Business Angels Network Catalunya (BANC)
Business-angel network created by the employers' association Cecot
Also known as BANC, Business Angels Network de Catalunya, Xarxa BANC
Catalan business-angel network set up by the employers' association Cecot; reported €11.8M of equity in 69 projects over its first 15 years (2018 release).
Not to be confused with MedAngels (the Barcelona Medical College's doctors' network) or with MED ANGELS, the Mediterranean investor network BANC co-founded.
- HEADQUARTERS
- Barcelona, Spain
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- Seed
- SECTORS
- —
- GEOGRAPHY
- Spain
Overview
Business Angels Network Catalunya (BANC) is a private association that connects business angels with entrepreneurs seeking finance; it was created at the initiative of the employers' association Cecot and the Fundació Autoocupació, with support from the Institut Català de Finances. It selects and analyses projects, sends investors a monthly project book and runs periodic investment forums, and also helps startups obtain ENISA participative loans and grants. In 2018 it reported €11.8M of equity in 69 projects and €5.2M of ENISA participative loans for 57 projects over 15 years, with 165 investors in 88 operations. For 2023 it reported €1,087,000 in equity and grant/loan processing for ten projects.
PORTFOLIO (7)
- Minoryx TherapeuticsNOTABLEBiotech & Life Sciences
- BillageSoftware & SaaS · since 2014
- SayfitConsumer & E-commerce · since 2014
- ManremycBiotech & Life Sciences · since 2014
- BCN Innova
- Test MotorsIndustrial & Manufacturing
- Roomtab SystemsSoftware & SaaS
People
Links
Frequently asked questions
Business Angels Network Catalunya (BANC) is a angel network based in Barcelona, Spain.
Yes. Business Angels Network Catalunya (BANC) invests its own capital in private companies.
Business Angels Network Catalunya (BANC) invests at Seed stage.
Key people at Business Angels Network Catalunya (BANC) include Míriam Casillas López (Coordinator (from 2024, succeeding Carlota Riba)), Albert Colomé (Director (as reported in 2015)) and Antoni Abad (President (as reported in 2008; also president of Cecot)).
Business Angels Network Catalunya (BANC)'s investments include Minoryx Therapeutics, Billage, Sayfit, Manremyc, BCN Innova, Test Motors and Roomtab Systems.
Business Angels Network Catalunya (BANC) states that it accepts submissions through its official contact page.
No. Business Angels Network Catalunya (BANC) invests its own capital and does not raise money from outside investors.