The Angel CoFund is a £100M investment fund with objectives to back promising UK businesses and help develop the important business angel investment market.
Launched in November 2011, the fund makes initial investments of between £100K and £1M, alongside syndicates of business angels in order to support high potential businesses and give them the capital they need to develop and propel growth.
Since launch the fund has invested and committed £37M, alongside a further c.£180M from business angels and other investors, providing support for 79 companies (at end October 2017). The fund retains 100% follow-on capacity.
The fund celebrated its 5th anniversary in 2017 and an infographic with details of activity over its first five years can be found here. Infographics from previous years can be found here: 2016, 2015 and 2014.
What companies do we invest in?
The fund invests across the UK and will consider proposals for businesses at all stages of development and in most sectors, provided they qualify as an SME.
The critical criterion in securing investment from the CoFund is the presence of a strong group or syndicate of private angel investors who are looking to make a good commercial investment.
Looking for investment?
If you represent a business, or are looking to invest in one, more information on what makes a business angel syndicate and other investment criteria can be found under the “Looking for Investment” link on the right.
It should be noted that the fund is not open to direct approaches from individual businesses, so if you are looking for investment you should first secure the interest of a business angel syndicate or network.
More information on how to find business angels, syndicates and networks can be found at the UK Business Angels Association.
The CoFund is supported with capital investment from the British Business Bank.