Yaletown Partners to manage new $10 mln Accelerate Fund II
Alberta Enterprise Corp (AEC) has launched a second angel co-investment fund, Accelerate Fund II, with a commitment of $10 million. The fund will invest in early-stage Alberta companies in information technology, clean and energy technology, life sciences and agriculture sectors. It was also announced that Canadian growth equity firm Yaletown Partners will manage the fund. Yaletown will do this in partnership with A100, an Alberta association of technology founders and executives, which will act as operators of the fund's industry committee. AEC was recapped by the provincial goverment last year.
22 November 2016•4 mins read
