Empower. Innovate. Fuel.
Lankan Angel Network is passionate about empowering entrepreneurs and building a viable start-up ecosystem Founded in 2012 as a private network of angel investors, backed by an investor base of 75+ rolling members with over LKR 700 million invested by angels in local start-ups and 20+ companies supported through finance and knowledge.
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Angel Fund focused on helping its portfolio weather economic storm
Sri Lanka’s first Angel Fund completed funding rounds for Chakra Suthra and Mintpay as of its most recent operational quarter. Further, the Fund aided a third startup, Magicbit, in growing its team and setting up a new local office, from which it has shipped to 38 countries thus far.
LAN channels Rs. 150 m into tech start-ups
Sri Lanka’s first Angel Fund has, to date, channelled investments up to Rs. 150 million cumulatively into four home-grown start-ups – Niftron, Magicbit, Mintpay and Chakra Suthra – while also helping these companies scale and access new markets both at home and abroad.
Successful Venture Engine Finale kickstarts local startup sector
Venture Engine is once again taking up the mantle of kickstarting Sri Lanka’s startup sector. As Sri Lanka’s foremost startup funding platform, and a pioneer in the local startup sector since 2012, Venture Engine has spotlighted the resurgence of the startup sector with its successfully concluded Finale, which was held on the 23rd of February 2022