Business angels

The following directory includes angel groups which are actively investing in Scottish companies,
or known to be looking for opportunities in Scotland. Details for sectors and regions are shown only where a group has preferences or restrictions. The companies shown as recent investees are in many cases just a sample of the group’s investments, to illustrate the types of company in which the group invests.

For more information about business angel groups, how they invest, and how to approach them,
see the article “Angels and angel groups”.

24Haymarket

London
Investments in Scotland: Intelligent Point of Sale
Contact: Charlie Green

Aero-Den LP

USA
Invests from $100k to $1m
Investments in Scotland: VERT Rotors
Sectors: Technology
Contact: Douglas Cribbes

Alida Capital International

Edinburgh
Investments in Scotland: OncoBioPharm, MedAnnex
Sectors: Biotechnology
Contact: Hugh Griffith,
Tel: 0131 248 3660

Angel Academe London

London
Investments in Scotland: Clear Returns
angelacade.me
Contact: Sarah Turner

Angel CoFund

Sheffield
Invests from £100k to £1m
Investments in Scotland: Snapdragon
Contact: Tim Mills, Managing Partner

Angels Den

London
Investments in Scotland: Nutrifiz, Freeflow Technologies
Contact: Raymond McLennan,
Tel: 0203 318 0230 ext 23

Apollo Informal Investment

Edinburgh
Member of LINC Scotland
Investments in Scotland: Cumulus Oncology, Pekeo Tea, IbisVision

Archangel Informal Investments

Edinburgh
Member of LINC Scotland
Invests from £50k to £2m
Investments in Scotland: Calcivis, Biocaptiva, Administrate, Optoscribe, Blackford Analysis, MGB Biopharma
Sectors: All sectors except property, retail and leisure
Regions: Scotland only - preference for Central Belt
Contact: David Ovens,
Tel: 0131 221 9876

Aurora Private Equity

Aberdeen
Investments in Scotland: IV Horse, NovaBiotics
Contact: Bill Henderson
Tel: 0770 3474686

Barwell PLC

Glasgow
Investments in Scotland: MGB Biopharma, GM Innovations Limited, NovaBiotics, Fixed Phage, Bluebox Aviation Systems
Sectors: All except property, retail and financial services
Contact: Alec Mackie,
Tel: 0141 248 8814

Bradenham Partners

Gerrards Cross
Investments in Scotland: Advanced Display Solutions, Vegware, ExecSpace
Contact: Ian A Morrison,
Tel: 07711 016511

Cambridge Angels

Cambridge
Investments in Scotland: Stamp Free

ChimaeraBio

Crieff
Investments in Scotland: Sistemic (Scotland), Syntropharma, Ocutec
Sectors: Technology
Contact: Jim Reid
Tel: 01764 652162

Discovery Investment Fund

Dundee
Invests from £70k to £300k
Investments in Scotland: Consolidated Craft Breweries, Cardio Precision and Ocutec
Contact: Julie Findlay, Business Development Manager
Tel: 01382 731915

EOS Technology Investment

St Andrews
Invests from £50k to £500k
Investments in Scotland: Digital Sports Arena, Alfacyte
Sectors: Science & Technology
Contact: Kevin Grainger
Tel: 0771 252 6866

Equity Gap

Edinburgh
Member of LINC Scotland
Investments in Scotland: Trojan Energy, Sharktower, MIME Technologies, EnteroBiotix, Lending Crowd, Vector Photonics, VERT Rotors , EBar Initiatives
Sectors: All sectors except pharmaceuticals
Contact: Jock Millican, Director
Tel: 07836 355951

ESM Investments

Stirling
Member of LINC Scotland
Investments in Scotland: Time For You Care, Adimo, Integrated Graphene, Chromacity
Sectors: ICT
Contact: Steven Morris, Director
Tel: 07572 445243

Gabriel Investments

Glasgow
Member of LINC Scotland
Invests from £60k to £120k
Investments in Scotland: Roylance Pharma, EBar Initiatives, Gibson Robotics, Soundbops, EnteroBiotix,Estendio, Novosound
Sectors: Technology pre-starts & start-ups
Contact: Gillian MacAulay,
Tel: 0141 303 8333

Grampian BioPartners

Aberdeen
Member of LINC Scotland
Investments in Scotland: Pharmacells, NovaBiotics, Antoxis, Cytosystems
Sectors: Life sciences
Contact: Prof. Andy Porter

Green Angel Syndicate (GAS)

Edinburgh
Member of LINC Scotland
Investments in Scotland: Global Surface Intelligence (GSi)
Contact: Nick Lyth
Tel: 07802 150053

Hamilton Portfolio

Glasgow
Investments in Scotland: Gemini Print, NetIDme
Sectors: All except biotechnology
Contact: Stewart Robertson
Tel: 0141 221 4400

Highland Venture Capital

Inverness
Investments in Scotland: Design LED Products, Actual Analytics, Advanced Microwave Technologies, Syntropharma
Regions: Preference for Highlands
Contact: Iain Scott,
Tel: 01463 712588

Innova Partnerships

St Fillans and Edinburgh
Investments in Scotland: Relaymed, Imhanz, Biotangents, Cuillin Medical
Sectors: Life sciences
Contact: Dr Steve Howell,
Tel: 0131 202 6666

Investing Women

Edinburgh
Member of LINC Scotland
Investments in Scotland: Cumulus Oncology
Contact: Jackie Waring,

Kelvin Capital

Glasgow
Member of LINC Scotland
Invests from £500k to £2m
Investments in Scotland: ProFactor Pharma, Sofant, Snappy Shopper, Novosound, QED Naval, Chromacity, Biotangents,
Sectors: Technology
Contact: John McNicol, Founder and Director
Tel: 0141 255 0850

Lancaster Capital Partners

Glasgow
Investments in Scotland: Taragenyx, Epipole, Curapel, i2eye Diagnostics
Contact: Alison Clarke

London & Scottish Investment Partners

London and Edinburgh
Member of LINC Scotland
Investments in Scotland: Flare Bright, Fixed Phage, Adimo, TenBio
Sectors: Technology, Engineering, Construction, Retail and Professional Services
Contact: Scott Carnegie,
Tel: 0131 226 1589

London Business Angels

London
Investments in Scotland: Trident Energy
Contact: Alexander Sleigh,
Tel: 020 7321 5672

Longbow Capital LLP

Norwich
Investments in Scotland: Ambicare Health
Contact: Edward Beckett ,
Tel: 01603 757 509

Mint Ventures

Glassgow
Member of LINC Scotland

Murray Capital

Edinburgh
Investments in Scotland: Zumo, Blackford
Contact: Sarah Copland, Office Manager
Tel: 0131 243 2100

New Wave Ventures

Dorset
Investments in Scotland: miiCard
Contact: Clare Twemlow
Tel: 020 7520 9432

Par Syndicate

Edinburgh
Investments in Scotland: Radge Media, Senient Systems, miiCard, Collectivworks
Sectors: Technology, excluding Biotech
Contact: Robert Higginson ,
Tel: 0131 556 0044

Souter Investments LLP

Edinburgh and Perth
Investments in Scotland: Alexander Dennis, Argent Energy, Filter Clear
Contact: Andy MacFie

TRI Cap

Melrose
Investments in Scotland: MGB Biopharma, Exterity, Turnbull & Scott, Blackford Analysis, Gas Sensing Solutions
Sectors: All except Property, Retail and Financial Services
Regions: Preference for East Central Scotland and the Scottish Borders.
Contact: Kathy Kinder ,
Tel: 0172 173 0749