Successful year for tech investment network

Oxford Investment Opportunity Network (OION), a leading European technology business angel network, has announced results showing it has maintained its success in helping innovative companies to secure funding despite challenging economic conditions.

The significant contribution the OION Network made to the growth of early stage businesses was also recognised with the award of Business Angel Network of the Year by the British Business Angels Association – seeing off competition from rivals including Angels Den, Envestors LLP, Central England Business Angels, Octopus Investor Group and South E

OION’s investor members invested nearly £1 million in 16 companies during the past financial year. This direct investment enabled the firms to leverage an additional £5 million of funding from other sources.

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