Danish Business Angels

About The Fund

Danish Business Angels, known as DanBAN, is a Copenhagen-based angel network specializing in providing capital and expertise to startups, particularly within the BioTech industry. With an investment ceiling of 1.2 million, they cultivate a community of over 300 investors who actively participate in boosting Denmark's entrepreneurial ecosystem. DanBAN functions as a non-profit organization entirely funded by annual member and partner fees, not requiring any commission on investments made. Central to DanBAN's operation are regular pitch events, held monthly, where innovative entrepreneurs showcase their startups, resulting in roughly 25% of these ventures securing an investment. Beyond financial support, the organization embraces a mission to develop the professional competency of investors through a broad education program that includes a Business Angel Program, Board Education, and access to the European Business Angels Network (EBAN) resources. Furthermore, their commitment to diversity and the ethical growth of startups is evident through initiatives like the Diversity Manifesto and their recommendations to the government on entrepreneurial policy. To facilitate the connection between startups and potential investors, DanBAN also offers free applications for startups eager to pitch. DanBAN prides itself on accolades from EBAN, which acknowledges high-performing members annually. Their network extends to partnerships with key ecosystem players, from venture funds and banks to advisory services, to enhance value for their members through exceptional networking and educational events. DanBAN's reputation is built on the strength of its network, the expertise of its investors, and the success stories of the startups they have fostered, ensuring meaningful investing in partnership with like-minded business angels.