Cowley wings in as angel investor of year
Peter Cowley, a serial investor in the Cambridge technology heartland, was last night named Angel Investor of the Year at the UK Business Angels Association's Investment Awards.
Cowley is a long-term member of Cambridge Angels and also acts as investment director for Martlet, the investment vehicle of Cambridge industrial group, Marshall.
It was a good night for the Angel CoFund, the £100 million Government-backed fund backing British businesses. And several Cambridge organisations were involved in the Awards shake-up.
Cowley is the newest member of the organisation’s investment committee while the Angel CoFund-backed business Blu Wireless won the award for Best Syndicated Deal of the Year – a transaction that was Cambridge-led.
The awards are part of the International Festival of Business. The Angel CoFund, which invests alongside syndicates of business angels, started the night with seven portfolio companies in the running for awards.
Blu Wireless, a silicon IP company developing low cost 60GHz wireless technology, won the award for Best Syndicated Deal of the Year. This comes as a result of their successful $3.1m seed round led by Qi3 Accelerator – also based in Cambridge – who represented a syndicate of over $1.5m of London Business Angels private investors, including Wren Capital, with further funding from the Angel CoFund.
Other Angel CoFund-backed businesses which made the shortlist were Cambridge-based e-Go Aeroplanes, Basekit, YPlan, Albert Medical, JustInvesting, and Non-Linear Dynamics Group.