BioAngels Inc is a not-for-profit association of business executives and entrepreneurs from a wide range of backgrounds. Established in 2002 by a group of founding members including, Dr John Ballard, Mr Paul Flavel, Mr Ron Langman and Dr Oliver Mayo. In 2014, the group has 15 active members and is looking to expand its membership.
BioAngels will from time to time hold elevator pitch sessions where upcoming companies have the opportunity to present their product/ services to a group of investors. For more information please contact the Executive Officer.
Angel investment – who gets involved
Australian business angels or angel investors are individuals who invest in small Australian companies helping them to grow and prosper. Typically, angel investors invest because they have something more to offer than capital; thus BioAngels also invests time, knowledge, expertise and capital, born out of their own success and experience as entrepreneurs or business owners, in promising early stage Life Science companies. Unlike venture capitalists, who manage the pooled money of others in a fund, angels invest their own money.
Investments are made by the individuals themselves, although coordination of the pre-investment process is carried out by BioAngels Inc. BioAngels also assists in the coordination of mentoring and exit arrangements.
BioAngels looks to invest in the early stages of a developing company and operates predominately in the provision of seed funding and start up funding. BioAngels Inc does not generally invest in pre-seed projects.
“BioAngels assists to grow and develop promising start up companies”
Frequently Asked Questions
How can I join BioAngels?
You should contact BioAngels as indicated under “Contact us“.
To be a member of BioAngels, do I have to have held an executive appointment in a bioscience start-up company?
No, members have a range of experiences in the bioscience sector, including executive and non-executive positions in early-stage and more mature companies, provision of specialised services to those companies, venture capital funding, establishing companies through university commercialisation arms and R&D expertise either in companies or universities. The key issue to consider is whether you believe you have something of value to add to an early-stage enterprise.