Companies financed by business angels by country

In 2021, over 1,000 companies were supported by business angel investors in angel networks in the Finland. A total of 1,049 companies were financed by angel investors in the Finland, followed by Estonia and the United Kingdom, with 774 companies and 701 companies supported by business angels, respectively. The top five is completed by France and Denmark, with a respective 575 and 366 companies financed by angel investors.

Number of companies financed by business angels in angel networks (visible market) in selected European countries as of 2021

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Release date

October 2022

More information

Region

Europe

Survey time period

2021

Special properties

business angel networks, national federations and other early stage investors.

Supplementary notes

The source adds following comments: "The figures presented in this report are not representative of the entire European market. The survey fails short on accounting for the so called invisible market, which represents a consistent portion of the overall business angels' investments". Data relates only to the visible market, which constituted approximately 10 percent of the total estimated market of angel business investors.

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