Ada Ventures has launched a new £250,000 angel investor programme – Ada’s Angels – which has been set up to help discover a new generation of angel investors, who may have otherwise been excluded from the industry.

The first ‘Ada’s Angels’ cohort has identified five candidates from the firm’s grassroots scouting community. These individuals will now receive support and mentoring, as they identify their own investment opportunities in the UK tech sector. Each investor will be able to make five investments of £10,000 over the course of the next year.