Female angel syndicate helps Northern founders raise almost £2.5m in first year

A female angel syndicate has helped founders across the North to raise over £2.4m since it was founded last July.

Women Angels of the North was set up by Fund Her North in response to figures announced in The Rose Review of 2019, which identified that only 1% of venture capital funding went to female founders. In the latest report, those figures had risen to 6%.

Since it was established in 2021, Women Angels of the North has closed seven deals leveraging £2,406,000 for six businesses, including: Safer Date, Atelerix, Rarecan, Chu Lo and Dear Bump.