Shortly after announcing a similar relationship with the African Business Angel Network, global network Gust has inked a similar deal with a group of angel networks from the Nordics and Baltics.
NordicBAN represents investor networks from Denmark, Norway, Sweden, Estonia, Finland and Latvia while also accepting startups from Lithuania and Iceland. It allows investors from member countries to syndicate growth company investments from area companies. More than 2,500 investors are represented by the networks which collectively screen more than 4,000 growth companies each year.
Gust will serve as the official early stage investment platform for investor relations and deal flow management from NordicBAN startups.
NordicBAN Chairman of the Board Jan D. Oker-Blom says Gust’s assistance is a nice complement to the region’s strong entrepreneurial sector.
“Gust’s platform will ensure NordicBAN business angel members are afforded a professional and seamless facilitation of early stage investments for the full life of a deal while also supporting cross-border and international investment opportunities.”
“The entrepreneurial spirit of the Nordic nations has led to many technological innovations and through our partnership with Gust, the early stage investment community will have streamlined tools to support the growth of the startup community.”
Gust technology is employed by angel investor networks in North America, South America, Europe, Africa and the Asia-Pacific area. More than 300,000 startups and 80,000 investors in 190 countries are involved.
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