We are Sri Lanka’s largest network of angel investors.

Prajeeth Balasubramaniam takes helm at Lankan Angel Network

The Lankan Angel Network (LAN), the country’s largest network of angel investors, has elected serial investor and entrepreneur Prajeeth Balasubramaniam as the Chairperson of its board for 2023/2024.

2023-06-12

Innovate Lanka concludes with Demo Day and Finale

Innovate Lanka recently concluded with its 2022 Demo Day and Finale, where 10 finalists pitched their exceptional ideas to a high profile panel that encompassed Corporate Leaders, Domain Experts and Angel Investors.

2022-11-28

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.

2022-09-06

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.

2022-03-29

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

2022-02-25

StartupX Foundry and Lankan Angel Network launch Knowledge Sharing Platform to Spur Entrepreneurship

Sri Lankan tech startup incubator and accelerator StartupX Foundry recently launched its entrepreneurship initiative, ‘Vyawasayakayanta Athwelak’, a knowledge sharing platform that aims to bridge the gap in entrepreneurial knowledge pertaining to startups, particularly in underserved communities to both guide and encourage rural entrepreneurship.

2021-11-16

STEM education start-up Magicbit raises US $ 120,000 from Angel Fund

Magicbit, an easy-to-use STEM education platform, announced that it has raised US $ 120,000 in its pre-seed financing round led by Sri Lanka’s Angel Fund.

2021-10-26

Lankan Angel Network and Angel Fund appoint first female chairperson

The Lankan Angel Network (LAN), the country’s largest network of angel investors, has appointed Chandi Dharmaratne as its Chairperson for 2021/2022, at its most recent Board meeting held in September. Dharmaratne is the first woman to lead the Lankan Angel Network.

2021-09-21