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Archangels

Europe, Edinburgh, City of, United Kingdom, Edinburgh

Description

Archangels, established in 1992, stands as a prominent business angel syndicate headquartered in Edinburgh, Scotland. With a deep-rooted commitment to fostering innovation within its home country, the syndicate primarily focuses its investments on early-stage technology and life sciences companies based in Scotland. Its long-standing presence in the Scottish investment landscape has positioned it as a key player in supporting the growth of promising startups and scale-ups, providing both crucial capital and strategic guidance.

The syndicate's investment strategy is characterized by its hands-on approach and a preference for co-investment. Archangels typically provides initial cheques ranging from £100,000 to £500,000, often participating as part of larger funding rounds that can total between £250,000 and £2 million. This collaborative model frequently sees them partnering with other angel groups, venture capital funds, and public sector bodies like Scottish Enterprise, leveraging collective expertise and capital to maximize portfolio company success.

Over its more than three decades of operation, Archangels has demonstrated a significant impact on the Scottish entrepreneurial ecosystem. The syndicate has invested over £150 million into Scottish companies since its inception, a testament to its sustained commitment to the region's economic development. This substantial capital has been deployed across more than 90 companies, reflecting a broad and diverse portfolio. Beyond financial backing, Archangels prides itself on offering mentorship and strategic support, helping founders navigate the challenges of early-stage growth and prepare for subsequent funding rounds. Their enduring mission is to identify, nurture, and scale high-potential Scottish businesses, contributing to job creation and technological advancement.

Investor Profile

Archangels has backed more than 77 startups, with 4 new investments in the last 12 months alone. The firm has led 42 rounds, about 55% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States.
  • Strong thematic focus on Biotechnology, Software, Health Care.
  • Led 2 rounds in the past year.
  • Typical check size: $127K – $635K.

Stage Focus

  • Series Unknown (58%)
  • Seed (17%)
  • Series A (12%)
  • Angel (5%)
  • Series B (4%)
  • Series C (1%)
  • Grant (1%)
  • Debt Financing (1%)

Country Focus

  • United Kingdom (91%)
  • United States (9%)

Industry Focus

  • Biotechnology
  • Software
  • Health Care
  • Medical
  • Medical Device
  • Manufacturing
  • Information Technology
  • Life Science
  • Biopharma
  • Training
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Archangels frequently co-invest with?

Par Equity
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Shared Deals: 12
ConocoPhillips
North America, Texas, United States, Houston
Shared Deals: 2
Maven Capital Partners
Europe, Glasgow City, United Kingdom, Glasgow
Shared Deals: 3
Barwell Plc
Europe, Glasgow City, United Kingdom, Glasgow
Shared Deals: 5
Equinor
Europe, Rogaland, Norway, Stavanger
Shared Deals: 2
Scottish Investment Bank
Europe, Glasgow City, United Kingdom, Glasgow
Shared Deals: 34
British Business Bank
Europe, Sheffield, United Kingdom, Sheffield
Shared Deals: 3
Old College Capital
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Shared Deals: 7
TRICAPITAL
Europe, Scottish Borders, The, United Kingdom, Melrose
Shared Deals: 10
Scottish Enterprise
Europe, Glasgow City, United Kingdom, Glasgow
Shared Deals: 12

Which angels does Archangels often collaborate with?

Yusuf Hamied
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
GW
Europe, Edinburgh, City of, United Kingdom, Edinburgh
Shared Deals: 1

What are some of recent deals done by Archangels?

CSignum

Bathgate, West Lothian, United Kingdom

CSignum specializes in wireless communications solutions, digitization of subsea assets, and actionable insights for ocean industries.

Internet of ThingsWireless
Series AApr 22, 2025
Amount Raised: $8,046,239
Neuranics

Glasgow, Glasgow City, United Kingdom

Neuranics is a deep-tech startup that creates game-changing sensing solutions for healthcare, gaming, and metaverse applications.

Health CareNanotechnologySensor
SeedApr 9, 2025
Amount Raised: $8,000,000
Cytomos

Edinburgh, Edinburgh, City of, United Kingdom

Cytomos develops and provides integrated, predictive analytics systems for intelligent bioprocessing in biopharma.

BiopharmaBiotechnologyMachine LearningMedical
Series UnknownNov 19, 2024
Amount Raised: $6,347,079
Administrate

Bozeman, Montana, United States

Powerful Software for Training Operations

E-LearningEducationEnterprise SoftwareHuman ResourcesInformation TechnologySoftwareTraining
Series UnknownAug 19, 2024
Amount Raised: $3,960,483
iGii

Stirling, Stirling, United Kingdom

iGii develops innovative manufacturing process that enables the company to produce high performing, pure, 3D graphene foam.

Manufacturing
Series UnknownJun 18, 2024
Amount Raised: $11,174,149
1inhaler

Edinburgh, Edinburgh, City of, United Kingdom

1inhaler operates as a developer of drug delivery device.

MedicalMedical Device
SeedNov 27, 2023
Amount Raised: $2,526,950
Bio-Images Drug Delivery

Glasgow, Glasgow City, United Kingdom

Class leading experts in formulation work and scintigraphic clinical trials.

BiopharmaBiotechnologyHealth CareLife SciencePharmaceutical
Series UnknownAug 16, 2023
Amount Raised: $2,545,481
Cytomos

Edinburgh, Edinburgh, City of, United Kingdom

Cytomos develops and provides integrated, predictive analytics systems for intelligent bioprocessing in biopharma.

BiopharmaBiotechnologyMachine LearningMedical
Series AAug 8, 2023
Amount Raised: $5,097,438
Administrate

Bozeman, Montana, United States

Powerful Software for Training Operations

E-LearningEducationEnterprise SoftwareHuman ResourcesInformation TechnologySoftwareTraining
Series UnknownJul 11, 2023
Amount Raised: $6,467,000
PaperTrl, Inc

Columbus, Ohio, United States

PaperTrl is an automation tool that manages the procure-to-pay process for the mid-market.

PrintingSaaSSoftware
SeedMay 1, 2023