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Business angel investments on the visible market in Europe in 2018, by country

This statistic presents the value of business angels investments in selected European countries on the visible market (reported angel networks) as of 2018. In that year, 109.4 million euros were invested by business angels in early-stage businesses in the United Kingdom (UK), and a further 58.7 million euros were invested in Spain. Data relates only to the visible market, which constituted approximately 10 percent of the total estimated market of angel business investors.

Value of business angel investments via angel networks (visible market) in selected European countries as of 2018

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Release date

November 2019



Survey time period


Special properties

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

Supplementary notes

The source adds the following comments: "The figures presented in this report are not representative of the entire European market. The survey falls short on accounting for the so called invisible market, which represents a consistent portion of the overall business angels' investments". This figure is not representative for the whole European market, only for business angels who are members of angel networks and therefore can be surveyed (according to the source approximately 10 percent of the estimated total market).

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