BAC Network
Also known as Business Angel Club Network, Business Angel Club Network Italia, BAC Network Italia, Business Angel Club
Turin-registered national association of about 20 local Business Angel Clubs whose members co-invest in early-stage Italian startups; first club started in Alessandria in 2023.
Not to be confused with the 2014 Business Angel Club (BAC) in Naples promoted by Digital Magics and 012Factory.
- HEADQUARTERS
- Torino, Italy
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
FOCUS
- STAGES
- Pre-SeedSeed
- SECTORS
- —
- GEOGRAPHY
- Italy
WHAT IT IS
Angel Network. Individuals investing their own money, organised as a syndicate or club.
ABOUT
BAC Network (Business Angel Club Network Italia) is a national association, registered at Corso Inghilterra 41, Turin, that coordinates local Business Angel Clubs in cities such as Alessandria, Genova, Napoli, Bari, Padova, Verona, Treviso and Vicenza (21 clubs listed on its site). Its site describes collective investments in which members co-invest in innovative startups, a central desk that screens startups and assigns an Investment Readiness Level before they pitch to local clubs, and a central service to complete investments. The first club started in Alessandria in May 2023 and the national association was formed in June 2024. Its company profile gives 15 active clubs, 10 more in start-up, 800+ club members and 300+ startups screened.
INVESTMENT THESIS
Co-investment by local business angels in early-stage innovative startups, outside the usual Milan, Rome and Turin hubs, combined with open-innovation links to local companies.
TEAM
LINKS
FAQ
BAC Network is a angel network based in Torino, Italy.
Yes. BAC Network invests directly in private companies.
BAC Network invests at Pre-Seed and Seed stages.
Key people at BAC Network include Alberto Giusti (Founder and President), Amerigo Marcelli (Founder and Director General) and Alessandro Immobile Molaro (Founder, Treasurer and CFO).
No. BAC Network invests its own capital and does not raise money from outside investors.