Established in 2002 by a group of founding members including, Dr. John Ballard, Mr. Paul Flavel, Mr. Ron Langman and Dr. Oliver Mayo. Since 2002, BioAngels members have invested ~$2.5M in ~20 life science companies across South Australia and Worldwide, further attracting significant follow-up funding by Venture Capital funds and other angel group co-investments.
International members are also encouraged to join. Members actively participate in the monthly meetings of the association and commonly contribute to the pre-meeting screening processes, active mentoring of investee, and presentations. The meetings are chaired on a rotating basis by members and it is expected that members participate in specific sub-committee group activities. The Executive Officer supports all administrative activities of the group and facilitates the meetings.