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”.


Investments in Scotland: Intelligent Point of Sale

Contact: Charlie Green

Alida Capital International

Investments in Scotland: OncoBioPharm, MedAnnex
Sectors: Biotechnology

Contact: Hugh Griffith,
Tel: 0131 248 3660

Angel Academe London

Investments in Scotland: Clear Returns
Contact: Sarah Turner

Angel CoFund

Contact: Tim Mills

Angels Den

Investments in Scotland: Nutrifiz, Freeflow Technologies

Contact: Raymond McLennan,
Tel: 0203 318 0230 ext 23

Apollo Informal Investment

Investments in Scotland: Appointedd, Gusto Artisan Foods

Contact: John Preston
Tel: 07717 708830

Archangel Investors

Investments in Scotland: Calcivis, NetThings, Reactec, Administrate, PowerPhotonic
Sectors: All sectors except property, retail and leisure
Regions: Scotland only - preference for Central Belt

Contact: John Waddell ,
Tel: 0131 221 9876

Aurora Private Equity

Investments in Scotland: IV Horse, NovaBiotics

Contact: Bill Henderson
Tel: 0770 3474686

Barwell PLC

Investments in Scotland: Lamellar Biomedical, Factonomy, Fixed Phage, MGB Biopharma
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


Investments in Scotland: Sistemic (Scotland), Syntropharma, Ocutec
Sectors: Technology

Contact: Jim Reid
Tel: 01764 652162

Discovery Investment Fund

Investments in Scotland: Actual Analytics, Dundee Cell Products, Calnex Solutions, EB Docking Solutions

Contact: Julie Findlay,
Tel: 01382 731915

EOS Technology Investment

St Andrews
Investments in Scotland: Digital Sports Arena, Alfacyte
Sectors: Science & Technology

Contact: Kevin Grainger
Tel: 0771 252 6866

Equity Gap

Investments in Scotland: Shot Scope Technologies, Sunamp, Insignia Technologies, Alphabet Babies, VERT Rotors, Spoonfed, Albagaia
Sectors: All sectors except pharmaceuticals

Contact: Jock Millican,
Tel: 07836 355951

ESM Investments

Investments in Scotland: Mobile Acuity, Network90, Recipop, Distrify Media, ShareIn
Sectors: ICT

Contact: Steven Morris,
Tel: 07572 445243

Gabriel Investments

Investments in Scotland: Pick Protection, Biogelx, Cosneta, Cojengo
Sectors: Technology pre-starts & start-ups

Contact: Gillian MacAulay,
Tel: 0141 303 8333

Grampian BioPartners

Investments in Scotland: Pharmacells, NovaBiotics, Antoxis, Cytosystems
Sectors: Life sciences

Contact: Prof. Andy Porter

Green Angel Syndicate (GAS)

Investments in Scotland: Global Surface Intelligence (GSi)

Contact: Nick Lyth
Tel: 07802 150053

Hamilton Portfolio

Investments in Scotland: Gemini Print, NetIDme
Sectors: All except biotechnology

Contact: Stewart Robertson
Tel: 0141 221 4400

Highland Venture Capital

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

Investments in Scotland: TC BioPharm

Contact: Jackie Waring,

Kelvin Capital

Investments in Scotland: iMetafilm, Sphinx Medical, i2eye Diagnostics, Opinurate, Flexiworkforce
Sectors: Technology

Contact: John McNicol,
Tel: 0141 255 0850

Lancaster Capital Partners

Investments in Scotland: Taragenyx, Epipole, Curapel, i2eye Diagnostics

Contact: Alison Clarke

London & Scottish Investment Partners

Investments in Scotland: pureLiFi
Sectors: Technology, Engineering, Construction, Retail and Professional Services

Contact: Scott Carnegie,
Tel: 0131 226 1589

London Business Angels

Investments in Scotland: Trident Energy

Contact: Alexander Sleigh,
Tel: 020 7321 5672

Longbow Capital LLP

Investments in Scotland: Ambicare Health

Contact: Edward Beckett ,
Tel: 01603 757 509

Murray Capital

Investments in Scotland: SFX Technologies

Contact: Sarah Copland,
Tel: 0131 243 2100

New Wave Ventures

Investments in Scotland: miiCard

Contact: Clare Twemlow
Tel: 020 7520 9432

Par Syndicate

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


Investments in Scotland: MGB Biopharma, Exterity, Turnbull & Scott, Blackford Analysis, Gas Sensing Solutions
Sectors: All except Property, Retail and Financial Services
Regions: Borders & Central Belt

Contact: Kathy Kinder ,
Tel: 0172 173 0749