30 Best Edinburgh Startups to Watch in 2024

30 Best Edinburgh Startups to Watch in 2024

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Nestled amid the historic charm of cobblestone streets and the majestic silhouette of Edinburgh Castle, Scotland’s capital city is quietly emerging as a hotbed of innovation and entrepreneurial spirit. In recent years, Edinburgh has witnessed the rise of a vibrant startup ecosystem, where bold ideas and cutting-edge technologies converge to shape the future. As we step into 2024, the city continues to be a crucible of creativity, birthing groundbreaking ventures that have the potential to disrupt industries and redefine the status quo.

Join us on an exciting journey as we explore the dynamic landscape of Edinburgh’s startup scene and unveil the most promising ventures that are capturing the imagination of investors, tech enthusiasts, and the global business community. From fintech pioneers to healthcare innovators, these startups are not just transforming the local business landscape but are making waves on the international stage. Let’s dive into the pulsating energy of Edinburgh’s entrepreneurial heartbeat and discover the best startups that are poised to leave an indelible mark on the world.

1) Skyscanner:

Skyscanner Overview:
Skyscanner, a pioneer in the online travel sector, stands as a testament to Edinburgh’s entrepreneurial prowess. Functioning as a travel meta-search engine, the platform seamlessly aggregates and compares flight, hotel, and car rental options, offering users a comprehensive view of their travel choices.

Key Details:

Number of Employees: 1001-5000
Funding: $197,207,790
Website: Skyscanner
In a bustling world of travel possibilities, Skyscanner’s commitment to simplifying the travel planning process has garnered significant attention and funding, making it a notable player in the global travel tech arena.

2) pureLiFi:

pureLiFi Overview:
In the realm of communication technology, pureLiFi shines as a beacon of innovation. This Edinburgh-based startup specializes in creating communication networks that ingeniously merge data transmission with lighting utility infrastructures, utilizing the vast potential of the light spectrum.

Key Details:

Number of Employees: 51-100
Funding: $43,936,746
Website: pureLiFi
As we step into an era of interconnected devices, pureLiFi’s groundbreaking approach to wireless communication offers a glimpse into the future, where data transfer seamlessly integrates with our everyday surroundings.

3) Money Dashboard:

Money Dashboard Overview:
Navigating personal finances takes on a modern twist with Money Dashboard. This Edinburgh startup offers a user-friendly online personal financial management solution, providing individuals with easy access to their financial accounts and empowering them to take control of their economic well-being.

Key Details:

Number of Employees: 11-50
Funding: $15,578,960
Website: Money Dashboard
Money Dashboard’s commitment to financial transparency and accessibility positions it as a key player in the fintech revolution, offering users a streamlined approach to managing their financial health.

4) Sigma Capital Group:

Sigma Capital Group Overview:
At the intersection of real estate and community development, Sigma Capital Group stands out. This startup focuses on creating vibrant communities by providing new, high-quality, and strategically located family homes for rent, contributing to the evolution of urban living.

Key Details:

Number of Employees: 501-1000
Funding: $254,611,977
Website: Sigma Capital Group
Sigma Capital Group’s commitment to enhancing living experiences through thoughtful property development showcases Edinburgh’s role in redefining the landscape of urban housing solutions.

5) FreeAgent:

FreeAgent Overview:
In the digital realm of financial management, FreeAgent emerges as a game-changer for small enterprises and freelancers. This Edinburgh startup provides online accounting and money management software, empowering businesses to streamline their financial processes.

Key Details:

Number of Employees: 101-250
Funding: $10,748,372
Website: FreeAgent
FreeAgent’s commitment to simplifying accounting tasks for small businesses exemplifies the city’s dedication to nurturing startups that cater to diverse entrepreneurial needs.30 Best Edinburgh Startups to Watch in 2024

6) DeltaDNA:

DeltaDNA Overview:
In the dynamic realm of gaming, DeltaDNA takes center stage, offering real-time player relationship management systems. This Edinburgh startup specializes in deep-dive data analysis, providing game developers with invaluable insights into player behavior to enhance gaming experiences.

Key Details:

Number of Employees: 11-50
Funding: $4,300,000
Website: DeltaDNA
As the gaming industry continues to evolve, DeltaDNA’s commitment to data-driven strategies positions it as a key player in shaping the future of interactive entertainment.

7) The ID Co.:

The ID Co. Overview:
In the era of digital transformation, The ID Co. stands out by leveraging Open Bank data to assist businesses in onboarding consumers seamlessly. This Edinburgh startup addresses critical business issues, such as credit risk and affordability, by harnessing the power of financial data.

Key Details:

Number of Employees: 11-50
Funding: $11,146,630
Website: The ID Co.
The ID Co.’s innovative use of financial data showcases Edinburgh’s role in driving fintech solutions that redefine traditional business processes.

8) NCTech:

NCTech Overview:
At the forefront of big data and analytics, NCTech specializes in edge-to-cloud data gathering and provisioning with ML/AI. This Edinburgh-based company serves giants like Google, government entities, and the Architecture, Engineering, and Construction (AEC) industry.

Key Details:

Number of Employees: 51-100
Funding: $13,601,654
Website: NCTech
NCTech’s role in pushing the boundaries of big data solutions exemplifies Edinburgh’s contribution to technological advancements on a global scale.

9) Float:

Float Overview:
For small businesses navigating the intricacies of cash flow, Float provides a lifeline. This Edinburgh startup offers a Software as a Service (SaaS) solution, allowing small enterprises to estimate short and long-term cash flow in real time.

Key Details:

Number of Employees: 11-50
Funding: $3,403,216
Website: Float
Float’s commitment to empowering small firms with financial intelligence aligns with Edinburgh’s focus on fostering startups that cater to the diverse needs of the business community.

10) Mallzee:

Mallzee Overview:
In the ever-evolving landscape of retail, Mallzee provides a comprehensive B2C and B2B data package for clothing shops. This Edinburgh startup aims to increase margins and enhance purchasing decisions through data-driven insights.

Key Details:

Number of Employees: 11-50
Funding: $7,957,661
Website: Mallzee
Mallzee’s innovative approach to data analytics in the retail sector reflects Edinburgh’s role as a hub for startups driving positive disruption in traditional industries.

11) GeckoLabs:

GeckoLabs Overview:
In the realm of higher education, GeckoLabs stands as a facilitator of student engagement. This Edinburgh-based startup develops tools specifically designed for higher education institutions, empowering them to better connect with their students through innovative solutions.

Key Details:

Number of Employees: 11-50
Funding: $3,996,101
Website: GeckoLabs
GeckoLabs’ commitment to enhancing the educational experience exemplifies Edinburgh’s role in supporting startups that contribute to the evolution of the academic landscape.

12) Calcivis:

Calcivis Overview:
In the field of biotechnology, Calcivis focuses on addressing unmet dental needs. This Edinburgh startup, with a workforce of over 43,000, specializes in pioneering solutions that contribute to advancements in oral health.

Key Details:

Number of Employees: 43,840
Funding: $22,313,887
Website: Calcivis
Calcivis’ commitment to biotech innovation showcases Edinburgh’s role in supporting startups that aim to make a significant impact on healthcare and well-being.

13) Blackford Analysis:

Blackford Analysis Overview:
Blackford Analysis plays a pivotal role in various industries, including medical, oil & gas, and defense. This Edinburgh-based startup develops cutting-edge software solutions that cater to the unique needs of these sectors around the world.

Key Details:

Number of Employees: 11-50
Funding: $6,204,404
Website: Blackford Analysis
Blackford Analysis’ dedication to precision and efficiency reflects Edinburgh’s status as a hub for startups addressing complex challenges in diverse global industries.

14) Pyreos:

Pyreos Overview:
Pyreos specializes in the creation and sale of a specialized infrared sensor platform. This Edinburgh-based startup, with a workforce of 11-50, offers innovative sensor solutions with applications spanning various industries.

Key Details:

Number of Employees: 11-50
Funding: $38,644,464
Website: Pyreos
Pyreos’ contribution to the development of advanced sensor technology showcases Edinburgh’s role in fostering startups at the forefront of technological innovation.

15) Appointedd:

Appointedd Overview:
In the world of scheduling and booking, Appointedd takes the lead with its web-based solution. This Edinburgh startup, with a workforce of 11-50, simplifies appointment management, catering to diverse industries.

Key Details:

Number of Employees: 11-50
Funding: $1,922,926
Website: Appointedd
Appointedd’s commitment to streamlining business processes aligns with Edinburgh’s focus on startups that leverage technology to enhance operational efficiency.

16) CogBooks:

CogBooks Overview:
CogBooks stands as a catalyst for educational transformation with its web-based adaptive learning tool. This Edinburgh startup, with a workforce of 51-100, offers a platform that adapts to individual learning needs.

Key Details:

Number of Employees: 51-100
Funding: $6,108,856
Website: CogBooks
CogBooks’ commitment to personalized learning experiences reflects Edinburgh’s support for startups that contribute to the evolution of educational technology.

17) Prodsight:

Prodsight Overview:
Prodsight ventures into the realm of customer feedback analysis with its AI-powered software. This Edinburgh startup, with a compact team of 1-10, provides businesses with invaluable insights derived from customer sentiments.

Key Details:

Number of Employees: 1-10
Funding: $771,646
Website: Prodsight
Prodsight’s use of artificial intelligence in deciphering customer feedback aligns with Edinburgh’s commitment to fostering startups at the intersection of technology and customer experience.

18) Mara Seaweed:

Mara Seaweed Overview:
Mara Seaweed, a Scottish company based in Edinburgh, takes pride in offering a variety of natural seasonal seaweeds sourced from the shores of Scotland and Ireland.

Key Details:

Number of Employees: 11-50
Funding: $788,162
Website: Mara Seaweed
Mara Seaweed’s commitment to sustainable and natural products reflects Edinburgh’s support for startups contributing to environmental consciousness and unique culinary experiences.

19) Dukosi:

Dukosi Overview:
Dukosi stands at the forefront of battery technology innovation. This Edinburgh startup, with a workforce of 11-50, is dedicated to the development of cutting-edge solutions that redefine energy storage.

Key Details:

Number of Employees: 11-50
Funding: $4,077,405
Website: Dukosi
Dukosi’s commitment to advancing battery technology showcases Edinburgh’s role in supporting startups that contribute to sustainable and efficient energy solutions.

20) Sumdog:

Sumdog Overview:
Sumdog introduces a dynamic online portal for K-12 students, where teachers and parents can track progress and design entertaining learning activities. This Edinburgh startup, with a workforce of 11-50, aims to make education engaging and effective.

Key Details:

Number of Employees: 11-50
Funding: $1,805,692
Website: Sumdog
Sumdog’s dedication to making learning enjoyable aligns with Edinburgh’s commitment to startups that contribute to the evolution of educational platforms for young learners.

21) Synpromics:

Synpromics Overview:
At the intersection of biotechnology and genetics, Synpromics stands as a trailblazer. This Edinburgh-based startup specializes in the creation and sale of synthetic promoters—a revolutionary technology designed to regulate and control gene expression with precision.

Key Details:

Number of Employees: 1-10
Funding: $12,489,820
Website: Synpromics
Synpromics’ innovative approach to gene expression control positions it as a key player in the rapidly advancing field of synthetic biology, exemplifying Edinburgh’s role in pushing the boundaries of genetic research.

22) Ecometrica:

Ecometrica Overview:
Ecometrica takes a leading role in environmental intelligence with its fully integrated Software-as-a-Service (SaaS) solution. This Edinburgh startup assists businesses and governments in identifying environmental risks and opportunities, contributing to a sustainable future.

Key Details:

Number of Employees: 11-50
Funding: $5,746,430
Website: Ecometrica
Ecometrica’s commitment to environmental stewardship aligns with Edinburgh’s focus on startups that harness technology to address global challenges related to climate change and sustainability.

23) Shot Scope:

Shot Scope Overview:
In the world of golf, Shot Scope introduces a paradigm shift with its patent-pending technology. This Edinburgh startup, with a compact team of 1-10, provides golf enthusiasts with unprecedented insights into their game, enhancing the overall golfing experience.

Key Details:

Number of Employees: 1-10
Funding: $6,374,911
Website: Shot Scope
Shot Scope’s dedication to enhancing sports analytics reflects Edinburgh’s support for startups that leverage technology to transform traditional recreational activities.

24) Wood Mackenzie:

Wood Mackenzie Overview:
As a global leader in commercial intelligence, Wood Mackenzie plays a pivotal role in the energy, chemicals, metals, and mining sectors. This Edinburgh-based startup, with a workforce of 501-1000, provides indispensable insights that drive decision-making across various industries.

Key Details:

Number of Employees: 501-1000
Website: Wood Mackenzie
Wood Mackenzie’s status as a go-to source for critical industry intelligence reflects Edinburgh’s support for startups contributing to the global knowledge economy.

25) Beer52:

Beer52 Overview:
Beer52 emerges as the go-to craft beer club in the United Kingdom, redefining the beer-tasting experience. This Edinburgh startup, with a team of 11-50, curates and delivers unique craft beers to its members.

Key Details:

Number of Employees: 11-50
Funding: $1,234,999
Website: Beer52
Beer52’s dedication to celebrating craft beer culture aligns with Edinburgh’s support for startups that bring innovative experiences to enthusiasts in traditional industries.

26) EnteroBiotix:

EnteroBiotix Overview:
In the realm of healthcare, EnteroBiotix stands out by utilizing bacterial populations directly from the human gastrointestinal tract. This Edinburgh startup, with a workforce of 43,840, pioneers solutions for disease prevention and treatment.

Key Details:

Number of Employees: 43,840
Funding: $3,159,771
Website: EnteroBiotix
EnteroBiotix’s commitment to harnessing the potential of gut bacteria showcases Edinburgh’s role in supporting startups at the forefront of medical innovation.

27) Innis & Gunn:

Innis & Gunn Overview:
In the world of brewing, Innis & Gunn claims the title of Scotland’s most awarded and well-liked independent brewer. This Edinburgh startup, with a team of 11-50, crafts premium and innovative beers that have garnered widespread acclaim.

Key Details:

Number of Employees: 11-50
Funding: $27,720,140
Website: Innis & Gunn
Innis & Gunn’s commitment to brewing excellence reflects Edinburgh’s support for startups that contribute to Scotland’s rich tradition of craft beverages.

28) TVSquared:

TVSquared Overview:
TVSquared takes the lead as the world’s leading TV attribution company. This Edinburgh-based startup, with a workforce of 101-250, provides analytics solutions that empower businesses to measure the effectiveness of TV advertising.

Key Details:

Number of Employees: 101-250
Funding: $26,600,000
Website: TVSquared
TVSquared’s role in revolutionizing TV advertising analytics aligns with Edinburgh’s focus on startups driving innovation in traditional media sectors.

29) Holoxica:

Holoxica Overview:
Holoxica stands as a multi-award-winning high-tech firm, specializing in holographic 3D visualization. This Edinburgh startup, with a compact team of 1-10, pushes the boundaries of immersive visual experiences.

Key Details:

Number of Employees: 1-10
Funding: $2,612,124
Website: Holoxica
Holoxica’s commitment to advancing holographic technology showcases Edinburgh’s role in supporting startups that contribute to the evolution of immersive visual solutions.

30) ShareIn:

ShareIn Overview:
In the world of crowdfunding, ShareIn emerges as a transformative force, specializing in software and compliance solutions. This Edinburgh startup, with a team of 11-50, empowers businesses to navigate the complex landscape of crowdfunding technologies.

Key Details:

Number of Employees: 11-50
Funding: $1,000,000
Website: ShareIn
ShareIn’s commitment to simplifying and ensuring compliance in crowdfunding aligns with Edinburgh’s support for startups that drive positive change in the financial technology sector.

Is Edinburgh good for startups?

Edinburgh has been recognized as a thriving hub for startups, offering a conducive environment for entrepreneurial endeavors. However, it’s essential to note that conditions and perceptions can evolve, so it’s advisable to seek the latest information.

Here are several factors that have historically contributed to Edinburgh being considered good for startups:

  • Access to Talent: Edinburgh is home to several prestigious universities, including the University of Edinburgh. This academic environment provides a pool of skilled talent, making it easier for startups to find qualified employees.
  • Supportive Ecosystem: The city boasts a supportive ecosystem with various startup incubators, accelerators, and co-working spaces. These platforms offer mentorship, networking opportunities, and access to funding, fostering the growth of emerging businesses.
  • Financial Support: Edinburgh has seen significant investment in its startup ecosystem. Funding opportunities, including venture capital and angel investors, contribute to the financial health of startups in various sectors.
  • Diverse Industries: The startup scene in Edinburgh is diverse, spanning sectors such as technology, finance, biotechnology, and creative industries. This diversity allows startups from different domains to find their niche within the ecosystem.
  • Quality of Life: Edinburgh’s high quality of life, cultural richness, and historical appeal make it an attractive location for entrepreneurs. A favorable living environment can contribute to the well-being and productivity of individuals, which is crucial for startup success.
  • Global Connectivity: The city’s international connectivity and accessibility contribute to its appeal for startups aiming to establish a global presence. This is particularly relevant in industries like technology and finance.
  • Government Support: Various governmental initiatives and policies support entrepreneurship and innovation in Edinburgh and across Scotland. These initiatives often include grants, tax incentives, and programs aimed at fostering economic growth through startups.

In conclusion, as Edinburgh continues to foster an environment where creativity thrives, it solidifies its position as a global player in the startup ecosystem. The city’s rich history blends seamlessly with its forward-looking approach, creating a unique backdrop for ventures that redefine the future.

As we eagerly anticipate the next wave of innovations, Edinburgh stands poised to be at the forefront of global technological advancements. The journey of these startups is not just a reflection of their individual successes but also a testament to the collective strength and resilience of Edinburgh’s dynamic startup community.

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