David Ovens

Chair at Scottish Athletics

2021 - Current

Scottish Athletics Ltd is the National Governing Body for Athletics in Scotland. It is affiliated to UK Athletics, which is in turn affiliated to World Athletics. Scottish Athletics is an organisation made up of its member clubs. There are approximately 150 athletics clubs across Scotland – offering opportunities for people of all ages to try out, train, embrace and compete in the various disciplines of athletics – and at all levels from jogging (through the jogscotland network) to Olympic and Commonwealth Games levels.

Joint Managing Director

2014

Appointed Joint Managing Director in February 2020. Previously Chief Operating Officer. Archangels has been at the forefront of early stage investing in Scotland for almost three decades. The firm manages investment of around £20m per annum from its members and co-investment partners. Our members invest in and mentor promising start-up and early stage companies from Scotland's vibrant technology and life sciences sectors.

Non Executive Director

2016

LINC Scotland is the national association for business angels in Scotland, with a membership which includes many active individual investors and most of the main angel groups or syndicates. It represent members at government level in Edinburgh, London and Brussels and was a founding member of both the European Business Angels Association (EBAN) and the World Business angels Association (WBAA). Since 1993, LINC Scotland has played a significant and active part in changing the business culture in Scotland and the Scottish business angel marketplace is now recognised as amongst the most developed in Europe. “The United Kingdom has been the most active angel market in Europe with Scotland being particularly active.” ‘FINANCING HIGH GROWTH FIRMS, THE ROLE OF ANGEL INVESTORS’ O.E.C.D., Paris, Dec 2011

Investor in various early stage companies

2011

Investor in early stage companies over a range of sectors including technology, IoT, healthcare, digital and infrastructure related businesses.

Chair at SIS Ventures

2019 - 2023

Vice Chair at SIS Ventures

2017 - 2019

SIS Ventures is a wholly owned, fund management, subsidiary of Social Investment Scotland. The fund aims to deploy half of its capital to a debt product for regulated social sector organisations, in line with the conditions of SITR. This will be invested as loans, with patient repayment periods, in asset locked social enterprises who require access to risk capital. The remainder of the capital will be invested as equity in mission driven businesses, essentially limited companies with a clear impact intent and mission lock. SIS Ventures will provide a mechanism to generate both social and financial returns and unlocking a significant amount of untapped capital for the sector. Social Investment Scotland is a charity and social enterprise which provides investment for other charities and social enterprises looking to make a positive impact on people’s lives, society or the environment. Since it started in 2001, Social Investment Scotland has invested nearly £60 million in organisations across Scotland.

Chief Executive

2011 - 2014

Invercap is an investment firm, managing a portfolio of investments in early stage companies across a variety of sectors.

Director and Head of Investment Banking (Scotland)

2007 - 2011

Assistant Director

2002 - 2007

Corporate Finance Executive

1997 - 2001

Corporate Finance Executive covering Public and Private M&A and Listed Company Advisory.

Trainee

1994 - 1997

Graduate trainee/Executive at Samuel Montagu (now HSBC Investment Bank). UK and International Corporate Finance