Skip to content
    Angel CoFund logo

    Angel CoFund

    Sheffield, United KingdomFounded 2011
    www.acfinvestors.comLinkedIn
    Biotech & Life SciencesClimate & EnergyManufacturingEnterprise SoftwareHealthcareFood & AgricultureDefense & SpaceConsumer

    The Angel CoFund is a UK-based, government-backed (British Business Bank) co-investment fund managed by ACF Investors. It co-invests alongside syndicates of angel investors in promising early-stage UK businesses, making equity investments of £100,000 to £1 million.

    Deal activity decreased year-over-year (2 deals in the last 12 months vs 3 prior). Average disclosed round size is $7.5M (across 10 rounds with reported amounts).

    Find people at Angel CoFund on Goldilocks AI

    Portfolio

    30

    Fund Size

    $125M

    Top Stage

    Unknown

    Last 12 Mo

    2

    Team

    TM

    Tim Mills

    Managing Partner

    GW

    George Whitehead

    Partner

    Paul Fauset

    Paul Fauset

    Partner

    Sam Fennell

    Sam Fennell

    Partner

    SA

    Sina Ataherian

    Investment Director

    Liam Bradley

    Liam Bradley

    Associate

    MB

    Matt Boreman

    Associate

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    35 investments
    CompanyRoundAmountDate
    OOrthoFuseSeed—Feb 2026
    Veremark logoVeremarkSeries B$26MFeb 2026
    FFLITSeed$1.5MFeb 2025
    OneID logoOneIDUnknown—Feb 2025
    Unum Aircraft Seating logoUnum Aircraft SeatingUnknown—Jul 2024
    Veremark logoVeremarkSeries B$3MApr 2024
    Sonichem logoSonichemSeries A—Jan 2024
    Arrow Risk Management logoArrow Risk ManagementUnknown—Jan 2024
    Spotta logoSpottaGrowth—Dec 2023
    RReboxedSeed—Nov 2023
    Kuano logoKuanoSeed—Sep 2023
    Oxford Medical Simulation logoOxford Medical SimulationUnknown$2.5MOct 2022
    Veremark logoVeremarkSeries A$8.5MJul 2022
    Spirea logoSpireaSeed—Jan 2022
    Monterosa logoMonterosaGrowth$3.5MJan 2022
    RReboxedUnknown—Sep 2021
    QQubeSeed—Jul 2019
    Gousto logoGoustoUnknown$23.4MJan 2019
    Atelerix logoAtelerixSeed—Jan 2018
    BBlackcurveSeed—Jan 2018
    Vantage Power logoVantage PowerSeed$3.1MMar 2017
    Gousto logoGoustoSeed$2MDec 2013
    Cumulus Neuroscience logoCumulus NeuroscienceGrowth——
    NoBACZ Healthcare logoNoBACZ HealthcareUnknown——
    Snapdragon logoSnapdragonSeed——
    Page 1 of 2

    Top Co-Investors

    Cambridge Angels5 shared
    Samaipata3 shared
    Stage 2 Capital3 shared
    Mercia Asset Management3 shared
    MMC Ventures2 shared
    Cambridge Enterprise2 shared
    The Yield Lab2 shared
    BGF1 shared
    Unilever Ventures1 shared
    Gresham House1 shared
    Felicity Global Capital1 shared
    Triple Point Ventures1 shared
    Vulpes1 shared
    Empirical Ventures1 shared
    Future Planet Capital1 shared
    UK Innovation & Science Seed Fund1 shared
    Techstart Ventures1 shared
    Adjuvo1 shared
    Parkwalk Advisors1 shared
    Cambridge Capital1 shared

    Last updated: 8 September 2026