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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.
Average disclosed round size is $8.8M (across 16 rounds with reported amounts).
Portfolio
45
Fund Size
$125M
Top Stage
Unknown
Last 12 Mo
2
Team
GW
George Whitehead
Partner
PF
Paul Fauset
Partner
MA
Michael Anderson
Investment committee member
SB
Simon Blakey
Investment Committee Member
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
54 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| OOrthofuse | Seed | — | Feb 2026 |
 Veremark | Series B | $26M | Feb 2026 |
 Singular Photonics | Unknown | $2.1M | Jan 2026 |
| Veremark | Series B | $26M | Jan 2026 |
| FFLIT | Seed | $1.5M | Feb 2025 |
 OneID | Unknown | — | Feb 2025 |
 Muve | Unknown | — | Jan 2025 |
 Unum Aircraft Seating | Unknown | — | Jul 2024 |
 Hytrade | Pre-Seed | — | Apr 2024 |
| Veremark | Series B | $3M | Apr 2024 |
 Sonichem | Seed | — | Feb 2024 |
| Sonichem | Series A | — | Jan 2024 |
 Arrow Risk Management | Unknown | — | Jan 2024 |
 Hexigone Inhibitors | Seed | — | Jan 2024 |
 Spotta | Growth | — | Dec 2023 |
| RReboxed | Seed | — | Nov 2023 |
 Kuano | Seed | — | Sep 2023 |
 Oxford Medical Simulation | Unknown | $2.5M | Oct 2022 |
| Veremark | Series A | $8.5M | Jul 2022 |
 Howbout | Seed | — | Jun 2022 |
 Spirea | Seed | — | Jan 2022 |
 Monterosa | Growth | $3.5M | Jan 2022 |
 BMLL | Series B | $26M | Jan 2022 |
| RReboxed | Unknown | — | Sep 2021 |
 Nozzle.ai | Unknown | $2.6M | Nov 2020 |
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Top Co-Investors
Cambridge Angels11 shared
Samaipata5 shared
Stage 2 Capital5 shared
Animoca Brands4 shared
Parkwalk Advisors4 shared
Mercia Asset Management4 shared
Cambridge Enterprise3 shared
The Yield Lab3 shared
Nauta Capital3 shared
private angel investors3 shared
MMC Ventures2 shared
Future Planet Capital2 shared
Adjuvo2 shared
University of Cambridge2 shared
Angel2 shared
Innovestor2 shared
Oxford Innovation Finance2 shared
BGF1 shared
Unilever Ventures1 shared
Gresham House1 shared
Last updated: 20 October 2026