More angels coming in search of worthy investments

Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong Angel Investment Network visited the capital in June. Fourteen angel investors will join a delegation due to arrive early next month, according to Steve Landman, managing partner of the Lotus Fund. “We are quite optimistic about the angel investment climate in Cambodia,” he said. “We saw many exciting and enthusiastic entrepreneurs that have done a great job in being investable.”

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