Alex Denne
Growth @ Genie AI | Introduction to Contracts @ UCL Faculty of Laws | Serial Founder

The 17 Most Active Angel Investing Groups in London

11 Sep 2023
3 min
Text Link

Introduction

Looking for investment money to grow your business? Building relationships with angel investment groups can be a powerful strategy for securing funding. This guide focuses on the most active angel investment groups dispersed throughout London, offering a niche for every business sector.

Meaning of Angel Investors and Angel Groups

Angel investors are private individuals eager to provide financial backing to startups or small to medium-sized businesses (SMEs) in return for equity in the company. Investing amounts vary greatly but can range between £1 000 to £150,000 or more.

Angel groups, synonymous with angel networks or syndicates, consist of various angel investors acting collectively, offering numerous benefits for both founders and angel investors. The benefits include expanded networking capabilities, access to larger investment funds, and time efficiency from connecting to multiple investors at once.

How Does This Differentiation Surface Between Angel Groups and VCs

The main difference between angel groups and venture capital (VC) firms is the source of investment funds. Angel group members invest personal money, while VC firms pool corporate funds, individual contributions, pension funds, and more to finance their investments. VCs typically enforce stricter conditions, heavier involvement with the company, and inject significantly more money than angel groups.

Interested in VC funding and want to save on Legal fees? Email us to share our in-house VC Lawyer - especially for those going through a VC funding round in 2024. Why spend £30k+ when you can spend £10k with us, and have a single point of contact, and know they’re helping to bring the cost of fundraising down for everyone through open-source and AI.

What Are Angel Investors Looking For?

Striving to get angel investors’ attention? Here, we outline several principles angel investors typically gauge when evaluating your business presentation:

  1. A drive for success.
  2. SEIS/EIS eligibility.
  3. A lucrative market for your product/service.
  4. A focused business model.
  5. In-depth knowledge of your business marketplace.
  6. A customer-driven business model.
  7. In certain circumstances, some angel groups seek businesses striving to make a positive societal impact.

For more tantalising tips on angel investments and venture capital firms, head over to our extensive open source legal library.

The 16 Most Active Angel Groups in London

  1. ACF Angel CoFund Investors - You need another Angel Network on board (£50k+
  2. Connected
  3. Cambridge Angels - Local companies, (£50k+ and follow-on rounds)
  4. Ascension Syndicate Club - Fintech, Medtech, Climate, Entertainment (£50k+)
  5. Newable - Deep tech e.g. Biotech, Spacetech, AI (£200k+)
  6. SFC Capital - (SEIS only, £100k+)
  7. Cambridge Capital Group
  8. Angel Academe - You need to have a female founder w/ 20% equity (£250k+)
  9. 24 Haymarket - Products which have found product-market-fit (£60k+)
  10. FSE Angel Group
  11. Angel Investment Network - Very large group (£10k+)
  12. Angels Den Angel Network - Startups and SMEs (£50k+)
  13. Galvanise Capital - Marketing, Ads, Data (Sub £1m)
  14. Green Angel Syndicate - Climate, Green (£150k+)
  15. Mustard Seed impact - Social + Commercial (£300k+)
  16. Angels in MedCity - Medicine (£100k+)
  17. Chicago Booth - Probably the least active on the list (£25k+)

Conclusion: Legal Considerations and CTA

Funding brings its own legal complexities. Startups must construct an astute legal plan to shield the business from potential setbacks. Equity in your business, compliance with funding rules, and forming the legal parameters of investor relationships all come with a lot of paperwork. Having some rapid-access legal insights is 100% necessary.

We invite you to signup to Genie AI and use our AI-powered legal assistant for drafting, reviewing, negotiating and signing legal agreements. Together we make the legal aspects of your business less intimidating, so you can stay focused on growth.

Interested in joining our team? Explore career opportunities with us and be a part of the future of Legal AI.

Related Posts

Show all