Angel syndicate Tricapital's record year provides backing for 500 Scottish jobs

A Scottish business angel syndicate has helped to create and secure more than 500 jobs thanks to its record investment programme.

Tricapital Angels has completed 18 deals over the past 12 months, with its high-net-worth members pumping more than £3.5 million of their own money into some of the country’s most innovative companies. That investment has leveraged close to £30m of investment overall, including £3.1m from Scottish Enterprise, and helped to create or secure in excess of 500 jobs in sectors such as artificial intelligence (AI), biotechnology and renewable energy.