Edinburgh-based business angel syndicate Archangels cheers record year of investment

he Edinburgh-based business angel investment group said it has seen a “packed” year of corporate activity with 11 investments amounting to £23.7m, a year-on-year jump of 44 per cent from £16.3m.

In total, in 2021 Archangels invested £11.8m of its members’ cash, up 46 per cent on 2020, and co-investors this year included Scottish Enterprise, Maven Capital Partners, Par Equity, Sands Capital Ventures, and private equity house NVM.

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