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Manchester Angels

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Investment thesis

Manchester Angels is a technology and life sciences-focused angel investment network founded by GP Bullhound and Bruntwood, comprising nearly 40 exited tech entrepreneurs. The network's mission is to create one of Europe's leading angel networks, supporting Manchester's ambition to become a globally significant digital city by placing tech at the heart of the region's economy. It invests capital and expertise in the region's leading technology startups — specifically companies in the 10 boroughs of Greater Manchester raising under £1M with a pre-money valuation under £5M. Manchester Angels addresses what it describes as the 'crucial missing link' in the city's tech ecosystem: the sharp decline in seed and pre-seed funding as a proportion of total UK tech investment. The network connects high-growth, disruptive technology businesses with experienced angel investors who can both invest and mentor, working alongside institutional investor partners including Praetura Ventures, Octopus Ventures, Northern Gritstone, and HSBC Innovation Banking.

Notable quotes

Manchester Angels will address this critical component of the ecosystem by providing early stage companies with access to high quality and experienced technology investors, ensuring the region continues to incubate, support and build the most exciting technology businesses of the future.

David Levine · Manchester Digital / Bruntwood launch announcement · 2022

As a relatively new angel network, we're excited to partner with Cambridge Angels to leverage their expertise in building out the region's key early-stage investment organisation to support amazing founders disrupting large markets all over the world.

David Levine · Cambridge Angels partnership announcement · 2023-10-27

According to Tech Nation's 2021 Report, over £13bn in investment was raised for UK technology businesses. Yet nearly 60% of that funding went to businesses based in London and the South. With levelling up high on the political agenda, it is essential we build on the work organisations such as the Manchester Tech Trust have done and leverage the success local tech entrepreneurs have had to support the aspirations of the next generation of entrepreneur to attract investment to the region.

Ed Prior · Bruntwood / Manchester Digital launch announcement · 2022

Recent investments

CompanyRoundSizeDate
MolymemPre-seed2024-02
PeripearPre-seed2025
KareHeroPre-seed2025

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