Funding for Alberta startups
Accelerate Fund supports the growth of early-stage Alberta technology companies with a venture capital fund that matches angel investment. The original $10-million Accelerate Fund I is fully invested in these forward-looking businesses. We are currently seeking qualified companies for the $10-million Accelerate Fund II.
Investment from Accelerate Fund was the right-sized funding for our stage of track record and growth and came with the fund managers’ deep professional experience and partner networks.
The opportunity to secure an early round that combined angel investment and venture capital was a great fit for our stage of growth. Accelerate Fund’s openness to other angels wanting to invest in us has been key in the fit.
Key for us is scaling sales. Brad and Dave provide partnership connections and insight on potential markets and the introductions and knowledge they’ve shared has already helped extend our market reach.
We are passionate about building a successful biotech business in Alberta. The Accelerate Fund II managers, Yaletown Partners and the A100, share our passion and provide us with strategic capital.