Tectoria to launch angel fund for Victoria's tech ecosystem
Canadian investment firm Tectoria Venture Partners recently released its study of the technology ecosystem in Victoria, British Columbia. The study points to "a significant increase in startup activity in recent years" and more than $31.5 million of direct angel investment over the past five years. Most entrepreneurs in the region have nonetheless reported challenges to raising capital. Tectoria said these findings have convinced it to create an angel fund of $20 million to $30 million targeted to opportunities in Victoria. The firm plans to launch the fund later this year.
10 June 2016•4 mins read
