Press release_EBAN early stage association

Venture Capital Funds are investment funds that manage money from professional investors seeking private equity and equity-related securities (such as quasi-equity) in small and medium-sized firms (investee companies) with strong growth potential.

Early stage venture capital and seed funds are those who invest in the equity gap (500.000€ to 3 million€).

The growth of the angel market since the last 10 years has been impressive, with business angels having increasingly syndicated and co-invested with seed funds. From only 50 business angel networks identified across Europe in 1999, EBAN records in 2009 over 300 angel groups in the EU27. With venture capital activities having now moved to the later stages of the financing chain, the need for early stage financiers, including business angels and early stage and seed venture capital funds, to work together is today more actual than ever.

By opening to early stage and seed venture capital funds, EBAN took a further step to provide at voice at European level for all financiers involved in bridging the equity gap and helping high growth SMEs to realize their full potential and become world leaders. This opening is a great opportunity for those early stage funds interested in cross border investing with angels, sourcing new deals, and getting visibility in the business angels and early stage investment community.