EDMONTON, Nov. 21, 2016 /CNW/ - Alberta Enterprise announced that is has launched a second early-stage angel co-investment fund, Accelerate Fund II, with a $10 million investment. Accelerate Fund II will provide local entrepreneurs with a great new resource for startup capital. Managed by Yaletown Partners, Accelerate Fund II will continue to have The A100 act as the operators of its industry committee.
The investment focus for Accelerate Fund II will be on Alberta based companies and will look to invest in the growing emerging pool of excellent early-stage tech companies here. The fund managers will look for companies concentrated in the sectors of information and communication technology, clean and energy technology, life sciences, as well as agriculture and biotech.
