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Be Angels

Europe, Vlaams-Brabant, Belgium, Louvain-la-neuve

Description

Be Angels is a prominent business angel network based in Belgium, specifically operating out of Louvain-la-Neuve. Established as a key player in the European early-stage funding landscape, the organization serves as a crucial bridge connecting promising startups with a diverse pool of private investors, known as business angels. Their primary focus lies in seed and early-stage investments, targeting innovative companies across various sectors that demonstrate high growth potential. Be Angels plays a vital role in fostering the entrepreneurial ecosystem in Belgium by providing not only capital but also strategic guidance and mentorship through its extensive network of experienced investors.

The network facilitates funding rounds for startups, with the typical investment size ranging from €50,000 to €1,000,000 per company. This translates to approximately $54,000 to $1,080,000, based on recent exchange rates. While individual angels within the network may contribute smaller amounts, Be Angels aggregates these contributions to form substantial early-stage rounds. They primarily seek companies that are past the ideation phase and have a clear business model, often with initial traction or a minimum viable product. Their investment approach is sector-agnostic, though they show a strong inclination towards innovative ventures that can scale.

Since its inception, Be Angels has demonstrated a significant impact on the Belgian startup scene. The network proudly states that it has facilitated over €100 million in investments for startups, underscoring its substantial contribution to capital formation for emerging businesses. Furthermore, Be Angels has successfully supported more than 400 companies, helping them secure the necessary funding to develop their products, expand their teams, and penetrate new markets. This extensive track record positions Be Angels as one of the most active and influential angel investor groups in Belgium, dedicated to nurturing the next generation of successful enterprises.

Investor Profile

Be Angels has backed more than 22 startups, with 1 new investments in the last 12 months alone. The firm has led 7 rounds, about 32% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Belgium, France, Spain.
  • Strong thematic focus on SaaS, Software, Health Care.
  • Led 1 rounds in the past year.
  • Typical check size: $54K – $1.1M.

Stage Focus

  • Seed (73%)
  • Pre Seed (9%)
  • Series Unknown (9%)
  • Series A (5%)
  • Grant (5%)

Country Focus

  • Belgium (64%)
  • France (18%)
  • Spain (9%)
  • Luxembourg (9%)

Industry Focus

  • Saas
  • Software
  • Health Care
  • Information Technology
  • Edtech
  • Hospital
  • Medical
  • Education
  • Training
  • Personal Health
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Be Angels frequently co-invest with?

Femmes Business Angels
Europe, Ile-de-France, France, Paris
Co-Investments: 1
NF
Europe, Nord-Pas-de-Calais, France, Lille
Co-Investments: 1
BAN Vlaanderen
Europe, Limburg, Belgium, Hasselt
Co-Investments: 2
Angels Santé
Europe, Ile-de-France, France, Puteaux
Co-Investments: 1
Paris Business Angels
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Sambrinvest
Europe, Hainaut, Belgium, Gosselies
Co-Investments: 5
Fotolia
North America, New York, United States, New York
Co-Investments: 1
B2BOOST
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Uccle
Co-Investments: 1
WING by Digital Wallonia
Europe, Liege, Belgium, Liège
Co-Investments: 5
Bpifrance
Europe, Ile-de-France, France, Maisons-alfort
Co-Investments: 1

Which angels does Be Angels often collaborate with?

JT
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
JR
North America, New York, United States, New York
Shared Deals: 1
FV
Europe, Brabant Wallon, Belgium, Ottignies
Shared Deals: 1
Shared Deals: 1
FM
North America, New York, United States, New York
Shared Deals: 1
TE
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
Shared Deals: 1
BK
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Be Angels?

NIUM

Esch-sur-alzette, Luxembourg, Luxembourg

NIUM is a startup focused on gut-microbiome research and nutrition

BiotechnologyFood ProcessingNutrition
SeedSep 11, 2024
Amount Raised: $522,990
Remixt

Paris, Ile-de-France, France

Powerful analytics to prevent critical churn, legal, and reputation risks generated by the lack of Diversity, Equity & inclusion.

Human ResourcesSaaSSoftware
GrantOct 1, 2023
Amount Raised: $443,693
DeftHedge

Paris, Ile-de-France, France

DeftHedge is an application addressed to business leaders, and CFOs facing volatility of foreign exchange market.

Software
SeedFeb 14, 2023
Amount Raised: $966,211
Savics

Uccle, Brussels Hoofdstedelijk Gewest, Belgium

Savics is a digital health transformation company.

Health CareHospitalMedicalPersonal HealthWeb Apps
Pre SeedJan 27, 2023
Amount Raised: $78,000
HeartKinetics

Gosselies, Hainaut, Belgium

HeartKinetics AI solutions empower motion and ECG wearable sensors to intercept heart failure and cancer cardiotoxicity

Health CareHealth DiagnosticsWearablesWellness
SeedDec 29, 2021
Amount Raised: $1,506,310
Flowchase

Louvain-la-neuve, Vlaams-Brabant, Belgium

Flowchase helps English learners speak confidently to achieve success in higher education classrooms and the workforce

EdTech
Pre SeedFeb 21, 2021
Amount Raised: $412,239
BeInfluence

Brussels, Brussels Hoofdstedelijk Gewest, Belgium

BeInfluence is a content creator agency that helps clients develop influencer marketing strategies.

Marketing
SeedOct 31, 2020
Amount Raised: $467,100
4.5.6 Skin

Gellainville, Centre, France

4.5.6 Skin operates as a beauty tech startup.

BeautyCosmetics
SeedOct 1, 2020
Amount Raised: $822,084
Next Gate Tech

Luxembourg, Luxembourg, Luxembourg

Next Gate Tech is Shaping the Future of the Fund Industry Technology

FinTechInformation TechnologySaaSSoftware
SeedDec 11, 2019
Amount Raised: $389,668
Utopix Pictures

Mont-saint-guibert, Brabant Wallon, Belgium

Utopix is a team determined to find the perfect photographer/videographer for you and will help carry out all your business projects.

Photography
SeedMay 28, 2019
Amount Raised: $815,286