Top angel clubs and investment networks in Austria

Austria offers a well-organized network of angel groups, individual backers, and educational platforms that actively support tech startups with both capital and expertise.

For founders building in Austria, this means access to structured programs like aws i2 Business Angels, regionally connected syndicates such as TBA Network, and larger associations like Invest Austria that link startups to a broader investor base. There’s also growing support for diversity-focused initiatives like the Female Investors Network and professional training through the Business Angel Institute.

In this article, you’ll find a breakdown of the most active angel networks in Austria, what they offer, what types of startups they typically back, and how to approach them.

aws i2 Business Angels

aws i2 Business Angels is a national matchmaking platform in Austria that connects innovative startups with private investors. It’s designed to make the investment process smoother by offering a structured and transparent way for angels and founders to meet. They focus on early-stage, high-growth startups across various sectors, supporting deals typically in the pre-seed and seed stages.

Danube Angels

Danube Angels, founded in 2017 and based in Vienna, is a crowd-investing platform and angel network active across the DACH and CEE regions. With a minimum investment of just €1,000, the platform enables both individual and institutional investors from the DACH and CEE regions to co-invest in promising startups. Danube Angels carefully selects companies through a multi-stage process, screening roughly 100 applications per month and presenting only the top ~1% to its network. 

European Super Angels Club

The European Super Angels Club (ESAC) is a pan-European, members-only investment network headquartered in Vienna, Austria. 

Founded in 2017 by KPMG Austria and Venionaire Capital, ESAC brings together super-angels, high-net-worth individuals, family offices, venture arms, and corporates who co-invest in high-growth European startups in the €1–15 million funding range. 

Founders of Europe 

Founders of Europe is an experienced founder-led investment network that supports early-stage, B2B-focused startups across Europe . Comprising seasoned entrepreneurs such as Benjamin Ruschin, Tom Urbanek, Larissa Kravitz, and Peter Steinberger, FOE invests in pre-seed and seed rounds. FOE focuses heavily on scalable B2B models—particularly in sectors like SaaS, HR/EdTech, DeepTech/AI, ClimateTech, PropTech, LegalTech, FinTech, and Mobility.

Invest Austria

Invest Austria is the leading national network for angel investors, venture capitalists, and institutional investors in Austria. It’s built to foster connections between early-stage startups and investors through events, resources, and a strong community. They support investment across a wide range of industries, mainly at the pre-seed, seed, and Series A stages.

Roi Ventures

ROI Ventures is a Vienna-based angel investment group focused on backing B2B, technology-driven startups across Europe . They deploy their own capital, up to €100,000 per startup, primarily at the pre-seed and seed stages, targeting ventures in SaaS, deep tech, fintech, and related verticals.

TBA Network

TBA Network is a cross-border angel investor group connecting founders with experienced entrepreneurs from the Alpine region. Founded in 2018, it brings together over 30 business angels from Austria, Italy, and beyond, focusing on early-stage startups with global ambitions. TBA Network operates as a nonprofit, with each member deciding individually on their investment involvement.

The Business Angel Institute

The Business Angel Institute is an independent international education initiative based in Vienna, Austria, dedicated to fostering the development of angel investors. It offers a high-quality training program for early-stage investing and maintains strong relations with other initiatives and organizations in the early-stage ecosystem.

The Female Investors Network (FIN)

The Female Investors Network, also known as FIN, is a community-driven platform dedicated to empowering women to become active angel investors. It offers education, networking, and investment opportunities tailored for women interested in startup investing. FIN focuses on early-stage startups, particularly those led by female founders or gender-diverse teams. Through partnerships, such as with Gateway Ventures, members gain access to curated investment opportunities, with typical ticket sizes starting around €10k.

The MAD Lab

MAD Lab, also known as MAD AG, is a Vienna-based founder-stage investor and company builder that joins startups at the earliest seed stages. Unlike traditional investors, MAD Lab takes a deeply hands-on approach, bringing not only capital but also “brains, hands, and money” to the table. MAD Lab’s model addresses common early-stage gaps by integrating experienced founders directly into startup teams, ensuring both operational guidance and strategic support

Stay connected! 

This article is part of a series in which we present the top angel clubs and investment networks across Europe. Stay tuned as we feature more countries!