NordicBAN is an initiative by active angels and angel networks in the Nordic & Baltic region to support the linking of new startup investors, expanding the range of co-investing and cross-border investing best practices.
Type Angel Group

Investment info

Invests in
Product or prototype
Go to market
Growth and expansion
Investment range
€ < 25K
€ 25 - 50K
€ 50 - 100K
€ 100 - 500K
€ 0,5 - 1M
€ 1 - 5M
€ > 5M
Primary markets
Consumer, Companies, Marketplace
Investing in countries
Denmark, Finland, Norway, Sweden

Focus areas

Consumer Goods
Consumer Goods
Energy & Greentech
Energy & Greentech
Media & Entertainment
Media & Entertainment
See all 9 focus areas

Invests in SDGs

More about NordicBAN

NordicBAN's 11 angel network members represent over 1700 business angels in the Nordic & Baltic region. If one or several of their angels are keen about getting involved in your company, NordicBAN can help facilitate the investment round.


How much do they invest?

Usually Business Angels invest as a group 200.000€ or more


How do they work?

There should be an active lead investor who is financially committed. This is crucial as a local investor has better possibilities to attract foreign investors and support the due diligence process from an investor point-of-view.

In addition to the lead, the following is preferred:

  • Seeking 200.000€ or more.
  • 30% or more already committed to the investment round
  • Has previous funding (subsequent investment round)
  • Has international revenue / customer commitments

Please note that NordicBAN is an association, not investing itself. All information received is handled confidentially. 


This makes a difference to them

Both the entrepreneur and the investor should do their home work before the investment.

This time used to study the company liabilities and the commercial potential, called Due Diligence, is usually the time most investors regret not doing a proper job. It is said that over 20 hours of due diligence in a investment target increases the likeliness of success by over 60%. 


Key People

Nick Rose, Managing Director

Nick is based in Copenhagen and has in addition to arranging TechBBQ’s Investor Day, an entrepreneurial background with a PhD from Stanford. Nick  brings NordicBAN a new level of content and research experience to support cross-border angel investing in the New Nordic region. 

‭(+45) 26 25 35 29‬| nick.rose(at)

Claes Mikko Nilsen, Advisor

Co-founder & builder of FiBAN, world’s largest angel network. Also Co-founder of student entrepreneurship society BoostTurku, worked with startup guiding at EnterpriseHelsinki. Steering Board member at the Rising North Fund.

(+358) 50 49 13 001 | claes.mikko(at)

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