1、State of European Angel Investing 2024 November 2024 By Johan berg,Nicolas Schmidt,Vai Singh,Ash Pournouri and Andreas GrapeBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.BCG was the pioneer in

2、business strategy when it was founded in 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diverse,global teams bring deep

3、industry and functional expertise and a range of perspectives that question the status quo and spark change.BCG delivers solutions through leading-edge management consulting,technology and design,and corporate and digital ventures.We work in a uniquely collaborative model across the firm and through

4、out all levels of the client organization,fueled by the goal of helping our clients thrive and enabling them to make the world a better place.Nordic Angels is a private initiative founded by Swedens leading business angels aimed to develop,strengthen,and streamline the Nordic business sector and sta

5、rtup ecosystem.As the largest investor network in the Nordics,Nordic Angels mobilizes business angels through digital platforms and physical events.Contents02|Introduction03|A Challenging Year Across the Board06|The Angel Community15|Meeting the Challenge17|Conclusion18|About the Authors2 STATE OF E

6、UROPEAN ANGEL INVESTING 2024IntroductionGlobally,venture capital investing took a significant nose-dive in 2023,dropping by 35%compared to 2022.Europes VC ecosystem including angel investors,was not immune to the broader decline,but there were signs of resilience,particularly in fundraising,where th