RECAP OF 2021
The year comes to an end and it’s time to review European Super Angels Clubs (short “ESAC”) activities. While most industries suffered from the pandemic, venture capital markets reached new peaks. Investment activities, deal sizes, and the number of unicorns increased in Europe. Against all odds, it was a very successful year for the European ecosystems and quite rewarding for investors. European Super Angels Club and its portfolio companies were no exemption from this trend.
The club’s syndicate fund “EXF Alpha”, based in Luxemburg, currently holds, after more than 3 years, 13 investments, and an estimated IRR of 50% p.a. before taking two signed exits into account. Despite some individual matches and support of investment activities from members in private rounds, the syndication fund made 5 new investments in 2021, closed 7 follow-on rounds, and signed two very lucrative exits. In terms of raised funds, the club was involved in rounds that exceeded EUR 25m in total value. All in all, this marks the most active year of the European Super Angels Club since its foundation a few years ago.
A growing member base, amazing partnerships, and co-investments with strong international venture funds, valuable supporters, network partners, and sponsors made all this possible.
The transaction service team of Venionaire Capital, which supports the European Super Angels Club since its foundation, sees strong potential in its portfolio scale-ups for the years to come. In 2022, members and investment scouts intend to focus on RegTech and increase activities in Web3, Blockchain, and Digital Health alongside notably successful Venture Funds.
Another trend and success indicator lays on increasingly diverse teams and focuses on female entrepreneurs and investors. Our partnership for educational courses and masterclasses, delivered by Business Angel Institute, will support even more successful members and founders.
The European Super Angels Club aims to digitalize its processes and network with a strong online platform in 2022. Currently, our team is working on possibilities to open co-investment opportunities for European Crowd Investors (where investors could back our companies with smaller tickets), under a newly passed European bill for this kind of alternative investment. We do not intend to reinvent the wheel, instead, we aim to partner with an established professional platform provider, to deliver the best user experience possible while remaining our high standards of deal-flow quality.