Brighton's South East Angels investment syndicate hits £1m milestone

By Stephen Emerson

24 July 2023

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South East Angels has hit a £1m milestone

South East Angels has exceed its target of £1m investment into start-ups since its inception.

Since being founded in November 2020 by Kristina Pereckaite, the group has been dedicated to "plugging the gap" in funding outside of London in the South East region.

South East Angels has invested in 15 companies across various sectors including medtech, proptech, SaaS, wearables, and sustainability.

South East Angels has had 32 local investors join the group to date, many of whom are exited-founders.

In addition to the milestone of surpassing £1 million invested, South East Angels has already achieved an exit with one of its portfolio companies, ORB Innovations.

Kristina Pereckaite, the founder of South East Angels, said: "We are extremely proud to have surpassed £1 million in investment and to have achieved an exit so early on. It is a testament to the engaged and active investor community we have built and continue to grow. We are excited to continue our mission to build the most active angel group in the South East, backing ambitious founders, and driving regional economic growth."

South East Angels are actively recruiting new members who want to become angel investors and are always keen to hear from South East based startups that are looking for funding. To learn more, visit: www.southeastangels.co.uk

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By Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.