Archangel led £8.5m of investment to Scottish companies in 2011

Angel investment syndicate Archangel Informal Investment says it led investment of more than s8.5 million in Scottish early-stage firms last year.

The Edinburgh-based syndicate said it directly invested s4.88 million across a wide range of Scottish businesses, with the remainder of the overall investment coming from partners.

Archangel said investment last year was in line with the previous year.

The group said it also benefited from continued support from the Scottish Investment Bank, which invested s1.9 million alongside the business angel syndicate last year.
Source: New feed


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