Anges Québec Capital Fund gets $25 mln top-up commitment
Anges Québec Capital Fund, an early-stage venture capital fund managed by Anges Québec (AQ), has been promised new commitments in the 2014-2015 Québec budget, tabled on February 20th by finance and economy minister Nicolas Marceau. The budget specified a $25 million commitment to Anges Québec Capital Fund. That is on top of the $30 million the fund received at the time of its formation in 2012. In partnership with the Montréal-based AQ and its network of private angel investors, Anges Québec Capital Fund has backed a number of technology startups over the past two years. At the beginning of 2014, the AQ network had 140 members and had invested in 35 early-stage companies.
24 February 2014•1 min read
