Accelerate Fund Backs Calgary's Advanced Flow Technologies
Advanced Flow Technologies Inc., a Calgary-based company focused on field and Web-based technologies to keep operators informed about oil and gas well status, has received an undisclosed investment from Accelerate Fund and several angel investors. Funding will be used to develop the company's technology and invest in sales and marketing. Accelerate Fund is an angel co-investment fund managed by Canadian venture capital firm AVAC. Alberta Enterprise helped launch the fund in 2012 with a $10 million commitment.
8 August 2013•3 mins read
