A UK-based investment fund, Angel CoFund, currently focused around Bristol, is to be extended across the UK to support startups, spin-outs and small-to-medium enterprises (SMEs).

The fund typically makes investments between £100k ($150k) and £1m in a range of sectors, and collaborates with syndicates of business angels in order to support its investments. The fund has support 27 companies since its launch in 2011, and made £10m in investments which has been matched by a further £40m from its associated…

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