Two organisations facilitating investment in both startups and scaleups – BeAngels and investiere have joined hands to speed up the process of fund-raising and the development of European startups. These companies intend to create new success stories in Europe and let investors access a new asset class in the private equity sector. As a result of this exclusive partnership, BeAngels will offer Belgian investors access to the VC-centric platform developed by investiere.ch.
Enables cross-border investments!
Currently, it is tedious to create champions by investing in Europe, especially in select countries. While most seed investments are made locally, it is important to be able to finance companies over several phases of development while they expand internationally. As Europe is fragmented, the flow of capital is hampered by national borders and other constraints that sometimes does not pave the way for cross-border investment, according to the press release issued by both the organisations.
With this cross-border partnership, BeAngels and investiere.ch look forward to promoting startups going international and the creation of European champions. “With its innovative approach to investing in private equity and its understanding of the mechanics of venture capital financing, investiere.ch seemed to us to be an exceptional partner for investors who wish to further diversify their investment portfolio in the real economy in multiple European countries. Access to investiere’s financing platform becomes, moreover, an asset for the companies financed via our ecosystem because it gives them the possibility to finance the industrialisation and growth phases” says Claire Munck, CEO of BeAngels.
Invests finances starting from €10K
With investiere.ch as its exclusive partner, BeAngels will be able to make cross-border investments in Series A and Series B rounds. As a part of the partnership, both the organisations will identify the most promising startups, analyse them and present them to their online investors so that they can decide where to invest. Apparently, they will be able to offer a quality deal flow that lets investors participate in several rounds of investment starting from €10,000 per round. And, the financing will be completely digital as well.
Those companies that raise funds will benefit from financing ranging from a few hundred thousand to several millions of euros. Right now, BeAngels and investiere.ch will invest in companies located in Switzerland, Germany, and France.
“The partnership with BeAngels demonstrates the strong desire in Europe to work together and to innovate in the field of financing startups. Startups that are financed via our platform will be able to reach an even wider, international audience of investors. The BeAngels network will be able to offer its members an even greater project pipeline outside Belgium,” says Chris Gay-Crosier, head of International Investments at investiere.
A heads up about new partners
BeAngels offers investors with four different financing formulas and supports a network of business angels in fund-raising and investing in private equity ranging from pre-seed to pre-Series A rounds. With investiere.ch as its partner, it will extend up to Series B rounds. Currently, the network has over 370 affiliate members and is growing by 15% per year on the recruitment of new business angels. It facilitates between 30 and 40 fund-raising events per year and aims to double this figure thanks to this growth lever.
Talking about investiere.ch, it brings together 4,600 private investors on its platform and has made over 100 investments – worth over €120M – of which about 20 are outside Switzerland. In Belgium, it has invested in OncoDNA and S-Biomedic. Founded in 2010 by Lukas Weber and Steffen Wagner, investiere is backed by 68 business angels as well as the Zürcher Kantonalbank that took a minority stake in investiere in Summer 2016.
Main image picture credits: BeAngels
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