Addidi a business angel group founded by a group of female entrepreneurs has invested in Cupcake a group of London clubs and cafes aimed at families and run by ‘mumpreneur’ Karen Hastings.

Addidi was set up by 100 women who each committed £20k, giving a pooled fund of £2m to be invested via a limited liability partnership into small growth businesses. An independent investment panel evaluates business proposals on behalf of the LLP.

Tags: Addidi, business angels, female business angels, female entrepreneurs, mumpreneur