Archangels increases support for Scottish tech and life sciences companies in 2020

Graeme Thomson Archangels

Business angel syndicate ends year with appointment of IP expert to board Despite the challenges of the COVID-19 pandemic, Edinburgh-based business angel investment syndicate, Archangels, led investments of £16.3m in promising Scottish start-up and early stage companies in 2020, topping its 2019 total of £13.4m by 22%. Across 2020, the syndicate directly invested £8.1m (2019: £7.4m) in companies in the …

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

Mark McIntyre Archangels

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 …