Kansas City, Mo. - Angel finance investments in North America have decreased at least 10% over 2007 levels, according to a new survey by the Angel Capital Association (ACA).

The organization found that the average size of group investment this year was about $281,000, up 6%, though the average number of investments per group fell 16%.

"Clearly the economy is having an impact on what angel groups will do to fund startups," said John Huston, chairman of the ACA.

"However, a majority of groups expect to see the same or more investment opportunities in 2009. Some of these groups might aggressively seek new deals as they see new advantages in lower company valuations but also in fields such as green technologies, healthcare, mobile media, and renewable energy."

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http://www.angelcapitalassociation.org/dir_about/news_detail.aspx?id=179