St. Louis Arch Angels Invest $3 Million In 2011

We love angel funds with great names like Arch Angels (get it St.Louis, Arch, Arch Angels?). The group of investors that has been around since 2005 announced their biggest year in funding was 2011 with $3 million in investments in a variety of early stage sectors.  Their investments range from health technology, to beverages and even backing a downtown St. Louis accelerator fund.

The angel group has 47 members and have invested $26 million in 28 companies since their founding in 2005.

Their leading investments in 2011 were $500,000 to Pulse Technologies. The health care company is working on developing a medical device to boost the effectiveness in clot dissolving drugs.

The groups second largest investment was $173,000 in a beverage company developed by Robert Paul, a neuropsychologist who after hearing about brain drinks decided if it was going to be done right he would do it himself. Arch Angels investment was part of a $900,000 round that also included former executives of Anheiser Busch.

Arch Angels other investments were in two more medical companies, Katalyst Surgical which received $123,000 for opthalmic instruments and $220,000 in Venti a medical device company focused on diseases of the veins.

They also contributed $375,000 to Capital Innovators the downtown accelerator fund. Capital Innovators has backed 12 startups that showed off their projects at a demo day held in the beginning of the month.



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