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Glasgow angel syndicate announces new ownership Member ownership marks the syndicate s move out from underneath its university incubator Updated Sign up to FREE email alerts from businessInsider - Subscribe We use your sign-up to provide content in ways you ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time.More info Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice A Glasgow-based business angel syndicate has announced its transfer from university ownership to being led and owned by its members. Gabriel Investments, set up in 2012, has been supported by the University of Strathclyde via its SUI incubator. It specialises in funding very early stage, high risk business ventures with promising commercial potential. ....
Gill MacAulay and Lynne Ross of Gabriel Investments. Picture: Martin Shields By Kristy Dorsey Glasgow’s Gabriel Investments is transferring out of university ownership as it prepares to expand its network further across Scotland. The business angel syndicate will now be owned and led by its members, having previously been supported by the University of Strathclyde’s incubator unit since it was first set up in 2012. Since its inception, about 60 per cent of the businesses in which its angels have invested have had a link to the university. While Gabriel will continue to have a “strong relationship” with the university, the move is designed to open up more investment opportunities across further organisations in Scotland. ....
Polly Purvis ACCOUNTANCY firm Johnston Carmichael has unveiled a new tech advisory board. The firm has assembled a number of senior figures to provide clients with advice on achieving growth in the fast-growing digital sector. The seven external advisers include Polly Purvis, the former chief executive of technology trade body ScotlandIS. Ms Purvis is now on the boards of Edinburgh Science Festival and Converge Challenge, which works with universities to support spin-outs. Johnston Carmichael s new tech advisory board includes Giles Hamilton, chief executive of Inverness-based life sciences firm ODx Innovations, and Alasdair Gunn of Framewire, the Scottish advisory practice for tech and digital start-ups. Hazel McIntyre, Grant Smith, Les Gaw and Brendan Waters, who between them bring broad experience in sectors ranging from, data, AI and software security to deal-making and corporate finance in the tech sector, make up the seven. ....