About Us

Our Story

Since 1993, Angel Capital Scotland has supported early stage business scale ups in Scotland through our network, funder relationships, access to services and information sharing. Our members help generate leveraged funding for Scottish businesses, creating a platform for economic growth and transformation.

The Scottish business angel ecosystem is recognised as a global leader and partners with the World Bank in developing new angel markets internationally.

Our Purpose

We aim to support and stimulate the angel market in Scotland by helping new investors and partners join our community and supporting collaboration among our existing members.

Angel Capital Scotland and its members work closely with Scotland’s national economic development agencies Scottish Enterprise and Scottish National Investment Bank and with Scottish Government to increase access to support and capital.

Our Impact

Angel Capital Scotland helped establish the world’s first public sector/business angel co-investment model with Scottish Enterprise in 2004. Most angel groups in Scotland are co-investment partners, helping portfolio companies access matched funding.

In a typical year, Angel Capital Scotland members will:

Invest more than £40m into early stage companies, helping leverage total investment of £100m+

Make around 100 investments, into a mix of new and follow on funding opportunities

Help create over 2,000+ new high quality jobs in Scotland

Share their knowledge and expertise to support the next generation of business leaders

Support a growing number of company founders in achieving an exit

Our Members

Our Board

Niki McKenzie

Chair

Joint Managing Director, Archangels

Margaret Morton

Chief Executive

Lynne Cadenhead

Director

Chief Operating Officer, TRICAPITAL Angels Limited

Fraser Lusty

Director

Managing Director, Equity Gap

Niall MacKenzie

Director

Head of Hunter Centre for Entrepreneurship, Strategy & Innovation, University of Strathclyde

Our Partners

Angel Capital Scotland partners with specialist organisations to help angel groups and early stage companies access their expertise.

Click on the company logos for more information about the services and support available from our current strategic partners.

YCF Scotland logo

Our partner organisation, Young Company Finance reports on early stage high growth companies in Scotland, including fundraising, commercial progress and any exits. It also shares sector updates and insights from the wider ecosystem.