Archangels
Archangels is a prominent business angel syndicate, which has been at the forefront of early stage investing in Scotland for over 30 years.
We provide our members with carefully-curated opportunities to invest in the most innovative companies and to support their early stage development to fullest potential.
We typically invest as lead investor in businesses which are located and
registered in Scotland. Archangels welcomes funding submissions from start-ups and early stage companies in the technology and life sciences sectors.
Our Criteria is:
- MUST be both operationally based and registered in Scotland, UK.
- The investment opportunity can cover a range from ‘proof of concept’ through expansion capital, including start-up, early stage or series A but must have high growth potential, including international sales potential.
- Should have Intellectual Property (IP): defendable, disruptive technology and / or know-how, difficult to replicate.
- Must be in a sector which qualifies under the Enterprise Investment Scheme.
- Must be a technology or life science business with a B2B business model.
- Seeking initial funding of £250,000 to £2 million.
Archangels offers the benefit of occupying an area of the funding market which straddles traditional business angel funding and moves into the area occupied traditionally by venture capital. Portfolio companies receive the benefit of having access to the wide Archangels network including our members and the other portfolio companies. The business angel approach allows for greater alignment with our portfolio companies. Archangels also takes a patient capital approach, understanding that building a successful technology business from scratch takes time.