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Angel NetworkAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 14 SOURCES

Business Angels des Grandes Écoles

Also known as BADGE, Les Business Angels des Grandes Ecoles

Paris business-angel association created 2004 by grandes écoles alumni associations; about 300 members fund some 25 tech start-ups a year, about €200k per round on average.

HEADQUARTERS
Paris, France
FOUNDED
2004
AUM
—
OUTSIDE CAPITAL
—
TEAM LISTED
8 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.

  • SIBA BADGE 2019
    Members’ business-angel investment company (BADGE 2019 SAS)
  • SIBA BADGE 2025
    Members’ business-angel investment company; co-invested in Skydrone Robotics (Feb 2026)

ABOUT

Les Business Angels des Grandes Écoles (BADGE) is a non-profit association, recognised as of general interest, created in 2004 by alumni associations of French grandes écoles and based at the Maison des Polytechniciens in Paris. Its members invest their own money in mainly technology start-ups after a validation committee, an online selection committee, instruction by a member who commits to invest, and a monthly plenary pitch; some invest through member-owned SIBA vehicles. It reports about 300 members, around 25 start-ups financed a year, an average of €200,000 per round and more than €60M invested since its first investment in 2005.

INVESTMENT THESIS

Innovative, mainly technology start-ups with high growth potential at seed; about €200k per round on average, often with partner angel networks; around 80–100 projects presented to members a year out of 1,000+ applications.

PORTFOLIO (5)

  • Oteo Care
    HealthTech · since 2026
  • Skydrone Robotics
    Deep Tech · since 2026
  • MOÏZ
    Deep Tech · since 2025
  • StemInov
    Biotech & Life Sciences · since 2025
  • Optipus PV
    Climate & Energy · since 2025

TEAM

  • Paul Leondaridis
    President · source
  • Philippe Pernot
    Vice-President · source
  • François Levé
    Vice-President · source
  • Michael Schack
    Vice-President · source
  • Gilles Drouard
    Treasurer · source
  • Christian Nguyen-van-yen
    Secretary General · source
  • Catherine Delcroix
    President, SIBA BADGE 2019 · source
  • Corentin Gaudelot
    Délégué Général · source

LINKS

FAQ

Business Angels des Grandes Écoles is a angel network based in Paris, France, founded in 2004.

Yes. Business Angels des Grandes Écoles invests directly in private companies.

Business Angels des Grandes Écoles invests at Seed stage in Deep Tech, HealthTech, Biotech & Life Sciences and Climate & Energy.

Key people at Business Angels des Grandes Écoles include Paul Leondaridis (President), Philippe Pernot (Vice-President), François Levé (Vice-President) and Michael Schack (Vice-President).

Business Angels des Grandes Écoles's investments include Oteo Care, Skydrone Robotics, MOÏZ, StemInov and Optipus PV.

The most recent publicly reported investment by Business Angels des Grandes Écoles is Oteo Care (€1.2M round led by makesense seed II, with 50 Partners Santé, INSEAD Business Angels, Bpifrance and others), announced in Sep 2026.

Business Angels des Grandes Écoles states that it accepts submissions through its official contact page.