewables and software and data firms serving the grid.
Key findings
- 26 Scottish-registered companies on record in energy, led by Edinburgh (6), Glasgow (5) and Aberdeen (2).
- Of the 3 companies with accounts at Companies House, Smarter Grid Solutions has the most staff (115).
- 21 funding rounds on record, £73m disclosed; the 11 rounds in the last twelve months brought in £20.7m.
- The largest disclosed round is XLCC raises £20m (15 Jan 2025).
- The most recent: Pure Water International raises £200k.
Funding by month
Disclosed rounds, last twelve months; bar height is on a square-root scale so small rounds stay visible · Scottish energy funding this month
Top companies
| Company | Raised |
|---|---|
| XLCC | £20m |
| Sulmara | £15m |
| FOR EV | £10m |
| Exergy3 | £9.8m |
| Orbital Marine Power | £7m |
| Innovatium | £3m |
| Moblyze | £1.5m |
| SolarSub | £1.3m |
| Clyde Hydrogen | £1m |
| Mocean Energy | £698k |
| ZOEX | £531k |
| Heero Technologies | £230k |
Also on record, no figures yet: Sunamp, Aberdeen Renewable Energy Group, Acorn carbon capture project, Celtic Renewables, Clyde Hydrogen Systems, Ampeak Energy, Aurora Energy Services, Proserv, Aquatera, Forum Energy Technologies, Elite Battery Systems, Ocean Kinetics.
24 of 26 Scottish energy companies, ranked by money raised on record.
Where they are
People in the news
In the news
Free sample: the 24 companies above, with their rounds, roles and filed accounts. The full dataset is available: ask us.Download sample CSV
Cite this: ayeoh, “Scottish energy sector report”, data to 31 Oct 2026, https://ayeoh.io/sectors/energy. Free to quote with a link.
Sources: Companies House filings, funding announcements and company boards read by ayeoh, and the Scottish tech press. Money is the disclosed amount only; a round with no stated figure counts as a round, not as money. Data to 31 Oct 2026.
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