How many investments has Equity Gap made?

Equity Gap has 42 tracked investments.

What stage does Equity Gap invest at?

Equity Gap invests at the Pre-Seed, Seed, Series A stages.

What is Equity Gap's typical check size?

Equity Gap typically writes checks of $6.5K – $32.5K.

What sectors does Equity Gap focus on?

Equity Gap focuses on Advanced Manufacturing, Healthtech, SaaS, Sector Agnostic.

Where is Equity Gap located?

Equity Gap is headquartered in Edinburgh, GB.

Who does Equity Gap co-invest with?

Equity Gap most often shares deals with Apollo Informal Investment, Fuel Ventures, Republic Ventures, among 18 tracked co-investors.

Equity Gap

Angel network

Edinburgh · Pre-Seed–Series A · 8 people tracked

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Investment thesis

Equity Gap is an angel investment syndicate based in Edinburgh that matches its members with early-stage entrepreneurs seeking funding, primarily in Scotland. It emphasises making angel investing accessible and enjoyable through collaboration, a peer network and centralised administration, and supports prospective companies with access to its knowledge base and pitching guidance. Its portfolio spans over 30 companies across sectors including consumer products, food and drink, life sciences and SaaS, and members have helped leverage significant total investment while supporting job creation in Scotland.

Invests inAdvanced Manufacturing Healthtech SaaSSector AgnosticEdinburgh United Kingdom

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Series A

Check

$6.5K – $32.5K

Edinburgh, GB

Instruments

Equity

Founded

2010

Tracked investments

Team · 8 people

from the firm's website

Fraser Lusty· Managing Director· Greater Edinburgh Areain

Joined Equity Gap in 2011 and became a director in 2014, bringing over 30 years of experience helping Scottish businesses and entrepreneurs. He has led angel investor skill-building programmes in Canada and the Middle East and is an ambassador with Women's Enterprise Scotland.

Jock Millican· Founder and Non-Executive Chair· Edinburgh, Scotland, United Kingdomin

Founded Equity Gap in 2010 after a business career primarily in brewing. A former Scotland rugby international, he is a Court Assessor at Edinburgh University and chair of LINC Scotland, the national angel capital association.

Rhona Bree· Senior Investment and Portfolio Manager· Greater Glasgow Areain

Joined Equity Gap in April 2023 with over 10 years' experience managing early-stage company portfolios at Scottish Enterprise. A Chartered Accountant trained at PwC, she previously spent eight years in Bank of Scotland's infrastructure and private equity investment teams.

Alex Lusty· Head of Operations and Compliance· Greater Edinburgh Areain

With Equity Gap since 2019, she leads operations and compliance projects and works on strategic initiatives across the angel investment industry, drawing on experience in financial services strategy, solution design and programme management.

Dave Pratt· Investment Consultant· Greater Glasgow Areain

Joined Equity Gap in 2022 to support portfolio company management and deal execution. Previously CEO of a science-based investment business with senior executive roles in defence and energy, he has led a university spin-out to IPO and serves as chairman and non-executive director for several companies.

Jennifer Nicoll· Non-Executive Director

A Chartered Accountant with experience across finance, fundraising and operations, she brings a commercial, hands-on approach to scaling early-stage businesses and is a committed mentor and champion for female founders in Scotland.

Julie Foster· Finance Manager· Greater Edinburgh Areain

Equity Gap's first employee, joining as Business and Finance Manager in 2018 after senior finance and administration roles at organisations including Edinburgh Chamber of Commerce.

Rachel Jones· Non-Executive Director

CEO and founder of SnapDragon Monitoring Ltd and interim chair of the IP Crime Group Board, she brings a founder's fundraising perspective to guide Equity Gap's investment direction.

What they invest in

from 15 of 42 portfolio companies

Consumer ×6FoodTech ×6SaaS ×4Direct to Consumer ×3E-commerce ×3Enterprise Software ×3Hardware ×3Healthtech ×3

HQs:United Kingdom×12

Investments · 42 tracked

founders shown can be your intro path

613003fca.org.uk in 𝕏

This page is UK Financial Conduct Authority consumer guidance explaining how crypto investment scams work, how to spot warning signs, and how to report fraud.

FintechGovTech

Co-investorsAI Seed Fuel Ventures QVentures Republic Ventures Steadview Capital SyndicateRoom +2 more

Amiqus Resolution

Appointeddappointedd.com in

Appointedd provides online booking and scheduling software, offering appointment and calendar management with integrations for businesses including leading retail brands.

Enterprise SoftwareMarketing TechRetail TechSaaSLondon, GB

Co-investorsApollo Informal Investment

Bellfield Brewerybellfieldbrewery.com 𝕏

Bellfield Brewery is an independent Edinburgh craft brewery producing certified gluten-free and vegan beers, including IPAs, hoppy ales, lagers, and pilsners.

ConsumerDirect to ConsumerE-commerceFoodTechEdinburgh, GB

Boxergy

Brewgooderbrewgooder.com in

Brewgooder produces session pale ale that directs a portion of sales proceeds to community projects through its associated foundation.

ConsumerDirect to ConsumerFoodTechImpact & Social GoodGlasgow, GB

Bumblebee Power

Cytochroma

E-bar initiatives

Enterbiotix

G-holdg-hold.com in 𝕏

G-Hold designs patented ergonomic tablet and phone holders, screen risers, and work-from-home kits that reduce hand and wrist strain when using mobile devices.

ConsumerE-commerceHardware

Alison Grieve(Founder)

Globalbridge

Gut Wealthgutwealth.co.uk in

Gut Wealth produces Water Wealth Daily Electrolyte, a hydration supplement powder designed to provide daily electrolytes and vitamins for consumers seeking improved hydration support.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Hydrosense

Ilosta

Insigniatechnologiesinsigniatechnologies.com in

Insignia Technologies develops products using patented colour-changing inks and films that provide real-time visual indicators for applications such as patient safety and food waste reduction.

FoodTechMedical DevicesNew MaterialsBioCity Scotland, GB

Dr Graham Skinner(CEO)

Co-investors24 Haymarket

Interpac

Lending Crowd

Lentiteklentitek.com in

Lentitek develops an alternative lentiviral vector production platform based on novel synthetic promoter technology, aimed at improving quality and yield in CAR-T manufacture and enabling in-vivo and armoured CAR applications.

BiotechDeep TechHealthtechMedical DevicesEdinburgh, GB

Adam Inche(Founder)Leif(Co-founder / Board member)John Counsell(Chief Scientific Officer)

Co-investorsApollo Informal Investment

Mask Logic

MI:RNA

MiAlgaemialgae.com in

MiAlgae uses whisky distillation by-products to grow microalgae rich in marine Omega 3s, offering a plant-based, low-carbon alternative to fish oil.

AgTechBiotechFoodTech

Douglas Martin(Founder & CEO)Shreekanth Ramananthan(Technical Director)

Co-investorsConduit Connect

Mocean Energymocean.energy in

Mocean develops offshore renewable power systems that combine wave, solar, and energy storage to deliver clean electricity for subsea assets, serving operators in offshore energy and carbon capture and storage (CCS) sectors.

CleantechClimate TechEnergyEdinburgh

James Cameron McNatt(Director)Andrew Coleman(Director)

BoardChristopher Heinz Retzler(Director)Torger Skillingstad(Director)Iain Sinclair(Director)Lynne Ross(Director)

Co-investorsInnovate UK

My 1 Login Ltd

My Smash Media

Neurocentrx

Pickprotectionpickprotection.com

Pneumagen

Pneumowave

Digital health company developing a wearable sensor to remotely monitor large numbers of patients (formerly Altair Medical).

Co-investorsAlba Equity

Qikserveqikserve.com in 𝕏

QikServe provides a digital ordering system for hospitality businesses, combining mobile ordering, order & pay, self-ordering kiosks, pay at table, and integrated EPoS.

E-commerceFoodTechRetail TechSaaS

Quickblock

Sharktowersharktower.com

Shot Scopeshotscope.com in 𝕏

Shotscope sells GPS watches, handhelds, launch monitors, and laser rangefinders for golfers to track their game and improve performance.

ConsumerHardwareIoTSports Tech

Co-investorsGuinness Ventures The SidebySide Partnership

Spoonfedgetspoonfed.com in 𝕏

Spoonfed provides catering management software with online ordering and back-office tools for independent caterers, food service operators, and multi-location workplace catering businesses.

Enterprise SoftwareFoodTechSaaSGlasgow, GB

Sunampsunamp.com

Co-investorsScottish National Investment Bank

Synaptec

The Bettii Pod

Trickle

ULEMCo

Vector Photonicsvectorphotonics.co.uk in

Vector Photonics develops PCSELs (photonic crystal surface-emitting lasers), a type of semiconductor surface-emitting laser designed to be lower cost and easier to integrate than conventional lasers.

Deep TechHardwareSemiconductorsGlasgow, GB

Dr Richard J E Taylor(Founder)in

Co-investorsClean Growth Fund Future Planet Capital UK Innovation & Science Seed Fund Foresight Group

WelcoMewel-co.me in

WelcoMe develops a digital accessibility profile system that enables disabled customers to share their access preferences with venues and services in advance, replacing in-the-moment discovery with proactive staff preparation through briefing cards.

ConsumerEnterprise SoftwareHealthtechImpact & Social GoodSaaS

Zoex Power

Portfolio news

latest coverage across their companies

Glasgow University Spin-out Vector Photonics Looks to Taiwan to Industrialize Next-Generation Lasers

Vector Photonics · techsoda.substack.com · Aug 24, 2026

Mocean Energy targets wave-powered offshore data centers

Mocean Energy · renewableenergyworld.com · Jul 31, 2026

Frequently asked questions

How many investments has Equity Gap made?: Equity Gap has 42 tracked investments.
What stage does Equity Gap invest at?: Equity Gap invests at the Pre-Seed, Seed, Series A stages.
What is Equity Gap's typical check size?: Equity Gap typically writes checks of $6.5K – $32.5K.
What sectors does Equity Gap focus on?: Equity Gap focuses on Advanced Manufacturing, Healthtech, SaaS, Sector Agnostic.
Where is Equity Gap located?: Equity Gap is headquartered in Edinburgh, GB.
Who does Equity Gap co-invest with?: Equity Gap most often shares deals with Apollo Informal Investment, Fuel Ventures, Republic Ventures, among 18 tracked co-investors.

Images

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