The 2024 EBAN Annual Congress in Tallinn, co-organised with Estonian Business Angels Network (EstBAN), has been a rounding success, bringing together 600+ angel investors and entrepreneurs, 50+ startups from around Europe and beyond, and 800+ networking meetings taking place throughout the week! This year we have featured premier workshops, insightful keynote speeches, and celebrated our community's achievements.

During the EBAN Gala Awards Dinner, angels from across Europe celebrated those who have made the greatest impact within the community.

The creation of a new angel network, SWEBAN Network (formerly Nordic Angels) was formally announced at the recent EBAN Congress by EBAN board member, Christine Bjärkby.   Their ambition is to provide a home for Angel Investors within the region and to support the growth of existing/new business angel groups within the region. It has always been a challenge for angels to find corporations within the Sweden, therefor SWEBAN wants to be a light house for the community to grow in the country.

EBAN interviewed Christine Bjärkby at the event.

The Development Bank of Wales has invested £250,000 in a £440,000 a funding round for Tendertec whose AI-powered technology is helping to keep the elderly healthy, independent and safe.  

EMV Capital, a VC investor specialising in high-growth deep tech companies, has led a c.£3.4m investment round into its portfolio company Sofant Technologies, a leading edge wireless technology company developing next generation phased-array antenna platforms.

The fundraising was led by EMV Capital, syndicated from its cohort of private EIS investors, and joined by Kelvin Capital and Scottish Enterprise. The company is now set to execute its go-to-market strategy, using funds from this investment round to deliver satellite terminals to SatCom operators and their clients in aerospace, defence and security and civilian applications. Sofant has made significant product commercialisation progress, including development contracts with Inmarsat (now part of Viasat), the European Space Agency and a global defence company.

West London startup, Aeropowder, whose innovative solutions made from surplus feathers offer a sustainable alternative to single use plastics and other harmful materials, has secured a £150,000 investment from British Design Fund and business angels.

Oxford University Innovation (OUI) has appointed Dr Mairi Gibbs as its news Chief Executive Officer.  Mairi has a track record of more than 20 years in university technology transfer including multiple roles leading strategic business management and operational areas of OUI.  

KYMIRA, a smart garment company developing specialist infrared technology to aid recovery in athletes, has again received investment from two Henley Business Angels members, contributing to a £1.1m funding round. The funding round was achieved through private investment and a £500k grant as part of Henley Business Angels’ Investor Partnership with Innovate UK.

GP Bullhound has announced the release of its Titans of Tech 2024 report. For the tenth year in a row, GP Bullhound has released its annual Titans of Tech report, highlighting and analysing the growth trends in Europe's tech ecosystem. This comprehensive analysis underscores the resilience and growth of Europe's tech sector, setting the stage for a new era of innovation and investment.

USA: S2N Health, Inc. has successfully secured seed funding to fuel the growth of the company’s RepSignal^TM medtech customer intelligence SaaS platform, and to develop a robust roadmap of AI-powered solutions for accelerating the market impact of healthcare technologies. The round was led by Excelerate Health Ventures, a premier digital health fund focused on healthcare software and technology-enabled services, with participation from other established healthcare and technology investors, including Boston Millennia Partners and Robin Hood Ventures. 

FRANCE: En Carta Diagnostics, a deeptech start-up developing rapid Point-of-Care (POC) molecular diagnostics kits, has announced €1.5M ($1.63M) in pre-seed funding. This investment will enable En Carta to make a substantial leap forward in achieving preclinical data on a prototype diagnostic kit for its flagship indication, the debilitating Lyme disease, while ensuring its ability to scale industrially. 

Sussex-based angel investment group South East Angels is proud to announce its recent investment in Skyverse - a startup delivering technology solutions to air traffic control teams.