Archangels - Making The Future

The Board

Core Members

The Core members of Archangel Investors Ltd are responsible for making the final decision as to whether or not to invest in a new opportunity. The core members comprise five Directors who must agree unanimously on any investment and, by doing so, are committing a minimum of £100,000 between them to the investment requirement. The Board meets regularly to review the performance and needs of the portfolio companies.

Gavin Gemmell

Gavin GemmellGavin Gemmell is an investor director of three Archangel investments. He retired as joint senior partner of fund managers Baillie Gifford in 2001, after 37 years. Chairman of Scottish Widows and a Director of Lloyds TSB Group until October 2007. Chairman of Court Heriot-Watt University from 2002-2008 and awarded an honorary degree in 2009. Gavin was Chairman of Archangels from 2008 to 2014.


Mike Rutterford

Mike RutterfordMike Rutterford is a serial entrepreneur  with a 40 year  career as a Business Angel and in property investment. Educated in Edinburgh, in his 20s he launched Stuart Wyse Ogilvie and over a ten year period developed the estate agency into the biggest in Scotland subsequently selling to General Accident in 1987.

He co-founded Archangel Informal Investment Limited (now Archangel Investors Limited) with business partner Barry Sealey in 1992. The syndicate is now 20 years old, involved in 100 start up businesses, investing £100m. He is still a board member of Archangels and ex-board member of the Entrepreneurial Exchange. He has a number of investments in property and land deals in the UK and abroad. He is an avid sailor and is a proud father and doting grandfather of 5.


Eric Young

Eric YoungEric Young, based in Edinburgh, has made several investments in start-up companies in recent years. He is a Chartered Surveyor active in the commercial property market throughout the UK.  Eric became Chairman of Archangels in March 2014.





Alastair Salvesen

Alastair SalvesenAlastair Salvesen is a Chartered Accountant and a Director of Archangels and one of their companies. He is Chairman of Dawnfresh Seafoods Ltd, and Dovecot Studios Ltd and a Director of several other companies. He is Deputy Chairman of the Fettes Trust and a past president of the Royal Highland and Agricultural Society and the British Frozen Foods Federation. He is also a Farmer and Forester and enjoys the countryside and developing young businesses in Scotland.



Geoffrey ball

Geoff Ball

Geoff Ball was the Chief Executive of Cala from 1974 until his retirement in 2009. He led the Management buyout and subsequent sale of the business. He was also Chairman of McCarthy & Stone and was for many years on the boards of Standard Life and Scottish Mortgage Investment Trust. He is a past president of the UK Homebuilders Federation.




Stuart Paul is Managing Partner of First State Stewart , an investment management team withinStuart Paul First State Investments. Based in Edinburgh, Hong Kong and Singapore the team has invested in Asian and Global Emerging markets since 1988 and now invests in equities globally on behalf of their clients. Stuart is an Associate member of the UK Society of Investment Professionals, a CFA charterholder and a member of the Institute of Chartered Accountants of Scotland. He is a Director of Personal Assets Trust plc.




Latest News

Archangels reports exceptional year of investment in Scottish businesses

24 Feb 2015
Archangels, the prominent business angel syndicate which has been at the forefront of early stage investing for over two decades, announces today (Tuesday 24th February) that 2014 represented one of its most active years for investment in Scottish-based early stage and established technology and life sciences businesses and provided strong levels of returns for investors.

Archangels and SIB invest £3.3m in three Scottish companies

15 Feb 2015
Archangels, the prominent business angel syndicate which has been at the forefront of early stage investing in Scotland for more than two decades, announces that, alongside Scottish Enterprise's investment arm, Scottish Investment Bank (SIB), it has completed additional rounds of funding totalling over £3.3m for three growing Scottish businesses.

Powerphotonic - Beam Shaper Optics for Industrial Materials Processing

01 Oct 2014
PowerPhotonic continues to expand its range of beam shaper micro-optics for industrial materials processing. There are options for all laser types including single mode and multi-mode lasers. Designed in UV-fused silica glass, they are ideal for multi kilowatt high power applications. Greater than 95% intensity uniformity can easily be achieved

Airborne Energy in action

20 Sep 2014
Airborne Energy's vertical axis turbines have now been installed on several test sites. Click on the link below to view one in action.

Cable gets to grips with Great British design

25 Jun 2014
Business Secretary, Vince Cable, saw bionic limbs, an airship and a model of a hypersonic aircraft when he launched the ‘Pioneering Great British Products' report at Liverpool's Life Sciences University Technical College.