Archangels

Archangels, a prominent business angel syndicate founded in 1992 and headquartered in Edinburgh, has been a key player in early stage investing in Scotland for over two decades. With more than 60 investor members, Archangels coordinates investments exceeding £10 million annually in early stage Scottish companies, focusing on technology, software, and life sciences sectors. Committed to giving back, supporting young Scottish companies, generating attractive investment returns, and fostering a fun environment, Archangels leverages its executive team's diverse expertise to aid in the creation and growth of startups, ultimately aiming to maximize investor returns.

Niki McKenzie

Joint Managing Director

David Ovens

Joint Managing Director

Past deals in Scotland

Calcivis

Venture Round in 2019
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.

Calcivis

Venture Round in 2018
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.

Calcivis

Venture Round in 2017
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.

ZoneFox

Series A in 2017
ZoneFox Limited is a security software provider based in Edinburgh, United Kingdom, that specializes in protecting business-critical assets, data, and intellectual property for various industries, including finance, healthcare, high-tech, biotech, and legal. Founded in 2008, the company offers solutions for data monitoring, analytics, and endpoint security, focusing on insider threat detection, behavior analytics, network monitoring, instant alerting, and compliance reporting. Its enterprise security platform delivers cloud-based threat analytics, enabling organizations to gain rapid insights into user behavior and data flow while maintaining user privacy. ZoneFox’s technology helps clients effectively address insider threats, thereby reducing the risks of data theft, leakage, and misuse. The company operates as a subsidiary of Fortinet, Inc., following its acquisition in 2018.

Inquisitive Systems

Series A in 2017
Inquisitive Systems Ltd., founded in 2008 and based in Edinburgh, United Kingdom, specializes in developing data protection software aimed at safeguarding intellectual property from security breaches. The company’s flagship product, foxDNATM, originated from a postgraduate project by co-founder Dr. Jamie Graves and has evolved into a comprehensive solution that examines relevant data, provides alerts, and monitors forensic user activity. After initiating commercial trading in 2010, Inquisitive Systems has positioned itself as an ambitious contender in the information security software market, leveraging its strong academic roots as a spin-out from Edinburgh Napier University. The company aims to establish itself as a global leader in this space.

Arrayjet

Venture Round in 2016
Arrayjet Limited, established in 2000 and based in Roslin, United Kingdom, specializes in the development and manufacturing of microarray printers, accessories, and consumables for the global research, drug development, and diagnostic sectors. The company is known for its patented inkjet technology that prints biological samples onto solid substrates, creating microarrays used for screening tools. Arrayjet's offerings include the JetMosphere, an environmental control system that ensures consistent printing conditions, along with a range of microarray consumables and outsourced services such as assay development, optimization, and custom microarray services. Since its commercialization in 2006, Arrayjet has built a strong brand presence and reputation for high-throughput inkjet printing systems and reliable customer service, catering to a diverse customer base across 27 countries. In addition to its instrument business, Arrayjet has expanded its contract service capabilities, launching specialized services for assay development, project management, and training.

Inquisitive Systems

Venture Round in 2013
Inquisitive Systems Ltd., founded in 2008 and based in Edinburgh, United Kingdom, specializes in developing data protection software aimed at safeguarding intellectual property from security breaches. The company’s flagship product, foxDNATM, originated from a postgraduate project by co-founder Dr. Jamie Graves and has evolved into a comprehensive solution that examines relevant data, provides alerts, and monitors forensic user activity. After initiating commercial trading in 2010, Inquisitive Systems has positioned itself as an ambitious contender in the information security software market, leveraging its strong academic roots as a spin-out from Edinburgh Napier University. The company aims to establish itself as a global leader in this space.

Calcivis

Venture Round in 2012
Calcivis, a privately held company based in Edinburgh, Scotland, was founded in 2012 to address a significant need in the field of dentistry. The company specializes in a dental imaging platform that offers visual evidence of tooth demineralization, enabling dentists to identify active decay at an early stage. This innovative technology, co-invented with the University of Dundee and LUX Innovate, allows for the differentiation between active and non-active lesions on tooth surfaces, promoting preventive dentistry. By facilitating early intervention, Calcivis aims to help prevent the progression of cavities that would otherwise require invasive treatments. The company operates using a virtual development model, collaborating with various contract research and manufacturing organizations primarily located in Scotland.

Touch Bionics

Venture Round in 2011
Touch Bionics Limited, located in Livingston, Scotland, specializes in the development and marketing of advanced upper-limb prosthetics aimed at patients with upper-limb deficiencies. The company's notable products include the i-LIMB Hand, a multi-articulating bionic hand designed to assist amputees, and self-contained powered Prosthetic Digits, which offer functionality for individuals with partial hand loss. Additionally, Touch Bionics provides ProDigits, a solution for patients missing fingers. Their offerings extend to highly realistic passive functional prostheses, which are designed to closely resemble the natural appearance of the wearer. Touch Bionics distributes its innovative products across various regions, including the United States, Europe, Asia, and parts of South America and Africa. Established in 2003, the company was previously known as Touch EMAS Limited and rebranded in 2005. As of 2016, Touch Bionics operates as a subsidiary of Ossur Hf.

Touch Bionics

Debt Financing in 2010
Touch Bionics Limited, located in Livingston, Scotland, specializes in the development and marketing of advanced upper-limb prosthetics aimed at patients with upper-limb deficiencies. The company's notable products include the i-LIMB Hand, a multi-articulating bionic hand designed to assist amputees, and self-contained powered Prosthetic Digits, which offer functionality for individuals with partial hand loss. Additionally, Touch Bionics provides ProDigits, a solution for patients missing fingers. Their offerings extend to highly realistic passive functional prostheses, which are designed to closely resemble the natural appearance of the wearer. Touch Bionics distributes its innovative products across various regions, including the United States, Europe, Asia, and parts of South America and Africa. Established in 2003, the company was previously known as Touch EMAS Limited and rebranded in 2005. As of 2016, Touch Bionics operates as a subsidiary of Ossur Hf.

Adventi

Venture Round in 2009
Adventi was formed in 2002 by Graham Bucknall, the aim of the business was to provide IT support to small businesses that did not have their own IT support function. The target in the first year was sign up 60 clients. In 2003, the company acquired the IT support division of CVG, this was the first acquisition and expanded the business resulting in the company having operational bases in Edinburgh and Glasgow. It doubled the client base and by now was employing circa 30 people. In 2005, Adventi acquired Scotsys creating a business with a turnover of £16M. Adventi, already an accredited Microsoft Partner moved into new territory with Scotsys, a company providing Apple products through two retail outlets and supplying over 80% of Apple Mac computers into schools in Scotland. Scotsys also had a training business In 2007, the business now known as The Adventi Group acquires Integral Arm, a managed services business with circa 400 clients. Today, Adventi is a full service IT business providing a range of IT products, services and solutions to a client base in excess of 600 and growing. Our partnerships with some of the world’s leading IT business, such as Microsoft, Cisco, Apple, Steljes and HP results in a innovatively unique set of propositions unmatched in the UK..

Adventi

Venture Round in 2005
Adventi was formed in 2002 by Graham Bucknall, the aim of the business was to provide IT support to small businesses that did not have their own IT support function. The target in the first year was sign up 60 clients. In 2003, the company acquired the IT support division of CVG, this was the first acquisition and expanded the business resulting in the company having operational bases in Edinburgh and Glasgow. It doubled the client base and by now was employing circa 30 people. In 2005, Adventi acquired Scotsys creating a business with a turnover of £16M. Adventi, already an accredited Microsoft Partner moved into new territory with Scotsys, a company providing Apple products through two retail outlets and supplying over 80% of Apple Mac computers into schools in Scotland. Scotsys also had a training business In 2007, the business now known as The Adventi Group acquires Integral Arm, a managed services business with circa 400 clients. Today, Adventi is a full service IT business providing a range of IT products, services and solutions to a client base in excess of 600 and growing. Our partnerships with some of the world’s leading IT business, such as Microsoft, Cisco, Apple, Steljes and HP results in a innovatively unique set of propositions unmatched in the UK..

Arrayjet

Venture Round in 2001
Arrayjet Limited, established in 2000 and based in Roslin, United Kingdom, specializes in the development and manufacturing of microarray printers, accessories, and consumables for the global research, drug development, and diagnostic sectors. The company is known for its patented inkjet technology that prints biological samples onto solid substrates, creating microarrays used for screening tools. Arrayjet's offerings include the JetMosphere, an environmental control system that ensures consistent printing conditions, along with a range of microarray consumables and outsourced services such as assay development, optimization, and custom microarray services. Since its commercialization in 2006, Arrayjet has built a strong brand presence and reputation for high-throughput inkjet printing systems and reliable customer service, catering to a diverse customer base across 27 countries. In addition to its instrument business, Arrayjet has expanded its contract service capabilities, launching specialized services for assay development, project management, and training.
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