Schleswig-Holstein has moved up in the KfW Monitor's state rankings from 10th place to 3rd place in the number of start-ups prepared for the future. This is also thanks to the StartUp SH association, which also includes the Baltic Business Angels. A few voices on this in the video (German). The BBA-supported startups bareways and IO-Dynamics are also present.
Platin partner
Gold partner
Cooperation partner
The start-up muvn, in which our angels have invested, has raised a seven-figure sum and is planning to expand across Europe.
In the past quarter, BBA achieved a double record: in terms of both the number of start-ups financed (7) and the cumulative investment volume (EUR 1.5 million), no quarter since the association was founded in 2018 has been as successful. „We are very pleased that the period of restraint following the pandemic is now giving way to a new investment dynamic,“ explained the association’s Chief Commercial Officer, Kiel-based industrial engineer Norma Jensen.
Corona has shown that crises not only pose risks for start-ups, but also offer opportunities – often with long-term business potential far beyond the actual cause of the crisis. Baltic Business Angels Schleswig-Holstein e.V. (BBASH), a member of Business Angels Deutschland (BAND), recognised this early on. Some BBASH investors placed their bets on the Norderstedt-based start-up pakajo some time ago, which now offers a solution to the current challenges facing the US mail order industry.
Hamburg-based Parto Group GmbH has completed its pre-seed financing round of 2.5 million euros. The impact fintech start-up is developing a payment solution for companies in the social economy. The solution, which is specially tailored to the needs of care facilities and their residents, minimises the administrative workload of care facilities and helps their residents to achieve greater autonomy and thus a higher quality of life. Payment cards take the place of cash payments to care home residents.
The long journey was worth it: after the founder of NYX Technologies from Israel pitched to us, he was able to conclude the largest club deal in our network in terms of personnel.
Specialised vessels for technical personnel to be able to transfer to offshore facilities in rough seas – that was Wallaby Boats‘ plan. Rappelling from a helicopter is expensive and difficult, and a transfer by ship fails if the swell is too high. However, the „Wallaby 18“ model can safely overcome waves up to 3 metres high thanks to a special suspension system.
In the current IHK magazine „wirtschaft“, our board members introduce Baltic Business Angels Schleswig-Holstein and show how we support young entrepreneurs and what advantages the network offers private investors.
Our member survey reflects a difficult investment climate for business angels and start-ups across Germany. At the Business Angel Community Summit in Wiesbaden on September 13 and 14, the measures taken by the federal government were welcomed. However, the majority of the most active business angels in particular do not consider them to be sufficient.
Our board member Norma Jensen participated in the panel discussion at the DemoDay of Business Angels Deutschland (BAND). The event focused on the „Women Angels Mission ’25“ campaign launched by BAND, which the BBA has supported since its inception. The goal is to increase the share of female business angels to 25 % by 2025.
DanBAN, the Angels network from the Danish neighboring country, had invited us to their pitch event in Aarhus.
Since the premiere, the BBA have been present at the Waterkant Festival in Kiel and so we were also there on both days in 2023 to provide insights into the BBA network and tips for founders, but also to take away new impulses, get to know promising startups and meet numerous like-minded people.
The BBA want to continue to position themselves internationally and are therefore establishing contacts with other European networks. So our CEO Julian von Hassell took part in the EBAN’s annual general event.
The predominantly Schleswig-Holstein private investors of technology startups organized in our network unanimously elected Kiel-based entrepreneur Norma Jensen as Commercial Officer to the Board of Directors at our Annual General Meeting on April 05, 2023.
Hamburg-based startup PANDA GmbH, which specializes in enabling industrial factory floors for artificial intelligence (AI) applications, reports the successful completion of a financing round of around half a million EUR. The main operating site will be relocated to Schleswig-Holstein.
Business angels play an important role for startups. However, finding and attracting them is not always easy. Our Baltic Business Angels Norma Jensen and Matthias Damerow talk about their drive to support startups and their investment experiences.
Schleswig-Holstein and Hamburg have a vibrant startup scene. Our CEO Julian von Hassell explains the work of Baltic Business Angels in the true north.
In the current IHK magazine „Wirtschaft zwischen Nord- und Ostsee“, Baltic Business Angel Achim Fölster shows the support possibilities of private investors for young entrepreneurs.
The association of private investors in start-ups in Schleswig-Holstein, the Baltic Business Angels Schleswig-Holstein, once again reports record investments – both in terms of the number of target companies invested in so far this year and in terms of the investment sums made in the current quarter.
The development and establishment of the Baltic Business Angels Network is supported by WTSH - Wirtschaftsförderung und Technologietransfer Schleswig-Holstein GmbH within the framework of the state-funded project »ShapeEcoHorizons« accompanies.
Claus Ruhe Madsen has been Minister for Economic Affairs, Transport, Labour, Technology and Tourism since 29 June 2022. He was born in Copenhagen on 27 August 1972; he is married and has one daughter.
Claas begann seine Karriere in der Old Economy bei „AEG und Electrolux Group“, wo er seine Leidenschaft für aufstrebende Industrien entdeckte. Das ist es, was ihn bis heute antreibt. Nachdem er bei „American Heritage Management Corp.“ an der Wall Street war und in den 1990er Jahren an den ersten internetbasierten Börsengängen teilnahm, wurde seine Leidenschaft für Technik und disruptive Technologien immer stärker. Er ist Mitgründer von „New Commercial Room“, einem VC-Unternehmen mit Sitz in Hamburg, mit dem er ein Portfolio von High-Tech-Wachstumsunternehmen verwaltet, das von medizinischen Geräten über Medien bis hin zu SaaS, IT und Cybersecurity reicht. Als Angel Investor investierte er sowohl privat in Unternehmen als auch mit dem „btov Investor-Network“. Er betreut aktiv zahlreiche deutsche StartUps, Accelerator-Programme und ist Scout im Norden für den „High-Tech Gründerfonds“ (HTGF). Dadurch hat er Zugang zu erstklassigem internationalen Deal Flow und Investoren. Darüber hinaus hat Claas mehrere Aufsichtsratspositionen inne und ist Live-Musiker mit der „Soul Lounge Connection“.
As a serial entrepreneur, investor and business angel, Julian has been involved in the German start-up and venture capital scene since 2003. He focuses on helping selected early-stage start-ups and their founders to turn their ambitions into reality. Investments are typically made in early-stage B2B technology companies with an initial track record. Julian’s current focus is on Industrial IoT, data analytics, B2B platform tools, e-health and 3D. He is particularly keen on spin-offs originating from research foundations and organisations or technical universities, but is also open to other opportunities. The best way to find out more about Julian is to visit his Website and here in the Interview.
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