Here are the top 11 most active angel groups investing in Scottish startups
Typically invests between £100k and £1.5m. Companies should have at least one woman on the founding team. The average stake taken by investors is 17.0% at a £2.38m pre-money valuation*.
Apollo Informal Investment
Typically invests between £20k and £150k. Based in Edinburgh, the group is sector-agnostic and invests in companies with a maximum valuation of £500k.
The preferred level of investment is £250-500k but can cover a range from £50k to £2m. Based in Edinburgh, Archangels is also a partner of the Scottish Co-Investment Fund.
EOS Technology Investment Syndicate
Typically invests between £20k and £500k. Invests exclusively in companies that are either EIS- or SEIS-qualifying, with a special focus on sectors such as software, oil and gas, renewables, bio-medical, and marine
Typically invests between £20k and £500k. The average stake taken by investors in deals is 21.9% at a £1.46m pre-money valuation*.
Typically invests between £200k and £500k. The fund was founded in 2011 and is made up of current and former technology executives and founders.
Gabriel Investment Syndicate
Support includes a minimum of £20k from Gabriel, plus matching funding from Scottish Enterprise.
Their usual range of investment is between £50K and £250K of seed capital in early stage ventures that are based in Scotland. They also look at considerably larger investments collaborating with other angel groups.
Kelvin Capital was founded in 2009 and has since invested a total of over £13.5million into 16 portfolio companies*.
London & Scottish Investment Partners
Typically invests between £300k and £500k. The network is a Scottish-based angel group supported by investors from London and Scotland. It’s members are part of LINC, the Scottish Angel Network.
TRI Capital is based in the Scottish Borders and is particularly interested in businesses that are located in the Borders, Lothians and North of England, or are considering relocation to the area.
Did you know?
8 out of 10 UK angel investments are made under SEIS/EIS. You can find out if you qualify to raise under SEIS/EIS, and apply for SEIS/EIS Advance Assurance from HMRC on SeedLegals.
* Starred statistics kindly provided by Beauhurst.