Angels invest $89 million in Canadian innovative companies in 2013
Canadian angel groups invested a total of $89 million in early-stage companies last year. That is according to a new report published by the National Angel Capital Organization in partnership with the Canadian government, KPMG Enterprise and BDC Venture Capital. The 29 groups that participated in the study, representing more than 2,100 individual investors, were engaged in 199 deals in 2013. Angel funds were focused on information technology sectors, which took around $29 million invested, as well as life sciences and clean technology. The report also found that startups sponsored by Canadian accelerators last year captured more than $31 million from angel investors, venture capitalists and government sources.
27 May 2014•4 mins read
