Business Angels 35

What Business Angels 35 does

Business Angels 35 is a French regional business angel network founded in 2005 and headquartered in Rennes, Brittany. The "35" in its name denotes the Ille-et-Vilaine department (postal code 35), defining its geographic focus. The network aggregates 40 active individual investors and serves early-stage entrepreneurs primarily within Brittany by providing seed and early-stage equity capital. To date, members have collectively invested €9.2 million into 81 portfolio companies spanning diverse sectors including AI, pharmaceuticals, and sustainability.

The network's signature product is the "Equity Challenge" (Défi Capital) event, which guarantees a €100,000 investment to a winning startup, functioning as both a deal-sourcing mechanism and a brand-building format. The network is affiliated with the national France Angels federation, which provides broader ecosystem access and syndication opportunities. Operationally, the network's business model is not revenue-generating in the traditional sense; rather, its 40 members deploy personal capital into portfolio companies, with economic returns accruing to members through equity appreciation. As such, the network's core assets are its member base, deal flow pipeline, and regional brand — not proprietary technology or recurring fee revenue. The organization's primary "customers" are portfolio companies seeking early-stage capital, while its "users" are member investors seeking curated deal flow in the Brittany region.

Name

Business Angels 35

Legal name

Business Angels 35

Website

https://businessangels35.fr

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Business Angels 35 is a regional French business angel network founded in 2005 in Rennes, Brittany, with 40 active members who have collectively invested €9.2 million across 81 early-stage companies in the Ille-et-Vilaine department.

Ownership category

akta.pro rank

Product category

Angel Investment Network

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Angel investment network
• Early stage funding
• Startup mentorship
• Venture capital
• Seed capital

Headquarters

HQ city

Rennes

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Investment returns from portfolio: Business Angels 35 operates as an angel investor network where members invest their own capital into young companies. Returns are generated through equity gains when portfolio companies succeed. The organization facilitates investment deals and provides ongoing support to portfolio companies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Business Angels 35 is a membership-based angel investor network based in Rennes, Brittany, that connects 40 active individual angel investors with founders of innovative, high-potential companies in the Ille-et-Vilaine department. Members invest their own capital into seed and early-stage Breton startups while providing collective technical, commercial, economic, and managerial expertise. The network's flagship initiative, the Equity Challenge, is a pitching competition offering a guaranteed €100,000 investment to selected entrepreneurs.

Product overview

Business Angels 35 operates as a unified investment network rather than a platform with modular products. The core offering combines direct investment in high-potential Breton companies with the Equity Challenge event—a distinctive pitching platform that guarantees 100,000 euros to selected entrepreneurs. The network leverages collective intelligence, bringing together 40 active members who contribute technical, commercial, economic, and managerial expertise to supported ventures.

Differentiator

Problem solved

Functional benefit

Brands

• Equity Challenge: An innovative event organized by Business Angels 35 where entrepreneurs can pitch to investors with a guaranteed 100,000 euro offer for the winner.

Products and services

• Business Angels 35 Investment Network A membership-based angel investor network of 40 active members that connects individual investors with founders of high-potential, innovative projects in the Ille-et-Vilaine department of Brittany. Members provide seed and early-stage equity capital together with collective technical, commercial, economic, and managerial expertise, and have supported 81 companies with €9.2 million in total investment.
• Equity Challenge

Quantifiable outcome

• 81 companies supported with total investment of 9.2 M€

Named customers16 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Equity ChallengecoreStrategic or Co-development PartnerFlagship innovation event organized by Business Angels 35 that offers entrepreneurs a unique opportunity to pitch to a group of investors with a guaranteed 100,000€ investment. This event represents the organization's key go-to-market initiative for deal flow.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• France Angels: National federation of French business angel networks of which Business Angels 35 is a member. Directly comparable as a multi-network angel platform operating across France with shared methodology, but operates at a much broader national scale.
• Bpifrance: France's public investment bank providing seed, venture, and growth capital alongside financing programs. Comparable as a major institutional provider of early-stage capital in France, but operating at national scale with much larger tickets than Business Angels 35's regional angel model.

Regional players

• Bretagne Capital: Regional investment fund focused on Brittany-based companies, providing equity capital to early and growth-stage Breton businesses. Directly comparable to Business Angels 35 by geography and target segment, though typically deploying larger tickets than individual angels.
• West Web Valley: Breton startup accelerator and community supporting digital entrepreneurs in western France. Comparable as a regional deal-flow and ecosystem builder in the same geography, though focused on acceleration services rather than direct angel investing.
• Réseau Entreprendre Bretagne: Regional chapter of France's Réseau Entreprendre, providing accompaniment and loan-based financing to Breton entrepreneurs. Comparable as a regional entrepreneur-support organization, but uses a loan/grant model rather than equity angel investing.

Direct peers

• Angels Santé: French business angel network dedicated to healthcare and life sciences investments. Closely comparable as a sector-specialist angel network using collective intelligence of individual investors, though focused exclusively on health while Business Angels 35 is generalist and regional.
• Paris Business Angels: One of France's largest and oldest business angel networks based in Paris. Comparable as a member-driven angel network using collective intelligence to invest in early-stage companies, though larger and based in the Ile-de-France ecosystem.

Emerging players

• WiSEED: French equity crowdfunding and angel investment platform enabling individuals to co-invest in startups. Comparable as a French platform facilitating retail/angel investment in early-stage companies, but uses a digital platform model rather than a member-driven regional network.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Business Angels 35