A new women-led business angel investment syndicate has been launched in a bid to encourage more women to invest while supporting female entrepreneurs who often get underfunded. The syndicate sees more than 30 of Wales’ most successful female business leaders unite to form Women Angels of Wales (WAW).
Facilitated by the Development Bank of Wales and Angels Invest Wales, it has been established to help support women in the early-stage investment community in Wales. As such it will invest equity into companies with female founders or co-founders.
As a syndicate, all deals will have access to the £8m Wales Angel Co-investment Fund which provides loans and equity up to £250,000 to investors looking for co-investment. However, there will be no predetermined group pot for the syndicate nor will it be limited by deal size.
