Ada Ventures unveils regional angel investor program

London-based venture capital firm Ada Ventures has unveiled the second cohort of its angel investment programme, with members from across the UK.

Each of the 20 members of the Ada Ventures angel program will invest up to £50,000.

Check Warner MBE, founding partner of Ada Ventures, said: “It is 65% female, 20% black, 20% Asian, 15% LGBTQ+ and 10% disabled. We will only solve the toughest problems we face with talent from different backgrounds and different lived experiences.”

Warner added that an increased regional focus on technology is something he would like to see in Wednesday’s Spring Statement.

The full cohort of the Ada Ventures angel program is

  1. Beth Glenfield, Director of Women Who Code Belfast
  2. Bruce Walker, CEO and co-founder of FutureX
  3. David Newman, co-founder of Delio
  4. Aarushi Kapur, Head of Special Projects at BIOS Health
  5. Oyinkansola Adebayo, CEO and Founder of Niyo
  6. Christian Tooley, founder of i3 Investing
  7. Samantha Payne MBE, Founder of OpenBionics
  8. Izzy Obeng, CEO of Foundervine
  9. Richard Ng, CTO of greenworkx
  10. Pia Hauch, Head of Cabinet at Currencies Direct
  11. June Angelides MBE, Founder and Investor
  12. Amina Ahmad, Head of Community and Impact at Diversity VC
  13. Celia Hensman, co-founder and director of the Disability Policy Center
  14. Michael Tefula, CFO of CIRCA5000 and Atomico Angel
  15. Mandy Nyarko MBE, co-founder of Startup Up Discovery School
  16. Edwina Johnson, Global Head of Alloys
  17. George Thomas Jones, Director of Mental Health at Livi UK
  18. Beth Carter, Head of Growth at Flexa
  19. Sriya Sundaresen, founder of Transition Zero

said Ada Ventures UKTN is expected to reveal the final name of the cohort this week or next.

Izzy Obeng, founder of Foundervine, said: “As someone with lived experience of the challenges that ethnicity, economic background, gender and location have on entrepreneurial opportunities, I know firsthand the impact it can have when investment decisions are more objective, transparent and fair.”

In October, Ada Ventures closed £36 million in funding for its second early-stage startup investment fund.

“There is a massive amount of economic growth to be unlocked by increasing access to underrepresented founders in regions of the UK that most London VCs would only dare look at, let alone do anything about,” said Samantha Payne. MBE, founder of Open Bionics.

“I can’t wait to start writing angel checks with Ada Ventures and my Southwest money.”

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