About Business Angels
Business Angels, established in 1997, is an angel investment group based in Zurich, Switzerland. It primarily focuses on Seed investments in companies in Switzerland. Its portfolio includes 25 firms, spanning the Food and Agriculture Tech, Retail sectors. Its most notable investments include companies like Bioversys, Voltiris and Ecorobotix. As of Oct 2026, Business Angels has witnessed 3 portfolio exits. Its latest investment was a $1.43M Seed round in qCella on Jan 21, 2025, which also saw participation from Kickfund and Aare Ventures.
To date, 36 investors have co-invested in Business Angels's portfolio companies, including prominent names like Verve Ventures.
Key Metrics
Founded Year
1997
Location
Zurich, Switzerland
Sectors of Investment
Stages of Investment
Seed, Series A & 1 more
Locations of Investment
Business Angels' List of Top Investments
Business Angels has a portfolio of 25 companies. Their most notable investments are in WeGaw and ActLight.Their portfolio spans across Switzerland, France and Poland. They have invested in Food and Agriculture Tech, Retail, Life Sciences and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Business Angels:
1. Bioversys
Developer of therapeutics for Antimicrobial Resistance. The company is focused on developing and commercializing antibacterial products for serious life-threatening infections caused by multi-drug resistant (“MDR”) bacteria. The company's pipeline includes BV100 for Acinetobacter baumannii and Alpibectir for tuberculosis.
Key facts about Bioversys
- Founded Year: 2008
- Location: Basel (Switzerland)
- Stage: Public
- Total Funding till date: $62.5M
- Employee Count: 44 as on Sep 30, 2026
- Investors: Gates, European Investment Bank and 10 Others
- Latest Funding Round: Series C, Jan 05, 2023, $*****
- Highlight: Public
2. Voltiris
Developer of solar modules compatible with greenhouse crops. The company’s spectral filtering technology transmits light frequencies needed for crop growth. It converts unused parts of the spectrum into renewable energy. The solution integrates into existing and new greenhouses. The spectral filter transmits light essential for crop growth. Two-axis tracking extends the daily energy production window. Reflector design ensures optimal energy production.
Key facts about Voltiris
- Founded Year: 2021
- Location: Lausanne (Switzerland)
- Stage: Seed
- Total Funding till date: $6.87M
- Employee Count: 41 as on Aug 31, 2026
- Investors: Swiss ICT Investor Club, 3M and 6 Others
- Latest Funding Round: Seed, Jan 28, 2025, $*****
3. Ecorobotix
AI-powered precision agriculture technology for sustainable crop care and increased efficiency. The company provides plant-by-plant care solutions, leveraging artificial intelligence and computer vision to revolutionize farming practices. Their core offering includes precision field sprayers and AI crop algorithms designed to optimize resource utilization, drastically reduce plant protection product usage, and improve soil health and biodiversity. The technology enables ultra-high precision treatment, distinguishing between crops and weeds for targeted application. This leads to cost savings, increased efficiency, and a more sustainable approach to crop protection. The company's solutions cater to the agriculture industry, offering a software-driven approach to enhance crop yields and promote environmentally responsible farming.
Key facts about Ecorobotix
- Founded Year: 2014
- Location: Yverdon les Bains (Switzerland)
- Stage: Series D
- Total Funding till date: $230M
- Employee Count: 307 as on Sep 30, 2026
- Investors: Linfluence Tech, Highland Europe and 20 Others
- Latest Funding Round: Series D, Oct 13, 2025, $*****
- Highlight: Editors' Pick
4. Odne
Developer of medical devices for root canal treatment. The company is pioneering the development of endodontic devices known as Odne Fill, through proprietary technology to deal with root canal treatments.
Key facts about Odne
- Founded Year: 2017
- Location: Dubendorf (Switzerland)
- Stage: Series A
- Total Funding till date: $14.4M
- Employee Count: 18 as on Aug 31, 2026
- Investors: Zurcher Kantonalbank, Venturelab and 11 Others
- Latest Funding Round: Series A, Jun 13, 2025, $*****
- Highlight: Editors' Pick
5. Reezocar
Reezocar is an online platform that provides concierge-based car buying, leasing & financing services in Europe. The platform assists users throughout the used car purchase lifecycle such as car search, negotiation, inspection, finance, and logistics, and paperwork. It also provides registration and administrative support for cars imported from other countries within the EU.
Key facts about Reezocar
- Founded Year: 2013
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $3.88M
- Employee Count: 89 as on Sep 30, 2026
- Investors: Kima Ventures, Wind Capital and 5 Others
- Latest Funding Round: Series A, Dec 11, 2018, $*****
- Highlight: Acquired
Business Angels' Year-on-Year Investment Trends
Business Angels has invested in 25 companies over the last 14 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in qCella and most recent follow-on round was in Sonix.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 4 | 2 | 6 |
2021 | 1 | 0 | 1 |
2020 | 4 | 0 | 4 |
2019 | 2 | 0 | 2 |
2018 | 1 | 1 | 2 |
2017 | 1 | 0 | 1 |
Business Angels' Investments by Stage
Business Angels has made 16 investments in Seed stage with an average round size of $1.14M, 6 investments in Series A stage with an average round size of $2.6M and 1 investment in Series B stage with an average round size of $21M.Stage of entry | No. of Investments |
|---|---|
Seed | 16 |
Series A | 6 |
Series B | 1 |
Note: We have considered here, only first round of investments
Business Angels' Investments by Sector
Business Angels has a diverse portfolio, with companies operating in the Life Sciences, Sustainability Tech, Consumer, Enterprise Applications and Environment Tech. Notably, it has invested in 20 Tech companies, 16 Enterprise (B2B) companies, 7 Consumer (B2C) companies and at least 7 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 7 |
Sustainability Tech | 7 |
Consumer | 5 |
Enterprise Applications | 4 |
Environment Tech | 4 |
Others | 30 |
Note: We have considered here, only first round of investments
Business Angels' Investments by Geography
Business Angels has made most investments in Switzerland (18), followed by France where it has made 4 investments.Country | No. of Investments |
|---|---|
Switzerland | 18 |
France | 4 |
Poland | 1 |
Note: We have considered here, only first round of investments
Business Angels' recent investments
Business Angels has not made any investment in 2026 so far.Here are the most recent investments by Business Angels:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 21, 2025 | Switzerland | Seed | 4800 | [+6] | |
Jul 26, 2024 | Switzerland | Seed | 4936 | ||
Dec 21, 2022 | Switzerland | Seed | 9661 | [+1] | |
Oct 25, 2022 | Switzerland | Seed | 8411 | [+2] | |
Oct 24, 2022 | Switzerland | Seed | 8680 | - |
IPOs and Publicly Listed companies in Business Angels' Portfolio
1 of Business Angels' portfolio company became public - Bioversys. It got listed on the SIX Swiss Exchange (SWX), in Feb 2025 at marketcap of $234MHere are Business Angels' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 07, 2025 | Sep 01, 2020 | Series B | 8345 |
Acquired companies in Business Angels' Portfolio
2 companies from Business Angels' portfolio have been acquired. The most recent acquisition was Reezocar in Dec 2020 by Societe Generale for $*****.Here are Business Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 14, 2020 | 2014 | Seed | 2137 | |
Dec 03, 2018 | Mar 13, 2017 | Series A | 1427 |
Co-investors of Business Angels
Over the past 14 years, 109 investors have co-invested in Business Angels's portfolio companies. This includes funds and angels.
- Invested before Business Angels: Venture Kick, Europa and 11 others have invested in rounds before Business Angels. There are 10 companies where Venture Kick has invested before Business Angels and 2 companies where Europa has invested before Business Angels.
- Top Co-investors of Business Angels: 36 investors entered a company along with Business Angels. These include investors like Verve Ventures (3 companies).
- Invested after Business Angels: A total of 60 investors have invested in Business Angels's portfolio after their investments. Top Investors include European Investment Bank (1 company) and AMR Action Fund (1 company).
Recent News related to Business Angels
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Robotics has a data problem. Macrodata Labs wants to solve itTech.eu•Jun 29, 2026•Air Street Capital, Kima Ventures, OPRTRS CLUB, Business Angels
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German spinout raises over €3M to tackle cervical cancer with a test that works anywhere without electricity or a labTech Funding News•Jun 26, 2026•BSV Ventures, Business Angels
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Almetra Raises €16.3M Series A Led by blisce/ to Enhance Factory IntelligenceTech Funding News•Jun 25, 2026•Blisce, NAP, Merantix Capital, Underline and 4 others
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Chf 1.3 Million Pre-seed Funding For Qcella To Reshape Product HeatingStartupticker•Jan 21, 2025•qCella, Kick Foundation, Ethereum Foundation, Swisspreneur and 4 others
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Ukrainian climate tech Carbominer secures €1.5M grant from EIC AcceleratorAIN.Capital•Feb 26, 2024•Carbominer, European Innovation Council, SMRK VC Fund, Business Angels and 1 other
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CareerFairy Receives Seven Digit Million Euro FundingFinSMEs•Dec 18, 2023•CareerFairy, Swiss ICT Investor Club, Post, BackBone Ventures and 3 others
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Impossible Materials raises $3.8m to develop titanium dioxide alternative ‘bio-inspired’ by beetlesAgFunderNews•Apr 05, 2023•Jimdosite.com, Big Idea Ventures, Business Angels
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Voltiris raises CHF 1.4M to help greenhouses produce energyStartupticker•Dec 21, 2022•Voltiris, Serpentine Ventures, Business Angels, Swiss ICT Investor Club
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TYXIT secures CHF 2 million to speed up its market entryStartupticker•Oct 25, 2022•Sonix, Privilege Ventures, ACE & Company, Business Angels
