The focus of investments varies depending on the specific angel investor. Be sure to find an angel investing in your specific field of business.

Experience

NorBAN was established in 2008 as an individual angel network in Norway, while Business Angels Norway was established April 2016 as the Norwegian umbrella organization for business angels. These two organizations merged in 2023 to form a single national interest organization and network for business angel investors in the Norwegian early-stage ecosystem.

The members are typically individual angel investors and regional membership organizations of business angels.

How much do they invest?

A business angel invests time, money and other resources in somebody else’s company or project. This typically means somebody with experience, contacts and some funds helping an early-stage company or project get off the ground. Investment amounts will usually vary from 30kNOK to 500kNOK per angel, going into rounds of 500kNOK to 2-3MNOK, but the big value comes from the non-monetary support that an angel can provide to the startup.

How do they work?

NorBAN organizes a number of events, alone or together with partners. If you are looking to establish a relationship with a business angel, try attending one of our pitch-events.

This makes a difference to Angels

Relationships with business angels can take many different forms and they can help you in very different ways. Each angel invests according his/her own judgement and they all engage with startups with various degrees of active involvement.