Angels typically fund a startup at the seed stage of a company. There is a higher risk associated with angel investments as they are dealing with an unproven business model. It's also probable that the company doesn't have a product and, if they have customers, they might not have significant revenue.
[ Published in HOERBIGER@MOTION 02/2013 ] Ariel Corporation, Mount Vernon, Ohio, USA, is one of the leading manufacturers of high-speed reciprocating compressors in the world. Thanks to a modern distribution center, almost all replacement parts for Ariel compressors are delivered to any destination worldwide within 24 hours.
Global Electric Motorcars (GEM), a wholly owned subsidiary of Polaris Industries,[1] is a U.S. manufacturer in the low-speed vehicle category, producing neighborhood electric vehicles (NEVs) since 1998, Low-speed vehicles (LSVs) since 2001, and has sold more than 50,000 GEM battery-electric vehicles worldwide as of October 2015[update].[2] GEM was ...