Archangel invests £10.9m in Scottish Companies

Archangel invests £10.9m in Scottish Companies

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For 2018 Edinburgh-based angel group Archangel invested £10.9m of its own members’ cash in ten investment rounds , along with co-investment of £9.4m.

During the year, Archangels, founded in 1992, was also recognised as Lead Investment Syndicate of the Year
by the UK Business Angels Association and Investor of the Year at the inaugural Scottish Tech Startup Awards.

The year included two profitable exits, Oregon Timber Frame Limited – one of the UK’s largest independent timber frame house manufacturers, and ZoneFox – sold to Fortinet, which secures the largest enterprise, service provider and government organisations around the world.