TechAngels' 2024 investments in local startups at EUR 3.777 ml, 25 pct up YoY

Balazs Barabas

Investments by TechAngels group members in local startups increased almost threefold in H2 2024 to EUR 2.757 million, while the figure for the entire year is EUR 3.777 million, up 25 percent compared to 2023, the tech business supporting association said in a statement on Wednesday. 28 percent of the members invested in new startups for their personal portfolio, and 26 percent opted for "follow on" investments; also, 50 percent of TechAngels members made at least one investment in 2024, and

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