Barry Sealey CBE, co-founder of Archangels, has died

Barry Sealey CBE | Photo credit Robert Perry

Scottish businessman and angel investor Barry Sealey, co-founder of Archangels, died on May 15th 2024.

Barry co-founded Archangels, along with Mike Rutterford, in 1992. Three decades later, he would be very proud of what he had built and the impact that Archangels companies have had in Scotland and around the world.

Paying tribute to Mr Sealey, David Ovens, joint managing director of Archangel Investors, said: “We’re all incredibly saddened by Barry Sealey’s passing and our sincere condolences go out to his family.

“Having co-founded Archangels more than 30 years ago with Mike Rutterford, Barry was a true pioneer of angel investing. Mike and Barry got together with the intention of helping young Scottish companies grow – neither anticipated that thirty years later they’d have had an impact far exceeding that original intent.”

“Barry himself would have been very proud of what he built and the impact that Archangels companies have had in Scotland and around the world. More than 5000 jobs created and nearly £200m invested in some of Scotland’s most exciting and innovative young companies, many of which are using technology to deliver significant social impacts.

“From the sight-saving technology of Optos to the world-leading prosthetic technologies of Touch Bionics, Barry’s legacy investments are testament to the impact he set out to achieve back in 1992. He will be missed by all who knew him.”

Before founding Archangels, Mr Sealey had a 32-year career as a deal-maker at Christian Salvesen. Since his retirement in 1990, he served on the boards of companies including Stagecoach Holdings and chaired public sector bodies including the Edinburgh Healthcare NHS Trust.

Barry was featured in this Business Quarter article from 2013, which we are sharing kind permission of the author, Kenny Kemp bq-autumn-2013_pp74-78

Lindsay Miller
Lindsay Miller

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