19th March 2019
Tim Allan is joining the board of Archangels, the leading angel investor group specialising in early stage technology and life sciences companies in Scotland. He succeeds Alastair Salvesen CBE, who is retiring from the Archangels board after 10 years.
Archangels’ members invest in, and mentor, promising start-up and early stage companies from Scotland’s vibrant technology and life sciences sectors. Established in 1992, Archangels has made a significant contribution to the Scottish economy, with its investments leveraging an estimated ?1.2bn of GVA and creating around 4,000 highly skilled jobs. The current portfolio of companies employs over 650 people.