Tech Company Financing Transactions
Archangels Funding Round
On 7/31/2023, Archangels received $15.2 million in funding from British Business Investment.
Transaction Overview
Company Name
Announced On
7/31/2023
Transaction Type
Venture Equity
Amount
$15,240,000
Round
Undisclosed
Investors
British Business Investment (Lead Investor)
Proceeds Purpose
The deal will provide the syndicate with additional capital to accelerate the success of Scotland's next generation of entrepreneurs and innovators.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
20 Rutland Square
Edinburgh, Scotland, EH1 2BB
UK
Edinburgh, Scotland, EH1 2BB
UK
Phone
Website
Email Address
Overview
Today, Archangels comprises more than 100 investor members and typically invests more than £10 million per year in early stage Scottish companies.
Management Team
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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