
About LBAN
Unlocking the potential of private investors and helping entrepreneurs to thrive, in Luxembourg and beyond.
200+
Members
63M+
Million in direct investment in startups
15+
Projects invested every year
"We connect investors with startup founders, providing tools and solutions to support the investment in early stage ventures. We actively interact with the actors of the ecosystem and with future sources of funding to accelerate startups growth."
Michel Rzonzef
President
Our Story
Since 2011 we provides quality investment opportunities to members and equip them with appropriate tools, so they can improve their investment decisions.
With close links to the entrepreneurial community as well as with the government, we ensure that the requirements of the early-stage investor community are not only heard but acted upon.
​LBAN is a key actor in the early-stage investment ecosystem of Luxembourg and the Greater Region, enabling innovative entrepreneurs to secure funding and scale their ventures. Currently, with over two hundred business angels in our network, we invest every year in scalable startups in Luxembourg and beyond.
What
We Believe In
Vision
Unlocking the potential of private investors and helping entrepreneurs to thrive, in Luxembourg and beyond
Mission
​​Connecting business angels with the entrepreneurial ecosystem while offering our business angels strong deal flow and training.
Meet The Team

Michel Rzonzef
President
C-suit Executive and officer at a Fortune 500 Company with over 15 years of experience in international board governance, Michel has proven track record in driving sustained growth in Emerging Markets as well as in rejuvenating mature business models across economic cycles. Highly agile, visionary leader, designing and implementing disruptive strategies through customer-centric transformation. Michel has a strong interpersonal and cross-cultural skills, with particular empathy for people development.

Romain Hoffmann
Vice-President
Rediscovering his passion for start-ups in 2017, Romain is since actively investing as a Business Angel with preference for SAAS B2B business models. He was a founder of a successful IT company in software development at age of 17. In 2020 he was elected to the LBAN Board and was nominated as Head of Investment Committee. With over 25 years in the banking business, Romain acquired industry expertise in corporate analysis & finance for companies of any size and any commercial activity. Romain is known for his perseverance, his positive mind, his problem solving and analytical capabilities. Strong focus is lying on collaboration with founder teams, financials, product development, UX/UI, go-to-market strategy, scalability, operations and automation processes.

Tülin Tokatli
Secretary
Tülin Tokatlı, CFA, has a notable network in the European VC ecosystem, developed from her previous roles at the European Investment Fund. As CEO of Pitch Me First, she assists funds in accessing institutional capital through strategic advisory. With her expertise in venture capital, strong finance background, Tülin is committed to supporting startups and driving value creation for LBAN's investors.

Philippe Linster
Treasurer
CEO of Luxembourg House of Startups, Philippe also represents the institution on various boards (Luxembourg Business Angels Network, Luxinnovation, etc.). Philippe joined the Chamber of Commerce in 2017 as an advisor at the House of Entrepreneurship and was in charge of the Investor Care Platform dedicated to advising foreign investors interested in Luxembourg. In his spare time, Philippe is a member of the national chess team and represented Luxembourg during various Chess Olympiads. He’s also an international handball referee active at all competition levels.

Christophe Bianco
Board Director
Co-founder and Managing Director of Excellium Services, cyber-security service provider in the Belux and African region. Christophe is an Associate Professor at Telecom Nancy, regularly speaks at conferences about Information Security issues, analysis of the economics of cyber-crime or evolving threats. Since 2020 he is an active Angel Investor through LBAN and Angelsquare with a current portfolio of more than 10 investments to date.  Christophe has an engineering degree and an Executive MBA from HEC Paris.

Olaf Kordes
Board Director
Olaf has spent more than 25 years in Private Equity, deploying funds across Europe and world-wide. Since 2023, he focuses on managing 3 Luxembourg-based family offices. He joined LBAN in 2024 and since then has realized 10 angel or growth investments, therein 6 via LBAN. Olaf has a keen interest in transmitting his experience to the members of LBAN and to foster active discussions to improve knowledge sharing.

Thierry De Poerck
Board Director
Senior Executive in international banking and financial institutions, with over 17 years of experience, Thierry is a seasoned professional specializing in cross-border Mergers & Acquisition and strategy consulting. To date, Thierry has also achieved successful business transformation, acceleration, and optimization in the fashion industry. He is an active angel investor and has made more than 15 investments in start-ups.

Serge Borg
Board Director
Serge has spent the last 20 years accompanying large and complex organizations in profoundly and sustainably transforming their cultures. He has coached executives and steering committees to navigate uncertainty with greater confidence. He is driven by the innovative economy generated through scaling startups and is passionate about technology, particularly quantum technologies. A member of LBAN since 2023, he also actively supports startups within the network.

Teona Khubutia
Manager
Business development and investor relations professional with a track record in generating business growth. Teona is a driver of the Luxembourg and Greater Region ecosystem and is involved in a variety of community initiatives. She promotes angel investing in Luxembourg and empowers incubators to better address the needs of their startups. Teona has a human driven approach and connects people across the industries.

Ben Hoffmann
Deal Flow Manager
After gaining extensive experience in the fund industry as a Private Equity and Venture Capital Investor Relations specialist at Nordea Asset Management and a Transfer Agency professional at Schroders Investment Management, Ben is now aspiring to make his mark in the dynamic world of startups in Luxembourg. Ben hold a Master's degree in Advanced Economics and Finance from Copenhagen Business School.
