Startup support

Archangels adds Kinsler as investment holds up

Archangels, the investment syndicate, has added to its board after a difficult year that saw its direct investments fall slightly compared to 2019.

The group has appointed Maureen Kinsler, the former chairman of intellectual property company Marks & Clerk, as a director.

Ms Kinsler, pictured, is a UK and European patent attorney with extensive experience of patent prosecution, handling many internationally diverse patent portfolios for a range of clients.

She specialises in photonics, semiconductors and computer-related inventions, having gained a first-class honours degree in physics and a PhD in semiconductor devices from Glasgow University. She also has an MSc in intellectual property law from Queen Mary and Westfield College, University of London.

In a year ravaged by Covid-19, Edinburgh-based Archangels saw direct investments in 2020 hold steady at £8.1 million against £8.2m last year and £10.9m in 2018.

Deals in which it was lead investor rose to £16.3m, from £14.8m last year, though significantly down on 2018’s total of £22.4m.

Eric Young, chairman, said: “The COVID-19 pandemic didn’t stop our portfolio companies from continuing to innovate and Archangels was determined to provide the support that they, and our new investee companies, needed.”

See also

Archangels investments 2019

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