Archangels Boosts Funding For Scottish Scale-Ups As Co-Investment Rises

Scotland’s largest angel syndicate increased its backing of high-growth start-ups in 2025, despite a tougher market for early-stage deals.

Archangels helped channel more than £41m into Scottish scale-up companies in 2025, as the Edinburgh-based angel investment group increased activity amid continued pressure on early-stage funding markets.

The syndicate said it leveraged £41.1m of investment across the year, up by around 50 per cent on 2024. Of that total, £12.8m came directly from Archangels’ members, with a further £28.4m secured from co-investors, underlining the growing role of syndicates in crowding in capital for young companies.

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