About European Angels Fund (EAF)
European Angels Fund (EAF) initiative provides equity to business angels and other non-institutional investors with a view to financing innovative companies through co-investments. The EAF’s activities are adapted to the investment style of the selected business angels, which are granted the highest degree of freedom in terms of decision-making and managing investments. The EAF is advised by the European Investment Fund, and the programme is already operational in Germany, Spain, Austria, the Netherlands, Ireland and Denmark. Furthermore, EAF is about to be extended to other geographies, aiming to achieve a pan-European coverage. The current volume of the aggregate facility is around EUR 280m, of which approximately EUR 120m have already been committed to business angels that have built a portfolio of more than 150 SMEs.