EQUITY GAP HITS MILESTONE INVESTMENT
Edinburgh-based angel syndicate, Equity Gap, has reached a £25m investment following its most successful year to date.
Leveraging additional funding of over £100m for investee companies since its launch, these investments have helped create over 500 high quality jobs in Scotland, worth around £20m each year to the economy.
As it stands 37 companies make up Equity Gap’s portfolio.
In 2021, they became a signatory of the Investing in Women code and continue to advocate for female entrepreneurs and investors.
The syndicate also established a ‘Leaders Club’ for founders and CEOs to help build knowledge sharing and peer collaboration.
Of the new companies funded by Equity Gap in the last two years 90% either operates in the clean tech sector’s or offer new solutions in healthcare.
This reflects the growing investor interest in sustainability-driven businesses.
Leah Hutcheon, founder of Equity Gap portfolio company Appointedd, said: “Pitching to Equity Gap’s diverse board of investors has always made us feel at ease and we really appreciate the support we get from collaborating with such a varied portfolio of companies.
“We have been particularly impressed by the work Equity Gap does to encourage networking and cooperation between its portfolio companies.”
Equity Gap moves into 2022 with eight pipeline funding rounds valued at over £10m due to complete in the first quarter and more potential exits in development.
Fraser Lusty, Equity Gap director (Pictured above) said: “2021 has seen outstanding progress from companies across our portfolio and we already have a strong pipeline to build on this success in 2022 and beyond.”
