What are the investment size criteria for the Angel CoFund in terms of value and percentage of equity?

June 24, 2019

The Angel CoFund can make initial investments of between £100K and £1M so long as it is less than 49% of the round and less than 30% of total equity at completion (for an initial investment). This means that the CoFund does not generally participate in investment rounds of less than c.£300K.

In practice the CoFund averages around 20% to 25% of investment rounds.