Hearing Diagnostics Pic Jan 2022

Relaxation of Covid restrictions prompts Scottish-based hearing test developer to ask Central Belt volunteers to “lend an ear”

Dylan MacdonaldArchangels

The Scottish-based developer of a hearing test that could revolutionise hearing loss assessment globally is now appealing for volunteers to help trial its ground-breaking system. Edinburgh-headquartered Hearing Diagnostics Limited, which is backed by Scottish business angel investment syndicate, Archangels, has developed a new type of hearing test during which the patient wears headphones fitted with a motion sensor and turns …

Archangels leads on £12.4m of investment in Scottish innovators in H1 2021

Dylan MacdonaldArchangels

Investment includes record-breaking contribution from Archangels’ syndicate members The Edinburgh-based business investment group, Archangels, has led investment of £12.4m in innovative Scottish tech and life sciences companies in the first half of 2021 (H1 2020: £9.5m) Archangels’ H1 2021 deals data, released today (14th July 2021), reveals that Archangels itself invested £7.3m during the first six months of 2021, with co-investment …

Mike Rutterford wins Lifetime Achievement Award at UKBAA Angel Investment Awards

Dylan MacdonaldArchangels

Mike Rutterford has won the Lifetime Achievement Award at the UKBAA Angel Investment Awards. Mike is a serial entrepreneur with a 40-year career as a business angel and in property investment. Educated in Edinburgh, in his 20s he launched Stuart Wyse Ogilivie and over a ten-year period developed the estate agency into the biggest in Scotland – subsequently selling to …

Liquid biopsy breakthrough tech prompts £1m seed investment for Scottish life sciences spin-out

Dylan MacdonaldArchangels

Funding enables new development phase supported by two high profile board appointments Scottish bio-tech company, BioCaptiva, has developed a novel next generation “liquid biopsy” technology device that could revolutionise the early diagnosis and monitoring of difficult to detect cancers. The University of Edinburgh spin-out has raised over £1m in seed funding from Edinburgh-based business angel investment syndicate, Archangels, and Scottish …

Investment to respond to growth in demand for integrated services at UK drug delivery company BDD

Dylan MacdonaldArchangels

Backing to fund the further expansion of formulation and manufacturing capabilities underpinned by strategic senior appointments Innovative Scottish-based drug delivery company, Bio-Images Drug Delivery Limited (BDD), has positioned itself for rapid growth with a further round of investment in its GMP* manufacturing capabilities alongside strategic recruitment to the senior leadership team and the Board of Directors. The £1.2m investment, has …