Sep 20, 2023

Australian Angel Awards 2023 Techboard is pleased to be back with the Australian Angel Awards for another year, this time with a new partner, Angel Loop. The purpose of these awards is to celebrate the contribution Angel investors make to the startup ecosystem and overall economy and community  in Australia. Angel investors not only provide their own money as capital to startups and early stage businesses, they are also generally active in their support of their investee companies, providing guidance, mentoring, introductions and more. The categories for 2023 have been modified in recognition of shifts in the Investment Landscape in Australia. With greater emphasis being placed on the more philanthropic role Angel investment can play in the Australian and global community we have introduced an award for the Biggest Impact Angel Investment. Consistent with the work that many groups have been doing to help ensure that founders from diverse backgrounds are able to obtain investment into their startups we have introduced an award to celebrate a Champion of Investment Diversity. These add to the five existing categories, although we have made some changes there as well. We are now only counting new angel investments rather than including follow-on investments as we have done in previous years. Most active Angel group assessed by the highest number of confirmed new Angel investments made during FY23. Most active regional Angel group for angel groups based outside of a capital city, assessed by the highest number of confirmed new Angel investments. Most active Angel investor assessed by the highest number of confirmed new Angel investments. Angel Investor of the year to be awarded to Angel investor who has made a significant contribution to the Australian Angel investment community as assessed by the judging panel - taking into account not just the investor's investment activity, but also their impact on the angel investor community through education, support, promotion or other activities. Best Angel Exit of the year assessed to be the most financially successful exit of an Angel investment. Individual Angel investors and Angel investment groups from across the country participate in the awards which are based on a data-driven assessment as well as an expert judging panel. Entries into the awards also supplement Techboard's capture of startup funding data available to our subscribers and are covered in our reports on startup and young tech company funding. This year the winners of the awards will be presented at an event to be held in conjunction with the Perth Angels during the West Tech Fest in December 2023. Last Year's Winners Professor Tim Hirst was awarded Angel of the Year, Leading Angel group Brisbane Angels took out the award for Best Angel Exit of the Year, with overall a 25x return on its investment in video editing app  Clipchamp . Brisbane Angels member Richard Moore won Most Active Angel Investor for the second year running Brisbane Angels again won the Most Active Angel Group award, making it four years in a row with 37 qualifying investments (up from last year’s tally of 32) into over 30 companies recorded over the 12 months – more than any other Angel group in Australia. Byron Bay Angels won the Most Active Regional Group award with seven qualifying investments over the year.