Par Equity, the angel investor group, has more than doubled its investment innovative technology businesses, from £12m in 2020 to £25m last year.
This was in addition to a landmark $400m exit on the sale of portfolio company Current Health in October, which continued Par Equity’s track record of successful exits, returning cash to investors every year since 2013.
Edinburgh-based Par Equity backs emerging technology stars across Scotland, Northern Ireland and the north of England. Over the course of an active year the Par Equity team reviewed close to 1,000 business opportunities, from which it selected six new investments while also providing follow-on finance for 21 existing portfolio companies.
In total, the portfolio raised £89m, with £25m coming from Par and the remaining £64m invested by a growing list of co-investment partners across the UK and in the US.
Read more HERE.