What is Paris Business Angels?
Paris Business Angels stands out as the leading business angels network in France, dedicated to backing ambitious entrepreneurs and helping them grow. Since its creation in 2004, this vibrant association has brought together nearly 200 investors who specialize in early-stage investments, particularly pre-seed and seed rounds. With a portfolio that’s agnostic across sectors, Paris Business Angels has supported nearly 200 companies, putting its professionalism, experience, and significant investment volumes at the forefront of the French business angels scene. It’s more than just funding—it’s about vision, projects, and development, all aimed at ensuring the success of startups and the sustainability of investments.
Main Benefits and Key Figures
Joining forces with Paris Business Angels means tapping into a network that offers quality projects and a tailored investment process. Here are some key figures that highlight the impact and scale of their work:
- €50M invested across more than 250 companies in various sectors.
- 40% of companies see reinvestments after the first round—talk about commitment!
- Average first-round investment stands at around €300K in 2023 and 2024.
- About 10% of startups receive €500K or more from PBA members.
- Each year, 60 to 70 pitches are presented to the network’s members.
- At least 15 financings happen annually, including new participations and second rounds.
How Paris Business Angels Supports Startups
Paris Business Angels doesn’t just provide money—they offer a whole ecosystem of support. Members actively engage with startups, sharing their expertise and personal networks to accelerate growth. The network ensures startups get the financing they need, along with ongoing support that goes beyond the initial investment. It’s a community where exchange and conviviality thrive, making it easier for entrepreneurs to navigate challenges and seize opportunities.
Investment Process and Network Dynamics
The investment process at Paris Business Angels is designed to be both rigorous and personalized. Projects are carefully selected and analyzed to ensure high success rates. Investors benefit from a tailored process and training, which helps them make informed decisions and maximize their risk-return ratio. But beyond the numbers, the network fosters a lively atmosphere where members connect, share insights, and build lasting relationships. It’s this blend of professionalism and warmth that sets Paris Business Angels apart.
Highlighted Startups Backed by Paris Business Angels
The network has financed a diverse range of startups, from seed phase to acceleration, across multiple sectors. Some shining examples include:
- Bloom Alternance (2024, Edtech): A SaaS platform revolutionizing recruitment and student management for schools, integrating AI to streamline admissions and career management.
- Yelda (2020, Data AI): Enables companies to deploy their brands on voice assistants like Google Home and Alexa, handling customer service and purchases by voice.
- Combo (2017, HRtech): A SaaS solution simplifying HR tasks for SMEs, from attendance planning to payroll, with direct employee access.
- Biomemory (2022, Biotech): Pioneering DNA as a digital storage medium, offering incredible density and durability without energy consumption.
- Champerché (2020, Agtech): Urban agriculture startup promoting local, pesticide-free food production with hydroponics and organic farming.
- Mycophyto (2022, Biotech): Develops soil revitalization and plant biostimulation solutions to reduce fertilizer dependency and boost productivity.
- Veragrow (2023, Greentech): Creates natural biostimulants from worm compost to enhance nutrient absorption and crop yields.
- NA3D (2021, Edtech): Offers digital learning ecosystems connecting companies with educational experts, featuring adaptive learning and online collaboration.
Project Impact and Sustainable Development Goals (SDGs)
- SDG 2: Zero Hunger – through urban agriculture and sustainable food production (Champerché).
- SDG 4: Quality Education – via innovative Edtech solutions like Bloom Alternance and NA3D.
- SDG 9: Industry, Innovation, and Infrastructure – supported by biotech and AI startups such as Biomemory and Yelda.
- SDG 12: Responsible Consumption and Production – promoted by startups focusing on natural biostimulants and soil health (Veragrow, Mycophyto).
- SDG 13: Climate Action – through environmentally friendly agricultural practices and sustainable tech.
Contact and Community Engagement
For those interested in learning more or connecting, Paris Business Angels can be reached via email at contact@parisbusinessangels.com or by phone at 07 63 01 71 83. Their office is located at 16 rue de Turbigo, 75002 Paris. Stay connected and follow their latest updates on LinkedIn and Instagram. It’s a dynamic community where innovation meets opportunity, and where every investment is a step toward building a brighter future.
