Angel group forms in the Nordics

The visible activity of angel investing is increasing and along this the amount of organisations making the activity visible. NordicBAN works with several forms of angel activity and according to our experiences, we have divided the activity in three categories to highlight group types.

​Below a ruff categorisation: 

1. Visible informal angel groups (“whatsapp groups”)
Individuals investing together with a less formal structure, very dymanic and often efficient. Typically investment capable group of friends. A good example Danish&Swedish NordicMakers.  

​2. Structured angel groups and funds
Typically a group with 3-30 angels who invest following a group leader, lead investor. An example is Gorilla Ventures, an angel fund from Finland or StartupLab’s “fuel” fond.

3. Angel networks
Typically large amount of members who pay a smaller membership fee or who are supported by the public. Usually focuses on sharing angel related material and representing the voice of angels towards the media and government. Network examples are EstBAN, DanBAN and FiBAN.

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