What stage does Archangels invest at?

Archangels invests at the Pre-Seed, Seed, Series A stages.

What sectors does Archangels focus on?

Archangels focuses on Biotech, Deep Tech, Healthtech, Sector Agnostic.

Where is Archangels located?

Archangels is headquartered in Edinburgh, GB.

Archangels

Angel networkInactive

Edinburgh · Pre-Seed–Series A · 14 people tracked

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This fund appears to be inactive.

UK Companies House records show ARCHANGELS LIMITED (no. 06879445) as dissolved. It is unlikely to be making new investments — this profile is kept for reference and historical accuracy.

✨ Fox Verdict

Investment thesis

Archangels connects its members with carefully selected early-stage investment opportunities in Scotland's most innovative companies, aiming to deliver strong returns while supporting entrepreneurs through their early development. It leverages the experience and networks of its members to help build successful Scottish businesses, focusing on the technology and life sciences sectors. Members are motivated both by financial returns and by contributing to the growth of the Scottish entrepreneurial ecosystem.

Invests inBiotech Deep Tech Healthtech Sector AgnosticEdinburghEuropeUnited Kingdom

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Series A

Edinburgh, GB

Instruments

Equity

Founded

1992

Tracked investments

Team · 14 people

from the firm's website & public directories

David Ovens· Managing Director· Edinburgh, Scotlandin 𝕏

Experienced investment banker and former CEO of Invercap who joined Archangels in 2014 as COO and later became Joint Managing Director, responsible for running the firm's business.

Niki McKenzie· Managing Director· Edinburgh, Scotlandin

Leads Archangels' investment activity, including new opportunities, portfolio and exits. A chartered accountant who trained at KPMG, she joined the firm in 2011 and chairs Angel Capital Scotland.

Dan McKiddie· Investment Manager· Greater Edinburgh Areain

Chartered accountant who spent eight years at PwC and later worked at Inverleith LLP before joining Archangels in 2023, providing investment analysis and support for fundraisings and exits.

Adam Stokes· Academic in Residence· Edinburghin

Full Professor and Chair of Bioinspired Engineering at the University of Edinburgh with degrees in engineering, biomedical science and chemistry, and a founder of several companies. He has supported Archangels with review and diligence of new investments since 2020.

Andrew Sealey· Member of the Board· Greater London, England, United Kingdomin

Chairman and former long-time CEO of private capital advisory firm Campbell Lutyens. An Archangels investor since 1992, he joined the Board in 2021.

Ian Macleod· Chair· Edinburghin

Former financial analyst specialising in electronics and telecoms who moved into fund management focused on tech, cleantech and biotech. He joined the Archangels Board in April 2018.

Lindsay Miller· Office Manager· Edinburgh, Scotland, United Kingdomin

Joined Archangels in 2015 and handles finance, company secretarial, event management and day-to-day office running. She holds an honours degree in immunology and microbiology.

Maureen Kinsler· Member of the Board· Edinburgh, Scotland, United Kingdomin

Patent attorney with over 25 years in the tech sector, formerly a partner at Marks & Clerk, specialising in photonics and semiconductors. She joined the Archangels Board in 2020.

Mike MacPhee· Member of the Board· Edinburgh, Scotland, United Kingdomin

Former Baillie Gifford partner who joined the Archangels board in 2015 and chairs its new deals committee, having succeeded founder Mike Rutterford in that role.

Neil Cunningham· Member of the Board· Edinburgh, Scotland, United Kingdomin

Founder and director of MatchPoint Hospitality Group and an investor in various start-ups and ventures. An Archangels member for over 15 years, he became a Board member in 2022.

Ross Hamou-Jennings· Member of the Board· Singaporein

Former Cargill Asia Pacific Chairman who runs his family office, The Quaternary Group. He became an Archangels syndicate member in 2018 and joined the Board in 2026.

Sarah Hardy· Investor· Edinburgh, Scotlandin

Experienced in financing early-stage technology companies with a focus on life sciences and healthcare. She joined Archangels in 2016 after roles at Wellcome Trust and Advent Life Sciences, and leads new investments.

Shaolei McKie· Investor· Edinburgh, Scotlandin

Chartered accountant who specialised in leveraged finance and fund investments at Bank of Scotland Corporate Banking. She joined Archangels in 2017, supporting investment analysis, fundraisings and exits.

Eric Young· Investor· Edinburgh, Scotland

What they invest in

from 4 of 44 portfolio companies

Healthtech ×2Medical Devices ×2Biotech ×1Digital Health ×1IoT ×1Robotics ×1

Investments · 44 tracked

founders shown can be your intro path

1nhaler

Administrate

Arrayjet

BDD

Bead Biopharma

BioCaptiva

Biolibertybioliberty.com

Bioliberty develops the Lifehub Clinic system, combining soft robotic wearables, gamified therapy, and AI insights to help clinicians deliver physical and occupational therapy to patients recovering from mobility issues such as stroke.

Digital HealthMedical DevicesRobotics

Blackford Analysis

Cloud-based imaging platform for research, clinical trials, and clinical care.

HealthtechEdinburgh

Simon Clovis Younger(Director)Conrad Blair Chin(Director)Christopher John Nash(Director)Scott Liston Rutherford(Executive Officer, Director)Benjamin David Panter(Director)

Bloxx

Calciviscalcivis.com

CALCIVIS develops a chairside imaging system that uses bioluminescent photoproteins to detect and monitor early-stage demineralization from dental caries in real time.

BiotechHealthtechMedical DevicesEdinburgh

Bruce Vernon(Director)Peter Anthony Rees(Director)Adam Christie(Director)James Jonathan Browning(Director)

Critiqom

Crombie Anderson

CSignumcsignum.comin

CSignum develops wireless communication technology using electromagnetic field signaling for underwater and subsurface monitoring, enabling data transmission from seabeds, riverbeds, and ship hulls in environments where traditional wireless systems fail.

IoT

CXR biosciences

Cytomos

Earth Blox

Fios Genomics

Flexitricity

GBG

Hearing Diagnostics

Indigo Lighthouse

Integrated Graphene Igii

Lab

MGB Biopharma

Mpathy

NCTech

Neuranicsneuranics.comin

Objective Software Technology Ltd

Optos

Medtech company whose Optomap imaging enabled early detection of retinal diseases; listed on the LSE in 2006.

Optoscribe

Oregon Timber Frame

PowerphotonicMay 2018

Fife

Simon Clovis Younger(Director)

QueryClick

Reactec

Sentient Medical

SolCom Systems

Speech Graphicsspeech-graphics.com

Stem Cell Sciences

Thairm Bio

Tissue Science Laboratories

Touch Bionics

Trig

Vitrology

Zonefox

Principals & officers · per Companies House

what is this? ⓘ

Bibi Rahima Ally

Secretary · British · since 2009

Jerome Feldman

Director · French · since 2009

Laurent Maarek

Director · French · since 2009

Joseph-Alain Ruimy

Director · French · since 2011

Frequently asked questions

What stage does Archangels invest at?: Archangels invests at the Pre-Seed, Seed, Series A stages.
What sectors does Archangels focus on?: Archangels focuses on Biotech, Deep Tech, Healthtech, Sector Agnostic.
Where is Archangels located?: Archangels is headquartered in Edinburgh, GB.

Media · Podcasts & interviews

from their channel

Archangels - Celebrating 30 Years Investing in Innovation

Archangel Investors Ltd

Archangels Film | Quarter Century Anniversary

Archangel Investors Ltd

Archangels | Company Portfolio | 2015 Various

Archangel Investors Ltd

Images

Co-investors · 1

Techstart Ventures

Techstart Ventures is an early-stage investor backing companies from inception to pre-seed in Scotland and Northern Ireland.

$950K

Firms observed investing alongside Archangels, from public investor directories. Shared companies are the overlap with Archangels's recorded portfolio.

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