Minerva Business Angels is an angel investment organisation operating through a network of institutions and universities since 2010. The group works with start-ups, scale-ups, and spin-outs, facilitating more than £40m in funding.
Portfolio
2
companies
Skyfarer
Skyfarer operates autonomous drone logistics for medical deliveries.
Tended
Tended builds wearable geospatial technology that protects railway staff and prevents accidents.
Alex Toft
Head of Minerva
Paula Whitehouse
Associate Dean for Enterprise at Aston University, and Director of the Aston Centre for Growth
Elizabeth Gooch
Entrepreneur and angel investor
Steve Churchhouse
Minerva Angel investor
Alexis Toft
Head of Minerva Business Angels
The drone logistics operator received backing from Minerva Business Angels to fund medical delivery trials in the West Midlands.
"Minerva is helping democratise the angel investing landscape with lots of innovative approaches to investing and has built a network of investors which is more typical of the community it serves."
The Lincoln technology start-up raised the capital through Minerva Business Angels and Innovate UK.
"After seeing Tended pitch a couple of times at Minerva events, one of Blackfinch Ventures directors expressed an interest in investing. Initially, I thought it was just him acting as an individual Angel, so when I heard the investment was to be through Blackfinch and they were interested in investing £810k, it came as quite a shock! It also came at just the right time as we had a number of very exciting opportunities opening up, which required a much larger cash injection than previously anticipated."
