HealthTech Scotland Primed for Success: 80% of Scotland's Top Ten Start-ups are HealthTech related
SEPTEMBER 16, 2023
Exec Summary: Investment into the Scottish healthtech market in 2022 reached a record high of £705 million, surpassing the previous record of £626 million set in 2021. This represents a year-on-year increase of 12%. The majority of investment was into early-stage companies, with seed and Series A funding rounds accounting for 52% of the total. However, there was also a significant increase in investment into later-stage companies, with Series B and C rounds accounting for 37% of the total.