Hellenic Business Angels Network
24 Proxenou Koromila St, Thessaloniki, 54622, Greece
Overview
The Hellenic Business Angels Network (HeBAN) has been established as a national, non-profit organisation in response to a gap in the Greek entrepreneurial ecosystem of providing sufficient funding and expertise to innovative start-ups in their early stages. While in many countries across the globe it is increasingly Business Angels who can offer this required input when other resources are not available, in Greece there is still a lack of successful and visible angel investing models. With the first initiative and activities undertaken in 2012 HeBAN was fully incorporated in 2015, HeBAN is envisioned to create a national platform for bringing together the stakeholders of the Greek start-up ecosystem and help implement a sustainable Business Angels and early stage investors network in the country. While not being active in funding start-ups by itself, HeBAN aims to support with a wide array of activities the formation and cooperation of local Business Angels groups, clubs and networks and motivate and support potential and active Business Angels and other related stakeholders in Greece to contribute to the creation of a functioning eco-system for early stage investment. Services entail, among others, education and training for private investors, interest lobbying, facilitation of networking and high-quality deal-flow, as well as dissemination of latest research and best practices. For entrepreneurs and start-up facilitators, such as incubators, accelerators and others, HeBAN serves as an access point in their search for private investment. HeBAN is emphasizing the link to the international early stage investor community. HeBAN is the Greek National Member of EBAN (European Trade Association for Business Angels, Seed Funds, and other Early Stage Market) and the National Lead for Greece of GBAN (Global Business Angels Network).
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 0
Investment portfolio
- Terra Robotics
Participated · Equity · Oct 2025
Terra Robotics is an agri-tech startup that combines robotics, artificial intelligence, and precision lasers to eradicate weeds without chemicals. Its flagship TerraWeeder targets unwanted plants individually, aiming to cut herbicide costs, decrease manual labor, and improve environmental sustainability. The team prides itself on a farmer-first approach, leveraging its dual expertise as both growers and engineers. With fresh capital secured, the company intends to finalize product development, run on-farm pilot projects, and scale manufacturing. Expanding its engineering and operations teams is also a priority as Terra Robotics positions its technology for global deployment. Investors believe the startup, which operates out of Greece, could dramatically reshape modern agriculture. To date, the company has raised nearly €1.8 million, fueling its push toward full commercialization.
- Athletopia
Participated · Seed · Jun 2022
Athletopia equips running event organizers with specialized digital tools that engage runners and empower sponsors, aiming to turn a one-day event into a 100-day data-rich journey. The platform is designed to maximize value for organizers and sponsors by extending engagement and capturing richer data. The company addresses a large market—about 1,000 endurance events in Greece, more than 60,000 events annually across Europe and the U.S., roughly 55 million European and 60 million American participants, and a global €30 billion running-event industry. Athletopia launched in 2020 as a university spinoff based on sports management research at Aristotle University of Thessaloniki and was founded by Professor Dr. Nicholas Theodorakis and Petter Hederstedt. It participated in Ideas Forward’s Next Stage Challenge in 2021, won €10,000 as the top in the early-stage revenues category, and attracted business angels from that demo day. Financially, the company completed its first external fundraising with a €120K pre-seed syndicated round led by Ideas Forward and backed by Hellenic Business Angels Network.
Team
No current team members are available.