Adour Business Angels
Also known as ABA
Pau business-angel association created in 2009; members invest through member-owned venture companies (SCR ABA 1–3) and personally in startups in south-west France.
- HEADQUARTERS
- Pau, France
- FOUNDED
- 2009
- AUM
- —
- OUTSIDE CAPITAL
- —
- TEAM LISTED
- 2 people
FOCUS
- STAGES
- Seed
- ASSET MIX
- Venture capital
- GEOGRAPHY
- France
WHAT IT IS
Angel Network. Individuals investing their own money, organised as a syndicate or club.
ABOUT
Adour Business Angels (ABA) is an association of entrepreneurs and experts based at the Hélioparc technopole in Pau, created in 2009, that invests in startups in south-west France. It invests mainly through member-owned venture capital companies (sociétés de capital risque); the third, SCR ABA3, was set up in 2025 with €400,000 of initial capital to back companies in the Bordeaux–Toulouse–Adour basin area. Typical tickets are €75,000–€100,000 per round from the SCR, sometimes doubled under a partnership with the region, with some members investing personally on top. At its June 2026 presidency handover it reported more than €2M mobilised and about twenty startups backed since 2009; financed projects include Hector le Collector, WiicMenu and Libu.
INVESTMENT THESIS
Startups in south-west France with early commercial traction, a scalable innovation and positive social or environmental impact; €75k–€100k per round via the SCR, minority stakes of at most 25%.
PORTFOLIO (13)
- Climate & Energy · since 2024
- WiicMenuSoftware & SaaS · since 2024
- LibuConsumer & E-commerce · since 2023
- PureNatClimate & Energy
- Advanced Isotopic AnalysisDeep Tech
- Jolies CulottesConsumer & E-commerce
- ResairIndustrial & Manufacturing
- Bee&CoClimate & Energy
- BythewaveConsumer & E-commerce
- BlookUpConsumer & E-commerce
- PolyriseIndustrial & Manufacturing
- WikicampersConsumer & E-commerce
- ADV-TECHClimate & Energy
TEAM
LINKS
FAQ
Adour Business Angels is a angel network based in Pau, France, founded in 2009.
Yes. Adour Business Angels invests directly in private companies.
Adour Business Angels invests at Seed stage in Climate & Energy, Software & SaaS, Consumer & E-commerce and Industrial & Manufacturing.
Key people at Adour Business Angels include Rémy Caulier (President (elected June 2026)) and Christian Pouyanne (Former President).
Adour Business Angels's investments include Hector le Collector, WiicMenu, Libu, PureNat, Advanced Isotopic Analysis, Jolies Culottes, Resair and Bee&Co, among others.
Adour Business Angels states that it accepts submissions through its official contact page.