Writing for a national newspaper op-ed last week, Mark Logan said Scotland’s tech start-up sector is perhaps in its “most vibrant state in living memory”.
He argued that there's “a greater buzz, confidence and ambition” than he's seen before and “outside the country, others are looking at Scotland anew”.
The numbers back Logan up. Scotland’s tech ecosystem has entered a new phase of momentum and maturity.
This year began at record pace, with KPMG reporting that more than £100m was invested in Scottish start-ups in the first quarter alone. Data from Beauhurst reinforced this surge, showing that the total value of investment into Scottish companies rose by 108% in the first quarter, compared with the previous quarter.
Between January and early May, Beauhurst also recorded over £210m rais