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Archangels reveals rise in tech and life sciences funding, in spite of pandemic, and unveils new director Eric Young and Maureen Kinsler Edinburgh-based business angel syndicate Archangels has revealed it has led investments of £16.3 million in Scottish start-up and early-stage companies this year, topping its 2019 total of £13.4m by 22%, in spite of the challenges arising from the coronavirus pandemic. The syndicate said it had, across 2020, directly invested £8.1m in companies in the technology and life sciences sectors and had been lead investor in 11 funding rounds. It added that ...

Archangels: Investment syndicate bolsters its portfolio Updated: December 28 2020, 5.48pm Eric Young, chairman of Archangels, and Maureen Kinsler, who has joined the Archangels board of directors. Picture by Peter Devlin A business investment syndicate saw outlay in promising Scottish start-up and early stage companies increase by more than 20% in 2020. Edinburgh-based Archangels led investments of £16.3 million throughout the year, beating its 2019 total of £13.4m by 22%. Across 2020, the syndicate directly invested £8.1m in companies in the tech and life sciences sectors and was lead in...