|Description||UK angel co-investment fund|
|Angel CoFund, 7/2013||£100M|
The Angel CoFund was launched in November 2011. The fund has been created with a grant from the Regional Growth Fund and support from the Business Bank. It invests alongside business angel syndicates from across the UK.
It is a private sector entity with clear objectives to boost the quality and quantity of business angel investing in the UK, and to support long-term, high quality jobs in growing companies.
The fund is able to make initial equity investments of between £100K and £1M in to SMEs alongside syndicates of business angels, with an upper limit of 49% of any investment round. It will only make investments alongside Syndicates of business angels, who must be investing in a given business for the first time. Any final decision to invest will be made by the independent Investment Committee of the fund based on the detailed proposals put forward by business angel syndicates. The fund will only make commercial investments.
Since its launch the fund has invested in excess of £10M, alongside a further £40M from business angels and other investors, in order to help UK companies grow. In 2013 the fund was increased in size in order to meet demand for investment from both high potential businesses and co-investors.
|BaseKit Platform||2/2014||Venture Round||£4.5M||4|
|Contego Fraud Solutions||10/2013||Venture Round||£900k||3|
|Blu Wireless Technology||9/2013||Seed||£2M||3|
|Orange Money /dba EZBOB||7/2013||Series B||£3.1M||4|
|Trident Energy||3/2013||Venture Round||£440k||2|
|Fertility Focus||1/2013||Venture Round||2|
|OR Productivity||12/2012||Venture Round||£1.25M||2|
|Orange Money /dba EZBOB||12/2012||Series A||£2.7M||1|
|Crowd Vision||7/2012||Venture Round||2|
|Future Drinks Company||4/2012||Seed||£360k||1|
|Nonlinear Dynamics||2012||Venture Round||£1.53M||1|