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March 29, 2024
March 29, 2024

Techscaler Annual Report 2023

We are pleased to share our first Techscaler annual report, which reveals we have supported over 500 startups in the first year of the Techscaler programme.

Operating highlights from 2023 include: 

  • 517 startup and scaleup companies supported
  • £52.1 million of capital raised since joining Techscaler
  • 56 network partners now in place
  • 11 Techscaler hubs launched
  • An overall network of approximately 2,500 members
  • Over 500 tech meetup events hosted, reaching a total audience of around 10,000 people
  • Over 100 mentors have mentored 276 companies during the year

Stephen Coleman OBE, CodeBase CEO, said: “At its heart, Techscaler aims to make Scotland the best place in the world for founders to launch and grow a tech startup.  At CodeBase, we’ve been privileged to propel this groundbreaking ecosystem-building programme into existence for the Scottish Government.  We can’t wait to build on this foundation in year two.”

Mark Logan OBE FRSE, Chief Entrepreneurial Advisor to the Scottish Government, said: “In its first year of operation, Techscaler has already established itself as a vital part of Scotland’s entrepreneurial support infrastructure, and this is only the beginning.  Expect major developments in 2024, as the Techscaler platform continues to consolidate, integrate, and evolve.  In the meantime, I commend the CodeBase team for its outstanding progress to date.” 

Download the report here.

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