ABAB (Atlantic Business Angels Booster)

ABAB, or Atlantique Business Angels Booster, is a prominent business angels network based in Nantes, France, dedicated to fostering the growth of innovative startups. Established with the mission to finance and support high-potential companies, ABAB primarily focuses on the seed and creation phases of development. The network plays a crucial role in the entrepreneurial ecosystem of the Pays de la Loire region, connecting promising ventures with experienced individual investors.

ABAB's investment strategy is centered on providing crucial early-stage capital to innovative businesses across various sectors, including digital technology, health, industry, and environmental solutions. They are known for their flexible approach, intervening at the very beginning of a company's lifecycle. Beyond financial injection, ABAB emphasizes active mentorship and strategic guidance, leveraging the diverse expertise of its extensive network of over 100 business angels to help portfolio companies navigate challenges and accelerate growth.

Since its inception, ABAB has demonstrated a significant commitment to supporting the French startup scene. The network typically invests initial cheques ranging from €50,000 to €500,000, which translates approximately to $54,000 to $540,000 USD, depending on the prevailing exchange rates. Their impact is substantial, having financed over 100 companies to date, with a cumulative investment exceeding 20 million euros. This track record underscores ABAB's position as a key player in early-stage venture funding in Western France.