Angel investor network, Adjuvo, marks its members’ investments of a total of £73.6 million capital into British innovation and early-stage companies.
Through its members’ extensive experience and connections, the network has also introduced an additional £27.6 million of third-party capital to rising companies in the UK.
Since launching in 2015, the network has contributed capital to a total of 99 fundraising rounds; 32 first rounds and 67 follow-up rounds from Seed to Series C. These investments have helped to power the growth of Adjuvo investee companies and contributed to them creating over 1,500 jobs in the UK.
The current portfolio of investee companies includes 24 high-growth British businesses that have secured investment from the network’s 170+ members, comprised of respected UK business leaders, founders and entrepreneurs, as well as experts in financial and professional services. In total, there have been 500+ patents granted across the portfolio.
Adjuvo members’ most recent investments include £4 million into clean tech solution CCm Technologies which has also received funding from Innovate UK’s Sustainable Innovation Fund; £1.7 million into e-bike system, Skarper, which also counts Sir Chris Hoy as one of its backers, and £1.1 million into Slip, which is redefining receipts for leading retailers such as JD Sports.
To celebrate the success of the portfolio, Adjuvo brought together company founders and network members at its Annual Reception at the iconic One Marylebone.
Adjuvo CEO, co-founder and director, Mark Foster-Brown, said, “Adjuvo is not a traditional investor or VC. We’re proud to champion home-grown innovation and exclusively focus on constructive capitalism that benefits these portfolio companies and members, and which contributes to British entrepreneurship, innovation, and job creation.
“We thank our membership’s commitment to actively sharing their knowledge and expertise with investee company founders to not only help them succeed but fuel the Adjuvo network’s continued growth.
“Our future investments will focus on opportunities where our members can continue to advocate, introduce, and support outstanding founders who have the vision and ability to scale and reach profitability.”
