Archangels

Neil Cunningham, founder of MatchPoint Hospitality Group, has been appointed to the board of Edinburgh-based investment syndicate, Archangels. Mr Cunningham set up MatchPoint in 1992, expanding its corporate hospitality offering from the UK to include clients as far afield as Hong Kong and Sydney, a

Edinburgh-based investment syndicate Archangels has generated up to £1.4 billion Gross Value Added (GVA) for the Scottish economy from its investments in the life sciences and tech sectors. The analysis, conducted by the University of Glasgow’s Adam Smith Business School, found that the

Burges Salmon has advised Cytomos Limited on its £1.6 million funding from a trio of investors to progress the development and qualification of its novel cell analysis platform, Cytomos Dielectric Spectroscopy (CDS).The fundraising was led by existing investor Archangels with participation fro

Integrated Graphene, a Stirling-based technology development and integration company, has announced plans to invest up to £8 million in scaling up its 3D Graphene foam, Gii, manufacturing process to meet surging global demand from the human diagnostics and energy markets. Founded in 2016, Inte

Edinburgh-based PhysioMedics has secured equity and grant funding totalling £1.5 million from Archangels, Scottish Enterprise and Innovate UK to allow it to accelerate its commercial growth and product roadmap, including expanding into European and Indian markets. The investment follows the ap

Cytomos, an Edinburgh-based life science company that has developed a proprietary new approach to analysing cells, has secured £1.6 million funding to progress the development and qualification of its novel cell analysis platform, Cytomos Dielectric Spectroscopy (CDS). The fundraising round by

Scottish tech firm Earth Blox has secured £1.5 million funding from Archangels to expand its global reach and further develop its no-code Earth Observation (EO) cloud-based SaaS. Earth Blox enables users to create customised insights from satellite and geospatial data in a straightforward way

Archangels, the Edinburgh-based business angel investment syndicate, has appointed Ian Macleod as the new chair of its board. The former investment analyst and fund manager takes over the helm from Eric Young, who has held the position since 2014. Eric will continue to sit on the Archangels board.

In 2021, deals led by angel syndicate members of LINC Scotland secured in total £146 million funding for young companies with high growth potential, almost double the amount raised in 2020, and 70% higher than the record set in 2019. Before the pandemic struck, 2019 had been a high point in th

Archangels, the Edinburgh-based business angel investment group, led investments totalling a record £23.7 million in promising Scottish tech and life sciences companies during 2021. In a packed year of corporate activity for Archangels, the 11 investments, totalling £23.7m (2020: £

Edinburgh-based investment syndicate Archangels has led investment of £12.4 million in innovative Scottish tech and life sciences companies in the first half of 2021. Archangels’ H1 2021 deals data, released today, reveals that Archangels itself invested £7.3m during the first

Mike Rutterford, the co-founder of Edinburgh-based investment syndicate Archangels, has been awarded the Lifetime Achievement Award at the UKBAA Angel Investment Awards. Mr Rutterford is a serial entrepreneur with a 40-year career as a business angel and in property investment. Educated in Edinburgh

Scottish biotech company BioCaptiva has raised over £1 million in seed funding from Edinburgh-based business angel investment syndicate Archangels and Scottish Enterprise, to help develop a novel next generation “liquid biopsy” technology device. The device coul

Despite the challenges of the COVID-19 pandemic, Edinburgh-based business angel investment syndicate Archangels led investments of £16.3 million in promising Scottish start-up and early stage companies in 2020, topping its 2019 total of £13.4m by 22%. Across 2020, the syndicate

Edinburgh-based drug delivery company Bio-Images Drug Delivery Limited (BDD), has positioned itself for rapid growth with a £1.2 million investment led by Archangels. The Archangels investment was supported by Scottish Enterprise and BioCity Investments.