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Award-winning equity investors

Specialists in seed and early stage capital financing

 

About Avonmore Developments 

  • Avonmore Developments is a London-based early-stage investment firm started by Simon and Michael Blakey, two of the UK’s most experienced angel investors.

  • Since 2000, we’ve backed over 50 startups and participated in more than 100 funding rounds.

  • We prefer businesses in B2B SaaS, infrastructure, deep tech, and sector-specific platforms. Our focus on UK-headquartered teams, but are open-minded on where your customers are.

  • Simon runs Avonmore in the UK whilst Michael now invests across SE Asia through Cocoon Capital.

  • Our portfolio companies have gone on to raise money from leading VCs including Softbank, Index Ventures, Molten, Lower Carbon and QED amongst others.

  • With 25 years of experience we have plenty of know-how in how to successfully support entrepreneurs in the inevitable ups and downs of start-up life.

  • Simon is a board member of Cambridge Angels and chairs the Investment Committee at Playfair Capital (their £70M Fund III launched in 2023). He has also been on the Investment Committee of the UK Government-backed Angel Cofund since 2014.

What we invest in

We typically invest £50,000–£200,000 into UK-based companies with:

  • Strong founding teams with deep domain knowledge.

  • Technical or IP defensibility

  • Commercial traction, or a path to it

  • UK or Europe-based

  • Have raised <£1M institutional capital previously

We have no external investors but work with a range of high net worth investors, family offices and venture capital funds to raise larger syndicates.

How to get in touch

If you’re raising pre-seed or seed, and think we might be a fit we’d love to hear from you via the “contact us” button below

For details on our investment strategy, please take a look at our FAQs

Simon embraces the art of ‘yes’ in his approach to supporting and mentoring founders. It’s a yes from Simon to looking at pitches, a yes to providing a word of guidance and support, and a yes to giving careful and meaningful consideration to business ideas.
— Emmi Nicholl, MD Cambridge Angels