Nick Freer comment: Capital injections into Scotland’s start-up scene

I had the pleasure of bumping into Jock Millican, revered director of Scottish angel firm Equity Gap at a recent Converge pitching session at RBS Gogarburn where I was the guest of Heriot-Watt’s chief entrepreneurial executive David Richardson.

Jock remarked on a noteworthy year for Scottish angels in 2018, with the collective investing more than £50 million of early-stage capital into the Scottish ecosystem for the first time.

A few weeks’ back at CodeBase, the great and the good of Scotland’s start-up scene gathered to discuss the closely related subject of raising a seed round in Edinburgh. Sponsored by ADV, one of the only early-stage venture capitalists (VCs) who focus on areas outside London, investors and founders explored their experiences of raising investment at the seed stage. As the amount of investment into companies in Edinburgh increases and the region grabs the attention of investors from around the UK, how can start-ups take advantage? This was a chance to hear from some prolific angels, microfunds, VCs and institutional investors on what they look for, as well as some helpful guidance and key learnings from founders.

Read more HERE.