Archangels, the Edinburgh-based business angel syndicate, has been recognised as the UK’s Lead Angel Investment Syndicate of the Year by the UK Business Angels Association. T

he accolade follows a record year of investment for the world’s oldest business angel syndicate in 2017/18, during which it led with £11.2m of investment from its own members, supplemented by a further £6.8m of cash from co-investors, including Scottish Investment Bank, the investment arm of Scotland’s main economic development agency, Scottish Enterprise.