GreenAngel Energy rebrands to focus on revenue financing
Vancouver-based GreenAngel Energy Corp has changed its name to TIMIA Capital Corp (TSX-V: TCA). The rebranded firm will now focus on revenue financing, providing non-dilutive funding to technology companies in exchange for a royalty on revenue. Mike Walkinshaw, who was earlier this year appointed CEO of TIMIA, said the new investment model suits software companies that generate recurring revenue with high gross margins. TIMIA will also continue to manage the firm's existing clean technology investments.
24 September 2015•3 mins read
