BANA Angels

Overview

BANA Angels is the first and most active angel investment network in Armenia, comprising a diverse group of investors, entrepreneurs, and executives from Armenia and abroad. The network focuses on providing early-stage venture capital to startups, aiming to foster innovation and economic growth within the country. Members contribute not only capital but also their expertise and networks to enhance the success of the startups they invest in. In addition to financial support, BANA Angels actively works on developing the local investment environment by organizing various programs and workshops. Notably, they have partnered with SAP to launch the SAP Startup Factory by BANA, an acceleration program designed to integrate B2B startups into SAP's extensive client base. This initiative reflects BANA Angels' commitment to connecting Armenian startups with global opportunities and resources. Through its strategic investments and collaborative efforts, BANA Angels plays a pivotal role in nurturing the entrepreneurial ecosystem in Armenia, supporting a wide range of industries, and contributing to the country's economic development.

Investment Focus

• Innovative business model
• Scalable growth potential
• Strong management team
• Clear market demand
• Competitive advantage

Portfolio Companies