This service has only been going a few years and has been entrepreneurial in working both with businesses looking for funding and a network of angel investors. As such they are closer to a pro-active corporate finance adviser than an investor themselves. Worth talking to if you are looking for help in accessing angel investment.
Example companies
Gelexir
Gelexir Healthcare, originating from the University of Manchester, developed a novel, non-surgical procedure for the treatment of Chronic
Lower Back Pain (CLBP) caused by Degenerative Disc Disease (DDD). This has the potential to reduce back-pain suffering for millions of people globally and save the NHS and healthcare systems around the world significant sums of money.
Why they invested
The company was founded on the back of discoveries and developments made at the University of Manchester over the past 10 years, and is led by an expert in the field already – a spine surgeon and veteran ex-medical device corporate executive.
Ecomnova
An e-commerce web design, development and marketing company based in London & Manchester, UK.
Why they invested
E-commerce is the fastest growing retail sector in Europe. With an outsourced business model and a lean operational cost base, the equity funding raised gives Ecomnova a great opportunity to scale the business significantly.