NordicBAN is an initiative by active angels and angel networks in the Nordic & Baltic region to support the linking of new startup investors, expanding the range of co-investing and sharing cross-border investing best practices.  

The vision is to make the Nordics one of the most recognized and dynamic regions in the world for startups to receive business angels investments.

Angel Networks

Business Angels Linked

M€ Invested in 2016

Read more about NordicBAN here.

“I know most of the Nordic VCs,  but too few angels outside my own region – We need more networking opportunities among angels.

​Moaffak Ahmed
Serial Entrepreneur and Super Angel
Finnish Business Angel of the Year 2015

Find more Nordic Angels here.

Nordic Business Angel Statistics

NordicBAN gathers and shares angel investing statistics to increase the knowledge and understanding of startup investing.

2%​

Acquired per Angel

The total acquired share is larger as angels typically invest in groups of 3-5. Angels never take the majority ownership.

€218.500 ​

Group Investment

90% of angel investments are done in investment groups.

67%​

Full or Part-time Investors

22% of the angels are full-time investor, which can take lead and actively seek additional co-investors.

Read more here.

Active Nordic Angels

NordicBAN's over 10 angel networks represent together over 1700 business angels in the Nordics and Baltics. NordicBAN focuses on building tight investor relations supporting the matching of angel led cross-border startup syndicates. 

Tor Bækkelund

Norway

Stiina Lehti

Finland

Rein Lemberpuu

Estonia

Esben Gadsbøll

Denmark

Find more Nordic Angels here.

Matching Angel Led Startups

NordicBAN supports the matching of angel led startup syndicates with NordicBAN angels. 

Startups communicated should have an active lead investor who is financially committed. This supports the creation of trust and the due diligence process.

Read more and submit here.

Expected from a Startup communicated

• An active lead investor.

In addition, the following is preferred:

• Seeking 200.000€ or more.
• 30% or more already committed to the investment round
• Has previous funding (subsequent investment round)
• Has international revenue / customer commitments. ​

Startup Investing Material

Relevant business angels investing material with a Nordic twist. 

Handbook for Nordic Business Angels

Guide to Finding An Angel Investment

ANGEL INVESTMENT STAGES

Screening

Investing

Growth

Exit

Read more here.

Nordic Business Angel Networks

NordicBAN's angel network members represent over 1600 business angels in the Nordic & Baltic region. 

Find out more about their activity here.

Nordic Business Angel News

You can find the latest Nordic angel news here and sign up for our newsletter here (ca once a month).