Maple Leaf Angels' MLA48 fund debuts with investment in Orchard Labs
MLA48 LP, a fund launched last October by Canadian angel organization Maple Leaf Angels, has made its premiere investment. The fund committed an undisclosed amount to Orchard Labs Inc, a Toronto-based company that enables the buying and selling of pre-owned iPhones through a secure platform. Maple Leaf Angels said the initial investment spurred over $500,000 of further investment from its membership and other angel investors. MLA48 was formed to provide prompt financing to companies in information, communication and entertainment sectors in southern Ontario.
12 June 2015•3 mins read
