About Paris Business Angels
Paris Business Angels, established in 2004, is an angel investment group based in Paris, France. It primarily focuses on Seed investments in companies in France. Its portfolio includes 112 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like Cailabs, Cheerz and Sowefund. As of Jul 2026, Paris Business Angels has witnessed 13 portfolio exits. Its latest investment was a €2.7M Series A round in Sitowie on Apr 28, 2025, which also saw participation from PARIS REGION Venture Fund and Axeleo Capital.
To date, 78 investors have co-invested in Paris Business Angels's portfolio companies, including prominent names like Femmes Business Angels.
Paris Business Angels' List of Top Investments
Paris Business Angels has a portfolio of 112 companies. Their most notable investments are in Yelda and Combo.Their portfolio spans across France, China and United States. They have invested in Enterprise Applications, High Tech, Retail and 29 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Paris Business Angels:1. Cailabs
Mode multiplexers and light converters provider. It improves the bandwidth and data transmission speed of fiber-optic networks. Its products are based on MPLC technology which enables efficient light reshaping. Its product portfolio includes spatial multiplexers or demultiplexers, SCADA, multi-mode fiber links, C-RAN, and light converters for light shaping applications. Its applications include local networks, telecommunications, defense, aeronautics, space, and laser material processing.
Key facts about Cailabs
- Founded Year: 2013
- Location: Rennes (France)
- Stage: Series D
- Total Funding till date: $124M
- Employee Count: 192 as on May 31, 2026
- Investors: Supernova Invest, Innovacom and 15 Others
- Latest Funding Round: Series D, Sep 12, 2025, $*****
- Highlight: Editors' Pick
2. Cheerz
Cheerz is an online platform to create the personalized photo-based products. It offers products such as photo books, photo calendars, photo wall decor, photo prints, photo scrapbook, photo albums, photo magnets, photo boxes, and photo gifts. Allows users to upload the photos from the devices and create the personalized photo products. It provides an online store to get the photo products delivered to the doorstep. The mobile app is available for Android and iOS devices.
Key facts about Cheerz

3. Sowefund
Sowefund is an equity crowdfunding platform which connects startups with investors. All the startups are pre-vetted before they are made available to the investors. The company only allows accredited investors on its platform.
Key facts about Sowefund
- Founded Year: 2014
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $1.12M
- Employee Count: 32 as on May 31, 2026
- Investors: Investisseur Prive, Paris Business Angels and 1 Other
- Latest Funding Round: Seed, Oct 04, 2016, $*****
- Highlight: Acquired
4. Biomemory
Online platform offering bio-digital data storage solutions. The platform is developing a petrol-free DNA synthesis and copy process based on synthetic biology for data storage. It also allows the production of long, bio-sourced, biocompatible, and bio-secure DNA fragments that can be stored as inert polymers for thousands of years without any energy input.
Key facts about Biomemory
- Founded Year: 2021
- Location: Paris (France)
- Stage: Series A
- Total Funding till date: $23.2M
- Employee Count: 78 as on May 31, 2026
- Investors: Bpifrance, Paris Business Angels and 16 Others
- Latest Funding Round: Series A, Dec 10, 2024, $*****
- Highlight: Editors' Pick
5. NannyBag
Nannybag provides an online marketplace to connect local shops and hotels with travelers for storing luggage. Local shops and hotels sign up as luggage Nanny and store luggage on the behalf of travelers. Charges are dependent on the number of days baggage is stored for starting at 14 Euros for 2 bags for 24 hours. Nannybag charges a fixed commission from hotels and shops for each booking.
Key facts about NannyBag
- Founded Year: 2016
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $2.2M
- Investors: Expon Capital, Angelsquare and 4 Others
- Latest Funding Round: Seed, Jan 28, 2020, $*****
- Highlight: Acquired
Paris Business Angels' Year-on-Year Investment Trends
Paris Business Angels has invested in 112 companies over the last 18 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Hunt X Pharma and most recent follow-on round was in Sitowie.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 1 | 1 |
2024 | 3 | 1 | 4 |
2023 | 2 | 0 | 2 |
2022 | 5 | 0 | 5 |
2021 | 2 | 0 | 2 |
2020 | 7 | 0 | 7 |
2019 | 2 | 0 | 2 |
2018 | 4 | 1 | 5 |
2017 | 8 | 0 | 8 |
Paris Business Angels' Investments by Stage
Paris Business Angels has made 46 investments in Seed stage with an average round size of $1.15M, 6 investments in Series A stage with an average round size of $3.58M and 1 investment in Series B stage with an average round size of $8.25M.Stage of entry | No. of Investments |
|---|---|
Seed | 46 |
Series A | 6 |
Series B | 1 |
Note: We have considered here, only first round of investments
Paris Business Angels' Investments by Sector
Paris Business Angels has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Vertical SaaS and Sustainability Tech. Notably, it has invested in 79 Tech companies, 63 Enterprise (B2B) companies, 49 Software companies and at least 41 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 22 |
High Tech | 13 |
Consumer | 10 |
Vertical SaaS | 9 |
Sustainability Tech | 8 |
Others | 71 |
Note: We have considered here, only first round of investments
Paris Business Angels' Investments by Geography
Paris Business Angels has made most investments in France (51), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
France | 51 |
China | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Paris Business Angels' recent investments
Paris Business Angels has not made any investment in 2026 so far.Here are the most recent investments by Paris Business Angels:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 28, 2025 | France | Series A | 7484 | ||
Dec 10, 2024 | France | Series A | 3064 | ||
Sep 19, 2024 | France | Seed | 4133 | [+1] | |
Sep 17, 2024 | France | Seed | 2676 | ||
Aug 15, 2024 | France | Seed | 9967 | [+2] |
Acquired companies in Paris Business Angels' Portfolio
13 companies from Paris Business Angels' portfolio have been acquired. The most recent acquisition was Orosound in Jun 2026 by Syntiant for $*****.Here are Paris Business Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | - | - | 6101 | |
Feb 25, 2026 | - | - | 2380 | |
Jan 13, 2026 | Aug 18, 2014 | Seed | 2079 | |
Jan 02, 2026 | Jan 21, 2022 | Seed | 2254 | |
Mar 13, 2024 | - | - | 6943 |
Team profile of Paris Business Angels
Paris Business Angels has a team of 2 members. Paris Business Angels' team does not sit on the board of any company as of now.Co-investors of Paris Business Angels
Over the past 18 years, 134 investors have co-invested in Paris Business Angels's portfolio companies. This includes funds and angels.
- Invested before Paris Business Angels: ISource Gestion, IMT Starter and 15 others have invested in rounds before Paris Business Angels. There are 2 companies where ISource Gestion has invested before Paris Business Angels and 1 company where IMT Starter has invested before Paris Business Angels.
- Top Co-investors of Paris Business Angels: 78 investors entered a company along with Paris Business Angels. These include investors like Femmes Business Angels (9 companies).
- Invested after Paris Business Angels: A total of 39 investors have invested in Paris Business Angels's portfolio after their investments. Top Investors include Europa (8 companies) and Bpifrance (4 companies).
Recent News related to Paris Business Angels
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