One of Scotland’s top investment syndicates has stepped up its support for tech and life sciences companies during 2020 despite the impact of the pandemic.
Edinburgh-based Archangels led investments amounting to £16.3 million in Scottish start-up and early stage companies, topping its 2019 total of £13.4m by 22 per cent.
Across 2020, the business angel investment syndicate directly invested £8.1m in companies in the tech and life sciences sectors and was lead investor on a total of 11 funding rounds. That figure is up on £7.4m the year before.
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