Avonmore Developments

Avonmore Developments is the personal investment firm of UK angel investors, Simon & Michael Blakey

Avonmore Developments is focused on investing in seed and early-stage businesses. Since 2000 Avonmore has invested in over 25 UK businesses and over 50 funding rounds. Our Singapore office has been running for 3 years and made 6 investments to date. In an initial funding round Avonmore generally invests between £100,000 and £250,000 of its own funds. This might be either as sole investor, or as part of a larger investment syndicate where Avonmore will often act as the lead investor. Avonmore will also generally follow its money in any future funding rounds of an investment. Avonmore is the brainchild of brothers Simon and Michael Blakey, two of the UK's first professional business angels. They were inspired by the developing market in the USA and thought there could be similar opportunities to support bright, talented and committed entrepreneurs in the, then still nascent, UK market. Since then, Avonmore has been instrumental in the development of the UK angel ecosystem. This has been through wide ranging talks, conferences, government advice and mentoring - both of entrepreneurs seeking investment and new angel investors. Avonmore's approach to deals is hands-on: mobilising other angel investors, working actively with entrepreneurs post-deal, and coordinating further funding rounds.