Angello Development Foundation

What they do

Angello Development Foundation is a UK-based organisation dedicated to "enterprise-led development" in frontier markets. Founded on Christian principles ("Kingdom values"), it operates as a network-the "Angello Tribe"-of business professionals and investors who combine financial capital with mentorship to support entrepreneurs in developing nations. Unlike a standard VC, Angello focuses on holistic transformation (financial, social, and spiritual), often entering markets that traditional capital avoids (e.g., Eastern Europe, Central Asia, Sub-Saharan Africa).

What they look for

Angello's core thesis is "Empowering Developing Nations Through Enterprise." They believe that sustainable income generation and job creation are the most effective ways to alleviate poverty. Their approach is explicitly faith-based, aiming to cultivate "Acts Communities" where business is an expression of spiritual values.

Stage

Seed, Series B+

Sectors

Healthcare, Food and agriculture, Edtech

Based

Belfast, GB