Canada's Angel Investment Networks Invested $90.5 Million in 2014
The National Angel Capital Organization (NACO) released its activity report, which found that 30 Angel groups nationwide combined to invest $90.5 million into startup companies, leveraging an additional $110.4 million in tied financing. Of the Angel-backed companies in the study, nine made positive exits (eight M&As and one IPO). Over 80% of investments were concentrated in the Information-Communication Technologies and Life Sciences fields, with cleantech a distant third. Of course, this doesn't capture all Canadian angel investment - only investments from Angels in certain recognized consortiums. This shows that the Canadian investment climate for startups is as robust as ever. To learn more about when your startup should start looking for angel investment, view our post on stages of funding.
Blog Posts
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StartupSourceMaple Leaf Angels Teams Up With Aird & Berlis Once Again
Maple Leaf Angels is pleased to announce a renewed partnership with Aird & Berlis LLP. The Aird & Berlis Startups Group, led by Graham Topa and Tony Sabeta, is dedicated to enabling early-stage and em... -
StartupSourceToronto to Host Fastest-Growing Tech Conference in North America in 2019
Collision, one of North America’s largest tech conferences, is coming to Canada. Prime Minister Justin Trudeau and Paddy Cosgrave, CEO of Web Summit, announced that the event, which brings together te... -
StartupSourceFueling Civic Innovation Through the Launch of Civic Hall Toronto
This month, the City of Toronto, Code for Canada and the Centre for Social Innovation came together to launch the Civic Hall Toronto initiative. This initiative will bring together people across secto...