Philanthropy - charitable giving & strategic advice - Coutts & Co. Social Investors. DreamStake. Bring your startup to life with Startupbootcamp: Home. HackFwd. Seedcamp. The UK Angel Scene: An active angel speaks up. Permjot Valia (@permjotvalia) is a prolific angel investor and in 2008 co-founded Flight & Partners. Here he talks about his frustrations with the UK Angel investor scene, especially the anti-entrepreneur ‘pay-to-pitch’ culture. In 2008/09, £44.9m was invested by UK Business Angels registered to Angel Networks in UK based companies. Across the 5,500 registered Angels that is less than £10,000 per Angel.
These figures are very poor and do not bode well for future economic growth. So what is a UK based digital company looking for funding to do? I have invested in 20 companies in the UK over the last six years, and three companies in Canada as a Business Angel. In North America, most Angel groups are run by Angels (whom for the most part have been successful entrepreneurs) for Angels.
This can work out as a very expensive proposition. A company that I invested in wanted to raise money so I took the company to Calgary in Canada. My experience at Seedcamp, altered this view somewhat. The Resource for Entrepreneurs. The Funding Network - Current funding day.