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Glasgow's Locavore major expansion funded

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Glasgow angel syndicate announces new ownership


Glasgow angel syndicate announces new ownership
Member ownership marks the syndicate s move out from underneath its university incubator
Updated
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A Glasgow-based business angel syndicate has announced its transfer from university ownership to being led and owned by its members.
Gabriel Investments, set up in 2012, has been supported by the University of Strathclyde via its SUI incubator. It specialises in funding very early stage, high risk business ventures with promising commercial potential. ....

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Gabriel looks to spread its wings as investors take ownership of syndicate


Gill MacAulay and Lynne Ross of Gabriel Investments. Picture: Martin Shields
By Kristy Dorsey
Glasgow’s Gabriel Investments is transferring out of university ownership as it prepares to expand its network further across Scotland.
The business angel syndicate will now be owned and led by its members, having previously been supported by the University of Strathclyde’s incubator unit since it was first set up in 2012. Since its inception, about 60 per cent of the businesses in which its angels have invested have had a link to the university.
While Gabriel will continue to have a “strong relationship” with the university, the move is designed to open up more investment opportunities across further organisations in Scotland. ....

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