Alsace Business Angels

What is Alsace Business Angels?

Alsace Business Angels is an angel investor network established in 2006 with a mission to stimulate local economic growth in Alsace and the Greater East region of France by supporting innovative projects with strong development potential. Operating from their headquarters at 9 Boulevard Gonthier d'Andernach, Illkirch-Graffenstaden, the network brings together business angels who are keen on leveraging the power of a collective to back entrepreneurs. With an investment range from 60,000 to 200,000 euros, they focus on early stage, seed, and Series A rounds, primarily investing in startups based in Alsace.

The network has 78 business angels who not only provide capital but also offer operational support through the sharing of experience, skills, and networks, thereby empowering young entrepreneurs and startups to achieve their ambitions. The firm boasts 43 investments in innovative projects across their territories and has channeled 7 million euros of venture capital through its 5 investment funds and members. Alsace Business Angels emphasize the importance of not just financial support but also advisory and mentoring services, which are crucial for the growth and maturation of startups.

In addition to nurturing promising local ventures, the network invites entrepreneurs and executive leaders to share their knowledge and participate actively in the economic development of their region.

A historic partner in their journey has been the Caisse d'Epargne Grand Est Europe, which is intimately involved in the regional innovation ecosystem, providing tailored services to over 200 startups and innovative companies through their Nobusiness initiative. This partnership reflects over a decade of collaborative efforts to foster innovation and support enterprises with genuine affinity.

What they say:

We invest in Alsace based startups