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.

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 SaaS Sector AgnosticEdinburghUnited 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 6 of 42 portfolio companies

FoodTech ×3SaaS ×3Biotech ×2Enterprise Software ×2Retail Tech ×2AgTech ×1Cleantech ×1Climate Tech ×1

HQs:United Kingdom×4

Investments · 42 tracked

founders shown can be your intro path

613003fca.org.ukin 𝕏

Amiqus Resolution

Appointeddappointedd.comin

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

Bellfield Brewery

Boxergy

Brewgooder

Bumblebee Power

Cytochroma

E-bar initiatives

Enterbiotix

G-hold

Globalbridge

Gut Wealth

Hydrosense

Ilosta

Insignia Technologies Limited

Interpac

Lending Crowd

Lentiteklentitek.comin

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)

Mask Logic

MI:RNA

MiAlgaemialgae.com

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)Julian Pietrzyk(Technical Consultant)

Mocean Energymocean.energy

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)

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).

Qikserveqikserve.comin 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

Shotscope

Spoonfedgetspoonfed.comin 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

Willie BiggartMurray McNicol

Sunampsunamp.com

Synaptec

The Bettii Pod

Trickle

ULEMCo

Vector Photonicsvectorphotonics.co.ukin

WelcoMe

Zoex Power

Frequently asked questions

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.

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