Raise funds from investors who truly get involved
Far more than capital to accelerate your growth.
- High-value smart money, drawing on the expertise of our members, our permanent team and our leading partners.
- 80% of investments are made through SPVs, for simpler, structured governance in line with market practice for later rounds, and 40% invested in startups co-founded by women.
- An investment of €150K to €1M, completed in just 3 months.
- A generalist thesis, with a benchmark position in deeptech, AI and B2B innovation, backing high-potential startups across France.
At a glance
A founder pitching to business angelsWhy do founders choose us?
Smart money
Experience, networks, sector knowledge and cross-cutting strategic skills (go-to-market, growth, governance, AI, exits and more), all put to work to accelerate your success.
A clean cap table and streamlined governance
80% of our investments are made through an SPV: a clear structure that matches market practice for later rounds.
A faster investment process
Just 3 months from application to investment, against a market average of 4 to 6 months.
The reference network for first rounds
The bulk of our investments, with an average ticket of €350K.
What if my fundraising closed in just 3 months?
Online application
Submit your application through our form with a structured pitch deck: problem and solution, founding team, business model, market evidence and traction, barriers to entry, roadmap (regulatory, technology, hiring and financial), competitive landscape and advantages, and fundraising strategy (equity and non-dilutive).
Screening & selection
Your application is reviewed by our permanent team, then presented to the business angel committees, with AI tools supporting a faster assessment.
Pitch session
Each year, 60 to 80 startups pitch across two monthly sessions, one online and one in person. Format: a 10-minute pitch followed by 10 minutes of Q&A.
In-depth due diligence
A full review over 6 to 8 weeks, triggered once soft commitments reach €150K, led by at least three business angels together with an investment manager from the permanent team.
Final approval & closing
At the opportunity review, the lead business angels, who will become shareholders, present the due diligence findings and the term sheet, and go through them with the founders. Format: a 25-minute presentation followed by 20 minutes of questions. Hard commitments are then collected, the shareholders' agreement signed, an expert board representative appointed, the SPV set up (in 80% of deals) and the funds transferred to the startup.
Why is PBA the right investor for my startup?
Which stages do you invest in?
Tech startups at seed stage, with strong potential and mainly in B2B. We are also open to deeptech projects from pre-seed and to selected opportunities up to Series A.
What is your investment ticket?
PBA is France's leading network for first funding rounds, both by amounts invested and by average ticket (€350K on average, from €150K to €1M per investment) in rounds typically ranging from €500K to €5M.
Do you invest across France?
Yes, our approach is resolutely nationwide. More than 50% of the startups PBA funds are based outside the Paris region.
How long does the investment take?
Allow around 3 months between PBA receiving your application and the funds being transferred to your project.
Beyond funding, what does PBA bring to startups?
PBA also brings founders genuine smart money over the long term, through the expertise of its 200 business angels (one third founders, two thirds executives) on business, functional and cross-cutting issues. Portfolio startups also benefit from a unique network of leading partners, mobilised to address their key challenges and accelerate their growth.
50 questions, organised into 5 sections.
Your next round starts here
Submit your project and our team will get back to you quickly.